UAQ – Ventures Biz

UAE Business License

You get complete foreign ownership, attractive tax advantages, and an easy company formation process. Business activities are usually restricted to the Free Zone area or overseas markets.

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UAQ Free Trade Zone Company Registration

If you’re looking for a Free Trade Zone near a seaport in the UAE, the Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strong option. Situated in the Emirate of Umm Al Quwain, this free zone caters to all types of businesses, from startups and small ventures to large corporations. It offers an excellent gateway for international investors who want to build their presence in the UAE.

We guide you through every stage of UAQ Free Trade Zone company formation at Ventures Biz. Reach out today to kickstart your UAQ FTZ business setup!

Umm Al Quwain Free Trade Zone (UAQ Free Zone)

Umm Al Quwain Free Trade Zone (UAQ FTZ) is a rapidly growing business hub situated in the Emirate of Umm Al Quwain. Conveniently located in the heart of the UAE, it is only an hour away from both Dubai and Sharjah International Airports. Known for its SME-friendly ecosystem, competitive tax advantages, and affordable living and workforce costs, UAQ Free Zone has become an appealing choice for entrepreneurs and global companies alike. Honored with the Qadat Al Tagheer Award as the “Best Free Zone for Startups and SMEs,” UAQ FTZ supports both emerging businesses and established enterprises. Being a government-backed entity, it ensures strong business security and reliability.

The UAQ Free Zone, overseen by the government of the UAE emirate of Umm Al Quwain, provides strong business security and access to more than 1,500 business activities, making it a prime destination for entrepreneurs aiming to build a successful presence in the region.

Key Benefits of UAQ Free Trade Zone Company Registration

UAQ FTZ is a well-planned business hub that offers a range of advantages to support companies from various sectors, making it an attractive choice for both local and global investors. Key benefits include:

100% Foreign Ownership & Capital Freedom: Own your company outright with the ability to repatriate all profits and capital.
Tax-Free Benefits No personal income tax, service tax, import duties, or export duties apply.
Corporate Tax Relief (Conditional) Depending on eligibility, you may qualify for corporate tax exemption.
Prime Location Advantage Situated close to the seaport, the Umm Al Quwain Free Zone offers special concessions and smooth logistics.
Easy Airport Access Dubai and Sharjah international airports are within 30–60 minutes’ drive for global connectivity.
Flexible Business Infrastructure Choose from modern warehouses, plots of land, and office spaces suitable for any business size.
No Visa Deposit Needed Skip the visa deposit requirement, making the setup process straightforward.
Unrestricted Currency Use Free movement of currencies with no restrictions on financial operations.

Business Activities Permitted in UAQ Free Zone

Umm Al Quwain Free Zone offers more than 1,500 business activities across trading, services, and manufacturing for company setup.

Business License Types Available in UAQ Free Zone

Getting a business license is a key step in UAQ Free Trade Zone company registration, as it defines the scope of your business and validates its legal standing. The UAQ Free Trade Zone provides various license options, including Industrial, Commercial Trading, General Trading, and Freelance Permits.

Commercial License

Best suited for companies engaged in the purchase and sale of goods, both locally in the UAE and across international markets.

Covers importing, exporting, warehousing, and distribution of approved products.

General Trading License

An expanded version of the commercial license, providing broader flexibility to trade in multiple categories and permitted products across the UAE.

Service License

With the UAE’s thriving service industry, this license is ideal for businesses offering professional services.

It enables service-based firms to set up operations, promote, and deliver their services effectively.

Freelance Permit

Meant for independent professionals, this permit allows them to work under their own name instead of creating a company.

Primarily designed for specialists in technology, creative industries, film, media, and certain admin services.

Industrial License

Required for businesses involved in manufacturing and production, where raw materials are converted into finished goods.

It requires having an office or warehouse space. UAQ Free Trade Zone makes this cost-effective by offering affordable land and facilities, with some of the lowest running costs in the region.

Consolidated License for Multiple Activities

UAQ Free Trade Zone permits more than 1,500 business activities.

