UMM AL QUWAIN Free Trade Zone (UAQ FTZ)
His Highness Sheikh Saud Bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Quwain, and His Highness Sheikh Rashid Bin Saud Bin Rashid Al Mu’alla, Crown Prince of Umm Al Quwain, are patrons of the Umm Al Quwain Free Trade Zone (UAQ FTZ). UAQ FTZ is conveniently located 45 minutes from Dubai International Airport and is well-connected to the UAE’s main seaports.
UAQ FTZ’s business community guarantees a safe and prosperous environment for all types of businesses from all sectors. Its modern legal system, as well as its infrastructure, are attracting an increasing number of investments. Setting up your company in the Free Zone through Creative Zone provides you with the advantages of cheap startup costs and transparent operation.
BUSINESS FACILITIES
- There is no business or personal tax.
- The business is owned entirely by its employees.
- Capital and earnings are fully repatriated.
- There are no equity capital requirements.
- Within the Free Zone, all import and exit taxes are exempt.
- Full range of commercial activities are allowed.
- The registration procedure is simple and quick.
- Office, warehouse, and property are all available.
- Two international airports and important seaports are nearby.
- Rules and laws that are beneficial to investors.
- This is an excellent spot for SMEs and micro-businesses.
TYPES OF LICENSES
The following permits are available to a UAQ Free Zone Company:
Commercial License: Import, export, distribution, and storage of license-specified goods. A Commercial License can have three distinct product lines or ten product lines that are identical.
General Trading License: allows you to engage in a broader range of activities, allowing you the freedom and flexibility to trade in any commodity permitted in the UAE.
Consultancy License: This license is given to all types of professionals, including artisans and craftspeople, who provide expert or professional guidance. It provides for two related activitie