Best Umm Al Quwain Free Trade Zone in UAE

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Umm Al Quwain Free Trade Zone Company Setup

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Umm Al Quwain Free Trade Zone

Why Choose Umm Al Quwain Free Trade Zone?

Umm Al Quwain Free Trade Zone (UAQ FTZ) offers a range of benefits that make it an attractive option for businesses looking to establish a presence in the UAE. Key advantages include:

Variety of Consultancy and Trading Activities: UAQ FTZ supports a wide range of consultancy and trading activities suitable for various business types.
No Physical Presence Required: Shareholders are not required to be physically present in the UAE to set up a company in UAQ.
Limited Liability: UAQ Free Zone companies have limited liability, protecting shareholders’ personal assets.
100% Repatriation of Capital and Profits: Business owners can fully repatriate profits and capital.
100% Foreign Ownership: Foreign investors can own 100% of their company, with no need for a local partner.
Zero Corporate and Personal Income Tax: UAQ FTZ offers 0% tax on both corporate profits and personal income.
Quick Company Formation: The process for setting up a company is streamlined and efficient, allowing for fast registration.

Set up your Company by taking the following three (3) steps

3 Simple Steps

Step 1

CUSTOMISE YOUR PACKAGE

Step 2

SUBMIT APPLICATION & DOCUMENTS

Step 3

RECEIVE YOUR BUSINESS LICENCE

Pricing Packages

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Here are the timelines for establishing a free zone company in Umm Al Quwain Free Trade Zone, UAE.

Timeline

Day 1

Application submission

You will sign and submit your application.

Day 2

Reservation of company name

We will reserve the name of your company.

Day 3

Submit documents to Shams Free Zone

We will submit your application along with the required documents.

Here are some of the key features of free zone companies established in Umm Al Quwain Free Trade Zone, Umm Al Quwain.

Key Features

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.

Here are some answers to some of the most common questions related to AMCFZ.

Frequently Asked Questions

What is the cost of setting up a free zone company in Umm Al Quwain Free Trade Zone?

Umm Al Quwain Free Trade Zone offers company formation packages starting from AED 28,999 only.

Do I need to be in the UAE to set up a company in Umm Al Quwain Free Trade Zone?

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.

When can I set up my bank account?

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.

Do I need a local sponsor to set up a company in Umm Al Quwain Free Trade Zone?

No, you do not need a local sponsor to set up a company in Umm Al Quwain Free Trade Zone

How long would it take 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.

Do I need to have an actual office space to set up my company in Umm Al Quwain Free Trade Zone?

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.