UMM AL QUWAIN

Umm Al Quwain free zone

Umm Al Quwain Free Trade Zone is located in the Emirate of Umm Al Quwain, and it is just 45 km away from Dubai. Umm Al Quwain Free Zone has been reputed for being friendly, progressive and being situated in a prosperous emirate with modern infrastructure it is best suited for business. Umm Al Quwain Free Zone or UAQ Free Zone is located close to the UAE’s primary seaports and Dubai International Airport and Sharjah International Airport are just an hour’s drive away.

UAQ Free Zone authority is an autonomous arm of the government of Umm Al Quwain emirate which is the competent authority that incorporates business companies with various licenses. Umm Al Quwain Free Zone companies have the same legal status as other companies registered in the UAE. UAQ Free Zone companies are engaged in international trade and have all the means to export and keep their goods as stocks without payment of customs duties. UAQ Free Zone companies can conduct business internationally without any restriction.

Advantages offered to companies in UAQ Free Zone

  • 100% tax exemptions on operations.
  • Complete company ownership
  • Complete repatriation of capital and profits
  • No restrictions on employing foreign employees
  • No fixed share capital requirements
  • 100% tax exemption on import and export within the Free Zone
  • Complete range of business activities are allowed
  • Registration process is simple and quick
  • Availability of office complexes, warehouse and land
  • Special concessions for UAQ free zone sea port
  • Rules and regulations are Investor-friendly

Types of Licenses:

There are mainly two types of licenses offered in UAQ Free Zone:

Commercial License: This type of license authorizes the import, export, distribution and storing activities, as specified in the license.

General Trading License: This type of license allows the licensee company to conduct a wider range of trade activities and entitles it to do trade in any commodity permitted within the U.A.E. This is the most popular trading license that international traders opt for because of its coverage of almost all categories of products except for tobacco, alcohol, pharmaceuticals and crude oil.

Documents required

  • A copy of the passport of the applicant
  • Address Proof
  • Approval of the intended business activity
  • 3 names to be nominated as representatives
  • Memorandum and Articles of association

How to Set Up a Company in Dubai

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