Umm Al Quwain is the least populous and the second smallest emirate of the United Arab Emirates. The Emirate is well-known for its unique landscape and is a popular holiday destination. This thriving Emirate is an excellent location for micro-businesses as well as SMEs. Business setup in Umm Al Quwain (UAQ) region is hassle-free and highly profitable. The region has lot to offer for young entrepreneurs who want to develop their businesses and making an impact in the society. Because of the low cost of living and availability of resources, Umm Al Quwain is a perfect place for business setup in the UAE. Some of the benefits of setting up a company in Umm Al Quwain (UAQ) include full foreign ownership, 100% repatriation of capital and profits, zero corporate and personal tax, No visa deposit for employees and staff, world-class infrastructure facilities etc.
Business Setup in Umm Al Quwain Free Zone – UAQ
As a free zone, Umm Al Quwain FTZ is a very investor-friendly and progressive area. It is primarily established for SMEs and micro-businesses. Those who trade or engaged with any business in the Umm Al Quwain Free Zone will benefit from profitable set-up costs, 100% company ownership zero currency restrictions. The Umm Al Quwain Free Zone is located just 45 minutes from Dubai International Airport. Umm Al Quwain Free Zone is located close to the primary seaports of the UAE. Dubai International Airport and Sharjah International Airport are not far from the Umm Al Quwain Free Zone, thus providing easy access to other parts of the world within an hour for those doing business in the free zone.
Umm Al Quwain Free Zone is a free trade zone
The United Arab Emirates Free Trade Zone Authority (UAQ FTZ) does a lot for local/international investors. It primarily offers an efficient registration process for those who want to establish and/or operate their business within the Free Trade Zone. Since then it has been industry/business friendly and supportive in all aspects. Businesses looking for space to grow and make their own reputation in the Umm Al Quwain Free Zone area are attracted to the UAE government’s secure and promising free trade zone. With better infrastructure and reliable services than you expect, registering a company is quick and easy.
Umm Al Quwain gives exclusive domestic/foreign investors who own a company/industry/trading/business in the free zone sector the exclusive right to control and operate the zone for 99 years. Umm Al Quwain Free Zone maintains a friendly approach that brings wealth and happiness to any local/foreigner interested in business in the Free Zone. Let’s see what they have to offer! They are: Single Window Services - Favorable Tax System - Infrastructure Development - Advanced Technology Solutions for your operations.
VAT registration, customs license (import & export), tax number, business registration, property ownership and lease agreement. Setting up an office in Umm Al Quwain Free Zone is relatively simple than anywhere else. The UAE is an open economy with unrestricted foreign investment that offers incredible returns, and the government here is committed to creating an environment conducive to the growth of all forms of domestic/foreign investment.
Umm Al Quwain Free Trade Zone is a free trade zone located in Umm Al Quwain, one of the seven emirates of the UAE, about 45 kilometers away from Dubai. Any company/trading/industry/businessmen (male/female) investing in domestic/foreign can see and evaluate the Umm Al Quwain Free Trade Zone with little surprise. UAE covering an area of 23,000 hectares, it is the first and largest free trade zone in the UAE. In addition to the total 208 registered companies with 60% Emirati capital, there are many other companies from many countries around the world.
It has gained worldwide attention as one of the most developed free zones in the UAE. Umm Al Quwain is a member of the Dubai World Free Zones, a consortium of leading trading partners in the UAE, and the company/industry/trading/business behind the acquisition of the status is a unique link between trade, agriculture and resorts, offering a variety of incentives and investment opportunities.
The purpose of establishing the Umm Al Quwain Free Trade Zone (UAQ FTZ) is to provide a business environment that is extremely friendly and responsive challenges posed by global trade rebelization.UAQ FTZ offers reliable services in a favorable business environment.Umm Al Quwain Free Trade Zone is a world class, business-friendly, generous government enterprise that welcomes domestic/foreign investors.
This (UAQ) offers great opportunity for companies, investors and potential developers to do business in the UAE. This free zone is very special and it is one of the leading free zones in the world with many free zones under its umbrella. This free zone is well connected by a net work of high ways and modern seaport facilities and is a central location situated at a distance of 45 km from Dubai.