Business Setup in Umm Al Quwain
Umm Al Quwain might be the one of the latest entries in the list of free zones in UAE, but it has gained immense popularity since its formation in 2014. Dubbed as ‘free zone of the future’, Umm Al Quwain’s stable economy, open investment climate and low costs of living and labour make it an ideal business hub in UAE.
The strategic location of the free zone, which is close to the primary sea ports in UAE and the international airports of Dubai and Sharjah, adds to its popularity.
Benefits of Setting up a Company in Umm Al Quwain
100% direct tax free.
100% company ownership.
100% repatriation of capital and profits.
No restrictions on hiring foreign employees.
No share Capital Requirements.
Cost-effective leasing options for office space and warehousing.