Umm-ul-Quwain Free Zones
Umm Al Quwain Free Zone is an ideal location for start-ups, young entrepreneurs, and trading businesses to establish their company in the UAE. Umm Al Quwain Free Zone gives access to the city’s seaport while the Dubai International Airport and Sharjah International Airport are only an hour’s drive away. The transportation facilities available in the region make it a great place for trading businesses to reach international markets as well. UAQ Free Zone undoubtedly has a lot of advantages for business setups.
Main Benefits of Business Setup in Umm-ul-Quwain Free Zone
- No personal income taxes
- Companies can enjoy a 0% corporate tax rate on qualifying income, and the one not qualified is taxed at a standard corporate tax rate of 9%
- Micro businesses and SMEs receive a lot of support from the government
- UAQ Free Zone seaport authorities provide discounts for trading companies
- No minimum capital requirement needed for companies to start businesses
- Companies have 100% custody of their income and funds
- 100% foreign ownership
- Affordable leases and office spaces
Types of Licenses Available in Umm-ul-Quwain Free Zone
- Commercial
- General Trading License
- Consultancy License
- Freelance Permit
- Service License
- Premium Consultancy License