Businesses can combine different activities under one license – commercial licenses allow either ten similar activities or three varied ones. Consultancy, service, and freelance permits can cover two activities together.

UAQ FTZ Dual Licenses

Companies can hold dual licenses under one entity. For example, a business with a commercial license can also apply for a service/consultancy license without forming another company.

Licenses are valid for at least one year, with the option for multi-year terms. Activities can also be updated during the license period to meet evolving business requirements.

Lease Office Space

Along with business licensing, UAQ Free Trade Zone also delivers a variety of support services. These include office facilities, cost-effective warehouses, and land plots for development, providing flexible options to suit different business requirements and encourage expansion.

Types of Entities Options in UAQ Free Zone

The first step in UAQ Free Trade Zone company registration is choosing the type of legal entity. Every company formed in the Umm Al Quwain Free Trade Zone will automatically be registered as a Limited Liability Company (LLC) and must appoint an individual to serve as the manager, director, and secretary. The UAQ Free Zone offers several entity structures to choose from, such as:

Free Zone Establishment (FZE): Best option for a business owned by a single shareholder.
Free Zone Company (FZC): Designed for companies with a minimum of two and up to fifty shareholders.
Branch of an Existing Company.
Shareholders: A company can have up to 50 shareholders, and they may be either private individuals or corporate bodies.
Directors: At least one director is required, and only individuals can hold this role. In many cases, shareholders themselves can also act as directors when setting up a company in the UAE.

Share Capital Requirement

For setting up a company in UAQ FTZ, the minimum share capital required is AED 300,000, divided into 300 shares of AED 1,000 each. A Branch Office, however, does not require any share capital. If share capital applies, it must be deposited in a bank either before or after incorporation. Importantly, the shares are treated as issued once the company is incorporated, regardless of when the capital is deposited.

Audit Requirements

There is no requirement for an audit report as part of UAQ free zone company setup.

Documents Required for UAQ FTZ Company Registration

Company registration can be completed remotely, without requiring the owners to be physically present. However, shareholders must sign the incorporation papers and courier the original documents to the UAE to finalize the setup.

For establishing the business, the owners need to provide certain personal documents, such as:

Procedure for UAQ Free Zone Company Registration

Choose Business Activity

Determine the type of business activity you plan to undertake, as this will influence the license you must apply for.

Select Legal Structure

Pick the right business entity type, such as Free Zone Establishment (FZE), Free Zone Company (FZC), or a branch of an existing firm.

Reserve a Business Name

Confirm that your desired company name is available and register it with the UAQ Free Trade Zone, following their naming rules.

Prepare Documents

Collect and organize the required paperwork, which will vary depending on whether the shareholder is an individual or a corporate body.

Submit Application

Send your registration application along with the necessary documents to the UAQ Free Trade Zone authority.

Review and Approval

Authorities will assess your application. Once accepted, you’ll be informed about payment details.

Sign Legal Documents

Execute the Memorandum and Articles of Association and any other required incorporation papers.

Get Your License

After payments and signing, the UAQ Free Trade Zone will issue your official business license.

Arrange Office/Facility Lease

If you need office space, warehouse, or land, lease property directly within the UAQ Free Trade Zone, which offers flexible options.

Process Visas

If hiring staff, apply for employee visas. The number of visas will depend on your company’s eligibility.

Open Bank Account

Set up a UAE business bank account. Professionals like Ventures Biz can assist in simplifying this step.

Start Operations Start Operations

Once licensed and set up, begin your business activities in the UAQ Free Trade Zone.

Maintain Compliance

Follow UAQ Free Trade Zone’s regulations and reporting obligations to keep your company in good standing.

Streamline UAQ Free Trade Zone Company registration with Ventures Biz

Ventures Biz specialists make the Umm Al Quwain Free Trade Zone (UAQ FTZ) company registration process easier and more efficient. Leveraging deep expertise and years of experience, we offer essential support to ensure setting up your business in UAQ FTZ is seamless and stress-free. From the first consultation and selecting the right license to preparing and submitting documents, and even handling post-registration compliance, our team assists you at every stage.

Reach out to us now and begin your UAQ FTZ company registration journey!