Umm al Quwain Free Zone
First time Umm al Quwain launch a Free Zone area named UAQ (umma al Quwain free zone) many people might be not heard about the Emirate of Umm Al Quwain. UAQ is located between Ras Al Khaimah and Ajman. UAQ it’s developing very quickly and improving business day by day, its small area than other emirates States. It’s easy to set up a company in Umm Al Quwain and the bank account will be opened in a Dubai Branch of any bank as per your requirements.
The process is very easy to provide basic documents. Like Passport copy, Photo and a utility bill. UAQ offers various packages starting from zero visas, 1 visa, 2 visas, 3 visas packages. Even if the investor starts a business with zero visas package, and needs a visa then any point of time you can upgrade trade license with visa option.
UAQ offers a completely remotely system for setup a company in the Umm Al Quwain Free zone. The investor doesn’t need to visit the free zone personally and you can hire us as a business consultant PRO, and order a setup being abroad. Only you have to sign the incorporation documents from us and the company will be formed within 2 working days.
UMM AL QUWAIN TYPES OF LICENSE
- Commercial License / Trading License
Umm al quwain offer two types of license which called Commercial License and General Trading License.
Commercial License means to deal in import and export distribution and products storing of it belongs to related commercial license category included 3 different products and 10 similar product lines category.
- General Trading License
this license include import and export and deals in all commodity with freedom and flexibility activities which is permitted within the United Arab Emirates.
- Industrial License
Umm al quwain offer big trade license for import raw material , manufactures , assemble, process, package the specified products and deliver in market and export the finished ready products.
- Consultancy License
Services category also available in Umm al quwain free zone, its allows tow similar activities like offer expert advice or professional advice .
- Freelance Permit
The Freelance Permit is designed for individuals who operate in technology, media and film sectors, and is issued to talent roles, creative roles and selected administrative roles.
- Service License
As a Service providers this permit specified on the license within the free zone, some famous category is logistics, courier services, insurance service provider, travel agency, tour services, Car Rental etc…
UAQ FTZ OFFERS/BENEFITS /ADVANTAGES:
- 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 required for resident visa
- Company registration without personal presence
- Trading and Professional Services can be combined in one company
- Designated Free Zone
- No annual audit
- Low cost of the resident visas
- Business activities without external approvals
- Unlimited upgrading or downgrading of the package any time
- Educational degree is not required for the company owners’ visas
- No need consent from employer to open business if you are employed
UMM AL QUWAIN FREE TRADE ZONE AUTHORITY LICENSE COST
Type of Facility From UAQ
Eligibility of visas are directly related to the office space.
|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 the subject for additional 5% Value Added Tax (VAT)
.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|
Fees are the subject for additional 5% Value Added Tax (VAT).
Additional fee of AED 250 AED might apply if the selected license requires pre-approval.
Start Up package is allowed for 2 years maximum, after that it must be either downgraded or upgraded.
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 the subject for 5% Value Added Tax (VAT).
Company must be registered with the Immigration E-channel, if it is not, then the cost for registration will be 2,150 AED and 5,000 AED for the deposit, which will be refunded in case of company liquidation.
DOCUMENTS FOR UAQ FREE ZONE SETUP
- 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
for more information about cost and process, we are Register Agent of Ummal Quain offer special Discounts deals.
- Business Consultant
- Whats app for more info Whats app : 00971565539955
- Email: email@example.com
- Website: https://www.ajmanbusinesssetup.com