Advantages Of Company Formation In Kizad - 10 Zone

By Author: Siddhumenega
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THE KIZAD ADVANTAGE:

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

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 License)

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)

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

Check For Update: https://10zone.ae/advantages-of-company-formation-in-kizad/

I'M Siddhumenega from Bangalore, India. Working as a Content Writer