Masdar City Free Zone
Masdar City Free Zone Authority, Abu Dhabi
Description
Established in 2006, Masdar City Free Zone is a thriving business community in Abu Dhabi, focusing on sustainability and innovation. It offers a dynamic ecosystem for companies in renewable energy, clean technology, and related sectors, providing state-of-the-art infrastructure and a supportive regulatory environment.
| Emirate | Abu Dhabi |
| Website | https://www.masdarcity.ae/ |
| Contact Email | info@masdarcity.ae |
| Contact Info |
Phone: +971 2 653 3333
Address: Masdar City, Abu Dhabi, UAE
|
| Year Established | 2006 |
| License Types | Renewable Energy, Clean Tech & ICT, Marketing and Events, Human Resources, Energy, Healthcare Services, Service Providers, Property Development Services, Regional HQ, Trading and Holding Companies, Business Center or Data Center, Oil and Gas Services, Retail, Food, and Beverage |
| License Cost | AED 7,000.00 - License fees start from AED 7,000 annually, varying based on the type of license and business activity. |
| Formation Cost | AED 2,000.00 - An initial payment of AED 2,000 is required for name reservation, with additional costs depending on the chosen license type, facility, and business activity. |
| Minimum Capital Requirement | No minimum capital requirement is specified; however, it may vary depending on the business activity and legal structure. |
| Allowed Business Activities | Renewable Energy, Clean Technology, Information and Communication Technology, Marketing and Events, Human Resources, Healthcare Services, Service Provision, Property Development, Trading, Holding Companies, Business Centers, Data Centers, Oil and Gas Services, Retail, Food and Beverage |
| Company Legal Structures | Free Zone Limited Liability Company (FZ-LLC), Branch of a Foreign or Offshore Company, Branch of a UAE-based Company |
| Allowed Activities | Import, Export, Manufacturing, Warehousing, Distribution, Consulting, Service Provision |
| Restricted Activities | Activities requiring special approvals from UAE authorities |
| Investor Visa Cost | Visa costs vary based on the investor's profile and specific requirements. |
| Employee Visa Cost | Visa costs vary based on the employee's role and specific requirements. |
| Processing Time (Days) | 5 days - The average time expected to complete the registration process is as little as five days. |
| Physical Office Required | Yes |
| Office Space Options | Build-to-Suit, Office Space, Retail Space, Land |
| Office Space Cost | Office space costs vary based on size, location, and facility specifications. |
| Virtual Office Available | No |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance is provided; costs may vary depending on the chosen bank. |
| Partner Banks | Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB), HSBC |
| Governing Laws | Operates under UAE federal laws and Abu Dhabi regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | AED 7,000.00 - Annual renewal fees start at AED 7,000, varying by business activity. |
| Business Restrictions | Specific activities may require additional approvals. |
| Ownership Structure | 100% foreign ownership |
| Import/Export Restrictions | No Standard customs regulations apply; specific activities may require additional approvals. |
| Benefits | 100% foreign ownership, 0% import tariffs, No personal income tax, Freedom to repatriate capital and profits, Strategic location near Abu Dhabi International Airport, Access to a thriving ecosystem of over 1,000 companies, Sustainable and innovative business environment |
| Drawbacks | Potentially higher setup and operational costs compared to other free zones |
| Specific Compliance Requirements | Compliance with UAE federal laws and Abu Dhabi regulations, Adherence to environmental and safety standards |
