Overview of UAQ Free Trade Zone (UAQFTZ)
The UAQ Free Trade Zone (UAQFTZ) features a quay wall of 845 meters, with 400 meters dedicated to handling ocean-going vessels. It includes 118,000 square meters of land for light industrial development. The Free Zone provides essential services such as water, electricity, communications, and labor accommodation, along with full administrative and logistical support for tenants.
Key Benefits
- Activities Allowed: You can engage in manufacturing, trading, and consultancy.
- Port Facilities: Utilize Ahmed Bin Rashid Port for feeder vessels and Ports in Sharjah.
- Ownership: Benefit from 100% foreign ownership.
- Visa Allocation: Obtain 4 visas for office units, with no restrictions for industry/assembly units on leased land.
Company Formation Process
- Submit Application: Submit a completed application form to start the process.
- Review and Approval: The Free Zone Authority reviews your proposal. After granting provisional approval, a meeting will be scheduled to finalize project details.
- Agreement Preparation: The Authority will prepare Lease and Secondment Agreements for your signature.
- Sign Agreements: Sign the Lease and Secondment Agreements during a scheduled meeting. Pay the Special License fee afterward.
- Lease Terms: The Lease Agreement lasts fifteen years, with an optional renewal period. The Authority will sponsor your staff, and you can submit entry permits after signing the agreements and starting construction. Note that staff sponsored by the Authority cannot work outside the Free Zone in the UAE.
You will receive a Special License, valid for one year and renewable annually, upon signing the Lease and Personnel Secondment Agreements.
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