Abu Dhabi Company Formation

Oil-rich Abu Dhabi is the capital of the UAE and its largest Emirate. Despite the difficulty and expense of Abu Dhabi company formation, it is especially attractive to investors looking to establish a foothold in the Emirate's oil and gas industry.

Advantages of Abu Dhabi Company Formation
1.	Most foreign investors choosing Abu Dhabi company formation do so through an Abu Dhabi LLC. Form more information, visit our Abu Dhabi LLC webpage.
2.	An Abu Dhabi company is not perceived as an offshore company in a tax haven. Abu Dhabi is a reputable and regulated trading jurisdiction. If properly structured, Abu Dhabi company formation is an ideal way to legitimately book international profits without paying local corporation tax. In addition, there are no capital gains or personal income taxes in Abu Dhabi.
3.	Many incentives are granted for Abu Dhabi company formation industrial projects including i)a suitable plot of land will be made available at low rates ii)Public utilities, such as water and electricity are provided at very nominal and promotional rates iii) Certain industrial plants are put for rent at the various industrial zones.
4.	Through an Abu Dhabi branch company, one can wholly own the entity and not be subject to an annual audit. For more information visit our Abu Dhabi Branch Company page.
5.	Healy Consultants can open global corporate bank accounts to support Abu Dhabi company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
6.	Following Abu Dhabi company formation, our clients obtain UAE residence and employment visas. For more information, visit our Migration and Relocation services page.
7.	The UAE ranks a positive 39th on the United Nations Human Development Index, which rates a country on its overall life expectancy, literacy, education and living standards.
Disadvantages of Abu Dhabi Company Formation
1.	UAE company formation is both difficult and expensive because of high government fees ii) inconsistent and complex company law and iii) inefficient bureaucracy. According to the World Bank's Doing Business 2008 Survey, the UAE is ranked negatively as the world's 68th easiest place to do business. The survey measures factors including business start up procedures, time, cost and minimum capital required to start a business. However, the survey measures ease of business in the United Arab Emirates, and not specifically in Abu Dhabi. Furthermore, the UAE is negatively ranked as the world's 63rd freest economy in the Heritage Organisation's 2008 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets.
2.	An Abu Dhabi LLC requires a UAE national to hold a 51% share. An Abu Dhabi LLC requires a trade licence (as well as other licences and registrations) to enable them to carry on business in Abu Dhabi. Furthermore, an Abu Dhabi LLC is not permitted to conduct insurance, banking or the investment of money for third parties.
3.	It is difficult to incorporate an Abu Dhabi company unless your Firm enters an expensive lease to open a local office and employed local staff.
4.	Following Abu Dhabi company formation, most entities are required to submit annual audited accounts to the UAE government.
Further Information
Refer to the following links to read more information on Abu Dhabi company formation:

Contact Us
For more information on Abu Dhabi company formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120.
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