Umm Al Quwain (UAQ) Free Zone Business Setup
Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strategic initiative of the Government of Umm Al Quwain. UAQ FTZ provides the required infrastructure and incentives for a prosperous business community. UAQ FTZ is situated close to the UAE’s primary sea ports and within one hour’s drive of Dubai International Airport and Sharjah International Airport, ensuring easy access to the rest of the world.
Umm Al Quwain Free Trade Zone offers a platform to engage micro business and companies with minimal budgets. There are lesser complications in terms of documents required and getting special approvals. Their main aim is to get your business up and running within no time. UAQ FTZ’s investor-friendly environment will allow you to run a successful business in UAE. Umm Al Quwain’s stable economy, open investment climate and low costs of living make it a strategic business destination.
Types of Business Licenses in UAQ FTZ
This allows import, export, distribution and storing of items specified on the license.
General Trading License:
This enables the license to trade in wider range of activities and gives the freedom and flexibility to trade in any commodity which is permitted within the UAE.
This license is for entities which offer expert or professional advice and is issued to all manner of professionals including artisans and craftsmen.
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 the purpose of manufacturing, processing and assembly of specified products.
This license is for service providers. It permits to carry out the services specified on the license within the Free Zone, such as Logistics, Courier Services, Travel Agency, Car Rental etc.
This allows an individual to operate as a freelance professional. The Freelance Permit is designed for individuals who operate in technology, media and film sectors, and is issued to talent roles, creative roles and selected administrative roles.
Benefits of UAQ Free Trade Zone Company
- 0% corporate and personal tax
- 100% company ownership
- 100% repatriation of capital and profits
- No share Capital Requirements
- 100% import and export tax exemption within the Free Zone
- Full range of business activities permitted
- Simple and fast registration process
- Office, warehouse and land availability
- Close to two international airports and major sea ports
- Investor-friendly rules and regulations
- Ideal location for SMEs and micro-businesses
At Business Link we support our clients to select the most appropriate solution and guide them through complete procedures of UAQ FTZ business setup. For more information about the procedures of Umm Al Quwain free zone company formation, Contact us at 00 971 556070118 or Email us to email@example.com.