Higher Corporation for Specialized Economic Zones (ZonesCorp)

Launched in 2004, Higher Corporation for Specialized Economic Zones aims to develop the industrial cities positioned throughout Abu Dhabi. It has developed 6 top-class industrial zones that now account for half of the manufacturing GDP of Abu Dhabi. Zones Corp is near Jebel Ali Airport and Abu Dhabi Airport. This location is suitable for industries and thus invites investors from different parts of the world.

The free zone is ideal for small to large manufacturing processes, chemical processes, engineering activities, and many more. Currently, Higher Corporation for Specialized Economic Zones is the centre for various training hubs and hence companies can assure to get trained and skilled staff.

Benefits of business set-up in Higher Corporation for Specialized Economic Zones

• Offer high incentives from the government
• Full return on capital and profits
• Excellent investment opportunities offered to clients
• Pro-business environment and world-class infrastructure
• Cluster-based zoning model enables the companies to get deriving synergy benefits
• Effortless and rapid labor procedures
• 0% of charges on import of raw materials and machinery

Types of legal entities allowed in Higher Corporation for Specialized Economic Zones

• General Partnership Company: It is a kind of business arrangement in which two or more people agree to share in all business activities and profits.
• Partnership Limited with shares: It is a fusion between a limited liability company and a partnership.
• Public Joint Stock Company: It is a legal entity that has share capital distributed into shares of equal nominal value.
• Private Joint Stock Company: It refers to the organization or firm whose capital is distributed into traversable shares of equal value.
• Branch: It is a dependable company that works under its parent company.
• Joint Venture Company: It refers to the company taking advantage of the combined resources from both organizations and accomplishes the objective of the venture.

Types of business license Higher Corporation for Specialized Economic Zones

• Oil and Gas Service: It is issued for the manufacturer, retailers, distributors, and transporters providing oil and gas service.
• Leather and Textile Products License: The industries manufacturing or transporting leather and textile products get issued with this license.
• Fiberglass and plastic products: The companies working in plastic, fiberglass, wall coverings, decorative artwork, tileboard, and many more require this license.
• Construction materials: It is approved for the companies undertaking construction work.

Whether you are into infrastructure development or plastic manufacturer, we can help you with business set up in Higher Corporation for Specialized Economic Zones. We understand the legal laws in UAE and provide complete assistance in setting up a company in Abu Dhabi free zone that best suits your business and get higher profits. You can speak to our customer executives and we will assist in you every manner for the company setup in Abu Dhabi