Umm Al Quwain Free Zone Company Formation
Umm Al Quwain is situated close to the UAE’s primary sea ports within 45 minutes drive from Dubai International Airport and Sharjah International Airport, UAQ FTZ location positions any business within easy access.
UAQ FTZ offers flexibility and ease of doing business, customer friendly approach, investor- friendly climate, growth opportunities, cost effective leasing options for office space, land and warehousing.
Key benefits of being located in Umm Al Quwain
- 0% corporate and personal income tax
- 100% foreign ownership
- 100% capital repatriation
- Option for FZE, FZC, branches, subsidiaries, representative office
- Permitted up to 50 share holders
- Full range of business activities
- No currency restrictions
- 100% export and import tax exemption within the free zone
- Simple and fast registration process with excellent customer support
- Hi-tech facilities including office, warehouse and land availability
- Ideal location for SMEs and micro business
- Close to two international airports and major sea ports
- Special concessions at UAQ’s sea port
- No restrictions on hiring foreign employees
- Modern and investor- friendly rules and regulations
Best Advantages of Umm Al Quwain free zone favoring Businesses
Umm Al Quwain is a suitable location for SME’s, Micro Businesses and Conglomerates to do a secure and safe business in a free trade zone environment. It is an attractive place appropriate for effective investment. However, the Umm Al Quwain free zone company formation with the assistance of professional services ensures the licensing and registration process is easy and quick.
Why Umm Al Quwain free zone?
There are investment incentives favorable at Umm Al Quwain such as 0% personal and corporate tax, foreign ownership 100%, no investment restriction, no exchange control in any sector. There is openness with international investors.
There is a transparent, sound and modern framework in the legal process, the costs of living and the labor is low, the investment climate is open, besides it is easy to access partners in trading in Africa, the Middle East, and Asia.
Attractive points of Umm Al Quwain
- Umm Al Quwain is a gainful business free zone located at the proximity of the Umm Al Quwain seaport.
- This free zone takes an hour from the International airports, Dubai and Sharjah.
- It is ideal for setting up business and trading in the UAE.
- UAQ free zone is a strategic geographical location offering perks and opportunities in lots that it is suitable for emerging entrepreneurs and young business enthusiasts.
- The UAQ free zone is supported by the government of Umm Al Quwain that authorizes trade license for incorporating companies.
- Having a business in this free zone means you have the convenience of easy access to the world and this is owing to transportation facilities.
Advantages of setting up a business in Umm Al Quwain
Setting up a business has its advantages. Company formation in Umm Al Quwain free zone
provides business perks such as:
- The easy and quick registration process and incorporation
- Exemption totally from personal and corporate
- Investor friendly rules and regulations
- Liberty to engage foreign employees for work
- Flexible rules in UAQ for the registration of a company and easy process of registration
- Retention of profits and capital earned to 100%
- No minimum capital required for companies to start
- Seaport authorities provide at Umm AL Quwain concession to the trading companies
- User-friendly leasing option and foreign ownership to 100% is allowed
- Supportive government for the business activities, this favors the micro-businesses and SMEs.
- Employees can join a company without depositing their visas with the immigration department.
Regardless of whether you already have a business setup here or are new, it is valuable to hire professional services so that the business activities are smooth.