Umm Al Quwain Free Trade Zone (UAQ FTZ)

Free zone is a particular geographical area in the emirate where 100% foreign ownership is allowed. Free zones do not require partnership with a UAE citizen or with a local service agent.

  • Founded in:  2014
  • Location:  Umm-al-quwain
  • Time for registration: 6-7 days
  • Types of licenses: trade, service, freelance, industrial
  • Types of companies:  a new company, branch, subsidiary
  • Share capital:  minimum share capital is AED 300,000/ USD 82,190 (depositing into bank account is not required)

Umm Al Quwain Free Zone (UAQ FTZ) Company Setup

Umm Al Quwain Free Zone (UAQ) is located in the emirate of Umm Al Quwain, which is a 45 min ride from Dubai International Airport and International Airport of Sharjah.

Umm Al Quwain Free Zone was established in 1987 under a different name and it was in 2014 when the freezone was re-named into UAQ FTZ.

UAQ exercises the experience of the older free economic zones. Management of Umm Al Quwain Free Zone decided to give its clients a possibility to get any type of license, including freelancer license. Clients can rent a flexi-desk, office, working space in a business center or lease a warehouse or a plot of land.

FACTS YOU SHOULD KNOW ABOUT Umm Al Quwain Free Trade Zone (UAQ FTZ)

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COSTS OF BUSINESS SETUP

Umm Al Quwain Free Trade Zone (UAQ FTZ)
  •  
  • LICENSES
    (COMMERCIAL AND CONSULTING)
    UAQ Fees
  • Registration feeAED 2,000/ USD 548
  • License feeAED 2,500 / USD 685
  • Premium office*AED 16,000 / USD 4,384
  • TOTALAED 20,500/ USD 5,617
  • LICENSE
    (GENERAL TRADING)
    UAQ Fees
  • Registration feeAED 2,000/ USD 548
  • License feeAED 9,500 / USD 2,603
  • Premium office*AED 16,000 / USD 4,384
  • TOTALAED 27,500 / USD 7,535

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