Establish a Company in Umm al-Quwain Free Zone

The company registration license types in the Ahmed Bin Rashid Free Zone (ABR Free Zone) mainly include the following:

1. Special License (Industrial License): Suitable for businesses engaged in industrial and manufacturing activities. The fee for this license is $545, valid for one year, and requires annual renewal.

2. General Trading License: Suitable for trading companies. The fee is $1,362, valid for one year, and requires annual renewal.

3. Management Consultancy License: Suitable for consultancy businesses. The fee is $1,362, valid for one year, and requires annual renewal.

1. Foreign ownership rights: Foreign investors can obtain 100% foreign ownership when establishing a company in the Ahmed Bin Rashid Free Zone.

2. Geographical advantage: ABRFZ is located near the Ahmed Bin Rashid Port, situated along the coastline, providing convenient transportation.

3. Free zone features: Companies registered in the ABRFZ free zone can enjoy long-term leasing rights, with access to supporting facilities such as water and electricity, telecommunications, accommodation, and storage. The free zone authority offers comprehensive management and logistical support to businesses within the zone.

4. Tax benefits: Companies registered in the ABRFZ free zone can be exempt from tax liabilities, including income tax, export tax, and import tax.

1. Foreign ownership ratio: When registering a company in the ABR Free Zone, foreign investors can hold 100% ownership, without being subject to the UAE company law restrictions of 49% foreign ownership and 51% local ownership.

2. Business scope: Companies registered in the ABR Free Zone cannot directly sell products in the UAE local market and need to go through local agents for sales. If the company's main products can be sold online, they can directly target the market.

3. Office location: Foreign shareholders and directors are not required to reside in the UAE, but the company must have a physical office within the free zone.

4. Other restrictions: Free zone companies are usually not required to hold regular meetings in the UAE, but they must comply with UAE accounting and tax reporting requirements, including submitting periodic financial statements and renewing licenses.