Fujairah stands out as one of the most popular Free Zones in the UAE, attracting numerous investors looking to establish their businesses. Its strategic location provides comprehensive access to major ports across the Arabian Gulf, the Red Sea, as well as India and Pakistan. This jurisdiction is highly favorable for foreign investment, offering streamlined processes for setting up a business. Managed by the Fujairah Free Zone Authority (FFZA), this area oversees business licensing and enforces regulations. Here are some of the key benefits it offers:
- Low Tax Responsibilities
- 100% Foreign Ownership
- No Requirement for Physical Office Spaces
- Streamlined Application Processes
- Modern Infrastructure
- 100% Repatriation of Profits
- Low Setup Costs
- Full Repatriation of Profits and Capital
YUGA Accounting & Tax Consultancy has over 20 years of experience helping investors through the business setup process in Fujairah Free Zone. We’ll handle everything, from business licensing to legal structures and visa applications, ensuring you a smooth business setup experience from start to finish.
Select Your Business License
In the Fujairah Free Zone, you can select from a variety of business license types:
01) Industrial License
An Industrial License is designed for businesses engaged in manufacturing, production, and industrial activities within Fujairah Free Zone. This license permits companies to establish manufacturing facilities, engage in industrial processes, and produce goods.
02) Professional License
A Professional License is for individuals and firms offering professional services such as consulting, legal, accounting, IT, and other specialized services within the Fujairah Free Zone.
03) Trading License
A Trading License in the Fujairah Free Zone is for businesses buying and selling physical goods within the UAE or internationally. This license permits companies to engage in import, export, distribution, and wholesale trade activities.
Required Documents and Steps to Obtain Your Business License in Fujairah Free Zone
Getting your license in the Fujairah Free Zone is intended to be straightforward. Here are the steps you need to follow and the documents you’ll need to have on hand to begin the licensing process:
Required Documents
- Certified passport copy and UAE visa entry stamp
- Company application form
- Proof of address
- Shareholders’ CV
- Bank reference letter
Steps to Get Your Business License in Fujairah Free Zone
- Determine Your Business Activity
- Reserve a Company Name
- Prepare a Business Plan
- Deposit Mandatory Capital
- Determine Your Number of Visas
- Pay Fees and Register Your Business
- Get Shareholder Signatures
Business Entities in the Fujairah Free Zone
When establishing your business in Fujairah’s Free Zone, you’ll need to structure it in one of several possible ways:
01) Local UAE Branch
A Local UAE Branch is an extension of a company already registered within the UAE but outside the Fujairah Free Zone. Like a Foreign Branch, this structure allows UAE-based companies to expand their operations into this Free Zone while maintaining their legal identity and ownership structure.
02) Free Zone Company (FZC)
A Free Zone Company (FZC) is a legal entity formed by two or more shareholders, whether individuals or corporate entities. FZC allows for shared ownership among the shareholders, who can collectively manage and operate the company within the Free Zone.
03) Foreign Branch
A Foreign Branch is an extension of a company that is registered outside the UAE. This structure allows foreign companies to establish a presence within the Free Zone and engage in business activities related to their parent company’s operations.
04) Free Zone Establishment (FZE)
A Free Zone Establishment (FZE) is a legal entity formed by a single shareholder. FZE offers complete ownership to the shareholder and is ideal for solo entrepreneurs or small businesses looking for full control over their operations within the Free Zone.