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Advantages of company formation in KIZAD

Advantages of company formation in KIZAD- Location and Market advantage, Global Connectivity, Strategic Infrastructure etc.

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Advantages of company formation in KIZAD

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  1. THE KIZAD ADVANTAGE Benefits of Company formation in KIZAD presents many advantages to investors and companies who are looking at setting up a base in the region. From startups to established industries, Company formation in KIZAD offers cost-effective and comprehensive solutions for every requirement. Being situated in Abu Dhabi also helps companies ​setup in KIZAD to take advantage of the dual-licensing regime offered by the Abu Dhabi Department of Economic Development. 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

  2. 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)

  3. DUAL LICENSING REGIME ● Abu Dhabi DED offers dual licensing regime ● Company formation in KIZAD has an option of forming a low cost branch company in Abu Dhabi Mainland ● Can cater to the ​local market​ and ​government​​tenders ● No separate physical space​ and local service agent required 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

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