Business Setup in Umm Al Quwain
Umm Al Quwain, a thriving economy, acts as a hub for trading and industrial companies. The emirate’s growing popularity as a feasible investment destination has been attracting businesses from all over, be it on mainland or free zone.
Umm Al Quwain is one of the most cost-efficient free zones in UAE that offers widest range of activities. It is ideal for SMEs and micro-businesses.
Benefits of setting up a company in UAQ Free Zone
- Strategic Location
- Affordable Licenses
- Diverse license options
- 100 % direct tax free
- Complete ownership
- 100% repatriation of capital and profits.
- Cost-effective leasing options
Types of License
Authorizes import, export, distribution and storage of products and can have 10 similar or 3 different product lines
General Trading License
Permits trading across a wide range of sectors, excluding some such as tobacco, alcohol, pharmaceuticals and crude oil
For entities that offer expert or professional advice
Permits consultancy across different sectors that include Real Estate, Tourism, Oil and Gas engineering, Legal, Financial, Investment, Shipping and Logistics and Aviation.
Micro Business Licence
For organizations that do not need a physical office or a visa and is on low budget.
The license is meant for people who work in technology, media and film sectors, and is issued to talent, creative and selected administrative roles.
Allows activities such as logistics, courier services, travel agency and car rental.
Major Premium consultancy activities
- Aviation Consultancy
- Financial Consultancy
- Mortgage Consultant
- Logistics Consultancy
- Customs Consultant
- Oil & Natural Gas Exploration Consultancies
- Chemical & Oil Engineering Consultancy
Major Premium commercial activities
- Ship Chandlers and charter
- Shipping Lines Agents
- Barges & Tugs Charter
- Sea Freight & Passengers Charters
- Aircraft & Requisites Chartering
- Private Airplane Charter
License Fee at Umm Al Quwain
|Licenses||Annual Fees (AED)|
|Trading License (3 Visa)||27,500|
|Consultancy License (2 Visa)||21,000|
|Premium Consultancy License (3 Visa)||32,500|
|Freelance License (1 Visa)||18,000|
|Service License (2 visa)||21, 000|
Jumeira Consultants will take you through the process of building your in firm in UAQ mainland or free zone. We understand your requirements and customize our services as per your needs.