Business Setup in ZonesCorp, UAE
The Abu Dhabi government established ZonesCorp in 2004 as an industrial development organization to encourage direct foreign investment in the emirate.
ZonesCorp governs two economic zones: the Industrial City of Abu Dhabi, and Al Ain Industrial City. Though not a free zone (51% of UAE shareholding is required), ZoneCorp attracts an impressive number of investors seeking international company formation across a range of industries. In fact, companies registered in ZonesCorp’s zones create nearly 50% of Abu Dhabi’s manufacturing GDP.
ZonesCorp operates a business cluster model that pairs complementary industries to enhance efficiency, which is a key reason why many businesses choose ZoneCorp’s economic zones for their company set up in UAE.