Setup your company in Umm Al Quwain Freezone
Umm Al Quwain Freezone is situated in Umm Al Quwian, a friendly, dynamic and prosperous emirate with modern foundation. Well-known for its desert landscape and special widely varied vegetation, it’s a good leisure destination also within the UAE and is just 45 km from Dubai.
Umm Al Quwain’s steady economy, open investment atmosphere and low expenses of living and labors make it a vital business base with the MENA district, Subcontinent, Far East and European markets all inside simple reach
Best for Business
UAQ Freezone is near to seaports of UAE and just an hour drive of Dubai International Airport and Sharjah International Airport, guaranteeing simple way in to the worldwide.
Establishing a commercial base in the UAE has never been simpler but due to UAQ’s Freezone investor friendly environment it became possible.
It’s the Freezone of the future, in which modern companies, irrespective of the arena wherein they perform – can experience doing enterprise in a safe, relaxed and prosperous environment. With UAQ FTZ, the sky’s the limit.
Types of License
As specified on the license it allows storage of objects, supply, import and export. A commercial license will have 10 similar and 3 different product lines.
General Trading License
A wider range of activities are allowed in this license and gives full choice and flexibility to trade in any service that’s acceptable in UAE.
This permits the licensee to import raw substances, then manufacture, assemble process, package the products, and export the completed product. It allows the holder to import raw materials for the cause of manufacturing, processing and/or assembly of products.
It allows the licensee to perform services shown on the license inside the Freezone such as logistics, courier services, and insurance service provider, travel agency, tour services, car leasing etc. Basically it’s for service providers.
This license is for units that provide professional or expert recommendation and is issued to all of the experts which include craftsmen and builders. It also allows two related activities.
This permits a person to work as a freelance expert, and carry out business in a person’s beginning name rather than a trade or brand name or organization. The Freelance permit is planned for those working in film sectors, technology, media/publishing, and issued to ability roles, inventive roles and selected managerial roles.
Following are the benefits of UAQ Freezone
- No currency restrictions
- 100% company ownership
- 100% repatriation of capital and profits
- 0% corporate and private tax
- Complete range of Business activities permitted
- Easy and fast registration method with brilliant customer service
- Strategic area with access to over two billion purchasers
- No restrictions on hiring foreign employees
- Current and investor-friendly rules and regulations
- Perfect area for SMEs and micro-organizations
- Hi tech facilities like warehouse, office and land availability