Umm Al Quwain Free Trade Zone (UAQ FTZ) is indeed an investor-friendly and progressive free zone in the UAE. Here are some key advantages and features of UAQ FTZ:

Favorable for SMEs and Micro-Businesses: UAQ FTZ is designed to support small and medium enterprises (SMEs) and micro-businesses by offering advantageous set-up costs, 100% company ownership, and zero currency restrictions. This makes it an attractive option for entrepreneurs looking to establish or expand their business in the UAE.

Strategic Location: UAQ FTZ is conveniently located within 45 minutes from Dubai International Airport, making it easily accessible for international travel and business connections. Additionally, it is situated close to the UAE’s primary sea ports and within one hour’s drive of both Dubai International Airport and Sharjah International Airport, ensuring easy access to global markets.

Infrastructure and Facilities: The free zone provides modern infrastructure and facilities to support businesses, including office spaces, warehouses, and logistics services. This enables companies to operate efficiently and effectively within the free zone environment.

Business Flexibility: Um Al Qwain Freezone offers a range of business activities and license types, allowing companies to choose the most suitable options for their operations. Whether it’s trading, manufacturing, services, or consultancy, businesses can find the right license and setup to meet their needs.

Supportive Environment: The free zone provides a supportive business environment with streamlined processes for company registration, visa issuance, and other administrative procedures. This helps businesses save time and focus on their core activities.

Overall, UAQ FTZ presents a compelling proposition for businesses looking to establish a presence in the UAE, especially for SMEs and micro-businesses seeking a cost-effective and investor-friendly environment.

An UAQ Free Zone Company offers various types of licenses to cater to different business activities and needs:

Commercial License: Allows for import, export, distribution, and storing of specific items mentioned on the license. A Commercial License can have up to three different product lines or 10 similar product lines.

General Trading License: Provides the freedom to trade in a wider range of activities, allowing the trading of any commodity permitted within the UAE.

Consultancy License: Issued to entities offering expert or professional advice across various sectors. This license is suitable for professionals such as artisans, craftsmen, and consultants and allows for two similar activities.

Freelance Permit: Enables individuals to operate as freelance professionals using their birth name rather than a brand name or company. It’s ideal for independent professionals offering services such as consulting, writing, design, etc.

Industrial License: Allows for the import of raw materials, followed by manufacturing, processing, assembly, packaging, and exporting the finished products.

Service License: Permits the provision of specific services within the Free Zone, including logistics, courier services, insurance, travel agency, tour services, car rental, and more.

These diverse license options cater to a wide range of business activities, providing flexibility and choice for companies operating within the UAQ Free Zone.