Umm Al Quwain Free Trade Zone

Umm Al Quwain Free Trade Zone

DOING BUSINESS IN UMM AL QUWAIN FREE TRADE ZONE

Umm Al Quwain Free Trade Zone (UAQ FTZ)

  1. Umm Al Quwain Free Zone company registration is an excellent alternative corporate structure to Dubai free zone company formation, with fast incorporation procedures and a wide choice of office and warehouse facilities;
  2. Our Client can register a company in Umm Al Quwain Free Zone within 1 week with i) one director and one shareholder of any nationality and ii) no paid up share capital. However, a lease agreement for office premises is required before company registration is set up. An estimate of a Premium Office eligible for 2 employee visas amounts to US$4,500 per annum payable to the Government;
  3. If our Client decides to incorporate with an individual shareholder, no attestation will be required. Moreover, this free zone accepts English, Arabic, Russian and Hindi corporate documents thus no official translations will be required;
  4. The licenses allowed in this free zone are i) Commercial ii) General Trading iii) Consultancy, iv) Service license. The service license is suitable for logistics companies, courier services, Insurance service provider, travel agency, tour services, car rentals, etc;
  5. Umm Al Quwain Free Trade Zone is located in Umm Al Quwain, an UAE emirate situated just 45km away from Dubai, 1 hour drive from Dubai International Airport and Sharjah International Airport and near the major sea ports;
  6. Some of the major benefits of this UAE free zone are i) 0% corporate and personal tax, ii) 100% foreign ownership is allowed, iii) 100% repatriation of capital and profits, iv) no currency restrictions, v) 100% import and export tax exemption within the free zone;
  7. Umm Al Quwain Free Zone also allows freelancers to obtain permits to work within this free zone;
  8. Umm Al Quwain Free Zone is willing to incorporate companies and obtain visas for our Iranian Clients provided the UAE Government Security check is cleared (CID);
  9. Healy Consultants assists our Clients to obtain UAE residence and employment visas. Kindly visit our migration and relocations services webpage (click here) for further information;

Healy Consultants’ fees

The average Umm Al Quwain Free Zone engagement cost amounts to US$19,270 and includes i) UAQ company incorporation, ii) free zone office rental payable to UAQ authority, iii) estimated license fees and iv) bank account opening fees. I recommend you carefully read the notes to the invoice to identify additional services your Firm might need.

Contact us

For additional information on our incorporation services in Umm Al Quwain free trade zones, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi