Fujairah free zone is one of the oldest UAE free zones. It is situated in the Fujairah Emirate adjacent to Fujairah Port. The free zone focuses on industrial and maritime activities. A lot of heavy industrial and mining companies are located there. It also has branches of all large petroleum companies in the region due to the convenient location of Fujairah port with the exit directly to the Indian ocean. Fujairah free zone company setup is one of the preferred choices of the companies that are planning to operate in Fujairah Emirate. It has the biggest oil storage in the GCC area. The Fujairah free trade zone is created to ensure the comfortable operation of international businesses on the territory of the Emirate. Today, the business people and investors from all over the world express a desire to open a company in Fujairah.

Advantages of Business Setup in Fujairah Free Zone

Fujairah Free Zone company formation has a lot of potential for startups and young entrepreneurs as well as for investors. Fujairah Free Zone authority promises a fine growth for new ideas and company formation in the region by making sure that they have been provided with excellent infrastructure, flexible government policies and other benefits like:

Simple procedures for staffing and recruitment

The timely and efficient immigration process

Efficient communication and advanced infrastructure

Sponsorship and visas for an affordable skilled workforce

100% foreign ownership

Full repatriation of capital and profits

100% free transfer of funds and no foreign exchange controls

Exemption from import/export duties and low freight charges

Liberal economic policies and legal framework

Total safety for investors and cost-effective investment facilities

Reduced infrastructure investment cost

Investor-friendly governmental policies

State-of-the-art communication system

Diversified investment opportunities like investing in agriculture, tourism and other sectors

No restriction on the recruitment of foreign employees

Fujairah Free Zone License Types

Like all other free zones, a company needs to obtain a business license before it can establish its respective business in Fujairah Free Zone. Business licenses are categorized according to nature of activity:

Trading (normal) License

General Trading License

Professional/Service License

Industrial License

National Industrial License