HOW TO SET UP A BUSINESS IN UMM-AL-QUWAIN
Umm- Al-Quwain is one of the seven emirates of UAE. It has close proximity with Dubai and Sharjah. This Emirate is in developing stage with a promising future for trade and Industry. According to experts Umm-Al-Quwain is an Ideal location for SMEs and micro businesses. Umm-Al-Quwain free zone allows a number of industrial and commercial activities. It’s a good option for young entrepreneurs because cost of living is low here. You can start a business in Umm-Al-Quwain free zone by following some easy steps.
Decide the activity you want to perform under your business license.Apart from Industrial and trading license this free zone allows you to act as service provider (for example courier service, travel agent etc.) and also allows you to work as a freelancer. Freelancing is a suitable option for the person with creative acumen who wants to make a name in media or film industry. Umm Al Quwain free zone provides six types of license commercial license, general trading, industrial license, consultancy license, freelance permit&service license.
Choose a suitable work place for you. Select office, ware house, work shop or land according to your need. Collect all necessary documents which include passport copy of all partners, address proof of all partners, memorandum of association, board resolution and power of attorney.
Hire a manager (if you want to open industrial or commercial entity). Ask him to provide a passport copy and address proof.
Fill the application from and submit it with all the necessary documents to authority office. After submitting the documents the staff member of free trade zone authority will raise an invoice for payment. You have to pay the necessary amount.
If everything is up to the mark the authority will soon issue desired license. They will also designate a relationship manager who will address all your queries. Once you get your license you can apply for a residence visa and open a bank account.
Many growth opportunities are available in Umm Al Quwain
Cost effective leasing options are available for office and ware house
Close proximity with UAE’s sea port and international airports of Dubai andSharjah
Contact us to find more about setting up business in Umm-Al-Quwain Free Zone.