Renting a Warehouse in Umm Al Quwain: 2024 Guide

Renting a Warehouse in Umm Al Quwain: 2024 Guide

May 21, 2022

Renting a Warehouse

Finding suitable warehouse space is not an issue in Umm Al Quwain. You can rent premises directly from UAQ Free Zone at affordable prices – currently just AED150 per day – and with dimensions that suit your specific requirements. If you’re a UAQFTZ license holder, you can rent space, no matter how long you’ve been trading. Contact UAQFTZ for a personalized quote.

This article shows you how to set up a company and access warehouse storage. It provides details in the following areas:

  • Benefits of renting a warehouse in Umm Al Quwain FTZ
  • Cost of renting a warehouse in UAQFTZ
  • Steps to starting a company in UAQFTZ
  • Documents needed to start a company in UAQFTZ
  • Why start your company with UAQFTZ?
  • You and UAQFTZ

Benefits of renting a warehouse in Umm Al Quwain FTZ

The UAQ Free Trade Zone was launched by the Umm Al Quwain Government to provide the perfect location for a thriving, future-proofed business community. It has all the infrastructure, digital capacity, business-friendly legal frameworks and physical space that entrepreneurs need to succeed, with a busy seaport and quick access to Dubai International Airport.

Warehouses are available in the Free Trade Zone in units measuring 100 to 150 square metres (1000 to 1500 square feet). Whether you’re importing, exporting or trading within the region, you can rent the space that matches your capacity.

Cost of renting a warehouse in UAQFTZ

Renting warehouse space in UAQFTZ currently costs just AED150 per day. This low price is part of the general low cost of living you can enjoy in Umm Al Quwain, where favourable tax laws enable businesses to thrive.

Steps to starting a company in UAQFTZ

Setting up a company in Umm Al Quwain is the very opposite of red tape. A company can be incorporated in UAQ Free Trade Zone within one day, and the application process is simplicity itself.

Step 1 : Get approval for your company name and state your business activity and required license type. You will also need to choose and state the physical location of your business.

Step 2 : Submit all required documents to the UAQ Free Trade Zone Authority. This will include your application form, a copy of your passport and other items, depending on the nature of your enterprise.

Step 3 : Sign the original incorporation documents and submit them.

Step 4 : Once the documentation has been approved, submit your payment of the specified fees.

Step 5 : Wait for your trade license – but not for long! It can take as little as one day.

Documents needed to start a company in UAQFTZ

You can establish a free zone establishment for a single business person in UAQ Free Trade Zone. Alternatively, you can establish a free zone company, which allows two to 50 shareholders, or a branch of a currently existing company.

When setting up your company, you will need to send an application form along with a colour copy of your passport. You will also need copies of any shareholders’, directors’ or managers’ passports, and will require proofs of address for each person named.

Depending on the nature of your enterprise, you will also need to send various other documents. The papers required include a memorandum of association, articles of association, certificate of incorporation and, if you are establishing a branch, the relevant board resolution and power of attorney.

Why start your company with UAQFTZ?

Umm Al Quwain may be the smallest Emirate in the UAE, but it has all the facilities of the larger free zones matched with the very latest high-tech and modern infrastructure. Companies operating in UAQ Free Trade Zone enjoy a business-friendly combination of low taxes, low living costs and fantastic facilities. The zone is also perfectly placed, with easy access to Dubai International Airport and Sharjah International Airport and special concessions at UAQ’s sea port.

There are many benefits to setting up your company in UAQ Free Trade Zone, including the following:

  • You will enjoy 0% corporate and personal tax.
  • There is 0% import and export tax within UAEFTZ and outside GCC countries.
  • You will have 100% company ownership.
  • You can use and extend your existing visa, with no requirement for a UAQ visa.
  • Visa holders, whether investors or employees, can sponsor their families.
  • There are no restrictions on foreign employees, so you can hire the best people without barriers.

You will also benefit from repatriation of all capital and profits, no foreign exchange controls and no currency restrictions. In terms of infrastructure, the road network here is second to none, and the digital infrastructure is equally impressive.

You and UAQFTZ

The UAQ Free Trade Zone was specifically created by the Umm Al Quwain government with the sole purpose of nurturing business. This makes it the premium place for business setup in the UAE, with rules and regulations custom-made for entrepreneurs. The registration process for a business license is super-simple, and UAQFTZ’s ongoing support and cutting-edge development will help you every step of the way.

As a business owner in Umm Al Quwain Free Trade Zone, you’ll be joining other entrepreneurs and businesses at a time of accelerated growth and new initiatives. The zone is currently in a second phase of development that promises even greater rewards for business owners in the months to come.

The first step on this highly rewarding road is to set up your company and apply for your business license. The rewards are then yours for the taking. Get the ball rolling by contacting UAQFTZ for a personalized quote.

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