Fujairah Free Zone Business Setup
Fujairah Free Zones
A free zone is a major attraction for budding businessmen. From tax benefits, high exposure to easy and affordable service, it has a lot to mention. Fujairah free zone is one of the oldest free zones in the UAE. It is of high attraction for maritime and industrial activities. Also, mining companies prefer this free zone. Among the GCC areas, Fujairah has the biggest oil storage.
Business setup in Fujairah free zone is a good option for those who are planning to start their business inside the emirate of Fujairah. As Fujairah port and the international airport is near to this free zone, accessibility, and connectivity to the international markets are relatively high with lesser delivery time. So this is the most attractive free zone for foreign investors. Fujairah free zone is considered to be a cost-effective free zone with minimum company formation time.
Fujairah free zone company formation will be more beneficial for entrepreneurs and startups with adaptable government policies and exceptional infrastructure. If you are planning to start your business in Fujairah free zone, then just get connected with our consultants at Bytes for hassle-free company formation processes. We are here to help you always. Contact us now!
Benefits Of Fujairah Free Zone Company Setup
- Be 100% owner of the business
- No personal and commercial tax payments
- Great accessibility and connectivity
- Easy currency exchange limitation and fund transfer
- Easy staffing and recruitment
- High-tech infra and communication
- Efficient immigration process
- Investor’s choice free zone
- Amazing geographical location
- Flexible and Investor friendly government policies
- No restriction on foreign employees recruitment
- Low infrastructure cost
- Virtual office space available
Fujairah Free Zone Licenses
Fujairah free zone company setup is possible only when you have a valid business license. Like every free zone, Fujairah also allows conducting specific activities like – maritime, tobacco and alcohol trading, real estate consultancy, financial consultancy, eCommerce, and logistic trading in oil or petroleum products.
So, the license available for the above activities are:
- Trading License
- General Trading License
- Professional/Service/Consultancy License
- Industrial License
- eCommerce License
Bytes Business Setup Consultants helps you with the licensing activities with ease. From documentation to visa to company formation, we guide you at every step. Let’s discuss Fujairah free zone license fees below.
Fujairah Free Zone Company Formation Cost
Fujairah free zone visa cost is quite less. It takes around 3-5 working days after which you can apply for Emirates ID and medical check. There’s no need for health insurance and stamping is done within 2 working days. For a zero-visa license, in the case of a virtual office, the amount to be paid is different. But for different business activities, the amount may vary largely. At the same time, the renewal of zero visas is not much. License cancellation will have separate charges. For detailed Fujairah free zone company formation cost, please contact us and talk to our consultants now.
Steps For Setting up a Company in Fujairah Free Zone
- Plan and decide about the business activity you are going to do
- Choose a company name and register or reserve it under free zone authority
- Choose the proper office space
- The required capital amount should be deposited in the bank
- Register your business and get the license done
- Shareholders should sign all the company formation documents in front of the Freezone authorities.
Documents Required for Business Setup in Fujairah Free Zone
- Board of the Company Resolution
- UAE embassy attested Memorandum and Articles of Association (MAA)
- Valid business license
- Passport copies and photographs of the directors, shareholders, and person-in-charge
Some of the Fujairah Free Zones
Our experts at Bytes offer services in all free zones. Here are the leading free zones of Fujairah to learn about and start a business:
Fujairah Creative City
As the name suggests, it is a hub for creative industries. It is an economical free zone with a business-friendly environment and quick license processing. If you are into media and design activity, this free zone is apt for you.
Fujairah Free Zone Authority
From world-class connectivity to affordable licensing, this free zone has all you need to expand your business especially when dealing with trading service. This place is suitable for small and medium-sized businesses.
Fujairah free zone is a profitable spot with very low-cost company formation and exciting facilities. It is an investor-friendly free zone.
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