Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strategic initiative of the Government of Umm Al Quwain, with a mandate to provide the required infrastructure and incentives for a prosperous business community. Conveniently located just 30 minutes from Dubai International Airport, Umm Al Quwain is a friendly, progressive and prosperous emirate within the United Arab Emirates.
Getting a business license is the most important thing to do if you want to start your business in the UAE. This establishes the nature of your corporation and your company’s legitimacy. Categorise your business according to the list provided by UAQ Free Trade Zone and you are ready to apply for your business license.
A business engaging in the purchase and sales of goods in the UAE or outside the UAE are granted commercial licenses. Commercial licenses authorise the import, export, storing and distribution of items specified on the license.
General Trading License comes under the broader category of commercial license. This enables the licensee to trade in a wider range of activities and gives the freedom and flexibility to trade in any commodity which is permitted within the UAE.
The UAE offers great opportunities for service providers and the services sector is one of the key drivers in the economic growth of the UAE. In UAQ Free TRade Zone, Service Licenses help service companies to incorporate companies, market and distribute their services.
A freelance license or work permit allows an individual to operate as a freelance professional, and conduct business in one’s birth name as opposed to a brand name or company. It is designed for individuals who operate in technology, media and film sectors, and is issued to talent roles, creative roles and selected administrative roles.
A company incorporated in the UAE will need a business license if it is involved in the process of manufacturing and production, where natural material is transformed to finished goods. A physical office or warehouse is mandatory for Industrial Licenses and the UAQ Free Trade Zone offers leasable land units with the lowest operating costs in this region for industries.