The Emirate of Fujairah is one of the seven emirates and is the fifth-biggest emirate modeling the United Arab Emirates. Under the progressive leadership of His Highness Sheik Hamad Bin Mohammad Al Sharqi, the Ruler of Fujairah and Supreme Council part, the Emirate of Fujairah has enjoyed in a quick ratio of financial and social improvement. The key factor in its development is Fujairah’s strategic and unique location and it is the UAE’s only Emirate on the East Coast. Since the establishment of Fujairah free trade, commercial activity in the Emirates has thrived. Due to its strategic and unique position as the UAE’s only emirate having access to the Indian Ocean, Fujairah has a busy and important multipurpose port.
Fujairah Free Zone is next to the Port of Fujairah. Companies established in Fujairah Free zone has easy access to all Arabian Gulf ports and has easy access to nearby markets of south Asia, Africa, and Europe. Fujairah Free Zone is also situated near Fujairah International Airport which the only airport is serving the UAE East Coast. A privileged blend of geographic location, with access to the world’s key shipping routes, a fine airport & seaport, and modernized procedures, make the Free Zone of Fujairah an ultimate place for business setup.
Company Formation in Fujairah creative city free zone
Fujairah Creative City was established under the chairmanship and leadership of His Highness Sheikh Rashid Bin Hamad Al Sharqi. Since its launch, the Fujairah Creative city free zone has been providing thousands of customers with trustworthy services in a prosperous business environment. Creative City sets up professional settings for individuals and businesses working in a wide range of business fields including media, communication, marketing, music and entertainment, events, consulting, education, design, and technology. Creative City provides licenses to individuals and companies within a Free Zone economic setting. It regulates and processes all government procedures, work permits, and visas and simplifies the process of business setup and company formation. Providing a complete range of solutions, Creative City deals in customized services and business plans and ensures full professional support to its clients during each step of a company formation and business setup procedure.
Benefits of company formation in Fujairah Creative free zone
- Company formation in Fujairah creative city free zone provides 100% ownership of the business
- No capital requirements for business setup in Fujairah creative city free zone
- Company incorporation in Fujairah creative city free zone provides a 100% tax-free environment
- Company formation in Fujairah creative city free zone provides flexible business packages
- Business setup in Fujairah creative city free zone will give you International reach
- Company incorporation in Fujairah creative city free zone will have your access to Professional support
Business setup Licenses
For company formation Investors can get up to 100% ownership license under the following categories per their lease agreement with the free zone authority:
Trading & General Trading License
Trading and general trading license holders are authorized to import, export, and re-export of specified commodities listed in the license. The license enables the companies to perform import, export, and freely in the Free Zone and outside the UAE For local distribution. The free zone Authority can also arrange special permits with the relevant Government departments for hassle-free operations of businesses.
A warehousing license can be obtained for leasing warehousing facilities. This license entitles the business owners to use the warehouse as a center for major distribution and get benefits of storage and packaging of goods.
A manufacturing license can be obtained on the approval and implementation of the project. All projects to be licensed must be fully insured including manpower and the machinery. All manufacturing license approvals are based on the following requirement:
- Area requirements including built-up and open space
- Requirements for Electricity, water, and manpower
- Environmental aspects of the project to be initiated
- General Trading License
- Consultancy/Services License
- Industrial License
Ownership Types of business setup in Fujairah Free zone
New Business Entities
Free Zone Establishment (FZE)
A free zone establishment is an entity with sole ownership.
Free Zone Company (FZC)
A free zone company is an entity that is owned by 2 to 5 partners.
A New business entity can have two types of Branches:
- a branch of UAE residing company
- a foreign company residing outside the UAE
Following are the documents required for business set up as a branch in Fujairah Free Zone:
- Resolution of the Board of Parent Company
- Attested Memorandum of Articles by the UAE Embassy of the parent Company
- A Valid operating license of the parent company/companies
- Passport copies of all the Shareholders, directors, and Person In-charge
Facilities in Fujairah Free Zone
- Business setup in Fujairah Free Zone will provide you facility of fully furnished trading offices
- Company formation in Fujairah Free Zone will give you access to distribution and warehousing facility
- Company incorporation in Fujairah Free Zone provides pre-built units for manufacturing
- You can get fair options of a lease for Business setup in Fujairah Free Zone
- You can open a bank account after company formation in Fujairah Free Zone
- To meet the needs of business setup Fujairah free zone has the facility of business clubs
Benefits of Business setup in Fujairah Free Zone
- Company formation in Fujairah Free Zone will benefit you with 100% business ownership
- Business incorporation in Fujairah Free Zone will benefit you with 100% of repatriation of capital
- Business setup in Fujairah Free Zone does not require UAE national sponsor
- Company incorporation in Fujairah Free Zone will get you and your family residence visas
- Business setup in Fujairah Free Zone will benefit you with easy bank account setup
- Company formation in Fujairah Free Zone requires no minimum capital
- Business setup in Fujairah Free Zone provides you with the facility of virtual offices
We at MSZ corporate services provider and PRO services are eager to assist and guide you to set up your business in Fujairah Free Zone. For any inquiries contact us at +971562181007 or mail us at firstname.lastname@example.org