Fujairah Free Zone Authority

Fujairah, United Arab Emirates

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Official Name:

Fujairah Free Zone Authority

Website:

http://www.fujairahfreezone.com

City:

Fujairah

Country:

United Arab Emirates

Share Capital:

On paper

Office Requirements:

Virtual

PO Box:

Unconfirmed

Services (includes consultancy, etc.):

Yes

Trading (includes trading activity):

Yes

General Trading:

Yes

Audited Financial Reports:

No

Industry Focus:

Trading.

Cost of Setup:

21,500AED / 5,850 USD

Starting Cost of Renewals:

15,000 AED / 4,081 USD

Visa Types

Type:

Residency

Time Duration:

3 years


Visa Time Duration Before Renewal Required:

Minimum Number of Visas Possible:

Maximum Number of Visas Possible:

Maximum Number of Shareholders:

Freelancer Option:

No

Office Presence is Mandatory:

No

Documents Required to Setup a Company :

  • Passport copy of applicant.
  • FFZ application form.
  • Description of project or business / business plan.
  • Letter from bank or bank statement showing AED 150,000 funds for minimum capital requirement (not in all cases, check with FFZ).

SUMMARY :

Fujairah Free Zone caters for all business types and sizes. As well as offering numerous office packages from virtual office, flexi-desk and representative / branch offices through to custom fitted units, warehousing and open land, the free zone is open to almost any business activity.

Largely due to its location, FFZA is particularly popular with businesses that rely on import / export or freight and cargo services. The free zone is adjacent to the Port of Fujairah offering easy access to all Arabian Gulf ports, the Red Sea, Iran, India and Pakistan on weekly feeder vessels. The port also sees mainline services arrive from Northern Europe, the Mediterranean, Far East and North America on a weekly basis, and services leave twice weekly to the Far East and once a week to North America. Fujairah Free Zone is also close to Fujairah International Airport – the only airport serving the UAE East Coast.

FFZA’s hassle-free company set up is another factor in its popularity. Startup costs are comparatively low and in most cases, business licences can be issued in just one day. Companies setting up in the emirate of Fujairah also benefit from low cost of living and an inexpensive labour force.