- Expert Industry Insights
- Bank Account Setup Assistance
- Cost-Effective Setup Packages
- Vast Partner Network
- Dedicated Account Manager
- Comprehensive Post-Setup Support
- Timely and Efficient Service Delivery
ALL ABOUT 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 a Fujairah free zone business setup, FFZ offers a strategic location and valuable opportunities for your business growth.
Fujairah Free Zone Advantages
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.
- Zero percent corporation and personal tax
- 100% company ownership
- 100% repatriation of capital and profits
- No currency restrictions
- 100% import and export tax exemption
Unique Advantages of Fujairah Free Zone
- Company formation in the Fujairah free zone will provide you with state-of-the-art facilities
- Company setup in the 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 the 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 with the security of investment.
Fujairah Free Zone Company Formation Process with Raes Associates
The company formation process in Fujairah Free Zone is simple and efficient. Here’s how Raes Associates will guide you through it:
Business Activity Selection: Choose from over 1,000 available business activities.
License Application: We assist in applying for the appropriate license based on your industry.
Documentation Support: From passport copies to business plans, we handle the paperwork for you.
Office Leasing: Flexible options, including shared office spaces and private offices.
Visa Processing: Assistance with visas for investors, employees, and dependents.
Bank Account Opening: Complete support for opening a corporate bank account.
Type of Companies in Fujairah Free Zone
It provides three types of company ownership for business setup:
Business Licenses Offered in Fujairah Free Zone
The Fujairah Free Zone caters to a wide range of business activities by offering a variety of licenses to suit your specific needs.
Documents Required for Company Setup
To ensure a smooth process, having all documents complete and officially certified (attested) by the necessary authorities is essential. This official certification verifies the authenticity of your documents and promotes transparency.
Completed application form
Passports and residence visas
Comprehensive business plan
Additional documents (may vary)
Types Of Business Activities Allowed In Fujairah Free Zone
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. The Fujairah free zone activity list is as follows:
Some More Benefits of the Fujairah Free Zone
Multiple Visa Applications
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.
No Office Space Required
Fujairah free zone permits entrepreneurs to apply for more than one visa without the need to have 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 businesses up and running in no time. Without the need for commitments or minimal or overhead costs for startups.
Favors Different Types Of Business
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 in mixed industries provides the opportunity to broaden horizons and collaborate. 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 the sharing of knowledge and transfer of skills amongst subsectors.
Affable For E-Commerce
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, the Fujairah free zone makes it far easier to acquire a business license for an e-commerce business. With the most cost-effective packages, it has to offer.
Easy To Setup A Corporate Bank Account
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.
Sponsor Dependents With Ease
While it has already been talked about in length how easy it is to set up and get a visa in the Fujairah free zone, in fact, it is equally easy for entrepreneurs to sponsor their families for their 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 – whom you are sponsoring, meet the criteria for entering the free zone before applying.
Facilitate Businesses Of All Sizes
There are equal advantages for single owners and large enterprises alike in FFZA. Businesses of all sizes have access to fully furnished facilities in the Fujairah free zone. As well as for those companies that desire their stamp in their surroundings, it provides an open plan and blank canvas offices as well. For solo entrepreneurs and freelancers, the facility of flexible desk space according to their needs is also available.
Perfect Location
Last but not least, the 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.
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