Company Formation In KIZAD

Posted by BRUCE on July 18th, 2019

Khalifa Industrial Zone Abu Dhabi (KIZAD),is the flagship free zone and industrial zone of the Emirate of Abu Dhabi.Operated by Abu Dhabi Ports, KIZAD is one of the largest industrial, logistics and free trade zone development projects in the world, offering a wide choice of business set-up solutions, locational advantages and modern infrastructure facilities.

KIZAD is located midway between Abu Dhabi and Dubai with commutable proximity to both cities. Integrated with technologically advanced Khalifa Port, KIZAD company formation enables businesses to benefit from its strategic location, easy access to regional markets, low operational costs, world-class infrastructure, and efficient investor support services to facilitate and enable business success and growth.

THE KIZAD ADVANTAGE

LOCATION & MARKET ADVANTAGE

  • Located midway between Abu Dhabi and Dubai - the two largest commercial hubs in the region

    • >  55 km from Abu Dhabi city centre

    • >  75 km from Dubai city centre

  • Free Trade Zone with a population of 55 million (GCC countries)

  • Access to 450 million consumers in the Greater Arab Free Trade Area (GAFTA)

  • Less than 1-hour flight from all regional capitals

  • 4-hour flight covers over four billion consumers

GLOBAL CONNECTIVITY

  • Easy access to 2 global ports in the UAE – Khalifa port and JAFZA

  • Khalifa Port - connects with over 65 global destinations by 24 shipping lines

  • Multiple highways connecting KIZAD with other emirates and GCC countries

  • Serviced by four international airports with combined capacity of 14 million air freight capacity

  • First industrial and free zone to be connected by the Etihad Rail

STRATEGIC INFRASTRUCTURE

  • Free Zone and Industrial Zone facilities

  • Wide range of business facilities

  • Modular Path – facilitates unrestricted movement of ultra large structures between Khalifa Port and investors’ facilities

  • Hot-Metal Road, dedicated for transporting molten aluminium in the midstream aluminium cluster

  • Extensive network for transportation, power, water and waste management

COST BENEFITS

• Competitive lease rates

• Among the lowest utility rates in the region

• Competitive logistics costs

• Zero corporate and income taxes

• No customs duty on import and re-export within the Free Zone area

• Potential for duty-free trade with GCC countries (for goods produced by holders of National Industrial Licence)

INVESTOR SUPPORT

  • 100% foreign ownership in Free Zone facilities

  • 100% repatriation of capital and profit

  • Easy access to skilled and unskilled labour with no restrictions on hiring expatriate employees

  • Fixed exchange rate (against USD)

  • Ease of doing business - #1 in the Middle East (World Bank - Country Ranking)

  • Safety - #1 in the Middle East (Economic Intelligence Unit)

LIFESTYLE DESTINATION

  • Abu Dhabi is among the top 2 destinations for expatriates in the region

  • Global lifestyle, world-class facilities

  • Excellent network of roadways and infrastructure

  • International schools

  • Adventure destinations like the Yas Marina F1 circuit

  • Cultural capital of the region

OWNERSHIP

KIZAD is the first industrial zone in the region that offers dual-licensing, that is, both Free Zone and Non – Free Zone licenses. Company formation in KIZAD allows to obtain on-shore branch licenses from the Abu Dhabi Department of Economic Development, without the need for a local sponsor and office space.

This allows companies to take advantages of the benefits offered by free zone licensing, as well as cater to the Abu Dhabi market, and the UAE market in general.

FACILITIES

Business Park and District Centre

Being designed to further support companies and employees within and around the zone, is the proposed Business Park; envisioned to comprise of office buildings, commercial showrooms, hotel, and other related amenities.

The planned District Centre will provide the zone’s community with a range of facilities such as a mosque, medical clinic, civil defence, some associated retail, food and beverage outlets and other community services.



LIGHT INDUSTRIAL UNITS

The pre-built light industrial units (LIU) project will kick-off soon and deliver a high-quality units catering to light manufacturing businesses and workshops.

