Setup Business in Umm Al Quwain (UAQ) Free Zone
Umm Al Quwain Free Trade Zone (UAQ FTZ) 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 situated close to the UAE’s primary seaports and within one hour’s drive from 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-businesses and companies with minimal budgets. There are lesser complications in terms of documents requires 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 the 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
Commercial License
This allows the import, export, distribution, and storage of items specified on the license.
General Trading License
This enables the license to trade in a wider range of activities and gives the freedom and flexibility to trade in any commodity which 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 the purpose of manufacturing, processing, and assembling specified products.
Services License
This license is for service providers. It permits to 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 operate in technology, media, and film sectors, and is issued to talent roles, creative roles, and selected administrative roles.
About UAQ Free Zone Company Setup Cost:
Business setup in 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 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 to select the most appropriate solution and guide them through the complete procedures of UAQ free zone 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 at info@businesslinkuae.com.
