Umm Al Quwain Mainland

Fueling your business growth

The Emirate of Umm Al Quwain is well-known for its desert landscape and unique flora and fauna and is a popular holiday destination. It is also a thriving place with modern infrastructure. With the simple and hassle-free business setup process of Umm Al Quwain, establishing a commercial base in the UAE has never been simpler.

About Umm Al Quwain Mainland Company

Businesses set up in the UAQ mainland will open up unparalleled growth opportunities for your business. It will flourish in no time, with dedicated and planned activities. Expats can expect outstanding results and exemplary business growth if you set up the right business and pursue it diligently.

Advantages of Mainland Business Setup in UAQ

• No duties on import and export
• 100% foreign ownership, depending on the approval of regulatory bodies
• No capital gain, corporate, and income taxes
• Businesses are allowed to repatriate capital, funds, and profits
• Modern infrastructure
• Low energy and real estate costs
• Inexpensive labor force
• Liberal labor laws
• No recruitment issues

Available Licenses

The Commercial license permits holders to engage in buying and/or selling activities or provide specific services. The professional license authorizes skilled professionals in providing non-physical services e.g. consulting and advisory services. The Industrial license enables an organization to perform industrial operations in compliance with both local and national manufacturing laws.

Documents Required

• A valid copy of passport and national ID in case of shareholders if he is a UAE national
• A no-objection certificate, copy of passport, copy of visa, or residence is required in the case of ex-pat partners.
• License form duly filled.
• A branding certificate is required.
• In case of technical assessment is required then a report must be submitted.
• A Contract of partnership duly attested by a notary is required.
• A Lease copy shall be obtained.
Legal affairs approval shall be obtained.
• Property certificate if available.
• Authenticated copy of the MOA and AOA of the company.
• A copy of the feasibility study on the business venture is required.

Types of Mainland Business in Umm al Quwain

1. Branch of Foreign Office
In Umm Al Quwain, the branch office is an extension of the international parent company. The branch office must also receive a trade license for the same practices which are carried out by its parent company.

2. Limited Liability Company (LLC)
It is one of the most common forms of business entities, an LCC can be incorporated with the participation of at least 2 shareholders and the maximum number is 50 shareholders. The percentage of liability that each partner must bear depends on the ratio of individual shareholding.

3. Professional Firms
Professional Firms are committed to a particular profession for carrying out their domain-related professional practice. Unlike an LLC, this type of firm does not have a 51 percent shareholding limit.

4. Public Shareholding Companies
Public Shareholding Companies perform public shareholding, financial and banking, and insurance activities. For the establishment process for public shareholding companies, the minimum capital required is US$ 2,725 million which is appropriate for larger projects.

5.Representative Office
Umm Al Quwain, allows foreign investors to establish a representative office without any shareholders in their presence. A representative office is not involved in the daily activities of companies and is more geared towards the promotion of marketing activities and research.

Steps you need to follow while setting up an Umm Al Quwain Mainland company

Step 1- Select a Business Activity

The first step to forming a new company is to figure out what type of business you will be doing. This is a crucial step for any business in the UAE. Without selecting your business activity, you won’t be able to get your business license. A company cannot operate anywhere in the UAE without a business license.

Step 2- Secure Office Space
You’ll then have to find a place for your company. This could be an office, warehouse, workshop, or land. UAQ has plenty of commercial spaces to rent or buy.

Step 3- Complete Application
Your application form will need to be filled out and sent to the correct authorities. After you submit your application, you will be given an invoice that will have to be paid in full.

Step 4- Apply for a License
After you pay all the necessary fees, you will need to apply for a business license and submit any other documents that are required. After your license is issued, you’ll be able to apply for a residence visa and open a bank account.

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