Umm Al Quwain Free Trade Zone - My Business Consulting DMCC

Umm Al Quwain Free Trade Zone (UAQ FTZ)

GOV COST VISA COST SERVICE COST

Umm Al Quwain free zone has the ideal set up for startups, SMEs and Conglomerates as it provides one of the most attractive environments for effective investment in UAE. An UAQ FTZ company gets to leverage on 0% personal and corporate tax, 100% foreign ownership and repatriation of capital and profits, and no investment restrictions in any sector!

At My Business Consulting DMCC, we provide personalized consultancy, support, and management services to our clients who want to incorporate in Umm Al Quwain industrial area or free zones around the UAE. Our approach to consultancy in inception, licensing, creating an ideal corporate structure, and more can help you take the right steps in business in UAE.

ADVANTAGES OF BUSINESS SETUP IN UAQ FTZ


No physical presence required during a company incorporation and company renewal time


0% personal and corporate tax


100% repatriation of capital and profits


100% foreign company ownership


A wide range of warehousing, land, and office space available


Quick and easy registration process and flexible regulations


No NOC from the current sponsor for company registration


No Audit report required


No Visa deposit required

TYPES OF LICENSES IN UAQ FTZ


Commercial License


Consultancy License


Industrial License


Service License


Freelance Permits


General Trading License

ADVANTAGES OF BUSINESS SETUP IN UAQ FTZ

  • No physical presence required during a company incorporation and company renewal time

  • 0% personal and corporate tax

  • 100% repatriation of capital and profits

  • 100% foreign company ownership

  • A wide range of warehousing, land, and office space available

  • Quick and easy registration process and flexible regulations

  • No NOC from the current sponsor for company registration

  • No Audit report required

  • No Visa deposit required

TYPES OF LICENSES IN UAQ FTZ

  • Commercial License

  • Consultancy License

  • Industrial License

  • Service License

  • Freelance Permits

  • General Trading License

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BUSINESS REGISTRATION FEES IN UAQ FTZ

Let My Business Consulting DMCC assist you with the company formation in Umm Al Quwain Free Trade Zone or any other free zone across the UAE. We provide the consultation and support you need to successfully start, register, and do business in the UAE with the best facilities and corporate structure that will help your business grow.

Check out the general list of UAQ FTZ company registration fees below. To avail the latest offers for business setup in UAQ FTZ, request a customized proposal from our Business Setup Experts today!

1.Type of License

Each activity of a company falls under a specific type of License. The cost per license type includes Initial Approval, Registration, License, and Facility. Additionally, in UAQ FTZ there is no 5% VAT applied on UAQ FTZ services whether it's registration, amendments, renewal, cancellations, or visa services.

