KIZAD - new business opportunities

On 15 April 2019 I attended KIZAD Channel Partners Summit. KIZAD (Khalifa Industrial Zone Abu Dhabi) is a free zone adjacent to Khalifa Port, Abu Dhabi located 45 minutes away from Dubai. The new business packages were discussed with the representatives of KIZAD. These are the new packages offered to entrepreneurs who wish to set up a new company in KIZAD:

Package for 1  visa: AED11,000

Package for 2 visas: AED13,000

Package for 3 visas: AED15,000

Package for 4 visas: AED17,000

Package includes:

·       Initial Approval

·       New Lease

·       Registration Fee

·       Establishment Card

·       Free wifi & internet

·       Access to telephone and fax services

It should be noted, that the visas provided are Abu Dhabi employment visas rather than investors  visas. As of today, the bank account shall be opened prior to applying for visa which is a serious impediment. Family sponsorship would require attested tenancy contract to residential property for the family in Abu Dhabi.