Umm Al Quwain Free Trade Zone
Umm Al Quwain is one of the seven emirates in UAE, which offering an investor friendly business zone named as UAQ FTZ (Umm Al Quwain free trade zone). UAQ FTZ's geographical location is an advantage for the business who is running in the free zone, because it is so close to the UAE’s primary sea ports and within one hour’s drive from Dubai International Airport and Sharjah International Airport, ensuring easy access to the rest of the world. UAQ FTZ has been funded by the Umm Al Quwain government in 1987 for making the industrial economy of the emirate strong and progressive.
UAQ FTZ is controlled by the free trade zone authority in which Sheikh Khalid bin Rashid Al Mu'alla is the chairman. Johnson M George is the general manager of the UAQ FTZ Authority, according to him "UAQ FTZ is an ideal location for Micro Businesses, SME’s and Conglomerates to do business in a safe and secure free trade zone environment and it is one of the most attractive places for your effective investment in the region."
Business setup in Umm Al Quwain Trade Zone
Starting a business anywhere in UAE is a wise decision, because of its business friendly atmosphere and policies. When talking about UAQ FTZ, it is also offering a massive amount of magnificent benefits to the investors. UAQ FTZ is welcoming foreign investments to the zone by declaring tax free, 100 percent foreign ownership, low import export duty polices. Also like just mentioned in the above paragraph, Umm Al Quwain FTZ has been a best in its kind of because the easy access to an entire world through sea as well as air shipping routes.
Along with the UAE free zone advantages, Umm Al Quwain is also good in its cost-effective leasing options for office space and warehousing, which make sure that you doing your business in a very economical business zone by taking all the international standard facilities.