UAQ Free Trade Zone: Affordable Business Setup & Company Formation in UAE

Authority Name: Umm Al Quwain Free Trade Zone (UAQ FTZ) Website: https://uaqftz.gov.ae/ Jurisdiction Type: Free Zone Description: UAQ Free Trade Zone is one of the most cost-effective free zones in the UAE, offering excellent value for startups and SMEs. Located in Umm Al Quwain emirate, it provides 100% foreign ownership, zero corporate and personal income tax, full profit repatriation, and minimal compliance requirements. UAQ FTZ is particularly attractive for small businesses, trading companies, and service providers seeking the lowest setup costs in the UAE with simplified registration procedures. Approximate Pricing (AED): 5,500 - 12,000 AED Category: authorities The Umm Al Quwain Free Trade Zone (UAQ FTZ) stands out as one of the UAE's most budget-friendly free zones, delivering exceptional value for startups and SMEs looking to establish their presence in the region. Located in the strategic emirate of Umm Al Quwain, UAQ FTZ offers a streamlined approach to **company formation in Dubai** and the wider UAE, with 100% foreign ownership, zero corporate and personal income taxes, and full profit repatriation. This jurisdiction is particularly attractive for international entrepreneurs and businesses seeking low-cost **business setup in Dubai** alternatives without compromising on benefits. With setup costs ranging from 5,500 to 12,000 AED – among the most competitive in the country – UAQ FTZ minimizes financial barriers while maintaining straightforward compliance requirements. The free zone caters to a diverse range of activities, including trading companies, service providers, and small enterprises, all of which benefit from simplified registration procedures and quick licensing turnaround times. Unlike mainland jurisdictions, UAQ FTZ eliminates the need for local sponsors, giving foreign investors complete control over their operations. Its cost-efficient model makes it an ideal choice for businesses prioritizing affordability during **UAE company incorporation**, while still accessing world-class infrastructure and connectivity to major UAE markets. The authority’s focus on SMEs and startups extends to flexible office solutions and virtual licensing options, further reducing overhead costs. For those exploring **UAE free zone companies**, UAQ FTZ combines regulatory simplicity with long-term advantages, including exemption from import/export duties and access to double taxation treaties. Whether you're launching a new venture or expanding into the Gulf region, UAQ FTZ provides a practical gateway to the UAE market with transparent pricing and minimal bureaucratic hurdles. Visit their official website at https://uaqftz.gov.ae/ to explore tailored solutions that align with your business goals.