https://www.wisefinance.info/
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.
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.
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.
Due to the convenient and simple application process all your new company documentation will be issued within days.
Options for immediately available flexi desks (plug and play), serviced offices, as well as freehold & leasehold offices
for retail and commercial use.
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
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
| AED 13,500 | AED 11,500 | |
Consultancy License-
| AED 20,500 | AED 18,500 | |
Premium Consultancy License-
| AED 32,500 | AED 30,500 | |
General Trading License-
| 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 | – |