When Umm al Quwain launched a free zone area named UAQ (Umm al Quwain Free Zone) for the first time, many people might not have heard about the Emirate of Umm al Quwain. UAQ is located between Ras Al Khaimah and Ajman. It’s developing very quickly and improving business day by day. It’s a smaller area than other Emirates states. It’s easy to set up a company in Umm Al Quwain, and a bank account will be opened at any bank in Dubai as per your requirements.
It is very easy to provide basic documents like a passport copy, a photo, and a utility bill. UAQ offers various packages, including zero visas, 1 visa, 2 visas, and 3 visa packages. Even if the investor starts a business with a zero visa package and needs a visa at any point, you can upgrade your trade license with a visa option.
UAQ offers a completely remote system for setting up a company in the Umm Al Quwain Free Zone. The investor doesn’t need to visit the free zone personally. You can hire us as a business consultant and order a setup abroad. Only you have to sign our incorporation documents, and the company will be formed within two working days.
Umm al Quwain Free Zone
UMM AL QUWAIN TYPES OF LICENSE
UAQ FTZ OFFERS/BENEFITS /ADVANTAGES:
Commercial License / Trading License
Umm al Quwain offers two types of licenses: a Commercial License and a General Trading License.
A commercial license means dealing with import and export, distribution, and product stores, and these are all related commercial license categories, including three different products and ten similar product lines.
General Trading License
this license includes import and export and deals in all commodities with freedom and flexibility activities permitted within the United Arab Emirates.
Industrial License
Umm al Quwain offers big trade licenses for importing raw materials, manufacturing, assembling, processing, packaging the specified products, delivering them to the market, and exporting the finished products.
Consultancy License
The services category is also available in the Umm al Quwain free zone, allowing similar tow activities like expert or professional advice.
Freelance Permit
The Freelance Permit is designed for individuals in technology, media, and film. It is issued to talent, creative, and selected administrative roles.
Service License
As a Service provider, this permit is specified on the license within the free zone. Some famous categories are logistics, courier services, insurance, travel agency, tour services, and Car Rental.
- Flexibility and ease of doing business
- Customer-friendly approach
- Investor-friendly climate
- Excellent growth opportunities
- Cost-effective leasing options for office space and warehousing
- Fast setup: 1 day
- No health insurance is required for the resident visa
- Company registration without personal presence
- Can combine trading and professional services into one company
- Designated Free Zone
- No annual audit
- Low cost of resident visas
- Business activities without external approvals
- Unlimited upgrading or downgrading of the package at any time
- An educational degree is not required for the company owners’ visas
- There is no need for consent from the employer to open a business if you are employed
UMM AL QUWAIN FREE TRADE ZONE AUTHORITY LICENSE COST
Type of Facility From UAQ
The eligibility for visas is directly related to the office space.
Items | Visa Eligibility |
Flexi Desk for Micro | No Visa |
Flexi Desk for Start-Up package | 1 Visa (For investor Only) |
Flexi Desk for Trading/ Consultancy | 2 Visas |
Flexi Desk for Premium or General Trading | 3 Visas |
Note: Fees are subject to an additional 5% value-added tax (VAT)
Note:
Fees are subject to an additional 5% Value Added Tax (VAT).
An additional fee of AED 250 AED might apply if the selected license requires pre-approval.
The start-up package is allowed for a maximum of two years; after that, it must be either downgraded or upgraded.
