Um Al Quwain free zone embarked on its journey in 2014 and much inexpensive free zones with all features provided by similar free zones. The free zone offers Micro Businesses facility for the new start up companies. The Um Al Quwain free zone witnessed vast industrial developments recently that the location of the business strategically becoming prominent and considered as promising zone in UAE.
Inexpensive visa services and banking services are outstanding features of the zone. It is very popular among foreign investors because of its fastest company setup procedures, flexible systems, formalities and several packages to suit their business needs and budgets. UAQ license issues within 2-3 business days. Establishment cards and visas are released faster than in other free zones. More and more business ventures are choosing this free zone since it is dedicated to encourage foreign investment with the highlight of company registration without a visit. A natural person can fill up the application and courier to the zone to fix the process of company formation.
However, the free zone is located in the north, it has an exclusive provision of receiving and delivering required documents worldwide and that it becomes widely acceptable to do any sort of business. Like other free zone companies, Umm Al Quwain Free Zone company can be owned 100% by the foreign owners- a company or individuals, it is tax-free and can import into Free Zone duty-free through one window operation. By using the service right of a local trader Umm Al Quwain Free Zone Company can sell goods in the local markets by using the services of a local trader.
Setup Business in Um Al Quwain Free Zone Today!!
Danburite comprises of dedicated professionals having expertise across a wide range of business needs. We abide by strong ethics, thereby adding value to our client business and give our constant pursuit for customer service quality excellence for fastest company setup in Umm Al Quwain Free Zone. We accentuate on maximum communication to ensure clear-cut apprehension of issues and areas of concern and consider their feedback extremely valuable.
Types Of Licenses In Umm Al Quwain
Umm Al Quwain free zone authority provides 6 license options to expatriate investors and entrepreneurs looking to set up a business in its jurisdiction. Here’s the list.
- Commercial license
- General Trading license
- Consultancy license
- Service license
- Industrial license
- Freelance permit
Cost Of Company Setup In Umm Al Quwain Free Zone
Company formation cost in Umm Al Quwain free trade zone is easy on the pocket. However, what you end up paying depends on the business activities, licenses and other factors.
License Cost
Umm Al Quwain free zone license cost varies as per the package you opt for. Populated below is a detailed list of license costs with visa eligibility.
Package | Visa Eligibility | Fee |
---|---|---|
Start up Package( Investor Only) | 1 | AED 13,500 |
Micro business license(No facility) | 0 | AED 13,500 |
Smart Business license | 1 | AED 16,500 |
Regular Trading/ Consultancy License | 2 | AED 20,500 |
Premium Consultancy License | 3 | AED 32,500 |
General Trading License | 3 | AED 27,500 |
Type Of Facility
Umm Al Quwain free zone steals a march over other jurisdictions with a set of excellent facilities for every requirement and budget. Here’s a brief description.
Facility | Visa Eligibility |
---|---|
Flexi Desk for Micro | 0 Visa |
Flexi Desk for START-UP Package | 1 Visa( Investor Only) |
Flexi Desk for Trading/ Consultancy | 2 Visa |
Flexi Desk for Premium/ General Trading | 3 Visa |
Umm Al Quwain Free Zone Visa Costs
The visa costs inUmm Al Quwain free zone are comparable to other free zones across the UAE. Have a look at what you need to pay for visa processing.
Investor Visa (3 Years) | AED 2500 |
Employment Visa (2 Years) | AED 2200 |
Visa Change status | AED 1,200 |
Medical and Emirates ID | AED 1,240 |
Umm Al Quwain Free Zone Company Setup Requirement
For company formation approval in Umm Al Quwain free zone,you need to compile and submit the below mentioned documents at Umm Al Quwain free zone authority.
Required Documents | Branch | FZE/FZC | Remarks |
---|---|---|---|
Application Form | Required | Required | To be filled |
Passport copy of Shareholders/ Directors | Not Required | Required | Clear color copy |
Passport copy of Manager | Required | Required | Clear color copy |
Proof of address of shareholder | Not Required | Required | Any address proof (Utility bill, bank statement, etc) |
Proof of address of manager | Required | Not Required | Any address proof (Utility bill, bank statement, etc) |
Memorandum and Articles of association | Required | Required | Specimen provided for FZE/ FZE by UAQ Free trade zone |
Certificate of incorporation | Required | Not Required | Legalized |
Board resolution and Power of attorney | Required | Not Required | Legalized |
Company Setup Procedure In Umm Al Quwain
Business setup in Umm Al Quwain free zone is guided by a set of well regulated procedures. You can trust Danburite to walk you through the entire procedure swiftly and economically.
- Choose the license according to the business requirement
- Choose the entity (Free Zone Company, Free zone establishment or Branch of the existing company)
- Choose the Facility
- Submit the documents
- Payment – Upon submitting the document UAQ executive will raise an invoice where upon payment is required
- Receive trade license and activate your business
Advantages of Company set up in Um Al Quwain Free Zone:
- Most suitable location for SMEs and micro businesses in the UAE
- Registration of company without visit: To finish the registration by UAQ authority on your behalf, just sign your incorporation documents and courier them to your Agent.
- UAQ free zone offers very cost efficient licenses
- Fastest company setup Formalities in UAE
- One window operation administration convenience
- UAQ free zone does not require additional approvals from other UAE authorities to setup companies like Legal Consultancy, Real Estate Consultancy, Travel Consultancy, Financial Consultancy, Oil and Gas Consultancy.
- If you are employed by another company, UAQ free zone does not require any NOC
- Inexpensive visa services
- Fast-track processes for getting residency
Additional services to Um Al Quwain Free Zone
- Airport transfers
- Arrange meeting with free zone authorities
- Document due diligence
- Company formation
- Post formation services
- Visa services
- Company management services
- Bank account opening etc.
Our Business Locations
Dubai, UAE
-
Pyramid Centre - Office No 108
Umm Hurair Rd - Oud Metha - Dubai - United Arab Emirates
+971 56 8080092, +971 425 64662
info@danburite.ae
Abu Dubai, UAE
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Behind Al Mariah Mall. Hamdan street,
P.O.Box: 61470 Abu Dhabi, UAE.
+971 56 8080092
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China
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15/F, A8 Music Building,
1002 Keyuan Road,
Tech Zone, Nanshan,
Shenzhen 518000,
China+86 186 1234 5678
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Czech Republic
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Kafkova 346/14,
Prague,
Czech Republic+420 123 456 789
info@danburite.ae