Abu Dhabi Airport Free Zone
The Abu Dhabi Airport Free Zone is an integrated project which is designed to ensure the development of the private tourism sector and the implementation of the long-term economic strategies. This territorial unit includes the logistic and business platforms for the international air carriers and operators. The main purpose of the project is the attraction of the off-site private investments for the development of the airport infrastructure and to minimize the state participation.
The proposed scheme provides the diversification of the investments which come in from the private sector and the provision of modern solutions in logistics, and also in office premises and storage facilities. The Abu Dhabi Airport Free Zone (ADAFZ) economic area is an ideal platform for local and foreign companies engaged in this industry due to the close proximity to the terminals of the international air harbor.
Abu Dhabi Airport Free Zone: the structural component and infrastructure
The structure of the economic zone implies the sectoral division of the territory, in particular:
- sector 1: the sector is designed in order to accommodate companies which are engaged in the field of transport logistics, maintenance and warehousing, freighting and transportation, repair services and catering. Besides, the logistics park of the Abu Dhabi International Airport is located on the territory of the sector;
- sector 2: this sector includes land lots for investment construction of the infrastructure, for warehousing and storing of goods and raw materials for light industry.
The convenient urban and social infrastructure is worth noting. There is everything needed for a comfortable residence, including shopping malls, restaurants, entertainment venues. The hotel complexes and hotels are located in close proximity to the Abu Dhabi airport, what provides the access to any point of the globe.
Strategically favorable location, necessary conditions for a comfortable and secure residence, and also the unlimited possibilities for business make the Abu Dhabi Airport Free Zone the ideal platform for creation an international business.
ADAFZ: advantages for potential partners
Besides the fact, that business partners and clients of the ADAFZ economic zone are offered favorable business environment and the assistance of the government on the issues of business registration, licensing and visa clearance, the entrepreneurs are offered a number of competitive advantages and benefits. In particular:
- the possibility of 100% foreign ownership of a company;
- exemption of companies from all types of corporate taxation;
- provision of import and export privileges;
- exemption of private physical entities from the income taxation;
- no restrictions on the distribution of the gained profits and the withdrawal of the assets outside the jurisdiction;
- no state currency exchange regulation;
- accessible and simplified procedure of registration of the company, and also the obtaining of a business license and a residence visa for the founders, members of their families and staff;
- possibilities for involvement the foreign labour reserves;
- the appropriate infrastructure of the international class.
State services for business
Partners and clients of the economic zone can count on a full range of public services, and also on the maximal assistance and support from the state. The list of public services for business includes the following items:
- transparent procedure of issuing the state documents, which eliminates the bureaucratic barriers and runaround;
- a full set of services for customs clearance and cleaning of cargo;
- provision of professional services in the field of international logistics;
- business licensing, postal services and issuing the visas.
The partners are offered land lots for building, office premises, which are equipped with the modern communication facilities, and vast storage facilities. Here you will find a full set of tools for efficient and, what is more important, economically rational and profitable business management.
ADAFZ Free Zone: key activities
Not only large companies and holdings, but also the representatives of small and medium-sized business are considered as the potential business partners. Among the key areas of economic and commercial activity on the territory of the Free Zone, the following can be singled out:
- air carriers and operators;
- Internet technologies and computer equipment;
- perfumes and cosmetics industry;
- professional consulting services;
- drinks and food;
- activity in the field of education;
- home appliances and electronic devices;
- freight traffic activity, trucking industry and international logistics;
- repair services and maintenance;
- Advertising and marketing techniques;
- medical and pharmaceutical professional equipment;
- foreign representative offices and branches;
- information technologies and modern communications;
- Storing, warehousing, distribution and etc.
Conclusion
The Abu Dhabi emirate, which is the embodiment of the national economic success and prosperity, is located in the heart of the Arab world and is a strategically important global platform for international trade and tourism. The economy of the emirate is actively developing and has the long-term perspectives.
The strategy of the development and diversification of the economy of the Emirate implies the large-scale investments in the development of the infrastructure, which is a good indicator for potential investors from all over the world. More and more entrepreneurs choose the UAE for the optimization of production and business processes and for creation a stable business scheme, which would generate a decent profit.
The ADAFZ economic zone is a unique project of its kind, which represents a comprehensive approach to the organization of international business parks and business centers. As the main purpose of the project is the attraction of the potential investors, businessmen are guaranteed a favorable investment climate and a comfortable atmosphere.
