Business Setup In Umm Al Quwain Mainland
Choose Your Business License
In Umm Al Quwain Mainland, businesses are generally categorized under one of several license types:
Commercial License
Ideal for businesses involved in trading activities such as buying and selling goods. This license permits both local and international trade within Umm Al Quwain Mainland.
General Trading License
This license type is like a commercial license but with the added advantage of trading in a broader range of products. This license allows for trading in multiple categories without restriction.
Consultancy License
Tailored for businesses offering professional advice or specialized services. Consultants in various fields, such as management, finance, and legal affairs, can operate under this license.
Micro Business License
Designed for small-scale enterprises and startups. This license provides a cost-effective option for entrepreneurs looking to establish their presence in Umm Al Quwain Mainland with minimal bureaucratic hurdles.
Freelance Permit
Ideal for individuals offering services on a freelance basis. This permit allows freelancers to legally operate within Umm Al Quwain Mainland, offering their expertise in diverse fields without needing physical office space.
Service License
Suited for businesses offering specific services such as maintenance, repair, or consultancy. This license covers a wide range of service-oriented activities and is essential for service-based companies looking to operate in Umm Al Quwain Mainland.
Required Documents and Steps to Obtain Your Business License
In Umm Al Quwain Mainland, securing your license is designed to be simple and stress-free. Here are the steps you'll want to take to obtain your license and the documents you'll need to have available:
- Copy of passports for shareholders and partners
- Proof of address from the last three months
- Curriculum Vitae of Shareholders
- Reference letter issued by a Bank
- KYC APPLICATION, PROVIDED BY MSZ
- Decide on Your Business Activity
- Find Suitable Office Space
- Submit All the Documents with the Application
- Pay the Required Fees
- Wait for approval and receive a license/permit to start your business
Business Entities Permitted in Umm Al Quwain Mainland
When you start your business in Umm Al Quwain Mainland, you’ll be able to choose one of several legal structures:
-
Limited Liability Company
A popular choice for small to medium-sized businesses, LLCs allow owners to run a business with financial liability only as great as the extent of capital shares. -
Public Shareholding Company
Ideal for businesses planning to offer shares to the public. This structure allows for raising capital by selling shares on the stock exchange. Requires a minimum of 10 founding shareholders and complies with specific regulatory requirements. -
Branch Office
Suitable for companies looking to establish a presence in Umm Al Quwain Mainland while remaining a part of their parent company. A branch office operates under the same legal entity as the parent company and is subject to its regulations and policies. -
Professional Firm
Designed for individuals or groups of professionals offering specialized services such as legal, accounting, or consulting services. Owners have unlimited liability, and the structure is tailored to meet the specific needs of professional practices.
Experience
MSZ Consultancy Can Help You Form Your Business in Umm Al Quwain Mainland
From obtaining business licensing to handling visa applications, MSZ Consultancy has the expertise you need to excel in the UAE. We do it all, from orchestrating legal structures to handling critical renewals and everything in between. Let us help you obtain your business license so you can get down to business.
