Opening LLC, bank accounts, and residence visas in UAE! Increase the profit of your business by 50%!
Umm Al Quwain is one of the seven emirates of the UAE and is the popular location for company formation. It is the least populated region with only about 72,000 people inhabiting it. It is home to numerous tourist sites such as the Old Harbour and Umm Al Quwain fort as well as Umm Al Quwain Free Trade Zone (UAQFTZ). The emirate of Umm Al Quwain is conveniently located (only 45 km from Dubai), has developed infrastructure and stable economy. In case you’ve been looking for a place to launch a tax-free company at a competitive price, Umm Al Quwain Free Zone is the right choice for you. Umm Al Quwain Free Zone License cost is highly accessible for any business.
Umm Al Quwain Free Zone company formation has some benefits. The tax-free environment of the UAE is truly facilitating for any business. Umm Al Quwain Free Zone fees are lower than in another free trade zone. Launching a company in Umm Al Quwain Free Zone makes you eligible for obtaining a residence visa for yourself and your family member.
Apart from 100% foreign ownership and free transfer of funds, the main advantages of Umm Al Quwain Free Trade Zone include:
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Umm Al Quwain Free Zone license fees |
license cost depends on the type of Umm Al Quwain Free Zone company activities type |
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Residence visa |
Available |
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Taxation |
No personal income and corporate tax, no tax on import and export VAT of 5% is applicable to activities inside the UAE |
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Time required to complete registration of a UAQ company |
From 2 working days |
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Confidentiality and data protection |
100% data protection |
If you compare Umm Al Quwain Free Zone cost with the costs of license in other free trade zones, you’ll see that it is highly affordable. There are a great number of facilities available on the territory of Umm Al Quwain Free Trade Zone – offices and warehouses of any size and kind as well as UAQ virtual office. Umm Al Quwain, Free Zone Authority, is located on the first floor of Al Shmookh Business Centre. UAQ Free Trade Zone offers companies great opportunities for further development. It is very customer-oriented and flexible. It promotes the right investment climate for Umm Al Quwain Free Zone company formation.
No wonder that so many progressive companies around the world are making their choice in favour of Umm Al Quwain Free Zone. Umm Al Quwain means safe environment enabling any commercial activity. Umm Al Quwain Free Zone license fees depend on the kind of license you’re trying to obtain. The procedures for submitting the documentation necessary for registration are clear and understandable.
There are accounting requirements for legal entities operating in Umm Al Quwain Free Zone. Means after completion of the company formation it is necessary to keep all accounting records in place and file annual audit reports. At least one director is necessary for Umm Al Quwain Free Zone companies. UAQ Free Zone cost is affordable. The work of the free zone is regulated by the Umm Al Quwain Free Trade Zone Authority. No matter if you are developing a startup project or looking for a way to expand your business, Umm Al Quwain is the right option for you. Your business will benefit from this choice.
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