Masdar City Freezone
Masdar City was established in 2006, 6 kilometres away from the emirate of Abu Dhabi, close to the Abu Dhabi International Airport. It is a project by Abu Dhabi Future Energy Company (a subsidiary concern of Mubadala Development Company) and is supported by the government of Abu Dhabi to make the area energy-efficient. It is an emerging global hub for clean technologies and renewable energy that is totally dependent on renewable energy. Its mission is to invest, incubate and establish a commercially feasible new-energy industry and cleantech hub in Abu Dhabi as well as around the globe.
Masdar City is an emerging global hub for companies focusing mainly on clean technologies and renewable energy and an economic free zone that offers a hassle-free company set up with a host of advantages to the investors.
It has the most efficient and business-friendly policies and top-notch research facilities in order to make Abu Dhabi the global hub for renewable energy.Masdar City offers quick and cost-effective company registrations and mainly 3 legal entity types -
- Free zone Limited Liability Company (LLC)
- Branch of a Foreign Offshore Company
- Branch of a UAE-based Company
Masdar also has their own independent research university, the Masdar Institute of Science and Technology and it plays a vital role in helping Abu Dhabi to expand its economy beyond the production of oil. There are mainly three business units under the Masdar company:
- Masdar City
- Masdar Capital
- Masdar Clean Energy
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