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Masdar City was established in 2006, 6 kilometers away from the emirate of Abu Dhabi, close to the Abu Dhabi International Airport. The word Masdar is an Arabic which means ‘The Source’, which is the right word for the place as 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 area energy-efficient. It is an emerging global hub for clean technologies and renewable energy that is totally depended on renewable energy.

Masdar City has 4 important components which focus on four different aspects:

  • Masdar Power is in charge of the power project of Masdar City and other projects in UK and Seychelles
  • Masdar Institute of Science and Technologies is a non-profit making educational institute which focuses on alternative energy sources
  • Masdar Carbon is focused on clean development mechanism projects and carbon capture and storage
  • Masdar Venture Capital is an investment which targets on creating clean energy and environmental services

Advantages of Setting up a Business in Masdar City Free Zone

Many global players that have their hands in the energy generating business have already recognized the benefits of the unique environment Masdar City provides, like:

  • The freedom of complete foreign ownership and no partnership in the UAE
  • Total exemption from corporate and personal income taxes
  • No import tariffs
  • Quick and easy set-up of business in Abu Dhabi Free Zone
  • Freedom of retaining both capital and profits
  • Availability of one of the world’s most beautiful, sustainable living and working business clusters
  • Connecting point to local, regional and international markets
  • Research & development hub partnering with Masdar Institute of Technology
  • Availability of the most cost-effective licensing and office space
  • Abu Dhabi International Airport, Khalifa City, and YAS Island are just 40 minutes away from Dubai
  • World-class facilities and state-of-the-art infrastructure for tech companies

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