Sectors
Advantages
- UAE’s most affordable free zone option — packages from AED 5,500
- Business setup with visa from AED 12,500 — most competitive price point in UAE
- Add a second licence category for just AED 2,500
- Banking support included in some packages
- 100% foreign ownership with tax exemptions
Trade-offs
- UAQ is UAE’s least-developed emirate — very limited business infrastructure
- Banking access is very limited; need to use Dubai or Abu Dhabi banks
- Least prestigious UAE free zone address
Setting up
Cheapest and simplest free zone in UAE. Fast setup in 2–5 business days. Best for budget-focused entrepreneurs who don’t need a prestigious address.
Opening a bank account
UAQ has virtually no banking infrastructure. Companies must travel to Dubai/Abu Dhabi for banking. Some neo-banks (Wio) accept UAQ FTZ entities online.
Questions
How much does it cost to set up a company in UAQ FTZ?
Licence from AED 5,500; business setup with visa from AED 12,500. Additional licence category for AED 2,500.
What business sectors are supported by UAQ FTZ?
Umm Al Quwain Free Trade Zone supports: Trading, E-commerce, Consulting, Manufacturing, Media.
Is it easy to open a bank account with a UAQ FTZ licence?
UAQ has virtually no banking infrastructure. Companies must travel to Dubai/Abu Dhabi for banking. Some neo-banks (Wio) accept UAQ FTZ entities online.
Does UAQ FTZ require a physical office?
No, a physical office is not mandatory. Flexi-desk and virtual office options are available. Virtual office and flexi-desk available. Physical offices also available.
How many visas can I get through UAQ FTZ?
Visa quota: Based on package; typically 1–6 visas.