Overview of Khalifa Industrial Zone Abu Dhabi
KHALIFA INDUSTRIAL ZONE ABU DHABI (KIZAD) is the world's largest freezone, offering low-cost licences for trading, logistics, manufacturing, and service operations. KIZAD is the top choice of investors all over the world because of its low operational expenses, convenience of conducting business, and market accessibility.
KIZAD is connected to Khalifa Port, one of the region's most advanced deep-sea ports and the region's first semi-automated container ports. This port is situated between Dubai and Abu Dhabi in order to promote trade inside the UAE.
Abu Dhabi Ports is an Abu Dhabi-based master developer and manager of ports and industrial zones. It was established in March 2006 as part of a reorganisation of Abu Dhabi's commercial port sector, and it acquired the Abu Dhabi Seaports Authority's assets. Today, the firm operates ten commercial, logistics, community, and recreational ports, including the Khalifa Port, which is the company's flagship, state-of-the-art deep-water port.
Khalifa Industrial Zone (KIZAD), the commercial and logistical hub of Khalifa Port, is also being developed. With 90 percent of global trade moving by sea, Abu Dhabi Ports is critical in connecting Abu Dhabi to worldwide markets and helping the Emirate's economic diversification through easing economic development and the flow of commodities, equipment, and resources. It boosts the economy's dynamism by providing efficient and cost-effective ports, an industrial zone with world-class infrastructure and dedicated investment support, and subsidiaries and group firms that provide great marine and industrial zone services.
Types of Licenses Provided in KIZAD
Investors can choose from a variety of business licences offered by KIZAD.
License for Industrial Use
The industrial licence allows you to do things like import raw materials, manufacture, process them, assemble them, package them, and export intermediate and/or finished products.
License for Trading / General Trading
Under the licence provided for the corporation, actions such as import, export, distribution, stocking, and warehousing of specified products are permitted.
A service licence is required for activities such as management, economic consultancy, marketing, logistical support services such as cargo and freight forwarding, restaurants, retail food outlets, catering services, travel agencies, and other similar operations.
Types of Legal Entities Registered under KIZAD
In the KIZAD Free Zone, investors can form the following legal entities.
Company with Limited Liability
Investors must have a minimum paid-up capital of AED 150,000 to form a Limited Liability Company in KIZAD. Individuals, corporations, or both can own limited liability firms.
Company with a Branch
A branch company can be formed by a company that has a valid registration outside of the Khalifa Port FTZ. It can be registered as a UAE company branch or as a foreign company branch.
Why one should Start a business in KIZAD?
KIZAD has pioneered the DUAL LICENSE system, which helps freezone businesses working here. This system enables KIZAD freezone enterprises to obtain a licence from the Mainland Department of Economic Development (DED) Abu Dhabi without the need for a UAE Local Service Agent or a local sponsor. Companies who obtain a dual licence do not need to set up a separate physical office or sign a tenancy agreement on the mainland. For a foreign company's branch, a dual licence is not available.
A Strategic Location
Abu Dhabi, which is located in the centre of major growth markets such as the Middle East, Africa, and South Asia, has access to over 4.5 billion consumers across four time zones.
Doing Business Ease
By collaborating with government agencies to reduce paperwork and procedures, Abu Dhabi Ports and KIZAD deliver a streamlined, simple set-up and operational environment.
Advantages in terms of cost
Customers benefit from low costs for using Abu Dhabi Ports' ports and facilities, as well as high-tech infrastructure in the ports, such as the semi-automated container terminal at Khalifa Port.
Stewardship of Industry
Beyond the company's walls, Abu Dhabi Ports collaborates with companies, government departments, and other stakeholders in the local logistics industry to ensure that resources and goods are transported in the most efficient and cost-effective manner possible.
Which industries are best served by the Khalifa Port Free Trade Zone?
- Port Logistics and Related Industries
- Engineering for Aluminium Sheet Manufacturing and Glass Manufacturing
- Metal Processing, Metal Casting
- Paper, printing, and packaging industry.
- Products made of metal
- Food Processing/Products
- Plastic and chemical industries
- Construction Products Engineering Industries
- Building & Packaging
- Services for the Pharmacist's Office and Support
- Activities Relating to Trade and Logistics
How will Dhanguard assist you?
Dhanguard will help you form a company in the KIZAD Freezone from start to finish. Our experts will assist you with everything from picking the proper business activity to reserving a trade name, company registration paperwork, shareholder certificates, notary attestation, licence issuing, residency visas, and bank account creation. While you concentrate on your core business activities, our professionals will take care of the work. Talk to our specialists right immediately if you want to learn more about company formation in KIZAD!
The majority of the time, forming a corporation in Abu Dhabi is a simple process, but a lack of awareness of local rules and regulations might cause delays. Our business experts have dealt with authorities before, which speeds up the process of establishing a business in Abu Dhabi. We welcome your questions, comments, and recommendations that will help us provide better service to you. To learn more about UAE Industrial Park, give us a call now!