Company formation in UAQ ,UAE

The strategic location of Umm Al Quwain (UAQ) free trade zone makes it easily accessible to both Dubai and Sharjah. This advantage makes UAQ a preferred destination for global businesses that want to build a successful presence here in the UAE. The industry focused and investment friendly outlook provided by the emirate and its government means quick licensing procurement and tremendous ease of carrying out business. This is a definite plus point for entrepreneurs and international businesses who want a seamless and streamlined approach to company formation in UAQ free trade zone.

It provides the ideal infrastructure and facilities that help SMEs and established enterprises to invest in a profitable center at UAQ free trade zone. Be it 100% repatriation of capital and profits, zero investment restrictions, or availability of skilled labor at nominal costs, many advantages work in favor of UAQ free trade zone.

Benefits of forming free zone companies in UAQ free zone

UAQ free zone makes it easy to obtain the necessary licenses as per your line of business and register your business in quick time. Some of the key advantages that make UAQ free trade zone a preferred investment destination include-

• 100% foreign ownership and 100% repatriation of capital and profits are possible in UAQ free zone.
• No investment restrictions in any sector.
• 0% personal and corporate tax.
• No visa deposit needed by employees and staff of your company.
• Zero restrictions on hiring foreign employees.
• Simple and streamlined registration process to enhance convenience.
• Special concession through Umm Al Quwain free zone sea port.
• World class facilities and infrastructure with total connectivity and 24 x 7 security
• Facilities like warehouses, pre-built structures, and office space available as per your exclusive needs.
• Total support extended by government, especially to SMEs and startups.

Types of licenses available

• General Trading License .
• Commercial license.
• Consultancy License.
• Industrial License.
• Freelance permits.

Types of legal entities

Procedure to set up the company

UAQ Free Trade Zone company formation is made easy through short approval times, and low waiting periods. In case you are looking for quick set up then UAQ FTZ will be an ideal choice. Here are the key steps to follow –

• Assess the correct license type. You can pick one from general trading license, commercial license, consultancy license, industrial license, or freelance permits for setting up business in Umm Al Quwain.
• Determine the name of the company and lock it with the UAQ Free Zone authorities.
• Determine the type of business entity. In case you are a sole proprietor you can go for an FZE formation for a single shareholder. For more than one shareholder, the entity can opt for FZC formation in UAQ. In case you want to set up a branch of an existing company, this too is possible in UAQ.
• Apply for the company registration process, licensing, and commence with arranging for visas for business owner(s)/ business manager.

Once you obtain your license, you are free to commence with business operations in UAQ Free Trade Zone

Why EBS?

EBS provides personalized consultancy and in-depth service to remove all barriers to your company formation in UAQ free zone. Our customer support and management services make certain that you need not divert your energies to the pre-approval or documentation process, as you can leave these elaborate processes to us. We have the knowledge and expertise to collaborate with the right set of authorities at the right time, to fast track your business registration and license procurement process. Be it assisting with visas, providing accommodation assistance to staff in Umm Al Quwain, opening a bank account, initiating bookkeeping, taxation and accounting procedures as per local laws, document attestation, or finalising a suitable office space within the free zone, you can trust us at EBS to handle these complex activities and bring them to a successful conclusion.

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