Time:2025-04-22
Author:Zhuo Xin
Source:Zhuo Xin
Views:26Fujairah Free Zone (FFZ) has an excellent geographical location. Registering a company here is convenient for logistics and import and export trade. The superior geographical location provides enterprises with logistics connections with other international ports. Fujairah Free Zone mainly attracts investment in trade, services, logistics and manufacturing. Its business policies are flexible and aim to attract global investment and promote economic development. There is a special logistics park in the free zone, which provides complete logistics services, further attracting domestic and foreign investment. Fujairah Free Zone has complete infrastructure, including modern warehouses, office facilities and logistics services. There is a special business service center in the zone, which provides a series of support such as company registration, tax consulting, legal services, etc., to provide investors with a convenient business environment.
1. Offers 100% foreign ownership, no corporate income tax, and free remittance of capital and profits.
2. Strategic location close to Fujairah Port, convenient for logistics and import and export trade.
1. Close to Fujairah Port, the only access to the Indian Ocean.
2. Also has the largest oil storage space in the GCC.
3. FFZ issues e-commerce licenses.
1. Free Zone Company (FZCO): This type of company is a joint venture registered in a free zone, usually consisting of multiple shareholders, each of whom contributes a minimum of AED 100,000, with a registered capital of AED 500,000.
2. Free Zone Establishment (FZE): This is a wholly owned company in a free zone, consisting of a single shareholder, with a registered capital of AED 1 million.
1. Freelancer Business License: This type of business offers flexible working arrangements, is suitable for freelancers, and does not require a no objection letter from a local sponsor.
2. E-commerce License: Fujairah Free Zone offers an electronic transaction visa to facilitate online business.
1. License Type Selection: First, you need to determine the nature of your business and choose the appropriate license type. Fujairah Free Zone offers a variety of licenses, including commercial trade, consulting services, industry, education, media, e-commerce, etc.
2. Legal Structure: In Fujairah Free Zone, you can choose from three legal structures: Free Zone Limited Liability Company (FZ LLC), Free Zone Company (FZ), Free Zone Establishment (FZE). Choose the appropriate legal structure based on the nature and needs of your business.
3. Trade Name Registration: You need to apply for a trade name through the application or website of the Ministry of Economic Development. The trade name must reflect the legal structure of the company, cannot be similar to the name of an existing company, and cannot contain offensive or inappropriate wording.
4. Business Location Selection: Choosing a suitable office location is a key step. You can rent an office space or use a virtual office within the free zone. The choice of office space depends on the number of employees and the nature of the business.
5. Obtain Preliminary Approval: Submit all necessary documents and ensure that all mandatory criteria are met to obtain preliminary approval. Common documents include application form, business plan, passport copies of shareholders and managers, business license copies, etc.
6. Payment and issuance of license: Pay relevant fees and submit necessary documents such as registration application form, board resolution, share capital information, etc. to complete the issuance of the company license.
1. Choose the company type: In Fujairah, businesses can choose to register a company in the Free Zone or the Mainland area. Free Zone companies enjoy full foreign ownership and tax benefits, while Mainland companies can operate freely within the UAE but typically require a local partner to hold partial shares.
2. Submit the initial application: Submit a preliminary application to the Fujairah Economic Development Department, including details such as the company name and business activity type. This stage usually requires payment of an initial approval fee.
3. Prepare required documents: After obtaining preliminary approval, submit a series of documents, including the company's memorandum and articles of association, shareholders' passport copies, and board resolutions.
4. Apply for a business license: Depending on the company's business activities, apply for the relevant business license. Different types of licenses may involve different approval processes, such as commercial, industrial, or service licenses.
5. Open a bank account: After completing the company registration, open a corporate bank account locally for daily operations and fund management. Banks typically require the company's registration documents, shareholder information, and board resolutions.
6. Visa processing: After company registration, shareholders, employees, and their families can apply for residency visas. This process usually requires submitting passport copies, medical reports, and other materials.
1. Company name: The company name must comply with UAE naming rules and must not contain any offensive or religious/politically related terms. It is recommended to prepare multiple alternative names in advance for more options during the approval process.
2. Shareholder passport copies: All shareholders must provide valid passport copies.
3. Proof of residential address: Such as utility bills or rental contracts to verify the residential address of shareholders or directors.
4. Company memorandum and articles of association: Detailed description of the company's organizational structure, shareholder rights, and business scope.
5. Board resolution: If it is a subsidiary established by a parent company, a board resolution regarding the establishment of the new company is required.
6. Business plan: Some industries may require a detailed business plan to explain the company's development strategy and financial forecasts.
7. Proof of registered address: Such as a rental contract or Ejari certificate to verify the company's actual business address.
8. Other documents: Depending on specific business requirements, other relevant documents may be needed, such as proof of company registered address or shareholder agreements.
1. Exemption from personal income tax and corporate tax: Companies and individuals registered in the FFZ can enjoy policies that exempt them from personal income tax and corporate tax, which helps reduce business operating costs and improve profitability.
2. Exemption from value-added tax: Companies registered in the Free Zone can also be exempt from value-added tax, further reducing their tax burden.
3. Exemption from import and export customs duties: Companies within the Free Zone can also enjoy exemptions from import and export customs duties, lowering the costs of international trade.
1. Offers 100% foreign ownership, no corporate income tax, and allows free repatriation of capital and profits.
2. Strategically located near Fujairah Port, the only gateway to the Indian Ocean, facilitating logistics and import/export trade.
3. The Fujairah Free Zone also boasts the largest oil storage capacity under the Gulf Cooperation Council.
4. The Fujairah Free Trade Zone provides electronic transaction authentication, making it easier to conduct online business.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.
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