Umm Al Quwain is one of the seven emirates in the United Arab Emirates and the second smallest emirate in the country. this emirate also boasts of one of the latest free zones in the country which is known as the Umm Al Quwain Free Zone (UAQ Free Zone). There are many benefits of setting up a company in the UAQ Free Zone which makes it a lucrative option for all businessmen and entrepreneurs around the world.
The Umm Al Quwain Free Trade Zone is located close to Dubai which makes it near to the base markets. The companies which are established in the free zone are only an hour’s drive away from the Dubai International Airport as well as the Sharjah International Airport. The free zone also has access to ports that ensure that all companies have easy access to the rest of the world.
This free zone is suitable or Micro Businesses and other Small and Medium Enterprises and aims to provide the best infrastructure possible and various other services which will assist in the growth of your company. The free zone provides a modern legal framework, a conducive business environment, and easy access to transportation services which will ensure that you have taken the right decision for your company.
Products / Services Offered
Umm Al Quwain Free Trade Zone provides all the basic facilities to businesses that will help them in their growth. The offerings include:
Umm Al Quwain Free Trade Zone offers office space in small or medium sizes which are fully serviced and will provide a suitable business environment to the business. These are available at a lease for both short term and long term. The offices are equipped with all the necessary features which may be required by a business.
The free zone also offers plots of land which can be used by a business to construct their own infrastructure according to their specifications. This is mostly used by businesses that have specialized requirements.
Many warehouses are also present in the free zone which can be utilized by a company to further their business activity. The warehouses are equipped with the latest and the best facilities and can be used for various different purposes according to the requirement of the business.
The free zone also provides a number of licenses that can be availed by a business. These include:
- Commercial License
- General Trading License
- Consultancy license
- Industrial License
- Services License
- Freelance Permit
Types of Businesses Available
There are three types of business entities available to a business in the Umm Al Quwain Free Trade Zone. These are:
- Free Zone Establishment (FZE)
- Free Zone Company (FZC)
- Branch of an Existing Company
Umm Al Quwain Free Trade Zone Approved Auditor
If you are just starting a business in the free zone or are thinking about registering a company in the free zone, then you must be aware of the benefits of Auditing for a business. having the Audit of the company will also help the management of the company to understand the present financial condition of the company and take remedial measures in case of any discrepancy.
If you want to take the assistance of a professional in the financial matters of the business, then you should have a look at the services offered by JAXA Chartered Accountants. JAXA comprises a panel of experts who will offer you the best possible solution to your business problem. JAXA Chartered Accountants also have a number of other services that will assist a business in navigating the business environment. For more information about the services provided by JAXA, you can Contact Us.