FUJAIRAH FREE ZONE COMPANY REGISTRATION

 

Fujairah’s strategic & unique location, as the UAE’s only Emirate on East Coast, plays a key role in its development. Under the leadership and vision of Sheikh Hamed Bin Mohammed Al Sharqi, the Ruler of Fujairah, the Emirates continues to grow.

An amazing amalgamation of the traditional values of the East and modern technologies of the West, Fujairah offers a standard of living comparable to that of world’s most developed nations. More than a quarter million people of various nationalities, including Emiratis, inhabit this Emirate of 1450 sq kms.

COMMUNICATIONS

The Port of Fujairah is adjacent to the Free Zone to ensure investors derive maximum benefit from Fujairah’s strategic location. By using the shipping services available, investors have access to all Arabian Gulf ports, the Red Sea, Iran, India and Pakistan on weekly feeder vessels. Mainline services arrive from the UK, North Europe, Mediterranean, Far East and North America on a weekly service, and offer sailing twice weekly to the Far East and once a week to North America. Modern facilities including 800 metres of deep water quay (12.5 m draught), 6 ship-to-shore gantry cranes and 11 rubber-tyred yard cranes, keep the port poised to handle the region’s growth.

The port also handles bulk dry cargos, Ro/Ro cargo, livestock and general cargo in addition to regular containers.

FUJAIRAH INTERNATIONAL AIRPORT

Fujairah International Airport is a port of call for Gulf Air, Indian Airlines, Egypt Air and CIS Airlines as well as several cargo carriers and operators. As the only airport serving the UAE East Coast as well as Northern Oman, it is equipped with the latest and the best modern aviation and air cargo handling technology. Its proximity to Fujairah sea port and and its common customs facilities lead to speedy hassle-free operations for Sea/Air cargo.

FUJAIRAH FREEZONE FACILITIES

TRADING OFFICES

Trading Offices fully furnished can be leased for Import, Export and Re-Export operations. Minimum area 35 sq.m., with possible secretarial assistance.

DISTRIBUTION / WAREHOUSING

Units of different sizes can be taken on lease for Import, Export and Re-Export of different commodities as well as general trading. Investors can operate by using storage & packaging facilities in their warehouse to become a distribution hub in the region at the most lucrative prices.

MANUFACTURING

Investors can lease pre-built units or/and request for construction of units customised to their requirements with open land for manufacturing purposes.

BUSINESS CLUB

A Business Club erected on a 1000 sq.m. area specially meets the basic needs of the Investors. It includes a Conference room, Auditorium, Playroom and furnished Trading Offices apart from offering them a restaurant where they can relax and clinch business deal in a congenial atmosphere.

FUJAIRAH FREEZONE POLICIES

CUSTOMS EXEMPTION

Free Zone clients can benefit from the exemption of customs duties on imports of all commodities and finished products for the purpose of export and re-export outside the UAE. Clients need not pay duties on factory machinery or raw material used in production. Free Zone clients may utilise any of the UAE ports and airports for the movement of their goods in and out of the country, while still benefiting from customs duty exemptions.

ELECTRICITY AND WATER

The Ministry of Electricity and Water provides 3-phase power for investors at the Free Zone at reasonable rates. Water is provided by the Ministry from the desalination plant.

ADMINISTRATIVE SERVICE

The Authority is geared with efficient staff to provide prompt assistance in obtaining service from related Federal Ministries with regard to driving license, registration of cars, notarisation of legal documents, entry permits, residence visas, transit and visit visas for investors and employees. The Authority can assist in providing recruitment services for personnel at all levels.

BANKS

To open an account in any of the banks in the UAE, you will require to submit the following:

  •   Introductory letter by the Fujairah Free Zone Authority.
  •   Submission of a copy of the Fujairah Free Zone license.
  •   A copy of the Chamber of Commerce registration.
  •   Copy of Power of Attorney of the Authorised Signatory.
  •   Copy of Establishment of the Company.

FUJAIRAH FREEZONE CUSTOMS

The aim of the department is to offer simple and efficient Customs facilities to users of the Port of Fujairah, Dibba Sea Port and Fujairah International Airport. With the experience gained over the past 8 years, procedures, moulded by customers’ needs, have been refined to provide uncomplicated services. For all customs requirements and documentation the normal office hours are 7.30 am to 2.30 pm Staff on duty provide coverage after office hours on services such as Bills of Entry, trans-shipment, vessel clearance certificate, crew change inspection, bonded warehouse in/out traffic, ship handling services etc.

Fujairah Free Zone clients can benefit from the exemption of custom duties on imports of all commodities and finished products for the purpose of export and re-export outside UAE Clients need not pay duties on factory machinery or raw material used in production. While imports to UAE through Free Zone users will require to pay custom duties of 4%.

The following documentation is required by customs for (in & out) clearing or exporting of goods:

IMPORT

  •   Duty completed Fujairah Import Bill of Entry
  •   Original Supplier’s Invoice
  •   Certificate of Origin
  •   Packing list
  •   Delivery Order
  •   Copy of Trade license
  •   Israeli Boycott Certificate

ADDITIONAL DOCUMENTS

For Foodstuffs and Agricultural Products, a Health Certificate is required. In the absence of Original Documents, copies may be lodged together with a small deposit.

