Umm Al Quwain Free Tade 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?
CONTACT US FOR FREE CONSULTANCY TODAY!
SETUP YOUR BUSINESS IN UMM AL QUWAIN FREE TRADE ZONE TODAY!
CONTACT US APPLY NOW
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.
- 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.
- 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.
- 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.