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Jafza Offshore Company in Dubai
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SETUP YOUR BUSINESS IN UMM AL QUWAIN FREE TRADE ZONE (UAQ FTZ) WITH FIRSTOFFSHORE
Launch your business in Umm Al Quwain Free Trade Zone (UAQ FTZ), an investor-friendly zone ideal for SMEs and micro-businesses. Enjoy 100% company ownership, zero currency restrictions, and cost-effective setup. Located just 45 minutes from Dubai International Airport, UAQ FTZ offers seamless global access.
Umm Al Quwain Free Zone - UAQ
Umm Al Quwain FTZ is an investor-friendly, progressive free zone established mainly to favor SMEs and micro-businesses, which will benefit from advantageous set-up costs, 100% company ownership, and zero currency restrictions. Located conveniently within 45 minutes from Dubai International Airport, it ensures easy access to the world.
Strategic Location
UAQ FTZ is located close to the UAE’s primary sea ports and within one hour’s drive of Dubai International Airport and Sharjah International Airport, ensuring seamless global access.
Business Setup in UAQ - Umm Al Quwain Free Zone
UAQ Free Trade Zone offers all the facilities of larger zones, attracting businesses looking for affordable licenses, office space, and warehousing.
What Does UAQ FTZ Offer to Investors
- Flexibility and ease of doing business
- Customer-friendly approach
- Investor-friendly climate
- Excellent growth opportunities
- Cost-effective leasing options for office space and warehousing
Types of Licenses in UAQ Free Zone
An UAQ Free Zone Company can operate under the following types of licenses:
Commercial License
Import, export, distribution, and storage of items specified on the license. Can have 3 different product lines or 10 similar product lines.
General Trading License
Trade in a wider range of activities, with freedom to trade in any commodity permitted within the UAE.
Consultancy License
For entities offering expert or professional advice, issued to professionals including artisans. Allows two similar activities.
Freelance Permit
Allows an individual to operate as a freelance professional under their own name.
Industrial License
For importing raw materials, manufacturing/processing products, and exporting the finished product.
Service License
Carry out services specified on the license such as logistics, courier services, and car rentals.
Legal Entities Under UAQ FTZ
UAQ Free Zone offers the following types of legal entities for businesses:
Free Zone Establishment (FZE)
A single shareholder business entity within the Free Zone.
Free Zone Company (FZC)
A company with two to 50 shareholders within the Free Zone.
Branch of an Existing Company
Foreign companies can establish a branch within the Free Zone.
UAQ Visa Costs
Umm Al Quwain Free Zone visa is one of the most affordable visas in the UAE. All visas are valid for 2 years.
| Visa Type | Free Zone Visa Fee (AED) | Medical Checkup (AED) | Emirates ID (AED) |
|---|---|---|---|
| Investor/Employee | 2,500 AED | 637 AED | 370 AED |
Visas for Dependents
Dependents can easily obtain a visa with the following requirements:
- Apartment rent agreement
- Attested birth/marriage certificates (UAE Embassy)
- Stamped resident visa of the sponsor
Resident visas can be opened remotely without your visit to UAQ. You may reside in any of the Emirates with a visa from there.
High-Risk Countries
Citizens from certain countries may face challenges in obtaining a resident visa. These include:
- Syria
- Egypt
- Sudan
- Turkey
- Bangladesh
- Iraq
- Algeria
Security approval can be done prior to payment for company registration to check visa eligibility. The high-risk list frequently changes, so it's always possible to accommodate individuals of any nationality.
UAQ Company Liquidation
Company liquidation requires either a personal presence of the owner or a visit of a PoA holder. You will need to return all original documents of the company to UAQ, make the payments, and wait about 1 month for the procedure to be completed.
The Liquidation Procedure
-
1. Provide Obligatory Documents:
- Deregistration form
- Visa cancellation form
- Copies of passports and visas for all visa holders
- Shareholder resolution signed by shareholders stating the reason for liquidation
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2. Pay Cancellation Fees:
- License cancellation - 3,000 AED
- Establishment card cancellation - 250 AED
- Visa cancellation - 350 AED per visa (if the applicant is inside the UAE, otherwise 600 AED)
- 3. Advertisement in the Newspaper: An advertisement is placed for 15 calendar days announcing the liquidation of your company.
- 4. Shareholder Visa Cancellation: The process of visa cancellation starts (4-5 days).
- 5. Deregistration Confirmation: A deregistration letter is sent to your email confirming the cancellation of your company.
Note: The entire liquidation process may take around 1 month to complete, depending on the completeness of the documents and timely payments.
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