Fujairah Free Zone Company Formation
Fujairah Free Zone was established by the Emiri Decree in November 1987 is one of the most significant and gainful free zones in the United Arab Emirates. Port of Fujairah located near Fujairah Free Zone provides great service for transport. All Arabian Gulf Ports, the Red Sea, India, and Pakistan the companies in Fujairah Free Zone have total access to all those ports. In the eastern coastal region as well as in northern Oman the Fujairah International Airport is the only airport.
World’s major shipping routes and a world-class airport, and streamlined procedures, along with this fortunate geographic location the Fujairah Free Zone has access to it. Setting up for business is highly lucrative for many companies in Fujairah Free Zone. 3 main benefits for the investors in Fujairah Free Zone have ACE – Accessibility, Connectivity, and Economy.
Major markets and human resource of the world has a connection and relation with the Fujairah Free Zone. Fujairah International Airport by air, Fujairah Seaport by sea, and by road to the Middle East and beyond the Free Zone has access to all sources of transportation. Due to lesser delivery times connectivity to the world benefits investors here via faster transactions. Enabling the provision of low tariffs, minimum company formation time, and issuance of license within a day the Fujairah Free Zone economy has never been better.
What is Fujairah Creative Zone?
Fujairah Creative Zone was established under the rule of His Highness Sheikh Rashid Bin Hamad Al Sharqi in 2005 also known as Fujairah Creative City Free Zone but in 2007 development was completed. Fujairah is a media city media related services but unlike the Dubai media city which is a destination for TV broadcast and radio providers.
Fujairah Free Zone License Types
A company needs to obtain a business license before it can establish its respective business in Fujairah Free Zone like all other free zones. Business licenses are categorized as per there activity.
- Trading (normal) License
- General Trading License
- Professional/Service License
- Industrial License
- National Industrial License
Licenses Available in Fujairah Creative Zone
- Management of
- Marketing and Media Services
- Music and Entertainment
- Information Technology Services
Business Setup Process in Fujairah Free Zone
For a new company to start their business without much of a hassle Fujairah Free Zone company formation is a perfect place
- Determine the type of business activity
- Prepare a detailed plan for business setup
- You need to choose a unique company name which must not belong to any business and reserve it with the
- Fujairah Free Zone authority
- Hire the required staff and Set up the infrastructure
- Deposit the mandatory capital amount in a bank
- Handle business registration and licensing requirements
- In the presence of the free zone authorities every shareholder needs to sign the company formation documents
Documents needed for setting your business in Fujairah
- A resolution from the Board of the company
- Articles of Association and Attested Memorandum from the embassy
- A valid operating business license
- 2 photographs of the person in charge, directors, and shareholders and Photocopies of passport
Types of Companies in Fujairah Free Zone
- First a branch of a company which has registered in the UAE
- A branch of a company registered in a foreign company