Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strategic initiative of the Government of Umm Al Quwain. UAQ FTZ provides the required infrastructure and incentives for a prosperous business community. UAQ FTZ is situated close to the UAE’s primary sea ports and within one hour’s drive of Dubai International Airport and Sharjah International Airport, ensuring easy access to the rest of the world.
Umm Al Quwain Free Trade Zone offers a platform to engage micro business and companies with minimal budgets. There are lesser complications in terms of documents required and getting special approvals. Their main aim is to get your business up and running within no time. UAQ FTZ’s investor-friendly environment will allow you to run a successful business in UAE. Umm Al Quwain’s stable economy, open investment climate and low costs of living make it a strategic business destination.
Factor | Description |
Established in | 2003 |
Number of companies | Over 1,277 Companies |
Industry focus | Suitable for all types of industries |
Limited liability company | Yes |
Minimum number of shareholder | 1 |
Minimum number of director | 1 |
Corporate shareholder allowed | Yes |
Corporate director allowed | No |
Public register of shareholder and director | No |
Access to UAE Double Taxation Treaties | Yes |
Port of Free zone | Ahmed Bin Rashid Port and Umm Al Quwain free zone sea port |
Allowed to import export goods | Yes |
Commercial offices | Yes |
Industrial premises | Yes |
Warehousing facility | Yes |
Accommodation facilities | Yes |
Prominent companies at Free zone | |
Location of directors and shareholders meeting | Anywhere |
Residency visa issued | Yes |
100% Foreign ownership permitted | Yes |
100% Repatriation of capital and profits | Yes |
Corporate, personal and withholding tax | Nil |
Language | English |
Standard currency of Capital | UAE Dirhams |