Business Set up in UAQ Free TradeZone|Umm al-Quwain Free Trade Zone |WWFL

The Umm Al Quwain Free Trade Zone is a realization of the emirate’s efforts to offer a strategic, friendly and growth oriented business location for enterprises and entrepreneurs from across the world. The Free Zone is one of the most safe and attractive investment destinations in the region, facilitated by a string of professional support services and easy licensing processes. The emirate’s overall environment, with a modern legal framework, business-friendly administration, easy access to quality labor and low costs of living also contributes to the overall appeal of the Free Zone.

COMPANY TYPES

UAQ Free Trade Zone allows three types of business company types or business entities within its premises:

Free Zone Establishment (FZE)

Formed with one shareholder, either an individual or a company. The minimum capital requirement depends on the activity.
Free Zone Company (FZCO)

Formed by a minimum of two and maximum of 50 shareholders, either individuals or companies or a combination of both. The minimum capital requirement depends on the activity.
Branch Office of a Local/Foreign Company

The license allows an existing local or foreign company to open a representative office or branch within the Free Zone. The branch will be legally dependent on the parent company.
Freelancer

The license allows an individual to conduct business as a freelance professional. This can done under the individual’s name rather the brand name.