Umm Al Quwain free zone, formed in the year 2014, is often regarded as the ‘free zone of the future’. The stable economy, open investment climate and low costs of living and labour are factors that have made UAQ free zone eligible for the tag, in such a short span of time.
Benefits of Setting up a Company in Umm Al Quwain
100% repatriation of capital and profits
100% direct tax-free
No restrictions on hiring foreign employees
No share Capital Requirements
Cost-effective leasing options
Widest range of activities
The free zone provides easy access to the seaports in UAE as well as the international airports of Dubai and Sharjah. It is the strategic location of the free zone that makes it one of the most sought-after destinations.
Types of License
Getting a license in Umm Al Quwain free zone is not a tough job and license fees are comparatively cheap.
Permits the import, export, distribution and storage of products.
General Trading License
Allows the import/export of any categories of products, excluding tobacco, alcohol, pharmaceuticals and crude oil.
Required for organizations that offer expert or professional advice.
Allows consultancy across various sectors such as Real Estate, Tourism, Oil and Gas engineering, Legal, Financial, Investment, Shipping and Logistics and Aviation.
Micro Business Licence
For entities that do not require a physical office or a visa and is on a low budget.
Issued to talent, creative and selected administrative roles, to people who function in technology, media and film sectors.
For activities that include logistics, courier services, travel agency and car rental.
Types of companies
Free Zone establishment
Free Zone Company
A branch of an existing company
Umm Al Quwain free zone offers one of the cheapest company formations in UAE. AON Consulting will assist you with company registration procedures in Umm Al Quwain, on limited budget and time. You can rely on our professional experts, who have decades of experience in company incorporation process.