Umm Al Quwain Free Trade Zone Company Setup
- Startup accelerator to support SMEs
- Good road infrastructure offers logistical benefits
- Concessions at UAQ’s seaport
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
3 Simple Steps
Start your UAQ Free Zone Company in 3 easy steps
Initial consultation
Application preparation and submission
Business license issuance
Client Testimonials
“Fantastic service, all queries answered quickly and efficiently and in an easy to read manner so I could understand what was required every step of the way. Highly recommend this service.”
Pricing Packages
Get in touch with us to receive a customized quote for your company formation
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Timelines
Here are the timelines for establishing a free zone company in Umm Al Quwain Free Trade Zone, UAE.
Day 1 – Application submission
You will sign and submit your application.
Day 3 – Reservation of name
We will reserve the name of your company with UAQ FTZ.
Day 4 – Submit documents to UAQ FTZ
We will submit your application along with the required documents to UAQ FTZ.
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.
Day 7
Original company documents will be available for collection at our offices.
Day 21
The Immigration Card will be issued by Umm Al Quwain Immigration. This will enable you to apply for your visa.
Day 21
You will need to submit your visa application forms along with the required documents to us.
Day 26
Your UAE entry visa will be issued and sent to you by email.
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.
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 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.
Umm Al Quwain Free Trade Zone offers company formation packages starting from AED 28,999 only.
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.
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.
No, you do not need a local sponsor 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.
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.