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Umm Al Quwain Free Zone authority is government backed autonomous arm of Umm Al Quwain emirate in the UAE which is authorized to incorporate business companies with “trade licence”. Umm Al Quwain Free Zone companies enjoy the same legal status inside the UAE as any other Free Zone company in the matters of trade, contracts, imports, exports, visa and banking. Umm Al Quwain Free Zone has been operating as an autonomous free zone. It has promise to grow rapidly in the next few years because of the advantages it offers particularly to those looking for economical set up and running costs as well as variety of licences. This free zone has three licences which are specially designed for needs of businessmen looking for activities not easily allowed elsewhere, for single professionals, and for most economical options. These special licences are Premium Consultancy, Micro Business, Freelancer Permit. They are shown below. Also unlike most free zones the company can be formed without owner being present in the UAE by using consultant’s services.