Business Setup in Umm Al Quwain (UAQ)
Being a city with a huge cultural foundation, Umm Al Quwain (UAQ) is home to the National Museum of the UAE and a secured lagoon called Al Sinniyah Island. As one of the reliable of the seven Emirates of UAE, UAQ always stands the best for business operations.
Business setup in Umm al Quwain (UAQ) especially for conglomerates, SMEs, and startups is an ideal choice. This is because of the appealing business environment and lucrative investments.
Standard Auditing with our team of business specialists has coordinated with thousands of companies for their registration processes in UAQ. Regardless of the business sector, we lend our hand with company formation in the mainland, free zone, and offshore of the UAQ.
Major Sectors of industries operating in UAQ
- Cargo & Freight-forwarding
- Accounting & Auditing Firm
- Manufacturing
- Educational Institution
- Law Firm
- Agriculture & Fishing
- Events Organizing
- Real Estate
- Oil & Gas
- Financial Institution
- Media & Entertainment
- Construction / Contracting
- General Trading
- Technical Services
- Money Exchange
- Consulting
- Health Care
- Tourism & Hospitality
- NGO
Business entities allowed in Umm al-Quwain
To set up a company in Umm Al Quwain (UAQ), the entity as per the business structure needs to be selected. The different corporate entities allowed to be set up in the UAQ are as follows
- Partnership Company
- Limited Liability Company
- Joint Venture
- Private Joint Stock Company
- Public Joint Stock Company
Standard Auditing is a registered agent in the UAQ with years of experience and expertise to form a company without hassles. Want guidance or support? Contact us now!
Umm Al Quwain Free Zone License Types
UAQ free zone offers different types of licenses as per the business activities and they are
- Trading License
- Commercial License
- General Trading License
- Consultancy License
- Premium Consultancy License
- Freelance License/Permit
- Service License
Steps to get a business license in UAQ Free Zone
- Identify the Type of License
- Choose the Business Entity
- Free Zone Establishment
- Free Zone Company
- Existing Company
- Pick the Facilities
- Submission of Documents
- Pay the License Fee
- Collect the License and Start your Business
Advantages of Business setup in Umm al-Quwain:
- No minimum capital requirement
- Quick and easy registration
- No corporate and personal tax
- No restrictions on hiring foreign employees
- 100% retention of capital and profits
- The leasing option is user-friendly
- Supportive government for all legal business activities
If you require any guidance on setting up your business in Umm Al Quwain, Standard Auditing is here to help you 24×7. Get in touch with us!
