Yes, a foreigner can start a business in Abu Dhabi, the capital of the United Arab Emirates (UAE). With its strategic location, political stability, advanced infrastructure, and a dynamic, rapidly growing economy, Abu Dhabi presents an attractive proposition for entrepreneurs and businesses worldwide.
One of the primary avenues for foreigners to start a business in Abu Dhabi is through Abu Dhabi Global Market (ADGM), an international financial centre located on Al Maryah Island. ADGM is a free zone, meaning that it provides several benefits to businesses, including 100% foreign ownership, zero taxes on corporate income and profits, and no restrictions on capital or profit repatriation.
Starting a business in ADGM involves a systematic process. First, an applicant needs to select the nature of their business, which can be financial, non-financial, or retail. The next step involves choosing a legal structure, checking the availability of a proposed company name, and identifying office space within the jurisdiction.
To learn more about starting a business in Abu Dhabi, check out this comprehensive guide How to Start a Business in Abu Dhabi.
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