Why should you base your company headquarters in UAQ Free Zone?

Picking a location for your headquarters is a big decision. One of the biggest decisions, in fact. Because when you get it right, you build a robust foundation for your company to flourish – with engaged employees, impressed clients and spare capital to spend on innovation.

Here’s why Umm Al Quwain (UAQ) Free Trade Zone is the right choice for your company HQ.

1. Proximity to the entire UAE

When you’re deciding where to base your company headquarters, geographical location should play a major role. And the UAE is certainly a powerful international business hub: it currently ranks 11th globally in the World Bank’s Ease of Doing Business ranking. The IMF predicts a real GDP growth of 3.7% for 2019.

That being said, you can’t take advantage of this unless you’ve chosen the best location to meet your company’s own particular needs. Somewhere employees can access without a nightmare commute, for instance.

That’s even more true if you want to capitalise on thriving markets in other emirates, because you need to visit clients (or have clients visit you) without wasting hours in city centre bottlenecks.

You don’t want to be the company HQ that clients dread visiting – and you don’t want to waste hours (costly hours) of your own time travelling to clients.

Why choose UAQ Free Trade Zone?

UAQ Free Trade Zone is the perfect place to base your headquarters because it’s easy to travel to and from. The free zone is right alongside the prominent state highway, Sheikh Mohammed Bin Zayed Road E311, so it’s ideally located for travel between emirates. 

Plus, UAQ Free Trade Zone is close to two international airports, as well as being near to the UAE’s main seaports. So international travel becomes easy as well.

2. Affordability

Cost is naturally a concern when choosing where to base your HQ.

On one hand, your headquarters are the embodiment of your business. They tell your story – so you want somewhere that will impress clients and inspire your employees.

But on the other hand, there’s a never-ending list of things you could spend capital on. Things like recruitment, sales, marketing, product development, innovation – the list goes on.

It’s a serious concern, and something that can stop your business in its tracks before you’ve even begun. A study by the Association of Chartered Certified Accountants found that 82% of startups failed as a result of poor cashflow management. This should tell you something about the importance of weighing up your costs carefully.

The more you spend securing trade licenses and buying office space, the smaller the pot for those other business activities. Activities that help you bring better products to market and increase your client base, faster.

Why choose UAQ Free Trade Zone?

With UAQ Free Trade Zone, you don’t have to juggle those priorities. Firstly, thanks to highly affordable trade licenses that you can secure fast (often in one working day).

And secondly, due to extensive cost-effective leasing for offices, warehouse and land space. The quality of these is top-tier and you would be saving hundreds, or even thousands, of dollars each month.

3. Attractive location and working conditions

Today employee satisfaction matters more than ever (and employees are quick to leave if they’re not fulfilled). Offering attractive working conditions can mean you keep your people for longer and will find it easier to attract top talent from elsewhere.

Location is also important – nearby hospitals, schools, hotels, shopping as well as residential units are all strong community enticements for new talent.

Why choose UAQ Free Trade Zone?

UAQ Free Trade Zone is like a thriving independent city with attractive amenities for residents, all within the zone. Nearby hotels also mean it’s a prime location for clients to visit and stay overnight with ample facilities to suit. But that’s not the end of the story.

Because UAQ is proactively developing employee engagement strategies like a ‘Walk to Work’ initiative as well. As an employer, this is something you should encourage: we all know by now that exercise enhances mood, but many studies also confirm that it can also boost productivity.

Back in 2014, for example, researchers at the University of East Anglia in the UK found that ‘active commuters’ felt better able to concentrate and were under less strain than if they travelled by car.

UAQ Free Trade Zone has ample labour accommodation available on-site, as well as provision to build your own labour accommodation if needed. That means your people could live within walking distance of your headquarters, avoiding the commute altogether.

4. Progressive regulations  

According to the World Bank, the UAE is the second easiest place to pay taxes globally. But this doesn’t tell the full story: not all prospective locations are equal, so in order to take advantage of any tax benefits you still need to pick the right place.

For example, some emirates still have prohibitive laws on shareholders, company ownership or profit repatriation. Some have higher taxes or require pre-start proof of capital requirements.

Why choose UAQ Free Trade Zone?

UAQ Free Trade Zone sets itself apart with modern, innovative regulations – and 0% corporate and personal tax.

You can have up to 50 shareholders or simply move over a branch of an existing company. Maybe you want to move your current HQ here from elsewhere, for instance.

You can also benefit from 100% foreign company ownership, 100% profit and capital repatriation and 100% import and export tax exemption. Plus, zero currency restrictions. You need no proof of capital to get started and there’s a straightforward setup process with simple paperwork.

All of which means you can easily own and run a business from UAQ Free Trade Zone, allowing you to focus on business growth, not bureaucracy.

Take the next step If you’re considering UAQ Free Trade Zone for your headquarters, your next step is to call or stop by for a visit. That way, you’ll get a first-hand sense of what makes this free zone so special – and such an ideal location for your company HQ.

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