The KIZAD (Khalifa Industrial Zone Free Zone) is a project by the Abu Dhabi government which envisions to revolutionize the industrial sector in Abu Dhabi. The Khalifa Industrial Zone Free Zone (KIZAD) project took form in November 2010 and began its operations by September 2012. The Abu Dhabi government set up this industrial park on a greenfield site in Taweelah. The aim of setting the industrial park was to accomplish economic diversification by 2030. The crucial factors of this park attracting foreign investors are the geographical location and low operating costs.
KIZAD is spread across a 417 square-kilometre area, which is located between Abu Dhabi and Dubai. It is divided into two areas, Area A and Area B. Area A focuses on business people in the industrial sector, while Area B is much into commerce-based companies. In KIZAD, both free zone based and non-free zone-based companies are provided with freedom of operations. The free zone companies are registered under the Abu Dhabi Free Zone Authority’s regulations, and non-free zone companies are under the Abu Dhabi Companies Act.
As with all other free zones, KIZAD also has its advantages for a business setup
KIZAD took shape with the primary goal of attracting foreign investors. This free zone is one of the best spots if you intend to start your industry or business. Blackswan Business Setup can help you by handling the company formation process. We assist our clients in entering the booming economy. We take care of all the banking, legal, and immigration formalities. We also ensure our clients with low-cost and hassle-free company registration in KIZAD. To begin your business in KIZAD, do contact us.