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UAE Corporate tax of 9% to take effect from 1st June 2023

UAQ Free Trade Zone

  • Physical presence in the UAE not required to incorporate your new company –

    The company formation process can be completed from the comfort of your own home via the Free Zone’s simple and quick application
    process. Furthermore if you already hold a UAE residency visa, we don’t require an NOC from your current sponsor in order
    to form your new company.

  • No Paid up Share Capital or Annual Audit –

    Unlike many other Free Zone options, you aren’t hampered by having to block a large share capital amount with your bank in
    order to form your new company, nor do you have to go through the time and expense of a cumbersome company audit every
    year to renew your trade license.

  • 100% repatriation of Capital and Profits –

    Unlike many other countries, you will have full freedom to repatriate all your invested capital and profits, furthermore
    in the UAE there are also no foreign exchange controls and currency restrictions.

  • All Company Documentation issued within days –

    Due to the convenient and simple application process all your new company documentation will be issued within days.

  • Ability to combine a variety of activities –

    Options for immediately available flexi desks (plug and play), serviced offices, as well as freehold & leasehold offices
    for retail and commercial use.

  • Commercial Trading License

    Allows the client to import, export, distribute, consolidate and store items specified in the license. This is limited to
    3 different product lines or 10 similar product lines

  • General Trading License

    Allows the client to import, export, distribute, consolidate and store items of a diversified, unlimited and unrelated number
    of products (multiple products).

UMM AL QUWAIN FREE TRADE (UAQFTZ) ZONE

A- LOCAL FEES TABLE

Type of License:
A license depends on the company’s activity and is required to conduct this activity. The below costs include the registration
and License costs.

1st Year

Subsequent Year

Micro Business License

  • no office required and no visa

AED 13,500

AED 11,500

Consultancy License-

  • office required- 2visas for flexi desk

AED 20,500

AED 18,500

Premium Consultancy License-

  • office required- 3 visas for flexi desk

AED 32,500

AED 30,500

General Trading License-

  • office required- 3 visas for flexi desk

AED 27,500

AED 25,500

Office Facility :
An Office is required to be granted a license. The number of visas will depend on the type of license and the rented
space. 

One visa is granted per 9 sqm

Size (sqm)

1st Year

Subsequent Year

Flexi Desk – Premium office

AED 16,000

AED 16,000

Business Center office

On demand

On demand

On demand

Miscellaneous Documents :
To register in Residency Department an Establishment Card is required.

1st Year

Subsequent Year

Establishment Card

AED 620

Visas:
Cost of each visa varies from the location of the applicant, whether application is inside or outside UAE. 
A Bank Guarantee Deposit is not required. Applicant must be outside of UAE during the obtaining of the Entry permit,
no possibility to amend visa status.

1st Year

Subsequent Year

Investor visa  – 3 years validity

AED 2,600

Employee visa – 2 years validity

AED 2,300

Guarantee Deposit per visa

Medical test and ID

AED 1,300

    Type of set-up preferred: Regular CompanyBranch of UAE-based CompanyBranch of Foreign CompanyEstimated Number of Visas required: Proposed Company Names: Brief Business Summary: I want to receive the latest promotions and updates from Wise Consultancy

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