Umm Al Quwain Free Trade Zone (UAQFTZ)

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UMM AL QUWAIN FREE TRADE ZONE (UAQFTZ)

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UMM AL QUWAIN FREE TRADE ZONE (UAQFTZ)

Umm Al Quwain Free Trade Zone (UAQ FTZ) has all the advantages of getting located between two international airports [Dubai and Sharjah International Airport] and also based on the primary seaport in the country. This is one of the best free zones in UAE which can be perfect place for start-ups. It provides an investor friendly atmosphere which attracts more start-ups to plant their business dreams at a minimum cost.

Each free zones are built with different aims. Likewise, each company needs a alike environment to grow up.

Are you thinking about which free zone is best for your business??

Think business…Think CredentOne…Your Incredible Business Partners.

ADVANTAGES OF BUSINESS SETUP IN UMM AL QUWAIN FREE TRADE ZONE

  • No Visa deposit required
  • 0% personal and corporate tax
  • 100% repatriation of capital and profits
  • Quick and easy registration process
  • No restrictions on hiring foreign employees
  • Ease of company formation and flexible regulations
  • Special concessions via Umm Al Quwain free zone sea port
  • Cost effective inception with business friendly policies
  • High tech warehousing, land, and office space available
  • Comprehensive facilities and support for all business activities
  • Customer friendly leasing options and 100% foreign company ownership

WANT TO SETUP YOUR BUSINESS IN UMM AL QUWAIN FREE TRADE ZONE?

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SETUP YOUR BUSINESS IN UMM AL QUWAIN FREE TRADE ZONE TODAY!

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CredentOne………..Let our experts shape your business.

Be it Umm al Quawain Free zone or elsewhere…only the right hands can guide you in the right way at the right time..

CredentOne DMCC can assist you from the initial ground works required to start up a company and up to opening a corporate or personal bank account or obtaining a residence visa in UAE!.

Get in touch with us today to find out more about Umm Al Quwain Free Trade Zone fees or general information on starting a business in UAE!

Estimate for New Free Zone Company in Umm al Quawain Free zone (UAQFTZ)

A smart entrepreneur will always look for the estimate and initial costs for the setting up his/her business as the first step. This page will give you an outline on different types of licenses, General Cost for setting-up a company in Ajman Free Trade Zone, per expenses as follows:

1.Type of License

Each activity of a company falls under a specific type of License. Cost per license type includes: Initial Approval, Registration, License and Facility.

1st year  2nd year
Micro Business License (excluding facility and visa) AED 13,500 AED 11,500
Smart Business License – 1 Visa eligibility (for Investor only) AED 16,500 AED 14,500
Regular Trading/Consultancy License (2 visas) AED 20,500 AED 18,500
Premium Consultancy License (3 visas) AED 32,500 AED 30,500
General Trading License (3 visas) AED 27,500 AED 25,500

Note: Value Added Tax (VAT) at the rate of 5% is applicable on all the fees.

Please note that certain types of licenses require prior approval from the Free Zone Authority. An additional fee of AED 250/- is charged towards the issuance of such approval.

  1. Type of Facility

Visa Eligibility and the number of Visas varies and depends upon the office space.

VISA ELIGIBILITY

Flexi Desk for Micro No Visa
Flexi desk for START-UP package 1 Visa (For Investor Only)
Flexi Desk for Trading/ Consultancy 2 Visas
Flexi Desk for Premium or General Trading 3 Visas

Note: Value Added Tax (VAT) at the rate of 5% is applicable on all the fees.

  1. Residence Visa in UAQFTZ
SERVICES FEES (AED)
UAQFTZ Fees– Employment Visa Valid for 2 years 2,200
UAQFTZ Fees– Investor Visa Valid for 2 years 2,500
Local Status Change 800
Medical 850
Emirates ID 370
Photos 50
E-channels Registration (first time)   Registration Fees- 2100
Refundable Deposit – 5000
CREDENTONE Service Fee 3000

Note: Value Added Tax (VAT) at the rate of 5% is applicable on all the fees.

SERVICES FEES (AED)
Investor Visa Application (validity 3 years) 2,560
Employment Visa Application (validity 2 years) 2,260
Medical Test and Emirates ID 1,270

Note: No Labour guarantee required.

Please note here that Amendment of Visa Status option is not available with UAQFTZ, hence the vis applicants shall be mandatorily outside the UAE for obtaining the Entry Permit.

  1. CredentOne DMCC Service Packages
PACKAGE EXECUTIVE PRIORITY
AED 6,000 13000
Corporate Consultancy (up to 2 Hours) YES
Verifying shareholder’s documents for start up YES YES
Company name Approval YES YES
Activity approval YES YES
Shareholder’s structure YES YES
Registration YES YES
Licensing YES YES
Delivering full pack of corporate documents YES YES
Providing details on UAE banks YES YES
Daily update YES YES
Board of Resolution (if applicable) YES
Registration YES
Licensing YES
Delivering full pack of corporate documents YES
Company stamp YES
Company Letterhead YES
Corporate Profile YES
Complete Bank Account Opening Application Assistance YES
Business plan (if required) YES
Establishment Card YES
Day to day update regarding the full process YES

Note: Value Added Tax (VAT) at the rate of 5% is applicable on all the fees. The above listed fees may be subjected to change without prior approval.