Oil & Gas Services in the UAE

Key points

For most clients, aDDED processes most licences within 2 to 5 working days. Day to day, popular districts for a the UAE mainland office include Al Reem Island, Khalifa City, Mussafah, Al Maryah Island and Corniche, each with different rent levels and customer footfall. Businesses that benefit most from the UAE mainland licensing include oil and gas services, contracting, engineering, healthcare and education, because they serve customers on site across the emirate.

Step by step

1. 
   Step 1

   Activity and legal form

   From day one, we select the correct activity codes from the Abu Dhabi Department of Economic Development (ADDED) list and the legal form, in most cases a LLC or a sole establishment.

2. 
   Step 2

   Trade name and initial approval

   Your trade name is reserved and initial approval secured from the Abu Dhabi Department of Economic Development (ADDED), together with any external approvals the activity requires. Expect clear updates from your GoldenKey consultant while this step runs for starting an oil and gas services company in the UAE.

3. 
   Step 3

   Office, MOA and submission

   From day one, you sign the memorandum of association before the notary or online, we register your tenancy contract and submit the full file.

4. 
   Step 4

   Licence, Chamber and immigration

   Day to day, with the licence in hand we register with the Chamber of Commerce and open the immigration and MOHRE files for your visas. For starting an oil and gas services company in the UAE this step rarely needs your presence; scans and e-signatures are enough.

Documents required

Here is what you will need for starting an oil and gas services company in the UAE; GoldenKey checks every item before submission.

• Your current residence visa and Emirates ID copy if you are a UAE resident
• Proof of address such as a utility bill or bank statement, requested by some zones
• A short business plan or activity description for certain professional activities
• A clear passport copy for each shareholder and manager, valid for at least six months
• Attested parent-company documents and a board resolution if the shareholder is a company
• The UAE entry stamp or visa page if you are already in the country

Pricing

Crucially, all prices for starting an oil and gas services company in the UAE are indicative, shown in AED and confirmed in writing before any payment. In short, the figures below for starting an oil and gas services company in the UAE are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.

Where to license oil & gas services

Serving ADNOC and other operators requires supplier registration and often an In-Country Value score, which favours Abu Dhabi mainland entities. Equipment traders can work from Jebel Ali or Hamriyah free zones.

JAFZAJebel Ali — the world's largest free zone and gateway to g…RAKEZRAK's all-in-one economic zone — business, industrial and …SAIF ZoneSharjah's industrial free zone — warehousing, logistics an…Abu Dhabi mainlandThe capital — government contracts, energy supply chains a…

Examples of this activity

• Equipment supply
• Inspection services
• Engineering support
• Chemicals trading

Oil & Gas Services guides by nationality

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Why the UAE

The UAE's reputation as a trading hub means international clients and suppliers already trust a UAE licence, which shortens sales cycles for starting an oil and gas services company in the UAE. There are no restrictions on repatriating profits or capital, so earnings from starting an oil and gas services company in the UAE can be moved to your home country or reinvested freely.

Why GoldenKey

On the ground, our quotations for starting an oil and gas services company in the UAE list every government fee and our service fee on one page, in writing, before any payment anything. GoldenKey is based in Ajman Free Zone and has helped business owners from more than 60 countries with starting an oil and gas services company in the UAE, so the paperwork, approvals and timing hold no surprises for us. Day to day, most of our the UAE customers come to us through referrals from other founders, which is why we take pride in keeping every promise we put in writing.

Frequently asked questions