Umm al Quwain Free Zone Company formation Fees
.1st Year | .2nd Year | |
---|---|---|
Start-Up package* – with 1 Visa eligibility (for Investor only) | AED 13,500 | AED 13,500 |
Micro Business License (excluding facility and visa) | AED 13,500 | AED 11,500 |
Smart Business License – 1 Visa eligibility (for Investor only) | AED 16,500 | AED 14,500 |
Regular Trading/Consultancy License (2 visas) | AED 20,500 | AED 18,500 |
Premium Consultancy License (3 visas) | AED 32,500 | AED 30,500 |
General Trading License (3 visas) | AED 27,500 | AED 25,500 |
UMM AL QUWAIN FREE TRADE ZONE Visa COST
UMM AL QUWAIN FREE TRADE ZONE Visa COST
Residence visa in Umm al Quwain Free Zone
Residence Visa in UAQFTZ | FEES (AED) |
Investor Visa Fees (Valid for 3 years) | 2500 |
Employment Visa Fees (Valid for 2 years) | 2200 |
Visa Status Change | 1200 |
Medical Test, Emirates ID & Photo | 1240 |
MBC Service Fees | 2500 |
Note: Fees are subject to 5% Value Added Tax (VAT). The company must be registered with the Immigration E-channel. If it is not, the registration cost will be 2,150 AED and 5,000 AED for the deposit, which will be refunded in case of company liquidation.
UMM AL QUWAIN FREE TRADE ZONE Visa COST
UMM AL QUWAIN FREE TRADE ZONE Visa COST
Residence visa in Umm al Quwain Free Zone
Residence Visa in UAQFTZ | FEES (AED) |
Investor Visa Fees (Valid for 3 years) | 2500 |
Employment Visa Fees (Valid for 2 years) | 2200 |
Visa Status Change | 1200 |
Medical Test, Emirates ID & Photo | 1240 |
MBC Service Fees | 2500 |
Note: Fees are subject to 5% value-added tax (VAT). The company must be registered with the Immigration E-channel. If it is not, the registration cost will be 2,150 AED and 5,000 AED for the deposit, which will be refunded in case of company liquidation.
UMM AL QUWAIN FREE TRADE ZONE Visa COST
UMM AL QUWAIN FREE TRADE ZONE Visa COST
Residence visa in Umm al Quwain Free Zone
Residence Visa in UAQFTZ | FEES (AED) |
Investor Visa Fees (Valid for 3 years) | 2500 |
Employment Visa Fees (Valid for 2 years) | 2200 |
Visa Status Change | 1200 |
Medical Test, Emirates ID & Photo | 1240 |
MBC Service Fees | 2500 |
Note: Fees are subject to 5% Value Added Tax (VAT). The company must be registered with the Immigration E-channel. If it is not, the registration cost will be 2,150 AED and 5,000 AED for the deposit, which will be refunded in case of company liquidation.
UMM AL QUWAIN FREE TRADE ZONE Visa COST
UMM AL QUWAIN FREE TRADE ZONE Visa COST
Residence visa in Umm al Quwain Free Zone
Residence Visa in UAQFTZ | FEES (AED) |
Investor Visa Fees (Valid for 3 years) | 2500 |
Employment Visa Fees (Valid for 2 years) | 2200 |
Visa Status Change | 1200 |
Medical Test, Emirates ID & Photo | 1240 |
MBC Service Fees | 2500 |
Note: Fees are subject to 5% Value Added Tax (VAT). The company must be registered with the Immigration E-channel. If not, the registration cost will be 2,150 AED and 5,000 AED for the deposit, which will be refunded in case of company liquidation.
DOCUMENTS FOR THE UAQ FREE ZONE SETUP
DOCUMENTS PROCEDURE
INDIVIDUAL SHAREHOLDER
- Passport
- UAE entry stamp copy
- Passport size photo
- Latest utility bill as address proof
- Description of business
- 1 day: Company name and activity approval
- 1 day: Company formation
- 1-3 weeks: Establishment card
- 1 week: Entry permit
- 1 day: Medical Check-Up and Emirates ID
- 1 week- Visa stamping
- Contact us For more information about cost and process, we, the Register Agent of Umm al Quwain, offer special Discount deals.
- Business Consultant
- Whatsapp for more info Whatsapp: 00971565539955
- Email: info@ajmanbusinesssetup.com
- Website: https://www.ajmanbusinesssetup.com
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