FUJAIRAH

Located in the northern part of the emirate’s capital, Fujairah City, the Fujairah Free Zone (FFZ) is a special economic zone known for its liberal business policies. Fujairah’s strategic location plays an important role in development and has been able to reach new heights under the leadership and vision of the ruler of Fujairah, Sheikh Hamid Bin Mohammad Al Sharqi.

Fujairah Free Zone Company Formation

Fujairah Free Zone is situated right next to the Port of Fujairah hence setting up your company in Fujairah Free zone gives you an easy access to business hubs. It also benefits your company in the best possible way as it is located close to Fujairah International Airport, the only airport serving the UAE East Coast areas. Emirate of Fujairah is the best combination of both strategic geographic location and easy access to the main shipping routes of the world. Together all these benefits make the Free Zone of Fujairah the ultimate location for company formation.

The types of companies that could be registered in the Fujairah free zone

  • Free Zone Establishment (FZE): A free zone establishment where ownership belongs to a single individual.
  • Free Zone Company (FZC): A free zone company that is owned by 2 or more partners but not more than 5 partners.
  • Branch/Representative office: Companies registered in both UAE and foreign countries can establish their branch offices in the free zone.

Business Licenses in Fujairah free zone

There are a number of business licenses that are issued by the Fujairah Free Zone Authority to meet the requirements of individuals and their companies. The list of such licences are:

Trading and general trading license: One is permitted to carry out free import, export, and re-export under this license.

Warehousing license: It permits the license holder to use a warehouse for distribution, storage, and packaging of goods.

Manufacturing license: It allows the license holding company to set up manufacturing units and industries in the free zone.

Types of business activities permitted in the Fujairah Free Zone

Fujairah free zone has been a centre of attraction for investors and business persons from all over the world, provided that the world-class and cost-effective facilities available in the free zone have been the main cause behind this drift. Fujairah free zone allows the following activities under its jurisdiction:

  • Broadcasting and management
  • Publishing
  • Media Services and Marketing
  • Entertainment and Music
  • Broadcasting
  • Consultancy
  • Filming/Production/Post-production
  • Information Technology Services

Fujairah Free Zone Company Formation Fees

Jurisdiction Particular Approximate Cost (in AED)
AED
Fujairah Free Zone (FFZ) General Trading License Fee 10,000
General Trading Incorporation Charges 5,300
Free Zone Utilities 500
P.O Box Opening 1,000
Varal Service Charges(Individual Shareholder) 12,500
Varal Service Charges(Corporate Shareholder) 15,000
Total Commercial License(Individual Shareholder) 29,300
Total Commercial License (Corporate Shareholder) 31,800
Fujairah Free Zone (FFZ) Trading One Activity License Fee 2,500
Trading (1 Activity) Incorporation Charges 5,300
Free Zone Utilities 500
P.O Box Opening 1,000
Varal Service Charges(Individual Shareholder) 12,500
Varal Service Charges(Corporate Shareholder) 15,000
Total Trading One Activity License(Individual Shareholder) 21,800
Total Trading One Activity License (Corporate Shareholder) 24,300
Fujairah Free Zone (FFZ) Trading Two Activity License Fee 5,000
Trading (2 Activities) Incorporation Charges 5,300
Free Zone Utilities 500
P.O Box Opening 1,000
Varal Service Charges for an individual shareholder 12,500
Varal Service Charges for corporate Shareholders 15,000
Total Trading One Activity License for an individual shareholder 24,300
Total Trading One Activity License  for corporate shareholders 26,800
Fujairah Free Zone (FFZ) Trading Chemicals License Fee 20,000
Commercial License Incorporation Charges 5,300
Free Zone Utilities 500
P.O Box Opening 1,000
Varal Service Charges(Individual Shareholder) 12,500
Varal Service Charges(Corporate Shareholder) 15,000
Total Trading One Activity License(Individual Shareholder) 39,300
Total Trading One Activity License (Corporate Shareholder) 41,800
Flexi Office Space 18,000
Small Office Space 20,000
Big Office Space 30,000
Flexi Office Space Security Deposit 10,000
Small Office Space Security Deposit 15,000
Big Office Space Security Deposit 20,000
Shipping License Fee 10,000
Marine Service License Fee 10,000
Logistics Service License Fee 10,000
Maintenance Service License Fee 10,000
Petroleum Products License Fee 20,000
Tobacco Products License Fee 20,000
Investments Products License Fee 50,000
Alcohol Products License Fee 50,000
Educational Products License Fee 1,00,000
Manufacturing License Fee 5,000

The advantages provided by Fujairah Free Zone

The free zones have been established to encourage investors and facilitate them with ease of doing business. The rules and regulations of Fujairah free zone are liberal in nature and provide a number of advantages which are as follows:

  • 0 corporate and personal tax
  • 100% company ownership for foreigners
  • Complete repatriation of capital and profits
  • No restrictions on currency

100% tax exemption on import and export

Advantages unique to Fujairah Free Zone only

  • Availability of state-of-the-art facilities
  • Exemption from customs duties
  • Easy access to regional and global business hubs by land, air, and sea
  • Fujairah Port and Fujairah International Airport are located nearby
  • No hidden cost involved in the process of business setup in Fujairah free zone
  • Investor-friendly policies for company setup
  • Availability of efficient and cost-effective solutions
  • Security of investment

How to Set Up a Company in Dubai

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