Fujairah Free Zone
Fujairah Free Zone Authority, Fujairah
Description
Fujairah Free Zone offers businesses unparalleled access to world-class business services, strategic location near the Port of Fujairah, and benefits such as tax exemptions and 100% foreign ownership.
| Emirate | Fujairah |
| Website | https://fujairah.ae/en/Pages/SettingBusinessFFZA.aspx |
| Contact Info |
Address: Fujairah Free Zone Authority, Fujairah, UAE
|
| License Types | Trading, Service, Industrial, National Industrial, Warehousing |
| License Cost | AED 21,500.00 - License costs start from AED 21,500, varying based on the type of license and business activity. |
| Formation Cost | AED 21,500.00 - Formation costs start from AED 21,500, depending on the chosen package and business requirements. |
| Minimum Capital Requirement | AED 150,000.00 - The minimum capital requirement is AED 150,000; however, the paid-up capital amount is not required to be deposited. |
| Allowed Business Activities | Trading, Consulting, E-commerce, Media, Industrial, Educational, Freelancing |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZC), Branch of a Foreign Company, Branch of a UAE Company |
| Allowed Activities | Trading, Consulting, E-commerce, Media, Industrial, Educational, Freelancing |
| Restricted Activities | Activities not compliant with UAE laws and regulations |
| Investor Visa Cost | Visa costs depend on the package selected and the number of visas required. |
| Employee Visa Cost | Visa costs vary based on the number of visas and employee categories. |
| Processing Time (Days) | 1 days - Company registration can be completed in as little as one day, depending on the completeness of documentation. |
| Physical Office Required | Yes |
| Office Space Options | Flexi-desk, Standard office, Warehouse, Land for development |
| Office Space Cost | Office space costs vary based on the selected facility and size. |
| Virtual Office Available | Yes |
| Bank Account Assistance | Yes |
| Bank Account Cost | Bank account setup assistance is provided; costs depend on the chosen bank and account type. |
| Partner Banks | RAKBANK, Emirates NBD, Mashreq Bank, Abu Dhabi Commercial Bank |
| Governing Laws | Subject to the laws and regulations of the Fujairah Free Zone Authority and the UAE. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | Renewal fees depend on the license type and business activity. |
| Business Restrictions | Activities not compliant with UAE laws and regulations |
| Ownership Structure | 100% foreign ownership allowed |
| Import/Export Restrictions | No Standard UAE import/export regulations apply. |
| Benefits | 100% foreign ownership, 0% corporate and personal tax, Strategic location near the Port of Fujairah, Access to global markets, Customizable facilities, Efficient business setup processes, Full repatriation of capital and profits |
| Drawbacks | Distance from major UAE cities like Dubai and Abu Dhabi, Limited public transportation options |
| Specific Compliance Requirements | Compliance with Fujairah Free Zone Authority regulations and UAE laws |
