Introduction

Umm Al Quwain Free Trade Zone (UAQFTZ) is a free zone in the United Arab Emirates that offers a number of benefits to businesses, including 100% foreign ownership, no income tax, and low import and export duties. UAQFTZ is also home to a variety of industries, including technology, media and entertainment, education, healthcare, and logistics.

There are four different types of business licenses that you can obtain in UAQFTZ:

  • Commercial license: A commercial license allows you to trade in goods and services.
  • Industrial license: An industrial license allows you to manufacture goods.
  • Service license: A service license allows you to provide services.
  • Freelancer license: A freelancer license allows you to operate as a freelancer in UAQFTZ.

The fees for each type of business license vary slightly, so it is important to do your research before you apply.

Here is a list of the fees for each type of business license in UAQFTZ:

Commercial license:

  • Registration fee: AED 15,000
  • Annual license fee: AED 15,000

Industrial license:

  • Registration fee: AED 20,000
  • Annual license fee: AED 20,000

Service license:

  • Registration fee: AED 10,000
  • Annual license fee: AED 10,000

Freelancer license:

  • Registration fee: AED 5,000
  • Annual license fee: AED 5,000

Please note that these fees are subject to change.

Additional fees may apply, such as:

  • Visa fees: The cost of a visa will vary depending on your nationality and the type of visa you require.
  • Office space rental fees: The cost of renting office space in UAQFTZ will vary depending on the size and location of the office.
  • Other fees: There may be other fees associated with setting up and running a business in UAQFTZ, such as accounting and legal fees.
photo of women using laptops

Conclusion

The fees for each type of business license in Umm Al Quwain Free Trade Zone (UAQFTZ) are relatively affordable, making it a great option for entrepreneurs and businesses of all sizes.

Recommendation: BizDaddy

BizDaddy is a leading business setup consultant that can help you obtain a business license in UAQFTZ. BizDaddy has a team of experienced professionals who can help you with every step of the process, from choosing the right type of license to completing the application form to paying the required fees.

BizDaddy offers a number of benefits to businesses, including:

  • Expertise: BizDaddy has a deep understanding of the business setup process in the UAE. This expertise can help you avoid common pitfalls and ensure that your business is set up correctly.
  • Convenience: BizDaddy offers a one-stop shop for business setup in the UAE. This means that you can deal with everything through BizDaddy, from choosing a business activity to obtaining a business license.
  • Peace of mind: BizDaddy’s team of experienced professionals can help you navigate the business setup process and ensure that everything is done correctly. This can give you peace of mind knowing that your business is in good hands.

If you are serious about setting up a business in UAQFTZ, I highly recommend contacting BizDaddy. BizDaddy can help you make the process as smooth and stress-free as possible.