Establish a Company in Fujairah Free Zone

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.

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. 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. 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.