Fujairah – Freezone

FREE CONSULTATION FORM

Company type Free Zone Limited Liability
Governing corporate legislation Fujairah Free Zone Authority
Accounting requirement No accounting or auditing requirements
Taxation No corporate or personal taxation
Local sponsor requirement Not needed
Foreigner ownership 100%
Residence visa issuance Residence Visa issued
Number of directors needed A minimum of one director

FUJAIRAH FREE ZONE

Fujairah Free Zone is adjacent to the Port of Fujairah. Companies established here have easy access to all Arabian Gulf ports, the Red Sea, India and Pakistan on weekly feeder vessels. Mainline services arrive from Northern Europe, the Mediterranean, Far East and North America on a weekly basis, and services leave twice weekly to the Far East and once a week to North America. Fujairah Free Zone is also close to Fujairah International Airport which is the only airport serving the UAE East Coast as well as northern Oman. A fortunate combination of geographic location, with access to world’s major shipping routes, a fine port & airport, and streamlined procedures, make the Free Zone of Fujairah an ideal place for business.

Types of Incorporations:

New Business Entities

  • Free Zone Establishment (FZE) – an entity with a sole owner.
  • Free Zone Company (FZC) – an entity owned by two – five partners.

Branches: New business entities can have two types of Branches:: (1) branch of a company registered in the UAE, or (2) branch of a company registered in a foreign country

Fujairah Free Zone License Types

Like all other free zones, a company needs to obtain a business license before it can establish its respective business in Fujairah Free Zone. Business licenses are categorized according to nature of activity:

Commercial License

  • General Trading License
  • Consultancy / Services License
  • Industrial License

Types of Licenses Available in Fujairah Creative Zone

  1. Publishing
  2. Management of Broadcasting
  3. Marketing and Media Services
  4. Music and Entertainment
  5. Consultancy
  6. Broadcasting
  7. Production/Post-Production/Filming
  8. Information Technology Services

Why Fujairah Free Zone for Business Formation?

  • Simple procedures for staffing and recruitment
  • The timely and efficient immigration process
  • Efficient communication and advanced infrastructure
  • Sponsorship and visas for an affordable skilled workforce
  • 100% foreign ownership
  • Full repatriation of capital and profits
  • 100% free transfer of funds and no foreign exchange controls
  • Exemption from import/export duties and low freight charges
  • Liberal economic policies and legal framework
  • Total safety for investors and cost-effective investment facilities
  • Reduced infrastructure investment cost
  • Investor-friendly governmental policies
  • State-of-the-art communication system
  • Diversified investment opportunities like investing in agriculture, tourism and other sectors
  • No restriction on the recruitment of foreign employees