FREE ZONE OFFICES

KIZAD’s Free Zone Offices are comprised of plug-and-play executive offices and dedicated desk spaces. These enable fast setup and economical operations.

PRE-BUILT WAREHOUSES

You can minimise your capital expenditure costs by setting up logistics operations at KIZAD’s Logistics Park (KLP). This Park will become the leading warehouse centre in Abu Dhabi in the years to come.

These units are equipped with easy access loading docks for your trucks, raised docked floor levels and clear open space for the eaves. KLP units also include the provision for setting up mezzanine offices within the warehouse.KIZAD Logistics Park comprises both free zone and non-free zone options.The non-Free Zone warehouses consist of over 100 units with net leasable area of over 118,000 square metres. There are over 30 Free Zone warehouses under construction.

LAND LEASING

Land leasing options with Company formation in KIZAD are long-term and designed to be flexible and tailor-made to client requirements.

COSTS

Company formation in KIZAD offers a wide range of activities and facilities, at competitive costs. Starting from start-up packages on Flexi-desks, KIZAD offers office spaces, warehouse and light industrial units and leased land for manufacturing. Utility costs are very competitive as well.

Trading, Service and Consultancy Activities

Initial Application fee – US$ 137 (AED 500)

License fee packages (5 activities per license)

1 visa package– US$ 3,850 (AED 14,100)

2 visa package- US$ 4,400 (AED 16,100)

3 visa package- US$ 4,950 (AED 18,100)

4 visa package- US$ 5,100 (AED 20,100)

These packages include:

  • Initial approvals

  • New license

  • New lease

  • Registration

  • Establishment Card

  • Refundable security deposit of AED 1,000

  • E-channel charges of AED 2,100

GENERAL TRADING LICENSE

Company formation in KIZAD with a General Trading License is the most cost-effective in the region.

4 visa package- US$ 5,100 (AED 20,100)

This packages include:

  • Initial approvals

  • New license

  • New lease

  • Registration

  • Establishment Card

  • Refundable security deposit of AED 1,000

  • E-channel charges of AED 2,100

VISAS

The visas are issued based on the packages above, or the warehouse/land leased at KIZAD. The following are the costs for applying for each visa:

When applying from outside the UAE:

Entry Permit - US$ 200 (AED 736)

Residence Visa - US$ 637 (AED 2,336) - valid for three years

Medical Test - US$ 68 (AED 250)

Emirates ID - US$ 100 (AED 370)

When applying from within the UAE:

Change Status - US$ 378 (AED 1,387)

Residence Visa - US$ 637 (AED 2,336) - valid for three years

Medical Test - US$ 68 (AED 250)

Emirates ID - US$ 100 (AED 370)

KIZAD ENTREPRENEURSHIP AND INCUBATION CENTRE

Offering cost-effective workspaces, offices and licensing options to enhance the entrepreneurship and SME ecosystem in the UAE, KIZAD Entrepreneurship and Incubation Centre is designed to facilitate SMEs, start-ups, entrepreneurs and other small businesses.

WORKSTATIONS

Company formation in KIZAD offers a unique opportunity to launch your business with minimal capital investment. Located at KIZAD Entrepreneurship & Incubation Centre, the shared office space and business set-up solution offer one of the fastest and most cost-efficient opportunities to start your business in the UAE.

KIZAD is positioned to give investors a well-defined reach to markets within the MENA region, Asia and Europe. Abu Dhabi Vision 2030 details plans to diversify away from its reliance on oil, and KIZAD is one of the major factors in pursuing a policy of industrialization and diversification. The advantages of providing world-class facilities and pro-active outlook for setting up industries are apparent in KIZAD’s attempt to contribute to the diversified Abu Dhabi economy.

Link To Directory
Top Searches - Trending Searches - New Articles - Top Articles - Trending Articles - Featured Articles - Top Members

Copyright 2020 Uberant.com
746,949 total articles and counting.