ICAD is one of the specialized Economic Zones operated by the KEZAD Group (Khalifa Economic Zones Abu Dhabi), part of the AD Ports Group, reinforcing its strategic integration with Khalifa Port.
It is home to over 230 companies from all over the world, offering a variety of benefits such as tax exemptions, ownership advantages and access to world-class infrastructure. With its strategic location, ICAD offers great economic opportunities for businesses looking to start up or expand their operations in the Middle East region.
As part of its mission to create a conducive business environment, ICAD provides an extensive network of integrated facilities that allow companies to streamline their operations and maximize productivity. The free zone offers various incentives such as a fast company registration process, faster licensing procedures, and 100% foreign ownership privileges.
The business setup landscape in ICAD is ideal for companies engaged in manufacturing and logistics. Reyson Badger has authorized a wide range of business activities in ICAD to meet the needs of such companies. The following are the business sectors that are permitted in ICAD:
ICAD provides a strong industrial ecosystem that fosters synergies, improves efficiencies, value chain benefits, and business growth. The following advantages come with establishing a business in ICAD:
For foreign investors, incorporating a business in ICAD is a relatively simple process. Obtaining an ICAD licence will not take long if all documentation is in order. Because documentation determines the speed with which a company is formed, it is best to seek advice from business setup consultants in Abu Dhabi. To open a company in ICAD, the following steps must be taken:
1. Determine the nature of the business.
2. Select a legal structure.
3. Reserve Trade Name and Apply for Initial Approval. (A combined step for efficiency)
4. Choose a facility and sign the Lease Agreement.
5. Submit final documents (MOA/AOA) and pay fees.
6. Obtain Trade License.
Audit services are essential to any business, and their importance is only magnified in the industrial city of Abu Dhabi Free Zone. Companies located in this area must adhere to strict regulations and laws, making it necessary for an audit to be conducted at least annually. An auditing service will review a business’s financial records and provide assurance that the information presented is accurate, thus ensuring compliance with local laws.
Reyson Badger, a renowned and highly experienced auditor in the Industrial City of Abu Dhabi Free Zone, is known for providing the best auditing services in Industrial City. We are providing our accounts and auditing services to many firms and private companies for the past several years.
Our expertise in Financial management and Accounting has earned the respect from all around. The team at Reyson Badger possesses exceptional skills that are reflected by the positive reviews we receive. Our commitment to delivering quality work is second to none. Furthermore, we offer customized solutions tailored to the individual needs of each client that help them achieve desired results without any hassle or additional cost. We always ensure that our clients get complete value for their money with accurate reports and audit processes.
Book a free consultation today to know more!!!