Abu Dhabi, the capital of the UAE, provides an excellent digital ecosystem with pro-business government initiatives, tax exemptions, access to global markets, and a strong economy. The simplified licensing and business setup process has encouraged startups and small and medium enterprises (SMEs) to become a part of this dynamic business ecosystem. One of the initiatives that has amplified this is the introduction of the Abu Dhabi Virtual License.
With the help of the virtual license, businesses can operate remotely without the need for an office space in the Emirate. Additionally, the government has taken steps to streamline online business setup in Abu Dhabi by offering easy-to-follow procedures, low costs, and incentives like the ‘Tajer License’.
Let us see in detail how to start an online business in Abu Dhabi.
Why Start an Online Business in Abu Dhabi?
Starting an online business in Abu Dhabi offers several advantages:
The Abu Dhabi virtual license allows you to operate remotely without the need for any office premises.
- Lower Setup and Operation Cost
The Abu Dhabi virtual license cost is lower than that of businesses. Also, the setup and operational expenses are reduced as there are no rental costs to bear.
Abu Dhabi provides tax incentives, including zero percent corporate tax for certain businesses. You can also repatriate all your profits without paying any taxes on the revenue earned.
- Access to a global market
With Abu Dhabi’s strategic location, online businesses can serve both local and international clients with ease.
How to Start an Online Business in Abu Dhabi?
Setting up an online business in Abu Dhabi is a multi-step process. Here’s a step-by-step guide to help you get started:
Step 1: Select a Business Activity
Choose your business activity before applying for a business license in Abu Dhabi. Some of the most sought-after online businesses include e-commerce, tourism, digital marketing, advertising, information technology (IT) consultancy, and freelancing services.
Step 2: Choose the Legal Structure
Abu Dhabi offers different legal structures for businesses. Online businesses can choose from the following – sole proprietorship, limited liability companies (LLCs), general partnership, or limited liability partnerships.
Step 3: Name your Online Business
Pick a unique name that resonates with the nature of your business. Also register the name with Abu Dhabi Department of Economic Development (ADDED).
Step 4: Initial Approval
You must get an initial approval from ADDED along with the no-objection certificate, to launch your online business faster.
Step 5: Additional Approvals
Your online business might need additional approvals based on the nature of your business. If your online business is in the mainland, approval from the Telecommunications and Digital Government Regulatory Authority is required.
Step 6: Obtain the License
Submit the required documents such as passport copies, proof of address, and a business plan. Then pay the relevant fees. After approval, you will receive your business license in Abu Dhabi, allowing you to legally operate your online venture.
Online business setup in Abu Dhabi has never been more straightforward and cost-effective. By following the detailed steps and leveraging the region’s business-friendly policies, you can build a thriving online venture. If you are ready to establish your online business, contact us today. Commitbiz experts will help you launch your dream online business in Abu Dhabi in a hassle-free manner.
