Umm Al Quwain Free Trade Zone Company Setup
The Umm Al Quwain Free Trade Zone lies between Ras Al Khaimah and Ajman, consisting of the modern coastal city of Umm Al Quwain & the inland oasis Falaj Al Mualla. It operates under the ruling of H.H. Sheikh Saud bin Rashid Al Mu’alla, with H.H. Sheikh Rashid bin Saud bin Rashid Al Mu’alla.
It is in the second smallest and least populated emirate in the UAE and is growing into one of the country’s leading business hubs. It is known for its picturesque locations and breezy beaches. UAQFTZ is a well-known leisure destination with a secure and prosperous business environment across all sectors. Its modern legal framework and infrastructures also attract more investments to further its growth.
Advantages of Setting Up Your Business in the Umm Al Quwain Free Trade Zone
Explore Monthly Payment Plans with Selected Banks
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued by any of our participating banks and repay in easy instalments over a period of 12 months.
Steps
Make a minimum purchase of AED 1,000 using your credit card for any services provided by Rapid Zone.
Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
Get the option of paying over 3, 6, 9 or 12 months
*General terms and conditions from the banks will be applicable.
Types of Licenses Offered by Umm Al Quwain Free Trade Zone
Umm Al Quwain Free Trade Zone offers five (5) license types,
depending on the needs of your business in the UAE:
Commercial License
General Trading License
Service License
Industrial License
Freelance Permit
Steps in Setting Up Your Business in the Umm Al Quwain Free Trade Zone
Your company setup process in the UAQFTZ typically takes about one week.
The first step in starting your UAQ Free Zone company is to select the entity and license that best align with your business needs. As stated above, there are three possible entities and five license types to choose from.
At UAQFTZ, business owners can establish their physical workspace- an office, warehouse, coworking space, or a designated land area. Our team can assist you in determining the most suitable business centre for your company.
For companies located in UAQFTZ, the process begins with filling out an application form, which is then submitted to the Umm Al Quwain Free Trade Zone authority along with the required fees. Once this step is completed, we will compile and submit the documents based on your chosen entity. Following the issuance of your business license, you can open a corporate bank account and apply for visas.