Business Setup in Fujairah
Free Zone

Located in the north of emirate’s capital, Fujairah City, the Fujairah Free Zone (FFZ) is a special economic zone. The FFZ is one of the seven emirates that comprise the United Arab Emirates (UAE).

Fujairah’s unique and strategic location holds a key role in its development and has reached new heights under the leadership and vision of Sheikh Hamid Bin Mohammad Al Sharqi, who is the ruler of Fujairah. For entrepreneurs and business owners, it is important to understand the free zone regions as they help you set up your business venture in the UAE. If you are considering Fujairah free zone business setup or Fujairah free zone company setup, FFZ offers a strategic location and valuable opportunities for your business growth.

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Fujairah Free Zone Company Formation

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Setting up a company in Fujairah Free Zone offers unparalleled advantages due to its strategic location. Right next to the Port of Fujairah, it provides easy access to nearby markets and benefits from its proximity to Fujairah International Airport, the sole airport serving the UAE East Coast. The emirate of Fujairah boasts a prime geographic location with access to major shipping routes globally, making it an ideal choice for businesses.

When considering setting up a company in Fujairah, businesses benefit from three key factors: connectivity, accessibility, and economy. Companies in the Fujairah Free Zone enjoy seamless access to the Gulf Coast, Pakistan, India, Iran, and the Red Sea. Additionally, they have access to mainland services from Europe, North America, the Mediterranean, and the Far East. With streamlined procedures and excellent transportation links, the Fujairah Free Zone is the optimal choice for company formation. Setting up a company in Fujairah is easy and efficient, making it a top choice for entrepreneurs.

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Type of Companies in Fujairah Free Zone

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It provides three types of company ownership for business setup:

• Free Zone Establishment (FZE): A free zone establishment is an entity with sole ownership.

• Free Zone Company (FZC): A free zone company is an entity that can be owned by 2 to 5 partners.

• Branch/Representative office: Both UAE-based and foreign companies can establish a branch office.

 

Business Licenses in Fujairah Free Zone

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Fujairah Free Zone Authority provides a number of business licenses to meet the needs of individuals and companies.

• Trading and general trading license:

        Under a trading and general trading license, one is entitled to carry out import, export, and re-export freely.

• Warehousing license:

        It entitles the investor to use the warehouse as a center for the distribution, storage, and packaging of goods.

• Manufacturing license:

        This license allows investors to set up manufacturing plants and industries.

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Documents Required for Company Setup

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• Several types of documents will be required to submit to all relevant authorities.

• All these documents must be complete and fully attested.

• Complete information about shareholders, directors, and managers is mandatory.

 

Types Of Business Activities Allowed In Fujairah Free Zone

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Fujairah Free Zone attracts foreign investors and business-minded people from all over the world, given the world-class and cost-effective facilities provided by the Free Zone Authority. Fujairah free zone activity list is as follows:

• Broadcasting and management

• Publishing

• Media Services and Marketing

• Entertainment and Music

• Broadcasting

• Consultancy

• Filming/Production/Post-production

• Information Technology Services.

 

Fujairah Free Zone Advantages

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The free zones are established to encourage new investors and provide them with ease of doing business. Fujairah free zone rules and regulations and advantages are the same as the rules and advantages of any other free zone in the UAE. Which are as follows:

• Zero percent corporation and personal tax

• 100% company ownership

• 100% repatriation of capital and profits

• No currency restrictions

• 100% import and export tax exemption

While these are the typical advantages of a free zone, there are some advantages that are particular to a specific free zone, different from all the other regions.

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Unique Advantages of Fujairah Free Zone

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• Company formation in Fujairah free zone will provide you with state-of-the-art facilities

• Company setup in Fujairah free zone will provide you exemption from customs duties

• It will provide you access to regional and global markets by land, air, and sea

• It will give you access to Fujairah Port and Fujairah International Airport

• 100% corporate and personal tax exemption on company formation

• 100% repatriation of capital and profits on company incorporation

• There is no hidden cost of business setup in Fujairah free zone

• It provides Investor-friendly policies for company formation

• Efficient and cost-effective solutions are available.

• 100% foreign ownership of Business setup

• It will provide you the security of investment.

 

Some More Benefits of Fujairah Free Zone

• Multiple Visa Applications

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One of the biggest attractions of the Fujairah zone is that it enables new investors and entrepreneurs to apply for multiple visas without leasing physical office space. The Fujairah zone offers a ‘Baby Business’ package under which entrepreneurs can sign up for Flexi-desk service, which offers flexible access to desk space. A total of six visas can be applied for under this package.

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• No Office Space Required

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Fujairah free zone permits entrepreneurs to apply for more than one visa without the need of having a physical office space, in fact, there is no need to have an office space at all. It possesses packages for single owners and freelancers, which makes it easy for entrepreneurs to get their business up and running in no time. Without the need for commitments or minimal or overhead costs for startups.

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• Favors Different Types Of Business

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The advantages of sector-specific free zones are often talked of. Which are pitted against those that are welcoming of a number of different types of business. However, in fact, both of them have a lot of advantages. While working with experts of your field in close quarters is a great opportunity for learning and sharing knowledge, working among mix industries provides the opportunity of broadening horizons and collaboration. Fujairah Free Zone Authority is particularly highly favorable because it brings the two worlds together. For instance, free zones are particularly beneficial for creative industries like broadcasting and advertising, and media, which consist of a range of subsectors such as HR, IT, e-commerce, publishing, consultancy and design, and training. Which makes free zones favorable for different types of businesses. As well as allow sharing of knowledge and transfer of skills amongst subsectors.

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• Affable For E-Commerce

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Securing a business license for setting up an e-commerce business can be risky in the UAE, specifically when setting up in a free zone. However, Fujairah free zone makes it far easy to acquire a business license for an e-commerce business. With the most cost-effective packages, it has to offer.

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• Easy To Setup A Corporate Bank Account

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It is normal to drown in heaps of paperwork while setting up a business in any part of the world. Which is the same case in the UAE as well. Hence, people are always on the lookout for ways of lessening that burden. While it is normal to expect standard assistance during business registration in any free zone of UAE, Fujairah free zone will provide assistance and help during the opening and choosing of a corporate bank account as well.

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• Sponsor Dependents With Ease

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While it has already been talked about in length of how easy it is to set up and get a visa in Fujairah free zone, in fact, it is equally easy and straightforward for entrepreneurs to sponsor their families for their own residence and visa as well. The process of setting up a business in FFZA is easy – consisting of 4 steps only, however, it is always a good idea to consult an expert before going for it. The experts make sure that you and your family member – who you are sponsoring, meet the criteria of entering the free zone before applying.

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• Facilitate Businesses Of All Sizes

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There are equal advantages for single owners and large enterprises alike in FFZA. Businesses of all sizes have access to fully furnished facilities in Fujairah free zone. As well as for those companies which desire their stamp in their surroundings, it provides an open plan and blank canvas offices as well. While for solo entrepreneurs and freelancers, the facility of flexible desk space according to their needs is also available.

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• Perfect Location

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Last but not least, Fujairah free zone is the perfect location. The strategic location of this free zone, on the east coast of UAE, is as big of a selling point as the cost-effective facilities provided for setting up a business. The Fujairah free zone is only 90 minutes away from the Dubai business district, located just off of E89 road. As well as it is situated within the easy range of a number of international airports. Fujairah is known as the ‘Jewel of the Middle East’, because of being an excellent hub for tourists and business travelers alike, as well as showing off the beautiful, sun-kissed beaches and majestic mountain ranges.