Money Exchange in UAQFTZ
UAQ Free Trade Zone — Umm Al Quwain, UAE. From AED 5,000/yr.
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Setting Up Money Exchange in UAQFTZ
To operate a money exchange 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
A money exchange provides currency exchange, remittance services, and international money transfer. The UAE's large expatriate population drives one of the world's highest remittance volumes.
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 |