Industry Focus
Umm Al Quwain Free Zone (UAQ) supports businesses across multiple industries.
Ownership
100% Foreign Ownership:Investors can hold full ownership of their businesses without needing a local sponsor or partner.
Business Licenses
Types of Licenses available in UAQ
Trading License
For businesses involved in the import/export and sale of goods.
Service License
For companies offering consultancy or professional services.
Industrial License
For manufacturing and production businesses.
E-commerce License
For online business platforms and digital retail.
Taxation
Corporate Tax
Exemption from the 9% corporate tax is available subject to meeting the criteria set by the Federal Tax Authority (FTA).
No Personal Income Tax:
There is no personal income tax for employees or investors.
VAT: 5% VAT
is applicable on most goods and services within the UAE.
Office Space Solutions
UAQ provides various office space solutions, including:
Flexi Desk
For freelancers and small businesses.
Serviced Office
Fully equipped and ready-to-use office spaces
Warehouse Units
For manufacturing or storage-based businesses.
Visa & Immigration
- Visa Eligibility: Companies in UAQ can apply for residence visas for employees and investors, depending on office space and business requirements.
- Family Sponsorship: Investors can sponsor family members for residence visas under certain conditions.
Regulatory Framework
Businesses must comply with UAE federal laws and the regulations set by Umm Al Quwain Free Zone Authority. Regulations include labor laws, environmental standards, and industry-specific guidelines.
Compliance & Reporting
Companies are required to maintain annual auditing and file financial reports. VAT compliance: Businesses must adhere to UAE VAT regulations and file returns when applicable.
Cost of Formation
The cost of forming a company in UAQ typically starts from AED 8000, depending on the type of business and office requirements. Additional fees may apply for visas and other services.
Advantages
Zero Corporate Tax
No corporate tax on profits.
100% Foreign Ownership
Full ownership rights for international investors.
No Personal Income Tax
No personal income tax on employees or investors.
Strategic Location
Close to Ajman, Sharjah and Dubai for logistics and trade.
Cost-Effective Setup
Affordable company formation and operational costs.
