Alpha Equity Consultancy LLC

Facebook Linkedin Youtube

Umm Al Quwain Free
Trade Zone

Alpha Equity can help you leverage the benefits of UAQ FTZ to establish and grow your business efficiently.

Key Landscapes

Strategic Location: UAQ FTZ is conveniently positioned near major transportation hubs, including:

  • 30 minutes to 1 hour drive from Dubai and Sharjah International Airports
  • proximity to the UAE’s primary seaports
  • Direct access to UAQ port

Business-Friendly Environment:

  • 100% foreign ownership allowed
  • 0% corporate and personal tax (subject to meeting specific requirements)
  • 100% repatriation of capital and profits
  • No currency restrictions
  • 100% import and export tax exemption within the Free Zone

Infrastructure: The free zone provides modern facilities, including offices, warehouses, and land plots for industrial use

Benefits for Startups and SMEs

UAQ FTZ is particularly attractive for startups and SMEs due to:

  • Cost-effective leasing options
  • Low operational costs
  • Simplified registration process
  • No minimum capital requirements
  • Supportive ecosystem for entrepreneurs

Diverse Business Activities: UAQ FTZ offers over 1500 business activities, catering to a wide range of industries

1

Commercial License

2

General Trading License

3

Service License

4

Freelance Permit

5

General Trading

6

Industrial License

Umm Al Quwain Free Trade Zone (UAQFTZ)

Recent Developments

By 2023, UAQ FTZ is now recognised as a free zone cabined Decision No. 54 of 2023, making it even more attractive as a place to recommend by the business that seeks profitable fiscal and regulatory environment

The Umm Al Quwain Free Trade Zone is an attractive package of advantages, i.e. perfect strategic location, tax incentives, multiplicity of business opportunities, and favorable infrastructure. Its status as a special free zone also solidifies it as a desirable place where companies can settle when trying to make a way in the UAE.

In Umm Al Quwain Free Trade Zone (UAQ FTZ) establishing a company goes through several fundamental steps including:

Choose Your Business Activity and Legal Entity

First, determine the type of business activity you plan to undertake

UAQ FTZ offers over 1,500 business activities across various sectors, including trading, manufacturing, and consulting

Then, select an appropriate legal entity:

  • Free Zone Establishment (FZE): For single shareholders
  • Free Zone Company (FZC): For two to fifty shareholders
  • Branch of an Existing Company

Everything in UAQ FTZ is a limited liability company (LLC), and has to designate a natural person as manager, director and secretary.

Umm Al Quwain Free Trade Zone (UAQFTZ)
Umm Al Quwain Free Trade Zone (UAQFTZ)

Name Reservation and Documentation

Register your name of choice in business and make sure you abide by the UAQ FTZ naming standards.

Prepare the required documents, which typically include:

  • Completed application form
  • Passport copies of shareholders and directors
  • Business plan
  • No Objection Certificate (NOC) from current sponsor (for UAE residents)
  • Memorandum and Articles of Association

Application Submission and Review

Apply and submit your application and documentation to the authority of the UAQ Free Trade Zone.

The department will process your application and notify you the requirements or steps to take.

Pay Registration Fees

After the payment and verification of the documents are done, your company shall be issued with trade license by the UAQ Free Trade Zone Authority

This legalizes you to continue the conduct of business in the free zone.

Additional Steps

  • Occupying Premises: In case lease space, warehouses or land is needed, lease it out of UAQ FTZ
  • Visa Processing: to start visa procedures with yourself and employees in case of necessity
  • Create Bank Account: Deposit a corporate banking account to take care of your business finances

Timeframe and Costs

The typical duration of establishing UAQ FTZ business is about 3-5 days when the shareholders are natural persons.

Prices depend on a kind of license and other accompanying services. The fee in license begins with AED 13,900 on primary type of Flexi-desk Company Setup within UAQFTZ, which is about AED 13,900 (USD 3,690).

Our business setup consultants will easily establish your company here in the UAQ Free Trade Zone with the help of authorities. With these steps, our business setup consultants will ensure you start doing business in this free zone that is strategically placed.

FEEL FREE TO CONTACT US FOR ANY ENQUIRY

We will be more than happy to help you. You can also Contact via our inquiry form