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Fujairah Free Zone

Fujairah Free Zone is a cost effective Free Zone in UAE with unique logistics connectivity thanks to the Emirate's unique geographical position on the eastern side of UAE along the Gulf of Oman.

Main Benefits

  • 100% ownership.
  • No tax on corporate gains or personal incomes
  • 100% repatriation of capital and profits
  • Exemption from import and export duties

Fujairah holds a unique geographical position in the United Arab Emirates. It is the only emirate that lies on the eastern side of the UAE along the Gulf of Oman, while other six emirates are along the Arabian Gulf. The Emirate derives its name from a spring of water located beneath one of the mountains. The Hajar mountain range that divides the UAE into two, from Ras Al Khaimah to Al Ain has kept Fujairah separated from the rest of the country.

Fujairah has Fujairah Free Zone as its major Free Zone which, due to its fortunate combination of geographic location with access to world's major shipping routes, a fine sea port and airport and streamlined procedures, makes itself an ideal place for business. Fujairah Free Zone offers a unique connectivity (logistic links) by air through Fujairah International Airport, by sea through the port of Fujairah and by road to the Middle East and beyond.

Advantages of Setting Up In Fujairah Free Zone

The companies setting up in Free Zone in Fujairah are eligible for various incentives and facilities as follows:

Free Zone Status

  • 100% foreign ownership is allowed
  • Full repatriation of profits and capital are permitted
  • Exemption from personal, income and corporate taxes
  • Exemption from customs duty for goods and services

Business Infrastructure in Fujairah Free Zone

  • Simplified incorporation process
  • Hassle-free and business-friendly company laws and legal framework
  • One-stop–shop service that provides business partners with a variety of government services, including licensing, visa, traffic and postal services
  • Quick access to Knowledge Workers due to fast-track immigration process

Setting Up Process in Fujairah Free Zone

Setting up a business in Fujairah Free Zone requires planning and decision making through different phases. This involves preparation of comprehensive business plan, choosing suitable infrastructure, estimating required human work force etc. The business registration or licensing process can be completed only after depositing the minimum capital mandated by the chosen Free Zone, in a bank account in UAE. A company being formed may have either an individual shareholder or corporate shareholder or both. The incorporation process requires the shareholders to sign the documents in the presence of Free Zone authorities.

Business Licensing in Fujairah Free Zone

A business license issued by Fujairah Free Zone permits a company to practice the business activity mentioned in its license subject to the Free Zone Regulations. The primary step in setting up a business entity in Fujairah Free Zone is the selection of business activities. This is so because the other phases of business setting up including the selection of proper legal business structure and number of business licenses can be decided only based on the selected business activities. The reservation of name for the company is as important as choosing the business activity. The name should not resemble the names of any company registered in the Free Zones or reserved for the Government. The Free Zone has the discretionary power to accept or reject a name. In Fujairah, the Free Zone classify business licenses mainly into commercial, professional and industrial.

Business License Types in Fujairah Free Zone

Fujairah Free Zone issues the following types of license options for business setup.

General Trading License: allows the companies to import, distribute and store all goods as per RAKFTZ rules and regulations.

Service / Consultancy License: allows the registered entity to carry out specified services like lawyers, accounting firms and business consultants.

Industrial License: allows importing raw materials, carrying out the manufacture of specified products, process, assembling, packaging and exporting the finished product to any country.

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