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3 Easy Steps

Establish your UAQ free zone company in 3 simple steps

Step 1
Step 1

Choose your preferred package and apply online

Step 2
Step 2

We will set-up your UAQ free zone company

Step 3
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.

Emirates NBDMashreq BankRAK BankEmirates IslamicDubai Islamic BankNoor Bank

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

  • 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

  • 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:

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

Frequently Asked Questions

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

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.

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.

No, you do not need a local sponsor 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.

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 ZoneUmm Al Quwain Free Trade Zone is based in the Emirate of Umm Al Quwain.
Type of CompanyFree zone limited liability company.
TaxesAll companies in Umm Al Quwain Free Trade Zone are exempt from corporate taxes.
100% Ownership100% shares can be owned by foreign nationals.
Time zoneConvenient world time zone: GMT+4
Paid up capital requirementNo paid requirements for paid up capital.
Minimum shareholdersA 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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