Umm Al Quwain Free Trade Zone

Business Setup in Al Quwain Free Trade Zone (UAQ FTZ)

Established in 2014, the Umm Al Quwain Free Trade Zone (UAQ FTZ) is located in the Emirate of Umm Al Quwain, approximately 50 minutes from the Dubai International Airport and the Sharjah International Airport. UAQ FTZ is easily accessible via Sheikh Mohammed Bin Zayed Road, and nearby seaports, which makes it an effective location for business setup in UAE.

UAQ FTZ offers free zone company formation with 100% foreign ownership, and zero corporate or personal tax. Companies choosing UAQ FTZ for free zone business setup can also import goods duty free. With these benefits, international trading businesses that require free zone company formation in UAE can release goods and retain them as stock for re-export without paying custom duties, significantly reducing costs and overhead. With special concessions available at the emirate’s seaport, UAQ FTZ has focused on creating an efficient and business-friendly environment. Additionally, companies can take advantage of UAQ FTZ’s cost-effective licensing whilst using the UAE’s larger ports by registering the company with the port’s custom authority and obtaining an import code.

Licenses Available

UAQ FTZ provides 6 types of licenses for free zone business setup:

Commercial License
Under a commercial license, a business that chooses UAQ FTZ for free zone company formation can import, export, distribute, and store the item listed on the license. Companies can have up to different items or 10 similar products listed on a commercial license.

General Trading License
With a general trading license, companies can trade a wide range of products and any commodity permitted by UAE law. This license is a cost-effective choice for businesses with multiple different product lines but that require free zone business setup in UAE.

Industrial License

Under this license, businesses can import raw materials and manufacture, assemble, process, and/or package specified products. UAQ FTZ has warehouses and plots of land available for this free zone company formation option.

Consultancy License

For businesses offering expert or professional services and advice, such as management consulting, accounting services, and IT services, the UAQ FTZ consultancy license is a cost-effective option. To streamline the registration process, the free zone has removed some requirements for selected consultancy license activities, making free zone company formation for certain professionals more hassle-free in UAQ FTZ.

Service License

Service providers, such as travel agencies, courier services, car rental agencies, and logistics companies can choose a service license for free zone business setup in UAQ FTZ.

Freelance Permit

Similar to other free zones, UAQ FTZ’s freelance permit allows an individual to operate a business under the person’s birth name, and not a brand or company name. UAQ FTZ freelance permits are restricted to roles in technology, media and film, talent and creative roles, and certain administrative positions.

Real Estate Options Available

UAQ FTZ has several real estate options for businesses to choose for free zone company formation. Plots of land and warehouses are available for manufacturing, industrial, and trading operations. Consultancies, service providers, and freelancers can select from fully furnished offices, serviced desks, and flexi desks at UAQ FTZ’s on-site business centre.