You can Start Conversation on WhatsApp   Start Conversation with Reganantconsultancy on WhatsApp  +971528678740

Offshore Company in Umm Al Quwain (UAQ) - ChoiceUAE.com


Offshore Company - Umm al-Quwain

Offshore Company in Umm Al Quwain (UAQ)

Umm al-Quwain is the least populous of the seven sovereign emirates in the United Arab Emirates, located in the north of the country. The population is about 72000 as per 2007. It is the second smallest emirate, with a total area of around 770 KM2.

Fishing is the local population's primary means of income. Date farming also plays a significant role in the economy. Umm Al Quwain has nice beaches, camel races, shooting clubs.


Traditionally Umm Al Quwain has been slightly conservative for the outside business world; association with the UAE can be attributed as the single major reason. Over the last few years with the economies of the neighbouring emirates i.e. Dubai and Abu Dhabi going strong and investors wanting to explore more of the Arab world to establish themselves Umm Al Quwain has emerged as the most prominent destinations.

With changing times and new minds at decision making chairs, the government here opened its doors to the business world. Starting an offshore firm here furnishes you with suitable government policy and controlled pricing base.

Minimise taxes – One benefit from minimized taxation policy in Umm Al Quwain. Part from low level of taxed the business setup process is fine-tuned. Along with tax benefits and trade centric policies the government of Umm Al Quwain has structured an arbitrator to create an atmosphere of flourishing enterprise and entrepreneurship. 

COMPANY INCORPORATION: THE PROCESS
Upon agreement of our proposal/quotation, an engagement agreement will be executed between the two parties, and the documents supplied for the shareholder(s), director(s) and secretary(s) will be verified to prepare the documents. The documents will be signed in the presence of the registrar. After company registration with the relevant jurisdiction, the shareholder(s) and Director(s) can then proceed to obtain a bank account internationally or locally.

The documents of corporate kit include:
1. Memorandum and Articles of Association [original]
2. Certificate of Incorporation
3. Company Stamp
4. Disbursements not including courier fee

 

JAFZA

RAKIA

RAKFTZ

Minimal Number of Directors

2

1

1

Corporate Shareholder

Allowed

Allowed

Allowed

Corporate Director(s)

Not Allowed

Allowed

Allowed

Nature of Shares

Registered

Registered

Registered

Minimum Capital (AED)

1,000.00/-

1,000.00/-

1,000.00/-

Time Scales (upon receipt of full documentation)

4-5 days

2-3 days

2-3 days

Legalization Process of POA & Corporate Documents

Legalization & Super-legalization mandatory

Apostle Sufficient

Apostle Sufficient

Shareholders physical presence

Required

Not Required

Required

Applicable law

UAE

UAE

Any country can be opted for

Own property in UAE

Only purchase Dubai Holdings, Emaar, Nakheel  and Dubai World properties

NA

NA



Fill Your Instant Callback Details


Contact Details * :