UAQ Free Zone
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UAQ Free Trade Zone (UAQFTZ)
Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strategic initiative of the Government of Umm Al Quwain, with a mandate to provide the required infrastructure and incentives for a prosperous business community. Conveniently located within 45 minutes from Dubai International Airport, Umm Al Quwain is a friendly, progressive, and prosperous emirate within the United Arab Emirates.
UAQ FTZ is an ideal location for Micro Businesses, SME’s, and Conglomerates to do business in a safe and secure free trade zone environment and it is one of the most attractive places for your effective investment in the region. Their professional services make the registration and licensing process quick and easy.
Generous investment incentives such as 100% foreign ownership, 0% corporate and personal tax, 100% repatriation of capital and profits, no exchange control, no restriction on investment in any sector are further evidence of our openness towards international investors.
With a sound, transparent and modern legal framework, open investment climate, low costs of living and labor as well as easy access to trading partners in the Middle East, Africa, and Asia, you have come to the right place.
Benefits
- It offers 100% foreign ownership
- It offers 4 visas for office unit. However, no restriction for industry/assembly units operating in leased land as required for the activity
- Company formation period is 3-4 days
- No Corporate Taxes for a minimum of 15 years
- No Import Duties, No Export Duties
Types of License
- General trading
- Management & Consultancy
- Special License
