Start your Business Today in
Umm Al Quwain Free Trade Zone
Umm Al Quwain Free Trade Zone (UAQ FTZ) offers a premier business environment for entrepreneurs and international companies looking to establish a strong presence in the UAE. Strategically located just 45 kilometers from Dubai, UAQ FTZ provides a cost-effective and streamlined solution for business setup. With its investor-friendly policies, modern infrastructure, and a wide array of licensable activities, UAQ FTZ is an ideal destination for startups, SMEs, and large enterprises alike.
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Why Umm Al Quwain Free Trade Zone?
100% Foreign Ownership
Enjoy complete ownership of your business without the need for a local partner.
Zero Corporate Tax
Benefit from a tax-free environment, maximizing your profits.
Quick and Easy Setup
Experience a hassle-free and remote company formation process.
Cost-Effective Solutions
Take advantage of some of the most affordable business setup packages in the UAE.
License Options at Umm Al Quwain Free Trade Zone
Commercial License
For businesses involved in trading, import, export, and distribution of goods.
Consultancy License
For professionals offering expert advice in fields like management, marketing, and IT.
Freelance Permit
An ideal solution for individuals operating as freelance professionals in various sectors.
Industrial License
For businesses engaged in manufacturing, processing, and assembly of products.
Key Requirements for Getting a License in Umm Al Quwain Free Trade Zone
Individual Shareholder
- Application forms duly signed by the authorised signatory
- 3-year business plan
- Passport and visa copy of shareholders / directors, and manager
- CV of shareholder (s) / directors / manager
- Stamped original bank reference letter; or 6-month bank statement
Corporate Shareholder
- Application forms duly signed by the authorised signatory
- Audited financial report
- Copy of company profile
- 3-year business plan
- Letter from the shareholding company for the appointment of a manager
- Board resolution calling for the establishment of a Meydan Free Zone company, attachment of specimen signature, passport copy & power of attorney for manager, director & secretary
- Company documents issued within a day
- Capital repatriation without restrictions
- 0% import or re-export duties
- 0% personal income tax
- Easy bank account setup
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Steps to Launching Your Business
Take the first step towards success with our expert guidance.
1
Document Collection and Submission
Gather all necessary documents such as passport copies, business plan, and application forms. Submit these to the relevant government authorities or free zone administrators.
2
Pre-Approval Process
Authorities review the submitted documents to ensure they meet the regulatory requirements. Pre-approval may include initial checks on the business activity, trade name, and ownership structure.
3
Document Signing
Sign the required legal documents, which might include the Memorandum of Association (MOA), lease agreements, and any other agreements required by the business setup authority.
4
License Issuance
Once the documents are approved and signed, the business license is issued. This license officially allows you to conduct business in the UAE under the specified activity.
5
Establishment Card
If you are starting a business in the UAE, you would need to have an establishment card to complete any procedure related to hiring new employees or issuing their visas.
6
Visa Issuance
Apply for visas for you and your employees. This process includes medical tests, Emirates ID registration, and obtaining the residency visa stamp on passports.
7
Bank Account Process
Opening a business bank account in the UAE is useful when registering your company in the UAE. Open a corporate bank account with a local bank. Provide the bank with all required documents, including the trade license, MOA, passport copies, and residency visas of the company’s shareholders and signatories.
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