Fujairah Free Zone Authority (FFZA)
Fujairah Free Zone Authority (FFZA) Company Setup 2023
Fujairah Free Zone Authority (FFZA) company setup facilitates businesses with its strategic location, which is the key development factor. The Fujairah emirate is the only emirate located on the east coast of the UAE. Therefore, it gives access to the most helpful sea routes, such as access to the Indian Ocean, making it a most wanted location for starting the business.
Besides that, Fujairah is one of the favorable locations in the UAE because of its natural beauty. The sandy beaches and mountains provide a happy atmosphere for businesses. Also, the emirate of Fujairah is well-connected with other emirates through a road network.
If you wish to start a business in the amazing location of Fujairah, this guide will help you understand its process, the benefits, different activities, and what type of companies you can create here.
Let’s start exploring Fujairah Free Zone Authority (FFZA)!
Who Should Start a Business in Fujairah Free Zone Authority?
One of the unique selling points of Fujairah Free Zone Authority is its location. It provides access to the middle-east countries and Indian Ocean seaports. Therefore, if you wish to conduct trade through the world’s most important shipping routes, Fujairah free zone authority business setup is the best option.
Fujairah’s geographical location benefits investors by offering cost-effective export tariffs and fast delivery. Overall, Fujairah free zone offers the best connectivity for the Logistics industry.
Business benefits Of Fujairah Free Zone (FFZA)
Besides the benefit of geographical location, there are several other reasons why business setup in Fujairah Free Zone has attracted so many investors for the last two decades. Let's check these benefits in detail.
1. 100% Foreign Ownership Permitted
You can perform Fujairah free zone company formation without having a UAE shareholder. The business owners can own the companies without the support of a local onshore partner.
2. No Corporate Tax on Qualifying Income
Business owners who own a company in Fujairah Free Zone Authority don't need to pay taxes on qualifying income. Qualifying income is mainly determined by the type of activity and person involved.
3. Get Visa for Multiple People
The visa process in FFZA is relatively straightforward. When you start a business here, you can get employee visas without hassle.
4. Affordability
Fujairah Free Zone company setup comes with affordable options. There are multiple packages, out of which you can select the one that fulfills your requirement and comes within your budget.
5. Quick Company Setup Process
The entire company setup process can be completed quickly. However, it is recommended to have the guidance of business setup partners so that the process takes place as expected.
6. There are numerous company types available
The wide variety of Fujairah Free Zone licenses is the most crucial driving force behind the authority's rapid development. Companies from various sectors, including manufacturing, storage, and logistics, call it home. The free zone also issues licenses for public trade, service/consultancy, investment, real estate, and investment banking.
7. Import or export duties of 0%
If you are going to set up your business in Fujairah Free Zone and require the export and import of items, you'll be glad to know that there's zero percent import or export duty on most of the items.
Fujairah Free Zone Authority Business Setup
Get it Done in no Time with Our Company Formation Experts
Legal Entity Types Allowed in Fujairah Free Zone Authority
There are different legal company structures available in the Fujairah Free Zone. It allows investors to make the right decision and form the legal entity that goes with their aim. Check the types of legal entities allowed:
• Branch of a foreign company, including the offshore company.
• Branch of a UAE company.
• Free zone establishment.
• Free zone company.
Types of Licenses in Fujairah Free Zone
After you decide on your company's legal structure, it's time to choose Fujairah Free Zone (FFZ) Authority license. To choose the Fujairah free zone license, you must choose your company's business activity. For different business activities, you need to go for different licenses. Here is the complete license list:
• General Trading and Trading License;
• Manufacturing License;
• Warehousing License;
• Consultancy/Services License; and
• National industrial license.
Process for Fujairah Free Zone Company Formation
For company formation in Fujairah, you must submit the application form along with the information regarding legal structure, license required, owner information, etc. You also need to get your business name and activities approved. Besides that, there's a complete list of documents that you need to submit to the authority.
If you wish that we perform fujairah free zone company registration and formation for your business, it's possible too. The major benefit is that you won't need to go through the process by yourself, saving you time. Also, we have experience in business setup in the Fujairah free zone for numerous companies. Therefore, you won't face any confusion while going through the registration process.
Besides that, we always stay available for our clients even after the FFZA company formation is completed. So, while conducting business, you can still contact us if you face any issues. We will be there while you need to renew your Fujairah business license.
Documents required to set up a Company in FFZA
When you need to perform a Fujairah Free Zone business setup, there are certain documents that you need to submit to the authority. Here is the list of the documents required:
• Certified passport copy
• Address proof copies (2_
• Bank Reference Letter (Capital contribution certificate)
• CV of all shareholders
• The project feasibility study report
• The memorandum and article of association of the company
Business Setup HQ's Fujairah Company Formation Services
When you want to start a business in Fujairah, hiring an experienced company formation company such as Business Setup HQ is the best option.
You won't need to deal with the process yourself. We will do that and perform every required task on your behalf.
Please feel free to contact us and move forward with the discussion. We will make sure to finish the entire process in the shortest possible period.
Our Recent blogs
Testimonials:
Fujairah Free Zone Authority : FAQs
No, there is no particular rule about the type of business that can be formed. One can start any type of business in Fujairah Free Zone Authority (FFZA)
Fujairah Free Zone Authority awaits you to start your business and with help of Business Setup HQ; make the journey easier.
