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Company Formation in Umm Al Quwain(UAQ) Free Zone

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Business Setup in Umm Al Quwain

Business Setup in Umm Al Quwain

Umm Al Quwain, situated on the west coast of the United Arab Emirates, is another business destination that provides excellent chances for corporate organizations. It is one of the ideal business destinations to start a business.

Although Umm Al Quwain is one of the less-known Emirates in the United Arab Emirates, it has plenty of commercial opportunities. Both SMEs and big corporations have praised the business-friendly environment at UAQ. It is the ideal location for business setup, especially for SMEs, and new businesses, since it provides a desirable environment for more profitable endeavors.

Umm Al Quwain is regarded as one of the top locations for company setup that is inexpensive, hassle-free, and fast. It develops a vibrant, cozy, and enjoyable working atmosphere. In addition, UAQ allows mainland and free zone business setup.

Umm Al Quwain Mainland Business License

Mainland business setup in Umm Al Quwain allows starting your business under three licenses. They are:

Commercial License: A business license that allows for the distribution, storage, and export of goods and lets you buy and sell things is a commercial license.

Professional License: It allows you to carry out professional services like consultancy, counseling, doctor, or other services.

Industrial License: An industrial license allows you to set up an industrial or manufacturing business in Umm Al Quwain.

Umm Al Quwain Free Zone License

You should obtain a relevant license for setting up a business in Umm Al Quwain free zone. The different types of licenses available in UAQ Free Zones are:

Commercial License: It allows you to import/export, distribute and store products for business.

General Trading License: It allows trading goods and materials authorized by the UAE government. However, other things like explosives need special permission.

Consultancy License: This license is intended for businesses that wish to provide knowledgeable or qualified advice. All professions are granted this form of license.

Premium License: This is an extended form of consultancy license that allows diverse businesses like real estate, legal, financial, oil, and gas, etc

Micro Business License: This license lets you start a small business. Because you won't require a physical office or a visa, this is the least expensive choice for a company license.

Service License: The license is suitable for service providers. Any business that provides service as a solution can apply for this license like delivery, insurance, etc.

Freelance License: Anybody willing to work as a freelancer should possess this license. This license can be obtained by an individual under their name and there is no need for a brand or a company.

    Umm Al Quwain Business Setup – Allowed Entities

    You can choose from different types of business structures for your business setup in Umm Al Quwain. They are:

    • Limited Liability Company
    • Partnership Company
    • Joint Venture
    • Public Joint Stock Company
    • Private Joint Stock Company

    Umm Al Quwain Free Zone License Cost

    Umm Al Quwain free zone company setup cost depends on the type of license you choose. The costs may further vary depending on the number of visas you want. Please contact Gryffin Capitalist for any information related to the company formation costs in Umm AL Quwain Free Zone.

    Documents Required for Company Formation in Umm Al Quwain
    Copy of business plan
    Trading names
    Lease Agreement
    Partnership contract
    Address proof
    Passport copies of the partners 
    Advantages of Umm Al Quwain Free Zone Company Formation
    100% repatriation of profit is possible
    There are no currency restrictions
    100% ownership of your business
    It gives you permission to recruit foreign employees
    Great business opportunities
    Less operational costs
    Supportive system and government
    Good workforce
    Easy business setup procedures
    Our Business Setup Services in Umm Al Quwain
    Business Registration
    Services provided by Public Relations Officers
    Bookkeeping and Accounting
    Tax Advisory
    Registration for Value Added Tax (VAT)
    Establishing a Branch Office in the UAE
    Protection of Intellectual Property

    Top Freezones for Company Incorporation

    Why Choose Gryffin Capitalist?

    Want to start a business in Umm Al Quwain and need clarification on the details and nuances of the business setup process? Worry not; Gryffin Capitalist are here to help you. With 5+ years of experience in setting up businesses across UAE and middle-east, we can address your pain points and provide quick business setup procedures. Contact us today.

    Quality Professionalism

    High Confidentiality

    Strong belief in long-term client relationships

    Competitive Market Pricing

    Global Footprint

    Efficient and Transparent Process

    Frequently Asked Questions (FAQs)

    Yes, UAQ allows business owners to enjoy 100% ownership.

    Yes, UAQ Free Trade Zone is one of the newly established free zones. It was established in the year 2014.

    No, it is not required to be physically present to acquire a free zone license.

    No, UAQ allows business owners to start their ventures much more cheaply. The price starts from AED 8,000.

    Yes, Umm Al Quwain allows professionals to do freelancing. For which you need a freelance license.