Free zone is a particular geographical area in the emirate where 100% foreign ownership is allowed. Free zones do not require partnership with a UAE citizen or with a local service agent.
Masdar City Free Zone is a part of an eco-project, Masdar City, which is very well-known even outside of the UAE. Masdar Free Zone is based in a close proximity to Abu Dhabi International Airport and 17 km away from the city center.
Masdar City Free Zone was founded in 2006. The eco-project itself, Masdar City, is aimed at the introduction of the widespread use of renewable energy and environmental technology in the industry. Masdar City has four integrated units through which it operates. This also includes an Independent Research Institute. The goal of Masdar City is to turn renewable energy into real and viable business and for Abu Dhabi to become a global center of excellence in the field of renewable energy and clean technologies.
Masdar City is a subsidiary of Mubadala Development Company, which is a wholly owned investment vehicle of the government of Abu Dhabi.
Annually Masdar Free Zone receives more than 500 international delegations from governments, business community members and scholars.
Masdar City Free Zone offers a wide range of options for lease which include various types of offices and workstations.
minimum share capital requirement is AED 50,000 or USD 13,698.
1 year only, as in any other emirate, after which the license needs to be renewed.
Masdar City Free Zone requires that member companies submit annual audit reports.
Company’s license should be renewed prior to its expiration to avoid late renewal penalties.
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