Higher Corporation for Specialized Economic Zones (ZonesCorp)

Abu Dhabi ZonesCorp is said to be home to over 600 companies which include the world’s biggest and most renowned global names from different business sectors. Known as the Higher Corporation for Specialized Economic Zones, aka ZonesCorp, came into being in the year 2004 to incorporate and evolve industrial cities located in Abu Dhabi. From the year 2004 to now, ZonesCorp has established and developed 6 Industrial zones which are known to be first-class and are held accountable for about half of the emirate’s GDP. ZonesCorp is a free zone that has attracted more international focus than local and is held accountable for developing the industrial topography of Abu Dhabi. Developed under an intentive leadership, appealing inducements offered by the government, offering a pro-business environment, and world-class infrastructure has made Zones Corp an ideal location for foreign and local investors to set up a company in. At present, Abu Dhabi ZonesCorp is the home sheltering multiple training centers which ensure that the company owners setting up a business in Abu Dhabi Zones Corp are provided with skilled team members and trained staff.

Permitted Entities In Abu Dhabi ZonesCorp

On a relevant note, it is essential to know that companies looking to find a spot in Abu Dhabi ZonesCorp can benefit from only one type of License, and that is Industrial License. Which is what makes it different than other free zones on Abu Dhabi. Under an Industrial license, there is a range of entities that can be incorporated in ZonesCorp, such as:

Benefits Of A Zones Corp Company

Like any other authority or free zone in all of UAE or Abu Dhabi, Zones Corp has its full share of benefits for the companies setting up there. Which are:

Permitted Business Activities In Abu Dhabi Zones Corp

It is important to know of all the business activities that are allowed in ZonesCorp, which are as follows:

If a company owner wishes to incorporate an industry falling under a different category can be considered after an assessment from a synergy, economic and environmental perspective at the stage of submitting an application

Company Formation In Abu Dhabi ZonesCorp

The whole procedure of setting up a company in Abu Dhabi ZonesCorp is rather a simple and convenient one. The first and foremost necessity of setting up a company in the Higher Corporation for Specialized Economic Zones is to acquire a license, to be specific an industrial license. The only way to secure a license to carry out business activities and form a company in Abu Dhabi ZonesCorp is by wither applying online or visiting a ZonesCorp office personally to carry out the whole procedure. The ZonesCorp authority reminds of the whole procedure, which can be stated as follows:

• Forwarding the application to the relevant department
• Reserving the land and preparing the lease contract
• Obtaining approval from the Environmental Department
• Arranging for a construction permit and issuing a preliminary approval
• Issuing the industry license

To complete the whole procedure successfully and form a company in Abu Dhabi ZonesCorp it is required to submit all the essential documents after the application form is submitted. Documents required to set up a ZonesCorp company is as follows:

1. Authorized company contract
2. Document of contract modification registration in the Ministry of Economy
3. Environment license
4. A factory site plan indicating manufacturing and services areas
5. Land plan
6. Feasibility study
7. Membership certificate in the Abu Dhabi Chamber of Commerce and Industry
8. Power of attorney (if available)
9. Passport copies of the partners
10. Valid lease contract
11. Valid and approved trade name
12. The Environment Agency – Abu Dhabi (EAD) technical information
13. Additional information for environment authority