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Fujairah Freezone

Provision Of A Wide-ranging Spectrum Of Business Fields

 

 

About Fujairah Freezone

The Fujairah Free Zone is a premier destination that offers many opportunities for entrepreneurs and businesses seeking to establish a presence in the region.

Strategically situated next to the Port of Fujairah and close to the Fujairah International Airport, this free zone is optimized for seamless connectivity to both local and international markets.

Fujairah Free Zone is famous for its access to all the Arabian Gulf Ports, Red Sea, as well as its reach to India and Pakistan. It’s relationship to the ports gives it access to the world’s major shipping routes.

It is an ideal hub for trade and logistics, providing businesses with direct access to international shipping routes and regional markets in the Gulf, making it exceptionally well-suited for companies involved in import-export activities.

Furthermore, the free zone operates under a flexible regulatory framework that fosters innovation with minimal bureaucratic requirements.

Benefits of the Fujairah Free Zone Company Formation

Setting up your business in the Fujairah Free Zone provides numerous advantages:

1. 100% Business Ownership

One of the most attractive features of the Fujairah Free Zone is the 100% business ownership allowance. Foreign investors can establish and control their companies without needing a local partner.

2. Tax Advantages

The Fujairah Free Zone offers a tax-friendly environment, with less corporation tax, 0% personal income tax, and exemptions from import/export duties.

3. Strategic Location

The Fujairah Free Zone has an advantageous location with easy access to the Gulf of Oman, major trade routes, and regional markets. Its proximity to the Fujairah International Airport further enhances logistical capabilities, enabling quick access to international markets, including those of nearby countries like India, and Pakistan.

4. Streamlined Business Setup

The Fujairah Free Zone Authority simplifies company registration. Its efficient procedures allow businesses to commence operations quickly, enabling entrepreneurs to focus on growth rather than navigate bureaucratic hurdles.

5. Wide Range of Business Activities

The Fujairah Free Zone supports a wide array of business activities, including trading, manufacturing, e-commerce, and professional services. This diversity allows entrepreneurs to pursue different types of business tailored to their expertise and market demands.

6. Advanced Infrastructure

Businesses benefit from world-class infrastructure, including advanced logistics and warehousing solutions, flexible office spaces, and efficient visa and immigration services. This infrastructure supports operational efficiency and business expansion.

License Types in Fujairah Free Zone

Choosing a suitable Fujairah free zone license while setting up your company in this dynamic hub is crucial for success. The free zone offers a variety of business licenses, each tailored to different business activities:
  1. Trading License: This versatile license permits you to import, export, and trade various goods, making it ideal for trading companies.
  2. Industrial License: This license is essential for businesses involved in manufacturing, assembly, and goods processing.
  3. Service License: Ideal for consultants, freelancers, and service providers, this license covers a range of professional services, including IT and engineering.

Business Entity Types in the Fujairah Free Zone

When considering the Fujairah free zone company setup, you can choose from three types of company ownership:
  • Free Zone Establishment (FZE) – This type allows for single ownership, making it ideal for sole traders.
  • Free Zone Company (FZC) – This option allows for 2 to 5 partners, providing flexibility for businesses wanting multiple stakeholders.
  • Branch/Representative Office – Foreign and UAE-based companies can set up branch offices to extend their operations in the region.

Business Setup Process in the Fujairah Free Zone

Starting your business in the Fujairah Free Zone involves several steps. Here’s a comprehensive overview of the business setup process:

Step 1: Choose Your Business Activity

Determine which types of business you want to establish based on your expertise and market demands.

Step 2: Select a Business Structure

Based on your operational needs, choose an appropriate company structure from the options of FZE, FZC, or a branch office.

Step 4: Apply for Trade Name Approval

Submit your chosen trade name for approval to the Fujairah Free Zone Authority to reserve it officially.

Step 5: Submit Documents and Apply for the Business License

Prepare the necessary documentation and apply for your Fujairah free zone license. Required documents typically include your business plan, passport copies, and trade name approval.

Step 6: Register the Company

Register your company with the authorities. Officially registering a company with the Fujairah Free Zone Authority completes the formalities for legal recognition.

Set Up Your Business in the Fujairah Free Zone with RFZ

Setting up your business in the Fujairah Free Zone presents an excellent opportunity for growth and development in a strategic, tax-friendly environment.

With a streamlined setup process and world-class facilities, entrepreneurs can focus on building their businesses without unnecessary hurdles.

At RFZ, we are committed to assisting you with every step of your Fujairah free zone business setup. From company formation to opening your corporate bank account, our expert team is here to guide you towards success.

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