Umm ul Quwain Free Trade Zone Business Setup

Umm Al Quwain Free Trade Zone Company Formation

UAQ FTZ is a Free Zone, where modern companies – regardless of the sector in which they conduct – can enjoy doing business in a safe, secure and comfortable environment. UAQ FTZ offers flexibility and ease of doing business, customer-friendly approach, Investor-friendly climate, excellent growth opportunities, cost-effective leasing options for office space, land and warehousing.

Location Of Umm Al Quwain (Uaqftz)

 Positioned close to the UAE’s primary sea ports and within 45 minutes’ drive from Dubai International Airport and Sharjah International Airport, UAQ FTZ is the excellent location to position any business within easy access to the rest of the world.

Products & Services Allowed In Umm Al Quwain Free Trade Zone (Uaqftz) Company Formation

UAQFTZ offers the many amenities which will complement customers’ business conveniences even further – like Offices small and medium size, warehouses, land. Along with other business activities it also provides for premium consultancy service license for certain special activities like shipping & logistics, financial, legal, tourism, Aviation, real estate, oil & gas industry.

Features Of Umm Al Quwain Free Trade Zone (Uaqftz) Company Formation

  • 0% corporate and personal income tax
  • 100 % foreign ownership
  • 100 % capital repatriation
  • Option for FZE, FZC, branches, subsidiaries, representative office
  • Permitted up to 50 shareholders
  • Full range of business activities
  • No currency restrictions
  • 100% import and export tax exemption within the Free Zone
  • Simple and fast registration process with excellent customer support
  • Hi-tech services including office, warehouse and land convenience.
  • Strategic location with access to over two billion consumers
  • Ideal location for SMEs and micro-businesses
  • Close to two international airports and major sea ports
  • Special concessions at UAQ’s sea port
  • No restrictions on hiring foreign employees
  • Modern and investor-friendly rules and regulations

Types Of Licenses In Umm Al Quwain Free Trade Zone (Uaqftz) Company Formation

Commercial License

This authorizes the import- export, distribution and storing of goods specified on the license. A Commercial License can have three different product lines or 10 similar product lines.

General Trading License

This permits the licensee to trade in a larger range of activities and gives the freedom and resilience to trade in any asset which is allowed within the UAE.

Consultancy License

This is for individualswho offer expert or professional consultation and is expressed to all manner of professionals counting artisans and craftsmen. It allows two similar activities.

Freelance Permission

This permit is made for entities that functions in technology, media and film sectors, and is issued to talent roles, creative roles and chosen administrative roles.This grants an individual to function as a freelance professional, and administer trade in one’s birth name as defending to a brand name or company/institution.

Industrial License

This allows the licensee to import raw materials, then manufacture/ process / assemble / package the mentioned products, and export the finished goods. It permits the holder to import raw materials for the purpose of manufacturing, transaction and/or assembly of specified products.

Service License

This license is for service providers. It allows the licensee to carry out the facilities mentioned on the license within the Free Zone, such as Logistics; Courier Services; Insurance Service Provider; Travel Agency; Tour Services; Car Rental etc.

Benefits Of Umm Al Quwain Free Trade Zone (Uaqftz) Company Formation

  • 0% corporate and personal income tax
  • 100 % foreign ownership
  • 100 % capital repatriation
  • Option for FZE, FZC, branches, subsidiaries, representative office
  • Permitted up to 50 shareholders
  • Full range of business activities
  • No currency restrictions
  • 100% import-export tax exemption in the Free Zone
  • Simple and fast registration process with excellent customer support
  • Hi-tech facilities including office, warehouse and land availability
  • Strategic location with access to over two billion consumers
  • Ideal location for SMEs and micro-businesses
  • Close to two international airports and major sea ports
  • Special concessions at UAQ’s sea port
  • No restrictions on hiring foreign employees
  • Modern and investor-friendly rules and regulations

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