Umm Al Quwain Free Trade Zone (UAQFTZ) is a free zone in the United Arab Emirates that offers a number of benefits to businesses, including 100% foreign ownership, no income tax, and low import and export duties. UAQFTZ is also home to a variety of industries, including technology, media and entertainment, education, healthcare, and logistics.
If you are interested in setting up a business in UAQFTZ, there are a number of documents that you will need to submit. The specific documents required will vary depending on the type of business you are setting up, but there are some general documents that are required for all businesses.
Here is a list of the general documents required to set up a business in UAQFTZ:
- Copies of your passport and visa: You will need to submit copies of your passport and visa pages that show your personal information and your entry stamp.
- A business plan: Your business plan should include information about your company, your products or services, your target market, and your financial projections.
- A bank reference letter: You will need to submit a bank reference letter from a reputable bank that confirms your financial stability.
- A certificate of good conduct: You will need to submit a certificate of good conduct from the police authorities in your home country.
- A copy of your company’s Memorandum of Association (MOA) and Articles of Association (AOA): You will need to submit a copy of your company’s MOA and AOA.
- Payment of the registration fee: The registration fee varies depending on the type of business you are setting up.
In addition to the general documents listed above, there may be other documents that you will need to submit depending on the type of business you are setting up. For example, if you are setting up a manufacturing company, you will need to submit a copy of your industrial license. If you are setting up a service company, you will need to submit a copy of your service license.
You can find a complete list of the documents required to set up a business in UAQFTZ on the UAQFTZ website.
Here are some additional tips for gathering the required documents:
- Start gathering the required documents early. The more time you have, the less likely you are to forget anything.
- Make sure that all of the documents are complete and accurate. Any errors in the documentation could delay the approval process.
- Have the documents translated into Arabic if necessary. All documents submitted to UAQFTZ must be in Arabic.
- Keep copies of all of the documents for your records.
Setting up a business in Umm Al Quwain Free Trade Zone (UAQFTZ) is a relatively straightforward process, but it is important to make sure that you have all of the required documents. By following the tips above, you can ensure that you have all of the necessary documentation and that your application is processed quickly and efficiently.
BizDaddy is a leading business setup consultant that can help you gather the required documents to set up a business in UAQFTZ. BizDaddy has a team of experienced professionals who can help you with every step of the process, from choosing a business activity to completing the application form to submitting the required documents.
BizDaddy offers a number of benefits to businesses, including:
- Expertise: BizDaddy has a deep understanding of the business setup process in the UAE. This expertise can help you avoid common pitfalls and ensure that your business is set up correctly.
- Convenience: BizDaddy offers a one-stop shop for business setup in the UAE. This means that you can deal with everything through BizDaddy, from choosing a business activity to obtaining a business license.
- Peace of mind: BizDaddy’s team of experienced professionals can help you navigate the business setup process and ensure that everything is done correctly. This can give you peace of mind knowing that your business is in good hands.
If you are serious about setting up a business in UAQFTZ, I highly recommend contacting BizDaddy. BizDaddy can help you make the process as smooth and stress-free as possible.