Setup Your Business In Umm al Quwain Free Zone!
The Umm al Quwain Free Trade Zone (UAQ FTZ) is a strategic project and a popular choice due to its favorable taxation, and cost-effectiveness. Now Consultant offers comprehensive business setup services in UAQ, facilitating swift company formation and providing cost-effective solutions.
ABOUT UAQFTZ
Umm Al Quwain Free Trade Zone
The Umm Al Quwain Free Trade Zone (UAQ FTZ) is designed to support startups, SMEs, and conglomerates with favorable setup costs, 100% ownership, and no currency restrictions.
Located near Dubai International Airport, UAQ FTZ offers a safe and secure environment for investment, making it an ideal choice for businesses of all sizes.
UAQ FTZ is the most favorable destination for entrepreneurs with an up-to-date legal system, favorable investment environment, affordable living and labor costs, plus convenient access to trading partners across the Middle East, Africa, and Asia.
WHY UAQ FREE TRADE ZONE
Advantages Of Company Setup In UAQFTZ
No share capital is required for branch office.
Full company ownership and profit repatriation.
No corporate or personal taxes.
Import/export tax exemptions.
Ideal for SMEs and micro-businesses.
Wide range of permitted business activities.
Minimal documentation required.
START YOUR COMPANY IN UAQFTZ!
Umm Al Quwain Free Zone License Types
Commercial / Trading License:
This is for businesses involved in importing, exporting, and re-exporting various goods like clothing, food, furniture, and more.
Consultancy License:
The license is used for businesses offering consultancy services in areas like IT, accounting, HR, or management.
Premium Consultancy License:
Similar to Consultancy License, but the license is for specialized services like tourism, engineering, legal, financial, and shipping.
Micro Business License:
The license permits for small startups with limited finances and no need for physical space or residency visas.
General Trading License
The license helps you to seize opportunities of general commerce like import, export, store, and re-export, paving the way for success
Freelance Permit:
The license is for freelancers offering services online, such as content writing, graphic design, and event planning.
Required Documents:
Passport Copies (managers, shareholders, directors).
Proof of manager's address for branch setup.
Certificate of incorporation for branch establishment.
Memorandum and Articles of Association.
Power of attorney and board resolution.
Eligibility Criteria:
Requires a minimum share capital of AED 300,000
Evidence of trade name reservation.
Proof of initial approval for activities.
HOW MUCH DOES UAQFTZ BUSINESS SETUP COSTS?
UAQ Free Zone Trade License, Visa & Other Costs
This table figures out the registration fees, license costs, premium office fees (if applicable), address services costs, benefactor fees (if any), total costs, and visa eligibility for each license type in UAQ Free Trade Zone.
| Type Of License | License Fees (AED) |
|---|---|
|
Commercial License |
2,500 |
|
Consultancy License |
2,500 |
|
General Trading License |
9,500 |
|
Premium Consultancy License |
14,500 |
|
Micro Business License |
9500 |
|
Freelancer Permit |
2500 |
| Visa | Fees (AED) |
|---|---|
|
Investor/Employee Visa |
2,500 |
|
Medical Checkup |
637 |
|
Emirates ID |
370 |
HOW TO START A COMPANY IN UAQ FREE TRADE ZONE?
Our Easy Process To Setup Your Business In UAQFTZ
Selection of the type of business activity for your business plan.
Selection among the legal structures for your business, like an FZE, FZC, or branch of an existing company.
We will check and reserve business name through UAQ Free Trade Zone, ensuring it complies with regulations.
We collect and organize necessary documents based on the legal structure of your business.
Apply for company registration using the required documents from UAQ Free Trade Zone Authorities.
UAQ Free Trade Zone will review your application. Upon approval, you'll receive a notification with fees and payment details.
Sign essential incorporation papers, such as the Memorandum and Articles of Association.
WHY CHOOSE US!
Expert Assistance 24/7
The experts at Now Consultant assist you in streamlining every step of the UAQ FTZ company registration process. We guide you from initial consultations and choosing the right license to document preparation, submission, and even post-registration compliance.
Visa process expertise.
Post-registration assistance.
Bank account facilitation.
Proper Documentation.
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