Umm Al Quwain Free Trade Zone Company

Incorporate your Umm Al Quwain Free Trade Zone Company in 3 simple steps:

  • Choose your package and apply.
  • We will incorporate your UAQ free zone company.
  • We will deliver your trade license.
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3 Simple Steps

Start your UAQ Free Zone Company in 3 easy steps

Step 1
Step 1

Choose your package and apply now

Step 2
Step 2

We will establish your company

Step 3
Step 3

You will receive your UAQ license

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Emirates NBDMashreq BankRAK BankEmirates IslamicDubai Islamic BankNoor Bank

Pricing

The below promotional packages for Umm Al Quwain Free Trade Zone are offered for a limited time.

Commercial License - No Visa
AED 33,999AED 28,999
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 26,999 (all inclusive)

General Trading License - No Visa
AED 40,999AED 35,999
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 32,999 (all inclusive)

**Terms and conditions for visa related packages:

  1. Each trade license has the option of 3 different activities or 10 similar activities.
  2. The pre- approval is applicable to some nationalities – AED 1000
  3. UAQ FTZ allows you to secure a trading activity along with a consultancy activity in one (1) license.
  4. eChannel registration for visa: For all visa packages, eChannel registration fee of AED 7,200 shall be payable (AED 5,000 is a refundable security deposit).
  5. The fee for medical fitness (being AED 300 for normal and AED 875 for express service) is payable directly.
  6. The fee for Emirates ID application (being AED 370) is payable directly.
  7. Establishment Card cost: AED 1,400 for three (3) years.
  8. Visa status change cost: AED 800 payable at the change of visa status change, if required.

Timelines

Here are the timelines for establishing a free zone company in Umm Al Quwain Free Trade Zone, UAE.

1

Day 1 – Application submission

You will sign and submit your application.

2

Day 3 – Reservation of name

We will reserve the name of your company with UAQ FTZ.

3

Day 4 – Submit documents to UAQ FTZ

We will submit your application along with the required documents to UAQ FTZ.

4

Day 6 – Trade license is issued

Your trade license will be issued by UAQ FTZ. We will send you a scanned copy for you to start your business activity.

5

Day 7

Original company documents will be available for collection at our offices.

6

Day 21

The Immigration Card will be issued by Umm Al Quwain Immigration. This will enable you to apply for your visa.

7

Day 21

You will need to submit your visa application forms along with the required documents to us.

8

Day 26

Your UAE entry visa will be issued and sent to you by email.

9

Day 27

You can proceed with the blood test and then stamping of the residence visa on your passport once the blood test report has been issued.

Umm Al Quwain Free Trade Zone

Why Umm Al Quwain Free Trade Zone?

  • Wide range of consultancy and trading activities are available
  • Shareholders are not required to be physically present in the UAE for UAQ company formation
  • UAQ free zone companies have limited liability
  • 100% repatriation of capital and profits
  • 100% foreign ownership allowed
  • 0% corporate or personal income tax
  • Quick company formation process

Key Features

Here are some of the key features of free zone companies established in Umm Al Quwain Free Trade Zone, Umm Al Quwain.

Umm Al Quwain Free Trade ZoneUmm Al Quwain Free Trade Zone is based in the Emirate of Umm Al Quwain.
Type of CompanyFree zone limited liability company.
TaxesAll companies in Umm Al Quwain Free Trade Zone are exempt from corporate taxes.
100% Ownership100% shares can be owned by foreign nationals.
Time zoneConvenient world time zone: GMT+4
Paid up capital requirementNo paid requirements for paid up capital.
Minimum shareholdersA person in charge is required to be appointed for each company.
Umm Al Quwain Free Trade Zone
Umm Al Quwain Free Trade Zone is based in the Emirate of Umm Al Quwain.
Type of Company
Free zone limited liability company.
Taxes
All companies in Umm Al Quwain Free Trade Zone are exempt from corporate taxes.
100% Ownership
100% shares can be owned by foreign nationals.
Time zone
Convenient world time zone: GMT+4
Paid up capital requirement
No paid requirements for paid up capital.
Minimum shareholders
A person in charge is required to be appointed for each company.

Frequently Asked Questions

Here are some answers to some of the most common questions related to Umm Al Quwain Free Trade Zone.

What is the cost of setting up a free zone company in Umm Al Quwain Free Trade Zone?
Umm Al Quwain Free Trade Zone offers company formation packages starting from AED 28,999 only.
Do I need to be in the UAE to set up a company in Umm Al Quwain Free Trade Zone?
No. You will be required to have visited the UAE at least once for the Umm Al Quwain Free Trade Zone company formation packages with residence visa.
When can I set up my bank account?
Once your Umm Al Quwain Free Trade Zone company has been established, you can apply for opening a corporate bank account with any of the banks in the UAE.
Do I need a local sponsor to set up a company in Umm Al Quwain Free Trade Zone?
No, you do not need a local sponsor to set up a company in Umm Al Quwain Free Trade Zone
How long would it take to set up a company in Umm Al Quwain Free Trade Zone?
The timeframe in setting up a company in Umm Al Quwain Free Trade Zone is 5-6 working day after you have signed and submitted the application forms and the required documents. Any further process for the visa issuance is outlined in our Timelines section above.
Do I need to have an actual office space to set up my company in Umm Al Quwain Free Trade Zone?
There is no requirement for an office space to set up a company with UAQ. If you choose the license package with visa, UAQ will provide you with office rental agreement.

Government Departments

We can help you with the processes in the following government departments.

Dubai Economy Department
Dubai Courts
UAE Ministry of Economy
UAE Ministry of Labour
abu dhabi Judiciary department
RTA
Land Department
RERA
Ministry of Justice UAE
Ministry of Foreign Affairs UAE

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