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Higher Corporation For Specialized Economic Zones

Higher Corporation For Specialized Economic Zones (ZonesCorp)

prices starting from

Overview

ZonesCorp is a favorable site for investors to pick this area for company formation due to its innovative leadership, alluring government incentives, cutting-edge infrastructure, and a pro-business climate. The Abu Dhabi ZonesCorp serves as a center for several training facilities, so businesses who register here may be sure to acquire qualified team members and personnel.
The free zone has drawn a sizable amount of foreign direct investment and has greatly aided in the development of the Emirate's industrial environment.
More than 600 of the largest and most renowned multinational corporations from a variety of industries call this free zone in Abu Dhabi home.
In order to create industrial cities around Abu Dhabi, the Higher Corporation for Specialized Economic Zones (ZonesCorp) was founded in 2004.
Six first-class industrial zones created by ZonesCorp are responsible for 50% of Abu Dhabi's manufacturing GDP.

One-Stop-Shop (OSS) Program

The One-Stop-Shop (OSS) initiative of ZonesCorp intends to offer all essential services from a single point of contact, including industrial land purchase and other relevant procedures and services.

Types of Entities

Before discussing the several kinds of businesses that may be established in ZonesCorp, Abu Dhabi, it is important to note that, in contrast to other free zones in Abu Dhabi, this one only grants an industrial license. One can start a variety of entities in ZonesCorp, including:
Joint Venture Company
Local Establishment
Branch Office
Public Joint Stock Company
Private Joint Stock Company
Limited Liability Company
Partnership Limited with Shares
Limited Partnership
General Partnership Company

Activities Allowed

Assembling products

Chemicals

Food and beverage

Oil and gas

Construction materials

Engineering and metals

Wood and paper products

Leather and textile products

Fiberglass and plastic products

List of Zones in ZonesCorp

ICAD I

The overall area of this zone, which is 14 sq. km, is appropriate for heavy to medium industrial, processing, and engineering operations. It is close to Abu Dhabi City Center, Abu Dhabi International Airport, and Musafah Sea Port. The total investment amount exceeds AED 6 billion. International standards were followed in the construction of the infrastructure and warehouses. Government agencies are positioned close to one another for a quick and simple company establishment.

ICAD II

Medium to light manufacturing, processing, and engineering activities are best suited for this zone. 11 square kilometers are covered in all. The total investment amount exceeds 11 billion AED. 27 km of roads, 21 km of gas pipe, 21 km of drainage, and 60 km of rainwater piping are all present.

ICAD III

The oil and gas, building materials, woodworking, and engineering sectors all thrive in this region. 12 sq.km are covered in all. Infrastructure and storage facilities have been constructed in accordance with international norms

Al Ain Industrial City- AAIC (I and II)

Located on the eastern borders of the UAE. The cost of infrastructure is 125 million. The total area covered is ten sq. km. It is connected with Abu Dhabi, Dubai, and Sharjah with a network of modern highway

ICAD IV

Located on the west side of Mussafah Industrial City. It will cover a total area of 24 sq. km. The zone is dedicated to technology and light industries. The zone will be specifically consigned to the Logistics Hub Support Services area and linked to the upcoming freight railway network.

ICAD V

It will serve Abu Dhabi's automotive value chain and be devoted to the automobile sector, making it the ideal one-stop shop for goods and services associated with automobiles. It will span 11 square kilometers in total. The cluster seeks to provide an alternative hub for taxis, buses, secondhand vehicles, and rental automobiles parked and exhibited in the city center, which will aid in alleviating the Emirate's parking congestion.

Construction and Building Material Zone

Located in Al Faya. The total area covered will be 34 sq. km. For construction and building industries

Documents required

Feasibility study
Valid lease contract
Land plan
Environment license
Authorized company contract
Valid and approved trade name
Passport copies of the partners
Power of attorney (if available)
The Environment Agency – Abu Dhabi (EAD) technical information
A factory site plan indicating manufacturing and services areas
Document of contract modification registration in the Ministry of Economy
Membership certificate in the Abu Dhabi Chamber of Commerce and Industry
Additional information for environment authority

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