Fujairah
Free Zone
Approximate Processing Time
License:
Establishment card
Visa application process
E-channel
2-3 business days
3-5 business days
7 business days
24 hours
Fujairah
Freel zone
License:
Establishment card
Visa application process
E-channel
2-3 business days
3-5 business days
7 business days
24 hours
"UAE Companies demonstrate a culture of innovation and excellence, driven by a dynamic and skilled workforce. Their ability to adapt to an ever-changing business landscape is a reflection of the UAE's commitment to progress and success."
Fujairah Free Zone
Fujairah Free Zone (FFZ) is a strategic business destination located on the east coast of the United Arab Emirates. It is one of the fastest-growing free zones in the region, offering a range of benefits to businesses looking to set up operations in the UAE.
Here are some of the key benefits of Fujairah Free Zone:
benefits of having FFZA :
- Strategic location: Fujairah Free Zone is located at the crossroads of Asia, Africa, and Europe, providing easy access to major markets in the region and beyond.
- Modern infrastructure: FFZ offers world-class infrastructure, including modern office spaces, warehouses, and land for lease, designed to meet the needs of businesses of all sizes and sectors.
- Tax exemptions: FFZ offers a range of tax exemptions, including exemption from corporate and personal income taxes, value-added tax (VAT), and import and export duties.
- 100% foreign ownership: Companies in FFZ can have 100% foreign ownership, enabling businesses to retain full control over their operations.
- Easy business setup: FFZ offers a streamlined process for setting up a business, with minimal paperwork and fast processing times.
- Range of business activities: FFZ offers a wide range of business activities, including trading, manufacturing, and services.
- Proximity to seaport and airport: FFZ is located near the Port of Fujairah, one of the busiest ports in the region, and the Fujairah International Airport, providing easy access to global markets.
- Access to a skilled workforce: FFZ is home to a large pool of skilled and talented professionals, enabling businesses to recruit the best talent from around the world.
Approximate Processing Time :
The approximate processing time for setting up a business in Fujairah Free Zone (FFZ)
can vary depending on the type of business and the completeness of the application. However, FFZ has streamlined its procedures to ensure a fast and efficient setup process.
Generally, the process of setting up a business in FFZ can take between 2-4 weeks from the time of submitting a completed application. This includes the time required for obtaining all necessary approvals and licenses from relevant authorities.
However, it’s important to note that the processing time can vary depending on the specific requirements of the business, such as the type of license required, the size of the company, and the nature of the business activities. Additionally, delays may occur if there are any issues with the application or if any additional documentation is required.
Therefore, it is always recommended to work with a reputable and experienced business setup service provider to ensure a smooth and efficient setup process in Fujairah Free Zone.
Learning Path
Fujairah Free Zone allows a variety of business activities, including trading, manufacturing, and services. Companies can be set up as Free Zone Companies, which are owned by individuals or corporate entities, or as Branch Offices of existing companies.
The requirements for setting up a business in Fujairah Free Zone depend on the type of company being established. Generally, companies must submit a business plan, provide proof of financial viability, and obtain necessary approvals from Fujairah Free Zone and other relevant authorities.
Yes, individuals can also set up businesses in Fujairah Free Zone. They can establish a Free Zone Establishment (FZE), which is a single shareholder company, or a Free Zone Company (FZCO), which can have multiple shareholders.
The process for setting up a business in Fujairah Free Zone involves several steps, including selecting a company name, submitting the necessary documents and fees, obtaining approvals, and obtaining a business license.
The cost of setting up a business in Fujairah Free Zone depends on several factors, such as the type of company being established, the size of the company, and the facilities and services required. Fujairah Free Zone offers a range of packages to suit different business needs and budgets.
However, there are import duties for import/export companies, and since 2018, most companies have to charge a 5% VAT. There are also differences in price, and what you can do with the company.
In order to understand what free zone is best for you, there are three important questions we always ask our clients:
- Will you do business inside the UAE?
- What is the business activity?
- What kind of UAE “presence” do you need for you, and your business?
Fujairah Free Zone offers a range of facilities and services to support businesses, including office space, warehouses, showrooms, and land for development. Other services include banking and finance, legal and consulting services, and access to a skilled workforce.
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OUR TEAM OF PROFESSIONAL CONSULTANTS CAN HELP AND ADVISE YOU REGARDING THE PROCESS OF SETTING UP A NEW BUSINESS IN THE UAE.