LICENSE TYPE DETAILS 1st YEAR 2nd YEAR
Startup Business License
(2 Visa eligibility)		 Activities: Commercial / Consultancy / E-commerce
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address		 AED 13,500 AED 13,500
Micro Business License
(no Visa eligibility)		 Activities: Commercial / Consultancy / E-commerce
Business license registration fees include registration, license, a shared desk station with the legal address		 AED 8,000 AED 8,000
Freelancer Permit
(1 Visa eligibility)		 Activities: creative professions only. e.g: Actor, Choreographer, Fashion Artist, Musician, Producer, etc.
Business license registration fees include registration, permit, address services, and benefactor fees		 AED 8,000 AED 8,000
Standard Commercial / Consultancy license
(3 Visas eligibility)		 Activities: Commercial / Consultancy / E-commerce
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address		 AED 20,500 AED 18,500
General Trading License
(2 Visas eligibility)		 Business license registration fees include registration, license, establishment card, a shared desk station with the legal address AED 20,500 AED 20,500
Premium Consultancy
(2 Visas eligibility)		 Premium Consultancy activities: Legal Consultants, Tourism Consultants, Real Estate Consultancies.
Premium Commercial activities e.g: Sea Freight & Passengers Charters, Freight Broker, Investment in Commercial Enterprises & Management.
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address		 AED 20,500 AED 20,500
Industrial license with a land plot or warehouse facilities
(Visa eligibility depends on a chosen facility)		 Activities: Fruit Juices Manufacturing, Pasta & Macaroni Manufacturing, Protective Garments & Vest Manufacturing, Tooth & Mouth Care Products Manufacturing, Disposable Plastic Cutlery Manufacturing, Bolts, Nuts, Screws & Nails Manufacturing
Business license registration fees include registration, license, establishment card, the legal address		 AED 7,000 AED 5,000
LICENSE TYPE 1st YEAR 2nd YEAR
Startup Business License
(2 Visa eligibility)
Activities: Commercial / Consultancy / E-commerce
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address		 AED 13,500 AED 13,500
Micro Business License
(no Visa eligibility)
Activities: Commercial / Consultancy / E-commerce
Business license registration fees include registration, license, a shared desk station with the legal address 		AED 8,000 AED 8,000
Freelancer Permit
(1 Visa eligibility)
Activities: creative professions only. e.g: Actor, Choreographer, Fashion Artist, Musician, Producer, etc.
Business license registration fees include registration, permit, address services, and benefactor fees		 AED 8,000 AED 8,000
Standard Commercial / Consultancy license
(3 Visas eligibility)
Activities: Commercial / Consultancy / E-commerce
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address 		AED 20,500 AED 18,500
General Trading License
(2 Visas eligibility)
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address		 AED 20,500 AED 20,500
Premium Consultancy / Premium Commercial License
(2 Visas eligibility)
Premium Consultancy activities: Legal Consultants, Tourism Consultants, Real Estate Consultancies.
Premium Commercial activities e.g: Sea Freight & Passengers Charters, Freight Broker, Investment in Commercial Enterprises & Management.
Business license registration fees include registration, license, establishment card, a shared desk station with the legal address		 AED 20,500 AED 20,500
Industrial license with a land plot or warehouse facilities
(Visa eligibility depends on a chosen facility)
Activities: Fruit Juices Manufacturing, Pasta & Macaroni Manufacturing, Protective Garments & Vest Manufacturing, Tooth & Mouth Care Products Manufacturing, Disposable Plastic Cutlery Manufacturing, Bolts, Nuts, Screws & Nails Manufacturing
Business license registration fees include registration, license, establishment card, the legal address 		AED 7,000 AED 5,000

2. Type of Facility

Eligibility of visas are directly related to the office space.

OFFICE FACILITY TYPE VISA ELIGIBILITY
Hot Desk for Startup Business package 2
Hot Desk for Micro Business package N/A
Hot Desk for Freelancer 1
Premium Office for Standard Commercial / Consultancy 3
Premium Office for General Trading or Premium Consultancy / Premium Commercial 4

Land plot leasing under Industrial License:


LAND PLOT TYPE, sq.m. LEASE COST, AED TERM OF LEASE
From 2,500 AED 25 per sq.m. 25 years( renewable for a similar term)

Note:
*Electricity & water are available.

Warehouse facilities are eligible for the rent only under Industrial/ Commercial/ General Trading License types:


WAREHOUSE FACILITY TYPE, sq.m. FACILITY COST, AED FACILITY DEPOSIT COST (REFUNDABLE), AED
100 AED 35,000 AED 3,500
150 AED 39,000 AED 3,900
300 AED 75,000 AED 7,500

3. Residence Visa in UAQ FTZ

SERVICES FEES
Investor Visa Fees (Valid for 3 years) AED 2,500
Employment Visa Fees (Valid for 2 years) AED 2,200
Visa Status Change AED 750
Medical Test & Emirates ID & photo AED 1,250

Note:
*Additional fee is applicable for registration in the Immigration E-channel:

  • registration fee - AED 2,400, renewal fee - AED 1,400

  • the security deposit fee for Industrial units only - AED 5,000.

4. My Business Consulting DMCC Service Packages

Get in touch with us today to get a customized proposal for company registration in Umm Al Quwain Free Trade Zone or general information on starting a business in UAE! We also provide support for opening personal or corporate bank accounts, obtaining a UAE Residence visa for investors and their employees, getting attestations of official documents, and further support of businesses after the business registration procedure is completed.

COMPLETE BUSINESS SETUP PACKAGE

  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES

  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 7,500+
Service Fee		 AED 2,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

4. My Business Consulting DMCC Service Packages

Get in touch with us today to get a customized proposal for company registration in Umm Al Quwain Free Trade Zone or general information on starting a business in UAE! We also provide support for opening personal or corporate bank accounts, obtaining a UAE Residence visa for investors and their employees, getting attestations of official documents, and further support of businesses after the business registration procedure is completed.

COMPLETE BUSINESS SETUP PACKAGE

  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES

  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager
AED 7,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 2,500+
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

WANT TO SETUP BUSINESS IN UMM AL QUWAIN?

CONTACT US FOR FREE CONSULTANCY NOW!

THE INFINITE OPPORTUNITIES OF DUBAI

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