Free Trade Zones in Umm Al Quwain

Free trade zones in Umm Al Quwain are those areas that are exempted from 100% foreign ownership of the enterprise; 100% import and export tax exemptions; and 100% repatriation of capital and profits. These zones have also corporate tax exemptions for up to 50 years and no personal income taxes. In addition, these areas are offered assistance with labor recruitment, and other services such as housing and sponsorship. There are more than 38 free trade zones in the Umm Al Quwain including Umm Al Quwain Free Trade Zone (UAQFTZ), Dubai Academic City, Dubai International Financial Centre (DIFC), and Sharjah Airport International Free Zone. There are also a number of free zones that are under construction.