Located between Dubai and Sharjah, Umm Al Quwain is a
developing state known for its stretch of desert, beaches and natural scenery making it a holiday
destination for resorts and hotel lovers. Umm Al Quwain is a clever destination for startup
businesses and SME’s as the state provides low rentals and fees.
Business set up in Umm Al Quwain mainland must go through the UAQ Department of Economic Development which provides businesses with its relevant licenses as per the business or owner’s requirement. According to the UAE rules and regulations, you can start a business by having a UAE local sponsor or partner for a company formation in Umm Al Quwain mainland. Like all other Emirates, this local sponsor/partner will not have any shares in the company profits.
This license will let the holder import, export, buy, sell or distribute items. A commercial license will allow 3 different product lines or 10 similar ones.
This license will let a business owner trade in a vast range of products that are permissible in the UAE. However, products like crude oil, alcohol, pharmaceutical and such are excluded and would require special permission from the government.
Businesses that are consultants or offer professional advice on a specific profession (eg, artisans or craftsmen) requires this license.
This is the cheapest license that is best suitable for those who don’t need a physical office or visa and you’re planning to operate a low budget business.
As the name suggests, this license is for freelancers in the creative, media and tech industry who are planning to operate under their own name for freelance work.
Travel agencies, logistics, couriers, insurance services, car rentals and the lot would need this license to operate their business.
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