Starting a business in Abu Dhabi can be a great decision for any commercial entity.Abu Dhabi is one of the most advanced Emirates and has an excellent infrastructure for supporting all kinds of businesses. A mainland company formation in Abu Dhabi is a great choice for entrepreneurs and investors from all around the world. There are many added advantages to benefit from when you register your company, such as longer trade license validity, easy and fast renewals, costs, and payment cuts, and much fewer taxes to pay.

Our experts will go through the formation process, covering all needed steps, including local sponsorship, DED registration, business address verification, needed approvals, notarized MOA, suitable office spaces, and all other needed steps, till we successfully register your company and issue the right license.

Supreme Petroleum Council Approval in Abu Dhabi

What is the Supreme Petroleum Council (SPC) Approval ?

SPC (Supreme Petroleum Council) approval authorises a company with the activity of “Onshore and Offshore Oil & Gas Field & Facilities Services” and is required when a company would like to work with ADNOC or any company attributed to ADNOC. The Supreme Petroleum Council was established under law No. (1) of the year 1988 and is responsible for structuring and regulating petroleum related policies, objectives and activities in Abu Dhabi. The Council also functions as the ADNOC Board of Directors and is responsible for the business’ strategy and financial performance.

Why do you need ADNOC / SPC Approval ?

Companies looking to deal directly with any companies related to the Oil and Gas sector in Abu Dhabi require SPC Approval on their trade license. SPC approval is mandatory for all companies dealing with Oil and Gas (ADNOC) companies operating in Abu Dhabi, regardless of the main activities they are trading with. This approval is compulsory to issue CICPA (Critical Infrastructure & Coastal Protection Authority) security passes [add link https://www.propartnergroup.com/locations/abu-dhabi/cicpa-passes] which provides access oil field and critical infrastructure sites.

Who requires SPC Approval ?

Any company looking to work with ADNOC either directly or with any of the attributed companies in the Oil & Gas sector in Abu Dhabi require SPC approval. SPC approval is mandatory on the trade licence for the company to apply for ADNOC Vendor Registration and to apply for tenders and/or succeed in gaining work from ADNOC or their attributed companies.

Who can apply for ADNOC / SPC ?

Any company can apply for ADNOC / SPC approval, however, there are strict guidelines of who will actually be granted with this special activity. A company who wishes to apply will need to be an Onshore LLC, with a 51% SPC approved local partner, or a Foreign Branch with an SPC approved National Service Agent (NSA).

Some Dual Licences and Freezone Branches can obtain the SPC activity on the Trade Licence, but restrictions and special requirements apply. It is advised to set up as an Onshore Abu Dhabi Company or Foreign Branch to ensure your eligibility to work with ADNOC.

Advantages of Setting Up a Business in Dubai

Prime Location

Direct access to Jebel Ali Sea Port, the biggest airport in the region, and the Al Maktoum Airport, which is set to become the world’s largest airport upon completion.

Business-friendly Policies

100% Foreign Company Ownership, No restrictions on capital repatriation, No currency restrictions, No personal income tax, Flexible commercial lease terms.

Diverse Business Options

Dubai South comprises seven districts where you can choose to put up your business – Residential District, Commercial District, Logistics District, Aviation District, Humanitarian District, Golf District, and Dubai South Exhibition City.

Steps in Setting Up a Business in Under Dubai Mainland License

Choose your Business

Register the Company

Apply for Trade License

Get an Office Space

Prepare the Documents

Collect the License