Umm Al Quwain Free Trade Zone is a strategic initiative of the government of Umm Al Quwain. UAQ free zone provides the required infrastructure and incentives for a prosperous business community. UAQ FTZ is close to the UAE’s primary seaports and within an hour’s drive from Dubai International Airport and Sharjah International Airport, ensuring easy access to the rest of the world.
UQFTZ offers a platform to engage micro-businesses and companies with minimal budgets. There are fewer complications in terms of document requirements and getting special approvals. They aim to get your business up and running easily and in no time. UAQ FTZ’s investor-friendly environment will allow you to run a successful business setup in UAE. Umm Al Quwain’s stable economy, open investment climate, and low living costs make it a strategic business destination.
Types of Business Licenses in UAQ FTZ
Commercial License
This allows the import, export, distribution, and storage of items specified on the license.
General Trading License
This enables the licensee to trade in a wider range of activities and gives them the freedom and flexibility to trade in any commodity that is permitted within the UAE.
Consultancy License
This license is for entities that offer expert or professional advice and is issued to all manner of professionals, including artisans and craftsmen.
Industrial License
This enables the company to import raw materials, then manufacture, process, assemble, and package the specified products, and export the finished product. It allows the holder to import raw materials for manufacturing, processing, and assembling specified products.
Services License
This license is for service providers. It permits the carry out of the services specified on the license within the Free Zone, such as Logistics, Courier Services, Travel agencies, Car Rental, etc.
Freelance Permit
This allows an individual to operate as a freelance professional. The freelance permit is designed for individuals who work in the technology, media, and film sectors. It is a license for talent roles, creative roles, and selected administrative roles.
UAQ Free Zone Company Setup Cost:
Business setup in the Umm Al Quwain free zone starts from 13,500 AED.
Benefits of UAQ Free Trade Zone Company
- 0% corporate and personal tax
- 100% company ownership
- 100% repatriation of capital and profits
- No share of capital requirements
- 100% import and export tax exemption within the Free Zone
- A full range of business activities permitted
- The simple and fast registration process
- Office, warehouse, and land availability
- Close to two international airports and major seaports
- Investor-friendly rules and regulations
- Ideal location for SMEs and micro-businesses
At Business Link UAE, we support our clients in selecting the most appropriate solution. Our business setup consultants will guide investors through the complete UAQ-free zone business setup procedure. For more information about Umm Al Quwain’s free zone company formation, contact us at 00 971 502052735 or email us at info@businesslinkuae.com.
