Setting up a company in Fujairah and its free zone areas are lucrative, but there are several steps you need to undertake for company formation in Fujairah. Typically, the process involves the identification of your business activity, registration of company or trade name, submission of legal documents to relevant authorities, and the application of visas (if necessary).

Also, it’s important to note that the specifics of the business setup process depend greatly on the kind of licenses and permits that are applied for, as well as the types of business that are to be established. Before you embark on any of the steps of business setup in Fujairah, consult with the business setup specialists of Farahat & Co. Our tailored Business Setup solutions will assist you through the entire registration process, ultimately ensuring the entire process only requires you a minimal amount of time and effort to complete.

Setting up a Company in Fujairah: Mainland

Company setup in Fujairah’s mainland entails the partnership with a local partner (UAE national) that will hold at least 51 percent of the shares. Foreign investors, in partnership with Local Service Agents, will be able to carry out all kinds of businesses including:

• Joint Ventures;
• Limited Liability Companies;
• Private Shareholding Companies;
• Public Shareholding Companies;
• Limited Partnerships;
• General Partnership Companies

Some of the main reasons why Fujairah is an attractive location for business setup are as follows:

• No annual auditing requirement;
• 100% repatriation of capital and profits;
• Ability to operate within the territory of Fujairah and do business with neighboring emirates;
• No currency restrictions;
• No limit for employment visa issuance

Company Setup in Fujairah: Free Zone Areas

There are two free zone areas in Fujairah: Fujairah Creative City Free Zone and Fujairah Free Zone. The types of businesses that can be established within these areas are the following:

• A foreign company branch;
• A UAE company branch;
• Free Zone Establishment (FZE) – one owner;
• Free Zone Company (FZC) – a minimum of two and maximum of five partners

Fujairah free zone License type

As they’re within Fujairah’s free zone areas, expat shareholders can retain 100% ownership of companies. Farahat & Co.’s business specialists can assist in the acquisition of the following licenses:

• Trading and General Trading License – license to import, export, then re-export specified commodities. This license allows the buying and selling of specific goods within the free zone areas in Fujairah, as well as outside the Emirate. Our experts can help secure special permits from relevant government authorities for a hassle-free business operation.
• Warehousing License – entitles an investor to utilize a warehouse facility as the hub for distribution, benefiting packaging and storage of goods;
• Manufacturing License – to apply for an industrial or manufacturing license, a business must respect the requirements in relation to: human resources, area, water, electricity, and environmental characteristics. Manpower and machinery must all be insured as well; and
• All other kinds of licenses

Farahat & Co. offers an efficient and straightforward process of setting up a business in Fujairah while cutting out red tape associated with company licensing. The in-house business setup specialists of the firm help businesses and entrepreneurs through consulting services, business registration, and incorporation.

Our experts can assist with visa, licensing, and registration formalities – all required by national and local rules and regulations. Additionally, our innovative business setup methodologies combined with industry knowledge help us anticipate new changes in UAE laws that may have a lasting and substantial impact on your business.

With Fujairah’s booming economy and a zero capital requirement, company formation in Fujairah is both practical and affordable, as you’re not required to spend money to set up a business. Our experts will help ensure you can establish a business quickly, resolve issues that may arise, establish free trade agreement(s), and gain a foothold in the region.

Farahat & Co. is built on leadership, excellence, creativity, and initiative. The firm has a well-defined organizational and administrative structure that enables a swift business setup in Fujairah, and brings forth a new level of credibility, reliability, and transparency to both business formation and operation.

Start your application and open your business sooner by contacting our team of Business Setup specialists TODAY!