Fujairah Free Zone Business Setup
- UAE Freezone Company Setup from 21,500 AED
- Company Registration from 1 business day
- Bank account Guaranteed
- UAE Residence visas for 2 years
About FFZ
One of the first free zones in the United Arab Emirates is Fujairah. It is located next to Fujairah Port in the Fujairah Emirate.
The free zone is mostly used for maritime and industrial operations. It is home to numerous mining and heavy industrial businesses.
Because Fujairah port is conveniently located with a direct connection to the Indian Ocean, it also has branches of all the major petroleum businesses in the region.
One of the most popular options for businesses that operate in the Fujairah Emirate is to set up their company in the free zone. Its oil storage capacity is the largest in the GCC.
Is FFZ suitable for your business?
— Yes If
- If your company works in industries like trade, international logistics, heavy industry, maritime companies, oil and gas, or industrial manufacturing, you can consider this Dubai Freezone for Company Setup.
- If having a strong logistics infrastructure is essential to you, FFZ is the perfect hub because it offers three delivery options: land, air, and sea.
- Fujairah International Airport, which serves the eastern United Arab Emirates and northern Oman, is the only international airport on the UAE’s east coast and is located close to the free zone.
- This is the way to go if you want to start a manufacturing business in a free zone with built infrastructure, such as warehouses, land plots, and ready-to-move-in custom units.
- With Fujairah Port and Fujairah International Airport, FFZ has superior access to major sea and air routes that connect to Asian nations, making it a great place to trade with China, India, or Pakistan.
- If your company engages in prohibited activities in other free zones, such as using a maritime license, dealing alcohol, trading tobacco, etc.
— No If
- The Fujairah Free Zone is not the best place to conduct business if you wish to do so in Dubai or the surrounding area. From Fujairah, it takes about two hours to go to Dubai.
- If you think of working from home. Before a license is granted, an office rental is required in Fujairah free zones.
Fujairah Free Zone Company Formation Process
It takes little time for Company Registration in Fujairah Free Zone. Since you must go through the first approval, business plan evaluation, and other preliminary procedures, the license or UAE Trade License will be completed in one business day, and the entire process will take roughly two weeks.
Step 1: Choose the entity type and licensing type from the FFZ free zone that best fits your needs.
Selecting the incorrect activity, registration authority, or location might result in mistakes during company registration, which can cause issues when opening a bank account or obtaining a resident visa. Thus, it is essential to examine this subject carefully.
One of the following legal entities is available for registration in FFZ:
- Free Zone Establishment (FZE): One shareholder
- Free Zone Company (FZC): Multiple shareholders
- Branch of a local company
- Branch of a foreign company
Step 2: Get the required paperwork ready. A simple documentation package is needed for FFZ.
For individuals:
- Passport with a 6-month validity
- 2 photos
- NOC (if the applicant holds the UAE residency visa)
For branch/subsidiary:
- Board Resolution
- Certificate of incorporation
- Memorandum
- Valid license of the parent company
- Passport copies of directors, shareholders
- Certificate of good standing
- Copy of the last audit of the parent company (for branches)
The registration fees need to be paid in order to move forward with the application when all the documents have been assembled, and the proper documentation has been prepared.
Step 3:
Get the company’s license and registration paperwork, specifically
Certificate of incorporation
- License
- Lease agreement
- MoA and Articles of Association
Step 4:
Get an establishment card that allows your business to sponsor residence visas and contains information about it.
Step 5: Apply for an entry permit.
Once the entry permit is granted, you must convert your visa status from a previous visa to a resident visa if you applied from within the United Arab Emirates.
If you are not in the United Arab Emirates, bring your entry permit to the nation, have it stamped, and then complete the remaining steps of the residence visa application process by providing the required paperwork.
Step 6: Get a medical exam and submit resident visa paperwork.
Step 7: Apply for an Emirates ID.
Step 8: Finish the biometrics process at an Emirates ID center.
Step 9:
You can submit all the information for visa approval as soon as you get the results of your biometrics and medical test. You will receive an email with your electronic visa. It is also available through the UAE ICP app.
Step 10: Get your Emirates ID
Following the issuing of the residence visa, the government creates a plastic identity card, which is a crucial document needed to pay bills or fines, rent an apartment, open a bank account, and more. Additionally, it gives you access to various local services and savings.
Step 11: Create a bank account
To open a corporate bank account, submit an application to a UAE bank. It can take a few weeks for approval.
You can begin operating your company in the UAE once you have the account details.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com
Send Your Inquiry
FFZ licenses and cost
For a zero visa license with a virtual office, the Fujairah free zone fees start at 21,500 AED. Additionally, there is a 5,000 AED refundable deposit.
