Promize Zone Consultancy

Umm Al Quwain Free Trade Zone

Umm Al Quwain Free Zone (UAQ FTZ) is an investor-friendly, progressive free zone established to favor small and medium enterprises (SMEs) and micro businesses in the UAE. It offers a variety of facilities and benefits that can help your business succeed in a fast-paced market.

Business Setup in UAQ – Umm Al Quwain Free Zone :

UAQ Free Trade Zone is the smallest Emirate in the UAE but offers all the facilities that larger free zones are proposing. Businesses that are looking for affordable business licenses, offices and warehouses are attracted to Umm Al Quwain Free Zone.

What does UAQ FTZ offers to the investors :

  • Flexibility and simplicity in conducting business
  • Customer-friendly methodology
  • Climate hospitable to investors
  • Excellent potential for expansion
  • Possibilities for leasing office and warehouse space that are affordable

Types of licenses in UAQ Free Zone :

Commercial License :

The Commercial License is designed for businesses that have a product line of items that don’t necessarily fit into any other license. The Commercial License allows import, export, distribution and storing of items specified on the license. A Commercial License can have three different product lines or 10 similar product lines.

General Trading License :

Trade freely in a more narrow range of commodities, giving you more flexibility and the ability to trade any products within the UAE.

Consultancy License :

In the context of the construction industry, a professional card is issued to individuals who are employed to work in the construction industry. It allows two similar activities – working as a builder and running their own business.

Freelance Permit :

Freelance is an individual operating as a independent professional, and conducting business under their own name as opposed to a brand or company.

Industrial License :

The manufacturing process involves the analysis of raw materials, manufacturing the specified products, and exporting the finished products.

Service License :

Services can be carried out in the Free Zone, such as Logistics; Courier Services; Insurance Service Provider; Travel Agency; Tour Services; Car Rental etc.

Legal entities under UAQ FTZ :

  • Free Zone establishment (FZE) – a single shareholder
  • Free Zone Company (FZC) – two to 50 shareholders
  • A branch of an existing company

Business facilities for the companies set up in UAQ Free Zone :

There is no personal or business tax.

  • 100% ownership of the business
  • Capital and profit repatriation in full
  • There are no share capital requirements
  • Within the Free Zone, import and export taxes are completely exempt
  • All business operations are allowed
  • Registration is quick and easy
  • Availability of offices, warehouses, and land
  • Near two international airports and significant seaports
  • Favorable regulations for investors
  • Ideal setting for small and medium-sized enterprises

Documents required to open a business in UAQ FTZ :

  • A copy of the owner’s passport
  • Copies of shareholders’ and directors’ passports
  • Proof of the owner’s or manager’s residence
  • A request form
  • Association’s memorandum and articles
  • A declaration of incorporation
  • Power of attorney and board resolution

We advise that you check with us for the most up-to-date list of documents required since the Umm Al Quwain Free Zone strives to reduce the amount of paperwork needed to start a business.

Our commitment to customer satisfaction is paramount. Our team of professionals is available to start your business quickly and efficiently. We welcome your questions, concerns, and recommendations that could improve how we can serve you.

We are interested in conducting business with you!