Umm Al Quwain Mainland is one of the region’s most cost-effective and accessible markets. With the tourist and business economy flourishing, it’s one of the best options available to set up in the UAE. The economy of the emirate has been at a record high for the past few years.
Here’s what makes Umm al Quwain Mainland great for business:
Umm al Quwain is famous for many sectors, but at the top of them are tourism, fisheries, manufacturing, and trade. It provides an easy setup process, allowing new businessmen and foreign investors to fit into the market easily.
It is high time to start a business setup in the Umm Al Quwain Mainland. It’s a great economic decision you can make today. This guide walks you through the process of doing that without any inconveniences.
This license is for businesses that are involved in the buying and selling of goods. It allows trade within the UAE and internationally. It has a huge business industry that keeps growing.
Required For: Retailers, wholesalers, and import/export companies.
This license is initially similar to a commercial license, but it allows trading in multiple categories without restrictions. You can choose a wide range of products to deal in, unlike a commercial license, where there are restrictions.
Required For: Businesses trading diverse products across various sectors.
This license is for experts in different sectors who want to offer professional advice to their clients. It could be for individuals as well as for businesses. The demand for professional advice is always growing in the UAE.
Required For: Management, financial, and legal consultants.
This type of business license is designed to accommodate a cost-effective option for small-scale companies and startups. This lets small-level businesses start their operations legally with government support and recognition.
Required For: Entrepreneurs and small businesses seeking minimal costs.
This license is designed to address the recent trend of freelancing. It allows individuals to offer services without needing a physical office. They can work from home and in flexible hours. It’s becoming quite a norm now.
Required For: Freelancers in creative, technical, or professional fields.
This license is for individuals and businesses providing their professional services to their clients. The services could be in different sectors like maintenance, repair, or the media business in the UAE.
Required For: Service-oriented companies and repair businesses.
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
STARTING FROM
STARTING FROM
STARTING FROM
Starts from
AED 11,900
Starts from
AED 17,900
AED 2,000
AED 2,200
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
AED 1,600
Applicable if within the UAE application only.
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
AED 375
Choose the set of activities your business will be involved in. Check the list of approved activities. This step determines the type of license you will have to acquire for company formation.
Legal structures offer different needs and different perks. Popular examples include LLC, sole proprietorship, and branch office. Select a structure that fits your business needs, ownership, and goals.
Reserve a unique trade name through the Department of Economic Development website or mobile app. The name must not be offensive to the norms of society.
Obtain initial endorsement from the Department of Economic Development. This serves as a no-objection certificate and paves the way for the rest of the process.
Prepare a Memorandum of Association (MOA) and other required documents for acceptance. Ensure the validity and correctness of each document.
Find a suitable office for your business operations. Finalize the lease agreement once you find a suitable pick. Popular options include executive offices, industrial facilities, and shared offices.
Depending on your commercial activity, additional permissions may be required from different departments or authorities to get started. Get those approvals if required.
Gather all the required documents and submit them along with the fee. Make sure that the submission is in time, or it can cause delays or fines.
Once your application is approved, you will receive your business license. Now, you can start your business operations in the market.
Start a commercial bank account to streamline the company’s financial processes and get the visas for shareholders and employees to start company operations.
Establishing a company setup in Umm al Quwain can cost you around 8,000 AED to 30,000 AED, depending on your requirements, activities, location, and several other factors. Contact IBG Consultancy for an exact quote.
Several terms and conditions by authorities have to be followed, including establishing a physical office, registration of approved activities, special approvals, and a minimum of one shareholder and one manager policy.
The Department of Economic Development is known for its streamlined and helpful regulatory services, including license updating, renewal, and company liquidation. It streamlines the business regulation.
A Limited Liability Company requires 2–50 shareholders, offering limited liability for their share in capital. Foreign ownership is allowed without a local sponsor.
Perfect For: Foreign investors, startups, and small-to-medium enterprises.
A partnership company allows ownership between two or more UAE nationals. They will be jointly liable based on their shares. This structure is not available for foreign investors.
Perfect For: UAE nationals looking to jointly invest in local businesses.
A sole proprietorship is owned by a single individual. Foreign owners require a UAE national as a local service agent to start a new company, but GCC and UAE citizens are exempt.
Perfect For: Professionals offering services like consultancy or freelance work.
Under this structure, the share capital is divided into tradable shares. Liability is limited to share capital. Founding members sign the memorandum and articles of association.
Perfect For: Large-scale projects, companies planning IPOs, or seeking big investments.
This structure allows local and foreign companies to open branches in Ras al Khaimah. These branches are an extension of the parent company and don’t require a different identity.
Perfect For: Companies looking to expand their business in the United Arab Emirates.
A Private Joint Stock Company requires at least 51% ownership by UAE nationals. Liability is limited, and you can conduct various commercial and industrial activities.
Perfect For: Large-scale businesses and foreign investors in select industries.
The region is known for its cost-effective options and simplified processes. It offers a supportive business environment and numerous growth opportunities, especially for small to medium enterprises.
Yes, after your entity is approved, you can conduct business across the country. Umm Al Quwain makes it easy to expand into other emirates, including Dubai.
Yes, unlike a Free zone company, businesses established here can operate directly with the local market without restrictions, giving more flexibility.
The time depends on the type of entity and approvals required. With the right business setup service in UAQ, it can take as little as a few days to complete.
No, there is no cap on employee numbers, as long as you have sufficient space in the office to support them. This is a key advantage over a Umm Al Quwain Free Zone setup.
Not necessarily. Experts in laws and regulations can guide you through the paperwork and compliance, ensuring a smooth start.
The process involves selecting an activity, applying for company registration, securing approvals, and finalizing the paperwork. Local consultants can make this easier.
Yes, you can set up a new enterprise with 100% foreign ownership in certain sectors, offering full control of your operations.
From logistics to consulting, Umm Al Quwain supports various business entities. It’s particularly appealing for trading, manufacturing, and professional services.
Yes, with proper approvals, you can adjust your structure to align with your evolving goals and the growth opportunities in the market.
Lowest price promise
24/7 at your service guaranteed
Stay home instant license at your door
Additional best value in same price
0% Installment Plan