Business Setup In Fujairah mainland has become a popular destination for entrepreneurs who want to set up their business in the UAE due to its simplified business setup procedures and numerous advantages. This jurisdiction is overseen by the Department of Industry and Economy, responsible for issuing licenses and maintaining regulations. Fujairah Mainland offers benefits such as.

• Zero Income Tax
• Visa Sponsorship Support
• No Currency Restrictions
• Low Operational Costs
• Convenient Location
• Investor Friendly Policies
• Flexible Office Spaces

YUGA Accounting & Tax Consultancy has years of experience helping investors handle their business formation in Fujairah. We’ll help you through the application process and handle everything from start to finish, so you can enjoy business the way it’s meant to be– easy.

Select a Business License

In Fujairah Mainland, companies usually fall into one of several categories:

1) Professional License

Intended for individuals or firms providing consultancy, legal advice, accounting, or engineering services.

2) Commercial License

This license is intended for businesses involved in trading activities, including the buying and selling of goods.

3) FreeLancer Permit

Individuals providing freelance services like graphic design, writing, photography, or IT consultancy can acquire a freelancer permit.

4) Industrial License

Businesses engaged in manufacturing, processing, or production activities need an industrial license.

5) Tourism License

Businesses in the hospitality and tourism sector, such as hotels, restaurants, travel agencies, and tour operators, require a tourism license.

6) Representative Office

Similar to a branch license, a representative office license enables foreign companies to set up a presence in Fujairah Mainland for non-trading activities, such as conducting market research or liaising with clients.

7) Branch of Foreign Company

Foreign companies aiming to establish a presence in Fujairah Mainland can establish a branch office.

Required Documents and Steps to Obtain Your Business License

Securing your license in Fujairah has never been simpler! Here are the steps you should follow to obtain your license and the documents you’ll need to have on hand:

Types of Business Entities Allowed in Fujairah Mainland

Businesses in Fujairah Mainland generally fall into one of several categories:

1) Limited Liability Company (LLC)

An LLC is a popular choice among entrepreneurs due to its flexibility and protection of personal assets. Owners enjoy limited liability, meaning their personal assets are not at risk for business debts and obligations.

2) Professional Company

Professional companies are formed by licensed professionals to provide services in fields such as law, medicine, engineering, and accounting. These entities have specific regulations regarding ownership and liability.

3) Private Shareholding Company

A private shareholding company is similar to a public shareholding company but restricts the transfer of shares to a limited group of shareholders. It offers more privacy and flexibility compared to public companies.

4) Public Shareholding Company

Public shareholding companies issue shares to the public and are regulated by the Securities and Commodities Authority (SCA). They must comply with strict reporting and disclosure requirements.

5) General Partnership Company

In a general partnership, two or more individuals share ownership and management responsibilities. Each partner contributes capital, shares profits, and is personally liable for the company’s debts and obligations.

6) Joint Venture

A joint venture involves two or more parties collaborating for a specific business purpose or project. Each party contributes resources and shares risks and rewards according to the terms of the joint venture agreement.