Establish Your Business in UAQ Free Trade Zone (UAQFTZ)

 When you're considering launching your business in the United Arab Emirates (UAE), the UAQ Free Trade Zone (UAQFTZ) should be on your radar. Located in the smallest Emirate, Umm Al Quwain, Umm Al Quwain free zone company formation offers a compelling mix of advantages for entrepreneurs. Here, we'll break down why UAQFTZ is your ideal destination for business setup.

Diverse Business Packages

UAQFTZ has diverse packages to match your business needs. Starting from zero visa companies, you can upgrade as your business grows. The flexibility to downsize is also on offer, helping you manage costs effectively.

The zone also provides flexi-desk facilities - a shared office desk - which meets the UAE's minimum office requirement. Offices and warehouses are available, catering to various business types.

Wide-ranging Business Activities

Choose from a wide range of business activities including 

• Commercial

• Consultancy

• General trading

• Premium consultancy

• Premium commercial

• Freelance

• Industrial

You can have up to 3 commercial activities or 10 related ones per licence, and 2 activities for consultancy licences.

Unique Dual License Option

Company formation in UAQ free zone offers a unique dual licence opportunity. Establish your company with one category licence and add another from a different category for just 2,500 AED, giving you extra business flexibility.

Smooth Company Setup

Setting up in UAQFTZ is hassle-free. You can do it without a personal visit. Shareholders only need to sign documents and send the originals to the UAE. Common requirements include a passport copy, UAE entry stamp copy (for visa-eligible setups), passport-size photo (for visa-eligible setups), and a recent utility bill for address proof. UAQFTZ can register your company in just 1-2 working days.

Competitive Licence Costs

For budget-conscious entrepreneurs, Umm Al Quwain free zone licence costs are reasonable with the licence fees starting at 8,000 AED. If you opt for a flexi-desk setup, you can save a 5,000 AED immigration deposit. Office rental prices begin at around 35,000 AED, including licence fees.

UAQ Free Zone Residence Visa

UAQFTZ offers affordable residence visa options, all valid for 3 years. Investor/employee visa fees are 2,500 AED, with no health insurance requirement. Obtaining visas for dependents is straightforward, with requirements like apartment rent and attested birth/marriage certificates. You don't need to reside in Umm Al Quwain if you have a visa from there.

Renewal and Amendments

Umm Al Quwain free zone company formation offers a simple renewal process that can be done remotely. Renewals usually take 2-3 days, with costs slightly lower than initial fees. You can also process amendments remotely, except for share transfers, which may require a notarized Power of Attorney.

Liquidation Made Easy

Liquidating your company is straightforward and cost-effective, with a government fee of just 2,000 AED. The process may require a personal visit or a Power of Attorney holder.

Expert Recommendation

UAQFTZ welcomes various business activities, making it ideal for entrepreneurs seeking affordable and quick business setup or residency in the UAE. Its investor-friendly rules, cost-effectiveness, and flexible packages make it a standout choice. You can hire business setup consultants in UAE to help you streamline your process. 

Conclusion

UAQFTZ is your go-to destination for business setup in the UAE. Its strategic location, cost-effective options, and business-friendly features cater to startups, SMEs, and larger enterprises. Whether you're in commerce, consultancy, or exploring new opportunities, UAQFTZ has something to offer. Don't miss out on its advantages for businesses of all sizes. Choose UAQFTZ for your UAE business journey.