um Al Quwain Free Zone Registration Process and Documentation in UAE
1. Overview. The Umm Al Quwain Free Zone (UAQ) in the UAE is an important special economic zone in the UAE that offers many preferential policies for domestic and foreign investors. Registering a company in this free zone can enjoy the advantages of low tax rate, free flow of capital, and wholly foreign-owned operation. This article will take a closer look at the process and information required to register a company in um Al Quwain Free Zone in the UAE.
Second, the company registration process.
1.Decide on a company name.
First of all, it is necessary to determine the name of the company to be registered and ensure that the name does not duplicate the name of the company that already exists.
2.Preparation of articles of association.
The articles of association should include the following: company name, registered address, business scope, registered capital, etc.
3.Submit an application.
Submit an application for company registration to the Management Committee of um Al Quwain Free Zone and pay the corresponding registration fee.
4.Review & Approval.
The application will be reviewed by the Free Zone Management Committee and, if approved, a business license will be issued.
5.Register a corporate bank account.
After obtaining the business license, a corporate account needs to be opened in any bank in the free zone or in the UAE.
6.Tax registration and tax filing.
Once the company is registered, it is necessary to register with the UAE tax authorities and file the tax returns in accordance with the regulations.
3. Required information.
1.Articles of Association.
A detailed articles of association are required, specifying the company's name, registered capital, business scope, etc.
2.Shareholder information.
Provide copies of the passports of all shareholders and *** If the shareholders are legal entities, the certificate of registration, articles of association and other relevant documents of the entity are required.
3.Particulars of directors.
Provide copies of the passports of all directors and *** If the directors are legal entities, the certificate of incorporation, articles of association and other relevant documents of the entity are required.
4.Proof of the company's registered address.
Proof of the company's registered address in the um Al Quwain Free Zone is required. If you want to rent an office, you need to provide a lease agreement; If you are buying a property, you need to provide the purchase contract and title deed.
5.Other documents.
Depending on the specific situation of the company, it may be necessary to provide other relevant documents, such as a business plan, a letter of intent to invest, etc.