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 a number of different licenses and permits that you may need to obtain in order to operate a business in UAQFTZ. The fees for these licenses and permits vary depending on the type of business you are operating and the size of your business.

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

Commercial license:

  • Registration fee: AED 35,000
  • Annual renewal fee: AED 10,500

Industrial license:

  • Registration fee: AED 35,000
  • Annual renewal fee: AED 10,500

Service license:

  • Registration fee: AED 28,000
  • Annual renewal fee: AED 8,400

Freelancer license:

  • Registration fee: AED 14,000
  • Annual renewal fee: AED 4,200

In addition to the above fees, you may also need to pay the following fees:

  • Visa processing fee: AED 1,500
  • E-channel registration fee: AED 2,150
  • Deposit for E-channel registration: AED 5,000 (refundable)
  • Office space rental fee: Varies depending on the size and location of the office space
  • Warehouse space rental fee: Varies depending on the size and location of the warehouse space
  • Land rental fee: Varies depending on the size and location of the land

It is important to note that the above fees are subject to change. Please contact UAQFTZ customer support for the most up-to-date fee information.

Which are the Industry-Specific Permits and Licenses for Company Formation?

Conclusion

The fees for licenses and permits in UAQFTZ are relatively low compared to other free zones in the UAE. However, it is important to budget for all of the associated costs, including the registration fee, annual renewal fee, visa processing fee, E-channel registration fee, deposit for E-channel registration, office space rental fee, warehouse space rental fee, and land rental fee.

Recommendation: BizDaddy

BizDaddy is a leading business setup consultant that can help you choose the right type of license and permit for your business in UAQFTZ and pay the associated fees. BizDaddy has a team of experienced professionals who can help you with every step of the process, from choosing a business activity to completing the application form to submitting the required documents.

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.