UAQ Free Zone
The UAE has more than 40 specialized free zones where expatriates and international investors can own 100% of their businesses. These zones are distinguished by their highly efficient infrastructure and services, enabling seamless processes and saving firms significant time and effort.
Umm Al Quwain free zone is one of the emirates in the UAE that is ever-growing in terms of its economy. Therefore, the Umm Al Quwain business setup is appropriate for entrepreneurial ventures, and it provides the required necessities for different other business initiatives.
Umm Al Quwain free trade zone provides a fully remote system for establishing an Umm Al Quwain Free Zone business. Investors do not need to travel to the free zone; instead, they may employ a business consultant PRO and arrange a setup from afar.
Characteristics of UAQ Free Zone
|Characteristic Type||Characteristic Trait|
|Company Type||Free Zone Company (FZCO)|
|Governing Body||Umm Al- Quwain Free Trade Zone Authority|
|Minimum Number of Shareholders||1|
|Minimum Number of Managers||1|
|Accounting and Book Keeping Requirements||No|
|Renewal Date||Annual Date of Incorporation|
|Visa Type||Employment Visa Only|
|Ownership||100 Percent Foreign Ownership|
|Type of Activities||Industrial , Commercial and Service|
|Duty for Import and Export||0%|
|Duration For Company Formation||4-6 Days|
|Paid Up Capital||No Paid Up Capital|
|Local Partner Required||No|
- Color Passport Copy
- Visa status copy / Entry stamp copy
- Passport Size Photo
- Other documents depending on the business activity
What makes UAQ unique and beneficial for the business setup is that UAQ free trade zone is adjacent to the UAE's primary sea ports. Umm Al Quwain free trade zone is 45 minutes from Dubai International Airport and is suitable for entrepreneurs, start-ups, and small businesses.
The 'blue economy' initiative, which was unveiled at the World Government Summit in Dubai, seeks to increase the emirate's gross domestic product by 2031, achieve net-zero emissions, and allocate 20% of Umm Al Quwain to nature reserves.
|Founded in the Year||2014|
|Governing Authority||Umm Al Quwain Free Zone Authority|
|Future Projects||'Blue Economy'|
Complete the Application Form
Submit Your Documents to the Authority
Obtain Your License
Obtain Your Residency Visa
Open Your Bank Account
Terms and Conditions
*Duration is subject to the constraints of the due diligence procedure.
**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.
***The required documents must be provided for every individual related to the company.
Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.
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Get our assistance to understand more about regulation, market structure, and post-company growth procedures. Business Setup Worldwide in the UAE, international business consultants meet with experienced business formation experts. In addition, we provide consulting and advising services to help you prepare documentation and provide guidance throughout the process, ensuring that everything is done appropriately. Contact us today for more queries.
What is the cost of the Umm Al Quwain trade license?
What is the maximum number of shareholders I may have while forming a company in UAQ?
What is the time frame for renewing a license in UAQ?
6-7 working days.
What are the legal entities in the UAQ free zone?
- Free Zone Establishment (FZE) – a single shareholder.
- Free Zone Company (FZC) – two to 50 shareholders.
- A branch of an existing company.
What are the approved licenses in the UAQ free zone for business activities?
- General trading license
- Industrial license
- Consultancy license
- Freelance license
- Service license