Depending on the kind of facility, additional licenses include (AED):
| Item | License | Incorporation | Rent | Utilities |
|---|---|---|---|---|
|
License + Warehouse |
50,000 AED |
5,300 AED |
230 AED per sq m |
4,020 AED |
|
License + Land |
50,000 AED |
5,300 AED |
20 AED per sq m
|
– |
A refundable deposit of 50,000 AED is required for both a warehouse and a land parcel.
FFZ provides investors with the following opportunities:
Trading: For local sales as well as import, export, and re-export activities, you can benefit from licensing benefits by renting trading offices, which can be fully furnished if necessary.
Distribution /Warehousing: The renting of units of different sizes (beginning at 500 square meters) can facilitate the import, export, and re-export of a variety of products in addition to ordinary trade activities, such as local sales.
Manufacturing: You can ask the Authority to build apartments that are tailored to your needs, or you can choose to lease pre-built units.
FFZ business activities
A company can be formed in Fujairah for a variety of purposes, including many specialized ones that aren’t possible in other free zones:
- Maritime license
- Alcohol trading
- Tobacco trading
- Real estate consultancy
- Financial consultancy
- E-commerce
- Logistics Trading/consultancy in oil and petroleum products sector
In the Fujairah Free Zone, some license types—such as ship agency, maritime consultant, ship building and repair, and ship chandler cannot be granted.
FFZ facilities
There are many facilities available in Fujairah for your company. It has offices, warehouses, and long-term leaseable property available. All facilities are subject to availability.
| Facility type | Description |
|---|---|
|
Flexi-desk |
A small company can rent a flexi-desk – a desk in a shared office on the premises of the free zone. The minimum rent for a flexi-desk is 18,000 AED per year. The refundable security deposit is 10,000 AED.
|
|
Virtual offices |
Without having to rent a physical office, a virtual office gives you a business address, mail address, and phone number in addition to office services. A virtual office requires a minimum annual rent of 15,000 AED. AED 5,000 is the refundable security deposit. |
|
Offices |
The minimum size for small offices is 20 square meters. They can be combined to provide a larger office space for your business if necessary. A representative’s or branch office’s annual minimum rent is 20,000 AED. AED 15,000 is the refundable security deposit. |
|
Warehouses |
A warehouse must be at least 500 square meters in size. The rent is 230 AED per square meter. AED 50,000 is the refundable security deposit. |
|
Land plots |
Long-term leases are offered for open land plots. 5,000 square meters is the minimum land size. Each square meter of land is leased for 20 AED per year. The security deposit is AED 50,000 and is refundable. |
Additionally, one-time payments for the free zone utilities are required; these fees range from 1,200 to 3,850 AED.
FFZ visa costs
Fujairah free zone visa fee is 3,399 AED.
E-channel fee is 2,205 AED.
Typically, entry visas are granted in three to four days. A medical examination and an Emirates ID application must be completed.
It takes two working days to stamp a UAE residency visa.
Processing a visa does not require health insurance.
FFZ company license renewal
In the Fujairah zone, company renewal is simple and uncomplicated. After all necessary fees have been made, the necessary paperwork has been provided, and the free zone authorities have examined the application, the renewal procedure will be finished. This can take a week or more. Compared to the initial setup expenditures, the fees will be lower.
In this free zone, all renewals happen in January. Therefore, if your business is incorporated in October, you will pay the license costs through the end of the year and renew your license in January for the following year.
Zero visa company renewal will be 16,200 AED.
The free zone will request an audit when the second year of operation is over, but it is not necessary in the first year.
You can work with the free zone to waive the audit submission if you were not in business during that time.
FFZ company amendments
The following are typical corporate changes made by the company:
- Shares transfer
- Change of Director
- Change of Manager
- Activity amendments
The shareholders must complete the majority of them themselves.
FFZ company liquidation
You must notify the free zone authority five to six months in advance of a company’s liquidation. You can use your registered email address to accomplish this.
You must accomplish the following:
- All original company documents should be returned.
- Get approval and close the company bank account.
- Complete the last audit.
- Pay the cancellation fees.
For license cancellation, the government will charge 1,500 AED.
Conclusion
Choosing JSB Incorporation for company formation in the Fujairah Free Zone ensures a seamless and efficient Business Setup in Dubai Free Zone.
With its expertise, professional guidance, and commitment to excellence, JSB Incorporation simplifies the complexities of starting a business in one of the UAE’s most dynamic free zones.
FAQs
The registration process can be completed within 1-2 days, depending on the company type and documentation.
Trade, service, industrial, and logistics licenses are available to suit diverse business needs.
No, foreign investors can own 100% of their company in the free zone.
The zone provides office spaces, warehouses, factories, and land for development.
No, a local sponsor is not required to start a company in Fujairah Free Zone.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com