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Name: Umm Al Quwain Company Formation
Brand: Legal Inz

UAQ Free Zone

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3 Easy Steps

Establish your UAQ free zone company in 3 simple steps

Step 1

Choose your preferred package and apply online

Step 2

We will set-up your UAQ free zone company

Step 3

You will receive trade license to start your business

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Packages

Choose from our most competitive packages and apply now to form your UAQ free trade zone company.

Commercial

AED 29,999 AED 34,999

Commercial License - No Visa

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1 shareholder.
No visa.
Trade license.
Dedicated account manager.

*Yearly Fee from second year: AED 27,999 (govt. fee included)

General Trading

AED 36,999 AED 41,999

General Trading License - No Visa

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1 shareholder.
No visa.
Trade license.
Dedicated account manager.

*Yearly Fee from second year: AED 33,999 (govt. fee included)

**Terms and conditions for visa related packages:

Pre- approval may be required some nationalities at a cost of AED 1,000.
eChannel registration for visa packages: AED 7,200 (AED 5,000 is a refundable security deposit).
Medical fitness cost: AED 320.
Emirates ID application cost: AED 375.
Establishment Card cost: AED 1,400 for 3 years.
Visa status change cost: AED 800 payable at the change of visa status change, if required.

Frequently Asked Questions

What is the cost of setting up a free zone company in Umm Al Quwain Free Trade Zone?

Umm Al Quwain Free Trade Zone offers company formation packages starting from AED 29,999 only.

Do I need to be in the UAE to set up a company in Umm Al Quwain Free Trade Zone?

No. You will be required to have visited the UAE at least once for the Umm Al Quwain Free Trade Zone company formation packages with residence visa.

When can I set up my bank account?

Once your Umm Al Quwain Free Trade Zone company has been established, you can apply for opening a corporate bank account with any of the banks in the UAE.

Do I need a local sponsor to set up a company in Umm Al Quwain Free Trade Zone?

No, you do not need a local sponsor to set up a company in Umm Al Quwain Free Trade Zone

How long would it take to set up a company in Umm Al Quwain Free Trade Zone?

The timeframe in setting up a company in Umm Al Quwain Free Trade Zone is 5-6 working day after you have signed and submitted the application forms and the required documents. Any further process for the visa issuance is outlined in our Timelines section above.

Do I need to have an actual office space to set up my company in Umm Al Quwain Free Trade Zone?

There is no requirement for an office space to set up a company with UAQ. If you choose the license package with visa, UAQ will provide you with office rental agreement.

Key Features

Here are some of the key features of free zone companies established in Umm Al Quwain Free Trade Zone, Umm Al Quwain.

Umm Al Quwain Free Trade Zone	Umm Al Quwain Free Trade Zone is based in the Emirate of Umm Al Quwain.
Type of Company	Free zone limited liability company.
Taxes	All companies in Umm Al Quwain Free Trade Zone are exempt from corporate taxes.
100% Ownership	100% shares can be owned by foreign nationals.
Time zone	Convenient world time zone: GMT+4
Paid up capital requirement	No paid requirements for paid up capital.
Minimum shareholders	A person in charge is required to be appointed for each company.

Umm Al Quwain Free Trade Zone

Umm Al Quwain Free Trade Zone is based in the Emirate of Umm Al Quwain.

Type of Company

Free zone limited liability company.

Taxes

All companies in Umm Al Quwain Free Trade Zone are exempt from corporate taxes.

100% Ownership

100% shares can be owned by foreign nationals.

Time zone

Convenient world time zone: GMT+4

Paid up capital requirement

No paid requirements for paid up capital.

Minimum shareholders

A person in charge is required to be appointed for each company.

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Recent Reviews

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Legal Inz strives to meet the needs of all of our customers. If you are not completely satisfied with our services, please contact us.

Within UAE:	800-53425 (Toll Free)
Outside UAE:	+971-800-53425
Email Us:	clients@legalinz.com
Address:	B04-413, Business Center 03, Rakez Business Zone-FZ, RAK, United Arab Emirates