A method and apparatus for setting up an UpLink common bearer shared by a plurality of User Equipments (UEs) in a wireless communication network is provided. The apparatus includes a Serving GateWay (S-GW) for receiving a group identifier of a UE from a Mobility Management Entity (MME), sending a create bearer request message including the group identifier to a Packet Data Network (PDN) GateWay (P-GW), receiving a create bearer response message including UL common S5 bearer information (UL common S5 info) for a group corresponding to the group identifier from the P-GW, and sending a create bearer response message including UL common S1 bearer information (UL common S1 info) to the MME, and the P-GW for receiving the create bearer request message from the S-GW, and generating and sending the create bearer response message including the UL common S5 info.