UAQ FTZ’s start-up friendly E-commerce License is a boon to retailers in these challenging times as it focuses on minimal investment to sell online
Optimising cash flow by selling without a physical office
With sales completely shifting online globally, UAQ FTZ’s start-up friendly E-commerce License is a boon to retailers in these challenging times as it focuses on minimal investment to sell online. The result is seen in the 70% increase in new e-commerce licenses in the last three months.
“We have seen a surge growth in sales of our E-commerce licenses in the last few months as people searching for an affordable but value-packed license sees us as a great growth partner,” says Johnson George, General Manager of the Free Zone. “Our transparent, flat-fee pricing helps businesses keep cost to the minimum and reduce risk, all while getting a valid license that helps them sell online to any part of the world.”
“One thing many budding entrepreneurs don’t understand is that you can’t legally complete transactions without an E-commerce License while selling online,” added Mr George. The cost-efficient license helps online start-ups stay compliant and build credibility, but at the same time create higher margins and better cash flow as it offers the flexibility of selling without a physical office. Once the start-up becomes successful, they could scale up by getting an office or warehouse at the free zone as it’s a one-stop-shop for all business needs; from logistics to staffing.
As it is an international free zone, you can run your business from anywhere in the world with the UAQ Free Trade Zone e-commerce license. For online businesses that have physical offices at the Free Zone, it offers a strategic location with superb road infrastructure, proximity to all the important seaports in UAE and great air connectivity for shipping to any part of the world.
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About UAQ FTZ
Winner of the Qadat Al Tagheer Award for the “Best Free Zone for Startups and SMEs” at the 5th UAE – India Economic Forum (UIEF), Umm Al Quwain Free Trade Zone is a fast-growing logistics and business hub in the MENA region which offer a host of benefits that include 100% foreign ownership, 100% repatriation of capital and profits, zero currency restrictions, 100% import and export tax exemption within the free zone, simple and fast registration process, excellent customer support, no restrictions on hiring foreign employees, and many other modern and investor-friendly rules & regulations.