en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+ 357-24-636-919
+ 44-20-7556-0900
NEWS

Sign up for a free consultation
Subscribe to our newsletter
Request a return call
Downloadable brochures
Request a brochure
Newsletters
5 Minutes Offshore
Why LAVECO?
How to order a company from LAVECO Ltd
Latest news
Currency exchange rates: USD/1 unit
2018.09.19
HUF 0.0036
GBP 1.3132
CHF 1.0387
RUB 0.0147
HKD 0.1274
JPY 0.0089
CNY 0.1456
CAD 0.7682
AUD 0.7179
BRL 0.2385
EUR 1.1671

Interesting

Umm-al-Quwain Free Trade Zone Establishment


01/07/2016

Umm-al-Quwain
Free Trade Zone Establishment

Location:

In the east of the Persian Gulf, the northern part of the United Arab Emirates

Constitutional form:

Constitutional Monarchy

Population:

Approximately 72 000 (2007)

Area:

755 km2

Capital:

City of Umm-al-Quwain

Currency:

Dirham (AED)

Official languages:

Arabic (English is widely spoken)

Time zone:

UTC +4

Company legal form:

Private Limited Company by shares

Method of incorporation:

The Memorandum and Articles of Association must be signed by the subscriber

Company name ending:

Free Zone Company, FZC

Time required for incorporation:

2-3 weeks

Number of directors:

Minimum 1 of any nationality

Number of shareholders:

Minimum 1 of any nationality

Minimum capital:

AED 300,000 (not required to be paid up)

Accounting / reporting requirements:

Required, but not public

Type of shares:

Registered

Annual tax and duties:

Dependent upon the type of company

Disclosure of beneficiaries:

Not required for Public Records

Registered office:

Local Registered Office is required by law within the Free Zone

Registered secretary / agent:

Local Registered Agent is required by law

Agreements for the avoidance of double taxation:

The UAE has signed Tax Agreements with over 40 Jurisdictions

Top