UAQ FTZ licensees have to apply for license amendments which are mandatory procedures fulfilled by the shareholder/s wishing to amend the company information. Licensees can activate the license in line with the changes after the amendment is approved.
Timely license renewal is important for smooth operations of companies registered with UAQ FTZ. UAQ FTZ licenses are issued for one year and to continue the business trade, the licenses should be renewed periodically.
Business cannot be carried out with an expired license and the shareholder/s or Manager of any company must renew the license every year. To avoid fines, renewal must take place before the license expires.
We notify our clients when their license validity expires so that they can promptly renew them.