Ahmed Bin Rashid Free Zone - Umm Al Quwain
Complete guide to registering your company in Ahmed Bin Rashid Free Zone. Understand requirements, fees, registration process, and annual compliance obligations for trading and service businesses.
About Ahmed Bin Rashid Free Zone
Ahmed Bin Rashid Free Zone (formerly known as UAQ Free Trade Zone) is located in Umm Al Quwain, offering one of the most cost-effective free zone solutions in the UAE. Ideal for startups, SMEs, and traders seeking affordable company formation with full ownership benefits, modern infrastructure, and strategic location between Dubai and Ras Al Khaimah.
License Types Available
General Trading License
For import, export, and distribution of general commodities, consumer goods, and trading activities.
Service License
For consulting, IT services, marketing, business support services, and professional activities.
E-commerce License
For online retail, digital marketing, dropshipping, and internet-based business operations.
Industrial License
For light manufacturing, assembly, packaging, and production activities within the free zone.
Registration Requirements
- Passport Copies: Color copies of passports for all shareholders and managers
- Proof of Address: Recent utility bill or bank statement for all shareholders
- Business Activity: Clear description of intended business activities and trade names
- Emirates ID: Copy of Emirates ID (if UAE resident shareholder)
- No Objection Letter: NOC from current sponsor (if UAE resident applying for license)
Step-by-Step Registration Process
Select License & Trade Name
Choose license type and submit trade name for approval through free zone portal
Timeline: 1 day
Submit Application & Documents
Complete online application form and upload required documents
Timeline: 1-2 days
Payment of Fees
Pay license fees, office space rental, and registration charges
Timeline: Same day
License Issuance
Receive trade license, establishment card, and shareholder certificates
Timeline: 1-2 days
Bank Account Opening
Open corporate bank account with UAE banks using trade license
Timeline: 1-2 weeks
Visa Processing (Optional)
Apply for residence visas for shareholders and employees if required
Timeline: 2-3 weeks
Fee Structure
| Description | Amount (AED) |
|---|---|
| Trade License Fee (Annual) | 7,500 - 12,000 |
| Registration Fee (One-time) | 1,000 |
| Virtual Office (Annual) | 3,000 - 5,000 |
| Physical Office (Annual) | 12,000 - 50,000 |
| Establishment Card | 500 |
| Visa Quota (per visa, optional) | 2,500 - 4,000 |
* Most affordable free zone in UAE. Package deals available starting from AED 10,000.
Annual Compliance Requirements
License Renewal
Renew trade license annually before expiry. Renewal process is simple and can be done online.
Office/Virtual Office Renewal
Maintain valid office space agreement (virtual or physical) as per free zone regulations.
Financial Statements
Maintain basic accounting records. Audit not mandatory unless specified by business activity.
Corporate Tax Filing
Register for Corporate Tax and file annual returns. QFZP status may provide 0% CT on qualifying income.
VAT Filing (if applicable)
Register for VAT if taxable supplies exceed AED 375,000 threshold. File quarterly returns.
Economic Substance Reporting
Submit annual ESR notification for relevant activities (typically not applicable for trading/service companies).
Tax Implications
QFZP Status Benefits
Ahmed Bin Rashid Free Zone companies may qualify as Qualifying Free Zone Person (QFZP) and enjoy:
- 0% Corporate Tax on qualifying income
- 9% on non-qualifying income (mainland transactions)
- De minimis threshold of 5% or AED 5M for non-qualifying revenue
Related Free Zones
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