EXPORT

All Cargo being exported via Fujairah Sea and Air Ports has to be declared to the Dept. of Customs, Fujairah, along with a Fujairah Bill of Entry supported with a commercial invoice.

RE-EXPORT

All cargo being re-exported via Fujairah Sea and Air Ports should be supported with a Fujairah Re-export Bill of Entry. In the case of goods controlled by quotas, a copy of the Certificate of Origin/Visa Stamp must be attached.

In the case of vehicles, copies of Traffic Police Clearance papers must be produced. Free Zone clients may utitize any of the UAE ports and airports for the movement of their goods in and out of the country benefiting from customs duty exemptions.

FUJAIRAH FREEZONE LICENSE

Investors can obtain up to 100% ownership operational license under the following categories according to their lease agreement with the authority:

TRADING & GENERAL TRADING LICENSE

Authorised to import, export and re-export agreed and specified commodities. The licence entitles the investor to carry out import, export and re-export freely in the Free Zone and outside the UAE For focal distribution, the Authority can arrange special permits with the relevant Government departments for hassle-free operations.

WAREHOUSING LICENSE

Can be obtained on leasing warehousing facilities. This licence entitles the investor to use the warehouse as a hub for major distribution, benefiting storage and packaging of goods.

MANUFACTURING LICENSE

Obtained on approval and implementation of the project. All projects must be fully insured including manpower and machinery. All manufacturing licence approvals are subject to the identification of the following:

  •   Area requirements – built-up and open space
  •   Electricity, water and manpower requirements
  •   Environmental aspects of the project

FUJAIRAH CREATIVE CITY FREE ZONE

 

Fujairah Creative City is a new media-centered innovative free zone offering cost-effective business setup packages for the new entrepreneurs. Creative City offers a broad range of business activities in the field of media, event management, consulting, education, communication, entertainment, design, etc. Creative City offers a one-stop solution for start-ups and entrepreneurs in the media, creative and other professions to easily form a new company in the UAE.

BUSINESS BENEFITS FROM COMPANY FORMATION IN FUJAIRAH CREATIVE CITY

  •   100% foreign ownership
  •   No capital Requirements
  •   No audit report required
  •   100% tax-free business environment
  •   Customized business setup packages
  •   In-house PRO and business support services
  •   Flexi-desk facility with office set-up and company signboard
  •   Company bank account anywhere in UAE
  •   Energetic professional business environment
  •   Marketing, media, events, design & entertainment hub

BUSINESS ACTIVITIES

  •   Advertising
  •   Architecture & Technology
  •   Audio & Visual
  •   Broadcasting
  •   Business & Marketing
  •   Consultancy
  •   Photography & Media
  •   E-Commerce
  •   Social Media
  •   Event Management

TYPE OF LICENSES

License Type New License Fees (AED) Renewal License Fees (AED)
Genius [ 15 – Visa Package] 35,000 31,000
Baby Business [ 6 – Visa Package] 28,000 24,000
Freelance Company [ 4 – Visa Package] 25,000 21,000
Commercial Plus One C+1- FZE [Single – Owner, 2 Visa] *MOST POPULAR 20,000 17,500
Commercial License – FZ LLC
[Multi-Owner, 0 Visa]
17,000 16,000
Commercial License- FZE
[Single-Owner, 0 Visa]
14,000 13,000

DIFFERENT TYPES OF BUSINESS LICENSE TYPES AVAILABLE IN FUJAIRAH CREATIVE CITY.

OFFICE SPACE

Physical office in Creative City Fujairah at cost-effective rates.

Services:

  •   Trade license validity 1-3 years
  •   Establishment card (1-3 years)
  •   Up to 30 visas (subject to immigration approval)
  •   Office rent as per agreement with Creative City Free Zone Fujairah

GENIUS PACKAGE

Specifically created for large companies with staffing requirements. Easy business setup with 15 visa quota.

Services:

  •   Trade license & establishment card (1-3 years)
  •   Up to 15 visas
  •   Flexi-desk facility
  •   Internet access
  •   signboard, PO Box, Conference room access, PRO Services

BABY BUSINESS

Designed for small businesses. Quick business setup with minimum overhead costs.

Services:

  •   Trade license & establishment card (1-3 years)
  •   Up to 6 visas
  •   Flexi-desk facility
  •   Internet access
  •   signboard, PO Box, Conference room access, PRO Services

FREELANCER COMPANY

Ideal for start-up companies. 4 visas with all benefits of regular company setup.

Services similar to Baby Business.

COMMERCIAL PLUS ONE

Smallest company set-up with two visa availability, ideal for a single owner.

Services similar to Freelance company.

COMMERCIAL FZ LLC

Company Setup with Non-visa package with up to 30 individual shareholders.
A virtual company with no visa and trade license validity of 1-3 years.

COMMERCIAL FZE

Company Setup package designed for an individual without any visa requirement.
A virtual company with no visa and trade license validity of 1-3 years.

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