Microfinance in UAQFTZ
UAQ Free Trade Zone — Umm Al Quwain, UAE. From AED 5,000/yr.
Start Microfinance
Get expert help setting up in UAQFTZ. Free consultation.
Setting Up Microfinance in UAQFTZ
To operate a microfinance business in UAQ Free Trade Zone, you need a Professional license. UAQFTZ is located in Umm Al Quwain and specializes in trading, manufacturing, services.
Key features: Most affordable UAE free zone
Microfinance operates within the UAE's regulated financial ecosystem, one of the most developed in the MENA region. Licensed across 17 free zones, this activity serves individuals and businesses. A professional license is required, typically suited for service-based and specialist activities.
About UAQFTZ: UAQ Free Trade Zone (UAQFTZ) in Umm Al Quwain offers the most affordable free zone licensing in the UAE. It provides trading, manufacturing, and services licenses with minimal startup costs. UAQFTZ is the go-to option for entrepreneurs seeking the lowest possible entry cost to the UAE market.
Cost Packages at UAQFTZ
| Package | License Fee | Visas | Office | Total Year 1 |
|---|---|---|---|---|
| UAQ FTZ Starter (0 visa) | AED 5,000 | 0 (AED 0/pp) | Virtual AED 0 | AED 5,000 |
| UAQ FTZ 1 Visa | AED 6,000 | 1 (AED 3,500/pp) | Flexi Desk AED 0 | AED 9,500 |
| UAQ FTZ 2 Visa | AED 8,000 | 2 (AED 3,500/pp) | Flexi Desk AED 0 | AED 15,000 |
Requirements
| License Type | Professional |
|---|---|
| Activity Category | Finance |
| Free Zone | UAQ Free Trade Zone |
| Emirate | Umm Al Quwain |
| Minimum Setup Cost | AED 5,000 |
| Official Website | www.uaqftz.com |