Khalifa Industrial Zone Abu Dhabi
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Khalifa Industrial Zone Abu Dhabi (KIZAD)
In the current business landscape, the rapid expansion of enterprises has sparked an increasing demand for additional free zone space. Among these, the Khalifa Industrial Zone Abu Dhabi (KIZAD) stands out, occupying a substantial 417 square-kilometer area strategically positioned midway between Abu Dhabi and Dubai.
KIZAD has established itself as a premier integrated trade, logistics, and industrial hub within Abu Dhabi, offering a multitude of advantages to the companies operating within its confines. This free zone enjoys exceptional connectivity through world-class infrastructure via land, air, and sea, complemented by a comprehensive range of support services tailored to facilitate business growth.
Business opportunities in KIZAD Free Zone
KIZAD caters to a diverse spectrum of business activities, including manufacturing, logistics, trade, and distribution, making it a versatile choice for a wide array of enterprises.
With an astounding 90% of global trade reliant on sea routes, Abu Dhabi Ports plays a pivotal role in linking Abu Dhabi to global markets. It actively supports the diversification of the Emirate’s economy by facilitating economic development and the seamless movement of goods, equipment, and materials.
Abu Dhabi Ports contributes to the vibrancy of the economy by maintaining efficient and cost-effective ports, providing world-class infrastructure within the industrial zone, and offering dedicated support to investors, subsidiaries, and affiliated companies, thereby ensuring excellence in services for the maritime and industrial sectors.
Benefits of Khalifa Industrial Zone Free Zone
A KIZAD free zone company formation offers several compelling reasons:
- Prime Location: KIZAD is strategically located between Abu Dhabi and Dubai, seamlessly connected to Khalifa Port. It’s one of the Middle East’s largest industrial zones and conveniently accessible for those in Khalifa City A.
- Integrated Trade and Logistics Hub: KIZAD is renowned as a hub for integrated trade, logistics, and industrial activities, catering to the diverse needs of manufacturing, trading, and storage companies.
- Global Connectivity: Khalifa Port, linked to KIZAD, provides access to over 60 international destinations, enhancing global trade opportunities.
- Versatile Business Spaces: KIZAD offers flexible workspace solutions, including flexi-desks and offices, accommodating businesses across various industries.
- Tax and Customs Benefits: Companies in KIZAD enjoy tax advantages, including no export tax and exemptions on joint venture companies, imported raw materials, machinery, and goods manufactured in the UAE for export to most GCC countries.
- Supportive Business Environment: KIZAD fosters a business-friendly environment, supporting local entrepreneurs and foreign trade and investments. The Free Zone Authority (FZA) expedites license issuance.
- Cost-Effective for SMEs: KIZAD is a cost-effective choice for SMEs, offering affordable workspaces, offices, and licensing options. The Entrepreneurship and Incubation Centre (KEIC) supports startups and small-medium businesses.
- Efficient Registration: Business registration in KIZAD is exceptionally fast, with licenses issued within 24 hours after approvals.
- Ownership and Tax Benefits: KIZAD permits complete foreign ownership, and businesses benefit from 0% import, export, corporate, and personal taxes, as well as VAT exemption within the free zone.
- Support Services: KIZAD offers comprehensive support services for permits, licenses, approvals, and access to a skilled workforce.
- Strategic Location: Positioned halfway between Abu Dhabi and Dubai, KIZAD enjoys proximity to Khalifa Port, a state-of-the-art deep-sea port.
- Customized Facilities: KIZAD provides tailored business facilities and geographical advantages for various industries.
Moreover, if you’re involved in manufacturing within KIZAD, you can benefit from attractive tax exemptions on raw materials and goods produced for re-export to other countries.
The KIZAD Entrepreneurship and Incubation Centre (KEIC) further enhances the appeal, offering affordable office spaces starting at AED 13,000, fostering entrepreneurship, SME growth, and supporting Abu Dhabi’s economic vision.
Documentation Required for Khalifa Industrial Zone, AbuDhabi
When considering free zone busines setup in the Khalifa Industrial Zone Abu Dhabi (KIZAD), you will need to provide various documents and information. The specific requirements can vary depending on the type of company you intend to establish and your business activities. However, here is a general list of documents commonly required for KIZAD company formation:
- A completed application form provided by KIZAD.
- A comprehensive business plan outlining your company’s objectives, activities, and financial projections.
- Copies of the passports of all shareholders, directors, and authorized signatories.
- If applicable, a NOC from the current sponsor or employer of the shareholders, directors, or employees.
- Memorandum and Articles of Association (MOA) which is drafted in accordance with KIZAD regulations, if required.
- Copies of utility bills or other proof of address for shareholders and directors.
- Bank reference letters for shareholders and directors.
- Details of the share capital structure, including the amount and distribution among shareholders.
- If your company has a corporate shareholder, a board resolution authorizing the investment in the UAE and appointing a representative.
- A copy of the lease agreement for your company’s physical office or warehouse space within KIZAD.
It’s important to note that KIZAD may have specific requirements or additional documentation depending on the nature of your business. Hence, it is advisable to consult a knowledgeable and trusted company formation consultants like us at Insight 360 to ensure a smooth and efficient free zone company setup.
