19th July 2018
On the 8th of July 2018, Administration Decree No. 219 of 2018 was passed relating to dual licensing for free zone entities. This decree is in relation to free zone entities being able to operate onshore in the Emirate of Abu Dhabi.
Licensed entities in Abu Dhabi free zones can apply to the Department of Economic Development (DED) to request a trade license to carry out their activities outside of the free zone in which they are licensed.
It is necessary for the relevant free zone authority to give approval.
The free zone entity must meet all of the requirements necessary to obtain a license issued by the DED to operate onshore (outside of the free zone).
The free zone authorities must ensure that the free zone entity wishing to operate outside the free zone has a commercial premise within the free zone and that no more than one license is issued at that location.
Free zone companies are only legally able to operate within the geographical area of the specific free zone and with overseas companies. To work with onshore companies and with government entities, it is necessary to have an onshore license issued by the DED.
If you are a free zone company wishing to operate onshore speak to Gateway Group about our streamlined and professional business setup service and our corporate nominee local sponsor service.
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By providing bespoke, trustworthy business setup, a corporate local sponsorship platform for protection, and efficient visa processing in Abu Dhabi, award winning Gateway Group uses its on-the-ground experience and knowledge to help companies make informed decisions for their business and goals. For help with your Abu Dhabi business set up, visa processing and ongoing Trade License renewal requirements, Email us: info@GatewayToAbuDhabi.com
Gateway is pleased to announce it is featured as 12th in the Top 20 Abu Dhabi blogs to follow in 2018: CLICK HERE
Jenny Hunt, CEO Gateway Group of Companies