Masdar City free zone is located in Abu Dhabi, the capital city of the United Arab Emirates (UAE) and is home to more than 1,000 companies working across key sectors. Masdar City, a premier center for business and technology, has attracted an expanding network of top international companies that are collaborating to build a more environmentally friendly future.
Achieving the goals of the country while showcasing the integration of economic, social, and environmental sustainability is what Masdar City is all about. By designing venues that are cutting edge in terms of technology and ecologically conscious, we are advancing the UAE’s goal for sustainability and setting the standard for future global cities.
Unique Features of Masdar City Free Zone
- Innovative green technology can be tested and applied in real-world settings by businesses, hastening the creation and uptake of sustainable solutions.
- By encouraging a closed-loop system that reduces waste and maximises resource efficiency, Masdar City is setting the standard for ethical business practices in the future.
- Particular sectors focus on cleantech, renewable energy, and emerging technologies, encouraging industry experts and entrepreneurs to collaborate and share expertise.
- A living testbed for the development of sustainable cities is produced by the integration of smart technologies like artificial intelligence and driverless cars.
Types of licenses available in Masdar City Free Zone
- General Trading License
- Industrial License
- Commercial Trading
Benefits of setting up a business in Masdar City Free Zone
- 100% foreign ownership
- 0% import tariffs
- Cost effective licensing options
- 0% corporate tax on Qualifying Income
- World-class infrastructure and facilities
- No minimum capital requirement if setting up a branch
The process of setting up a company in Masdar City Free Zone mainly includes:
- Submit company documents and completed application
- Make payments and deposit capital (for LLC only)
- Receive license, lease agreement and keys
The documents required to set up a company in Masdar City Free Zone include:
- Name reservation certificate
- Initial approval of the local administration
- Lease agreement
- Copies of the passport, photo, and emirates ID of the shareholder and director (if the shareholder and director are UAE residents)
- Resume and a copy of the passport of the appointed general manager
- Personal information sheet for the head and founders
- Notarised and attested Power of Attorney (PoA)
Masdar City Free Zone offers several benefits to businesses, including:
- 100% foreign ownership
- 0% Import tariffs
- Cost effective licensing options
- 0% corporate tax on Qualifying Income
- World-class infrastructure and facilities
- No minimum capital requirement if setting up a branch
Masdar City Free Zone offers six types of licenses:
- Commercial Trading
- General Trading
- Industrial
Masdar City Free Zone permits the incorporation of following legal entities:
- A free zone Limited Liability Company (LLC)
- A branch of a foreign or offshore company
- A branch of a UAE-based company
- Regional HQ, trading and holding companies
- Business center or data center
- Oil and gas services
- Retail, food, and beverage
- Renewable energy
- Clean tech and ICT
- Marketing and events
- Human resources
- Energy
- Healthcare services
- Service providers
- Property development services
The costs of setting up a company in Masdar City Free Zone will vary depending on the type of license you require and the complexity of your business operations. Contact Gatestone Group for more information via [email protected] or call +971 4 450 1023.
No, you do not need a local partner to set up a company in Masdar City Free Zone. Foreign investors are allowed to own 100% of their businesses in the free zone. For seamless company formation and expert guidance in Masdar City Free Zone, reach out to Gatestone Group today via [email protected] or call +971 4 450 1023.
The process of setting up a company in Masdar City Free Zone can take an average of 3-4 weeks. Empower your business success in Masdar City Free Zone with Gatestone Group’s expertise and unwavering support via [email protected] or call +971 4 450 1023.
There is no minimum capital requirement if you are only setting up a branch of your company in Masdar City Free Zone. However, for establishing an LLC in Masdar City Free Zone, the minimum capital requirement is AED 50,000. Contact Gatestone Group for more information via [email protected] or call +971 4 450 1023.