Umm Al Quwain Free Zone Authority
Umm Al Quwain Free Zone Authority is located in the Umm Al Quwain free zone area. Therefore all the necessary procedures can be done more easily in UAQ. UAQ Free Zone is considered as the most convenient free zone. Because of it centralized location many new business persons are attracted each year.
Umm Al Quwain Free Zone Authority Dignitaries
Under The Patronage Of
His Highness Sheikh Saud Bin Rashid Al Mu’alla– Supreme Council Member And Ruler Of Umm Al Quwain
His highness Sheikh Rashid Bin Saud Bin Rashid Al Mu’alla– Crown Prince Of Umm Al Quwain
Board Of Directors
Port, Customs & Free Zone Establishment
Sheikh Khalid Bin Rashid Al Mu’alla –Chairman
Sheikh Ahmed Bin Rashed Bin Abdul Aziz Al Mualla– Member
Sultan Saeed Sultan Al Ali– Executive Director
Johnson M George– General Manager
About Umm Al Quwain Free Zone Authority
Umm Al Quwain Free Zone Authority (UAQ FTZ) is a government organization. The government has taken an initiative for developing the business community of Umm Al Quwain. Furthermore the main aim was to provide required infrastructure and incentives for a prospering the economy of the Emirate.
In addition the free zone is located in a very convenient location. Also it is very close to the Dubai International Airport. Furthermore travelling to nearby Emirates is easy from here.
UAQ FTZ is just 45 minutes away from Dubai.
Umm Al Quwain is a friendly, progressive and prosperous Emirate in United Arab Emirates. Therefore it provides a number of opportunities to different types of business. Also the cost of doing a business in Umm Al Quwain Free zone is much lower.
UAQ FTZ Authority
According to a survey UAQ FTZ is the ideal location for micro businesses,SME’s and Conglomerates. Also it is considered as the safest and secure place free trade zone environment. Furthermore if you are looking for an effective investment region then this is the best one.
In addition the registration and licensing procedures are made much easier and faster with the professional services.
Finally there are a number of benefits available in the Free Trade Zone that you will not want to miss. Some of them are 100% foreign ownership and 100% repatriation of capital and profits, no exchange control and no restriction on investment in any sector. Therefore it is more convenient for international investors.
Umm Al Quwain Free Zone Authority provides the perfect infrastructure that will aid in running a successful business. In addition it continuously works closely with the investors. Also the investors are considered as partners who in return help in the development of the economy of the Emirate.
Finally for a secure investment Umm Al Quwain Free Zone Authority provides bank support. In addition to other benefits the authority also provides some more benefits to the investors or partners.
Additional Benefits
- A sound, transparent and modern legal framework
- Open investment climate
- Low costs of living and labour
- Easy access to trading partners in the Middle East, Africa and Asia
Contact Details of Umm Al Quwain Free Zone Authority
Address: Po Box 7072, Umm Al Quwain, United Arab Emirates
Telephone: +971(0)6 7647272
Fax: +971(0)6 7649782
Website: www.uaqftz.com
Email ID: info@uaqftz.com
Requirements
Incorporation Documents
- List of Documents required
- Application Form
- Memorandum of Association (Only applicable for FZE / FZC)
- Articles of Association (Only applicable for FZE / FZC)
- Ultimate Beneficial Owner Declaration form (Only applicable for Branch)
- Specimen Signature Form
- Service Lease Rental Agreement
Visa Applications
- Visa application form
- Pre-approval form
UAQ Free Trade Zone Company Rules and Regulation
Freezone Rules and Regulation are very important for a new business person in Umm Al Quwain. Therefore get an thorough knowledge of the rules and regulations of Company formation in UAQ FTZ.
Furthermore the addition of Tax to all the GCC countries has brought new rules and regulations. So be aware of the additional charges. Finally get ready for the necessary changes by tax.
Image source: Flickr
