Business Setup in Umm Al Quwain
Company Formation Services in Umm Al Quwain
Umm Al Quwain has a business-friendly environment, and its atmosphere provides entrepreneurs with an easy to set up and operate their businesses.
Establish your business without issues in Umm Al Quwain with extensive support from Connect Zone.
Receive personalized company formation services meeting the objectives and goals you have for your company as an investor.
Types of Business Licenses You Can Get In Umm Al Quwain
Business need a license for continuing their activities legally. There are different types of licenses for different business types. These licenses are issued and regulated by DED.
The licensing process involves submitting an application. It includes providing all required documents. After the application is approved, the license is issued to businesses. It is valid for a year. It must be renewed annually. The process for getting the license has been set forth by Department of Economic Development. This ensures that businesses comply to the regulations and laws.
With us, you can get these licenses for your Umm Al Quwain business setup.
Commercial License
A Commercial License in Umm Al Quwain is important. It allows businesses to legally operate in the emirate. It is necessary for company formation in Umm Al Quwain.
Professional License
Business can conduct their activities, hire staff and access the banking system with their professional license in Umm Al Quwain.
Industrial License
Businesses can manufacture, assemble, pack, repair, trade and store goods with industrial license. Umm Al Quwain offers these licensing option for industrial activities.
Tourism License
Travel agents, hotel, restaurants, tour operators and car rental companies – businesses catering to tourists need a tourism license.
UAE Trade License
It can be intimidating for businesses to get a trade license. We provide you with a smooth application process for getting your trade license.
Umm Al Quwain License Packages
Simplify your business setup in Umm Al Quwain with our packages
RETAIL LICENSE
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Trade name reservation
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Initial Approval
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MoA
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License fee
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Dubai company address
NON-FINANCIAL LICENSE
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Trade name reservation
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Initial Approval
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MoA
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License fee
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Dubai company address
FINANCIAL LICENSE
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Trade name reservation
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Initial Approval
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MoA
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License fee
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Dubai company address
Steps For Company Formation in Umm Al Quwain Mainland
Trade Name and Initial Approval
Firstly, you must select a name for your Umm Al Quwain business setup. It is important to follow the guidelines when choosing a company name. So, our team can give you the proper assistance to help you obtain the initial approval.
Document Signing and Submission
Then, you must go through the process of document signing and submission. In this part, you will be able to receive the AOA and MOA for your registration. Submitting your documents is a very important part, so we will make sure to compile all of them.
Tenancy Contract and Approvals
Subsequently, you will have to find a place to run your operations from. In this way, you are going to obtain a tenancy contract, which is one of the necessary documents to obtain the final approvals.
Access to a Growing Market
Lastly, you will receive the trade license for your company formation in Umm Al Quwain. After that, you can start trading in the region without any issues. Going through the process will be easier than you may think thanks to our business setup specialists.
Tax Incentives
Companies that set up operations in Sharjah Mainland are eligible for certain tax incentives, making it more attractive to establish their presence in the region.
Highly Skilled Workforce
Sharjah Mainland has a large pool of highly skilled & experienced professionals to choose from. Easing the recruitment for optimal business operations.
Strategic Location
Sharjah Mainland is strategically located near the other Emirates, giving companies the ability to access a growth globally.
Access to Resources
Sharjah Mainland has access to a wide range of resources, including skilled labor, raw materials, technology, and financial resources.
Government Support
The Sharjah government provides a wide range of support and assistance to companies who choose their Sharjah business setup.
Company Documents
When setting up a company in the UAE there is a process you must follow. The final step of this process is receiving your trade license. This document will allow you to operate legally, set up a corporate bank account and have employees. This license will explain the exact activity or activities of your company and what type of license it is e.g. commercial. It will also have each shareholders and the manager of the company listed.
The procedures for renewal, cancellation or issuance of your trade license will be fully completed in the licensing authority your company is setup in. There are three different types of jurisdictions throughout the UAE:
Free Zone
There are over 45 free zones throughout the UAE all specializing in different industries and following their own rules and regulations. The fact they all have different rules means they all have different procedure as well. This is why obtaining, renewing an cancelling the can be extremely lengthy as unless you know the full process you will face challenges along the way.
Mainland
Mainland company setup in uae are formed through the government licensing department of each individual emirate. For any task to do with your license you must do it through the Department of Economic Development in that Emirate. In different Emirates the processes and timeline will be change meaning having the help of an expert makes everything a lot smoother.
Offshore
There are several offshore jurisdictions to choose from. These companies are registered in the UAE however; they do not operate in the UAE. Each offshore authority has its own set of rules & regulations which must be followed.
Steps for Company Formation in Umm Al Quwain
Trade Name and Initial Approval
Document Signing and Submission
Tenancy Contract and Approvals
Trade License is issued
Frequently Asked Questions
These are some of the questions commonly asked about business setup in Umm Al Quwain.
The most common ones are:
• LLC
• Sole establishment
• Civil company
• Industrial company
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Certificate of Incorporation
- Certificate of Ownership
- Business Plan
- Legal Documents
- Business License
- Visa Application
- Corporate Bank Account
- Power of Attorney
The cost of company formation in Umm Al Quwain varies depending on the type of company that is being formed.
Corporate Bank Accounts
We help you open a bank account for your business setup in Umm Al Quwain.
Government Departments
