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This company can engage in the sale of camping and picnic goods, including food and beverage storage supplies, lightings, tents, linen, clothing, shoes, kits and other requisites.
The following business activity has been selected for the UAQ FTZ company setup:
The company can engage in up to 2 business activities from the service sector; or up to 3 types from different groups of the commercial sector, or up to 10 types from a single group of the commercial sector, under the same license without additional fees.
The minimum share capital required for UAQ FTZ company is AED 300,000. Its contribution is optional.
No additional approvals are required to register a company conducting this business activity.
Entrepreneurs can open corporate accounts in traditional banks with physical branches, as well as in digital banks and payment systems.
When choosing a bank to open a corporate account, consider the following: service level, fees, available currencies, online banking performance, bank reputation, as well as other conditions that may be important for your business.
Successfully opening a corporate bank account requires a well-prepared documentation package, which may vary depending on the specific requirements of each bank. Documents submitted incorrectly or incompletely may negatively affect the bank's final decision in processing the application.
UAQ FTZ (Umm Al Quwain Free Trade Zone) is a free economic zone (free zone) established in 1986 in the Emirate of Umm Al Quwain, UAE. Over the decades, UAQ FTZ has solidified its position as a dynamic and reliable hub for business, attracting companies from various industries and playing a key role in the economic development of the region.
The free zone offers a wide range of infrastructure solutions, including modern office spaces, warehouse facilities, and industrial zones. These resources are ideally suited for businesses in sectors such as trade, professional services, logistics, manufacturing, and e-commerce. Businesses registered in UAQ FTZ are permitted to operate both within the free zone and beyond the UAE.
UAQ FTZ issues the following types of business licenses:
Strategically located near key transport routes and ports, UAQ FTZ provides easy access to vital regional markets. The free zone ensures equal opportunities for startups, small and medium-sized enterprises, and large corporations, creating an environment conducive to growth, innovation, and the strengthening of business positions within the region.
The UAQ FTZ company registration provides various benefits and opportunities for entrepreneurs:
The UAE imposes a variety of taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:
UAQ FTZ offers the following main types of UAE resident visas for foreign investors and company employees:
With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with UAQ FTZ representatives, and assist in coordination
Receive expert guidance from an authorized consultant who will manage the entire process of obtaining UAQ FTZ services
An elite consultant will oversee the process of obtaining UAQ FTZ services, ensuring a seamless experience