The UAE is booming with businesses! If you’re looking to start or grow your company there, the Fujairah Free Zone (FFZA) is a great option for business setup in UAE. Fujairah is a popular spot in the UAE for starting a business because of its prime location.This area offers many benefits for foreign investors, like a simple process for setting up your business. The Fujairah Free Zone Authority (FFZA) is in charge of everything, from giving out business licenses to making the rules.
The FFZA offers a compelling proposition for businesses of all sizes:
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Strategic Location: Fujairah is like a business crossroads – close to major shipping routes connecting your business to the Arabian Gulf Ports, the Red Sea, India, and Pakistan.
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Foreign Ownership: You can completely own your business in the FFZA and take all the profits home.
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Simplified Setup: No need for mountains of paperwork – setting up your business in the FFZA needs minimal process.
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Cost-Effective: Benefit from low tax responsibilities, modern infrastructure, and reduced setup costs.
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Flexible Business Structures: Choose from various business licenses and entity types depending on your needs.
Business Licenses in Fujairah Free Zone
The FFZA allows different business activities through three primary licenses:
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Trading License: Ideal for buying and selling goods within the UAE or internationally (import, export, distribution, wholesale trade).
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Industrial License: Geared towards manufacturing and production activities within the Free Zone.
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Professional License: Designed for businesses offering professional services like consultancy or IT services.
Documents Required to to setup a business in Fujairah Free Zone
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Certified passport copy with UAE visa entry stamp
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Proof of address
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Bank reference letter
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Shareholder CVs
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Company application form
How to Get Fujairah Free Zone License
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Define Your Business Activity: Clearly identify your core business activities.
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Develop a Business Plan: Outline your business goals and strategies.
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Reserve a Company Name: Choose a unique and available company name.
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Determine Visa Requirements: Specify the number of visas needed for employees.
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Deposit Share Capital: Fulfill the mandatory capital deposit requirement.
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Obtain Shareholder Signatures: Secure signatures on company formation documents.
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Pay Fees and Register: Settle all applicable fees and finalize business registration.
Business Entity Options in Fujairah Free Zone
The FFZA allows you to choose a suitable business structure:
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Foreign Branch: Establish an extension of your existing company outside the UAE.
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Free Zone Establishment (FZE): Ideal for single shareholders seeking complete control.
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Free Zone Company (FZC): Suitable for two or more shareholders with shared ownership.
Get Expert Help for Your FFZ Setup
Working on the business setup process can be time-consuming. Raes Associates with years of experience in Business setup services in uae, helps you secure your business license, handle legal structures, and process visa applications. We ensure a smooth and efficient journey towards launching your business in the thriving Fujairah Free Zone. Contact Raes Associates today for your business success in the UAE!
