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UAQ Mainland

Business Setup in UAQ Mainland

The least populated Emirate of the United Arab Emirates (UAE) is Umm al-Quwain (UAQ) that is situated on the West Coast of the nation between two other Emirates, Ajman and Ras Al Khaimah. It even has the smallest surface area compared to the other Emirates.

The Umm Al Quwain Economic Department has been pushing the development of the Emirate in terms of its economic stability. The economy of Umm Al Quwain is thriving through it being a tourist spot as well as having fishing as a contributing factor. Because of the latter, it is a seafood exporter that has Europe and the Middle East as its main clients. Aside from all of these, Umm Al Quwain business set up has been notably being known in the country. Trading and construction companies in Umm Al Quwain swarm the place, along with other industries that are booming there as well.

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  • Following industries you can setup in UAQ Mainland

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Setting up Business in UAQ Mainland

    The law in the UAE limits the business owners to have 100% ownership when they set up on the mainland. Regardless if this is the case, the advantages of business setup in Umm al Quwain Mainland far outweigh that one setback.

    Over the years, Umm Al Quwain has turned itself into a place that gives investors reasons why they should invest in there. The advantages that drive people to Umm Al Quwain are listed below:

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  • Company Formation in UAQ Mainland, Requirements & Procedure

    Requirements for Business Registration in Umm Al Quwain

    • Notarized and attested Memorandum and Articles of Association;
    • Notarized and attested POA appointing FAR Consulting Middle East as legal representatives of the business;
    • Copies of directors and shareholders’ passports;
    • Copies of passport and CV of General Manager;
    • Lease agreement for workspace (should not be under 550 sq. ft.)

    Take note: lease or rental contracts must only be signed after Initial Approval from authority. Call us for a full list of the required documents to establish in mainland Umm al Quwain.

  • The procedure of processing your Umm Al Quwain business set up would range from 2 to 4 weeks.
  • Support Services Offered in UAQ

    FAR Consulting Middle East is one of the leading business setup consultants in Umm Al Quwain. We assist people who are keen to have an Umm Al Quwain business set up and help them to make their plans turn to reality.

    The following services are provided by us once you let us manage the business set up affairs for you:

    • Applying and following up on behalf of the client until the collection of the Certificate of Business Registration (Trade License)
    • Representing the client in front of the authorities
    • Assisting the client in bank account opening
    • Assisting the client in account opening with the Ministry of Labour
    • Assisting the client in account opening with the UAE immigration
    • Assisting the client in leasing a premise as an address for the business
  • Business Setup Cost in UAQ

    The below table shows the estimated amount of Umm Al Quwain business setup cost. You can review the below and contact us for further information or clarification.

    UAE Mainland Estimated Official Cost for Study Case/New Business Setup
    Fees/Cost/ReceiverNarrationCycleCost (AED)PaymentComments
    Trade Name ReservationGovt. AgencyOne time610100% Adv.View
    Initial Approval for Your BusinessGovt. AgencyOne time110100% Adv.
    Local Citizen – Sponsorship FeeYour Business’ Local SponsorYearly15,000100% LaterView
    MOA – Legal Translation ServicesTranslation ServicesOne time1,280100% Adv.View
    Notarization of MOAGovt. AgencyOne time960100% Adv.View
    Licensing & Certificate of Incorporation Fees (for specific business activity)Govt. AgencyYearly7,000100% Adv.View
    File Opening – Immigration (Establishment Card)Govt. AgencyOne time860100% Adv.
    File Opening – Ministry of Labour (Establishment Card)Govt. AgencyOne time2,053100% Adv.
    E-Signature Card – Ministry of LabourGovt. AgencyOne time1,000100% Adv.
    Farhat Office & Co. Fees – Your Business Registration Consultant’s Professional Fees
    All of the Following Services are Included:
    » MOA drafting – Arabic/English
    » Power of attorney drafting – A/E
    » Side Agreement drafting – A/E
    Professional Fees/Farhat Office & Co.One time15,000100% Adv.
    TOTAL43,873View

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.