Registering a company in the Fujairah Free Zone is a crucial step for investors and businessmen seeking to establish or expand their business in the United Arab Emirates. Fujairah Free Zone is an ideal business environment and a distinguished center for investment and trade. Registering a company in this zone offers many opportunities and advantages that enhance the success of companies and enhance their position in the market. The Fujairah Free Zone is characterized by a supportive legislative environment and innovative government facilities that make the process of establishing companies easy and convenient. Registering the company in this free zone allows investors to have absolute freedom to conduct their business activities without the need for a local sponsor, providing them with flexibility and speed in making decisions.
Establishing a company in the Fujairah Free Zone
Our company provides integrated services for establishing companies in the Fujairah Free Zone, allowing foreign investors to exploit the promising opportunities in this strategic location. We provide full support at all stages of the incorporation process, from choosing the appropriate company type and business activities, all the way to preparing legal documents and registering the company. We also provide specialized consultations to ensure compliance with local regulations and speed up procedures with government agencies. Thanks to our extensive experience and excellent relationships with local authorities, we guarantee a smooth and efficient incorporation process, allowing you to focus on successfully growing your business.
Thanks to our comprehensive services, investors can focus on achieving their trading goals without worrying about administrative complexities. We also provide assistance in obtaining the necessary commercial licenses and provide office space equipped with the latest technology in the Fujairah Free Zone. We are keen to provide specialized financial and legal advice to ensure compliance with all local and international laws, which contributes to achieving a successful and profitable investment. By partnering with us, you will benefit from a smooth and easy establishment experience, saving you time and effort and enhancing your company’s chances of success in the thriving UAE market.
Types of companies in the free zone
Here is a table showing the types of companies that can be established in the Fujairah Free Zone:
| Company type | Description |
|---|---|
| Limited Liability Company (LLC) | A company in which shareholders’ liability is limited to the extent of their contributions, usually used for general business purposes. |
| Sole Proprietorship | A company owned by one person, suitable for small businesses or businesses run by one person. |
| Private Joint Stock Company | A company established with a specified capital and whose shares are traded privately, and are not permitted to be traded on the public market. |
| Branch of a Foreign Company | A branch of a foreign company operating in the free zone and having the same responsibilities and privileges as the parent company. |
| Free Zone Company | A company operating within the framework of the free zone and benefiting from the incentives and tax exemptions provided in the zone. |
| Limited Liability Company – FZ LLC | Similar to a limited liability company, but registered in the free zone and benefits from its own facilities. |
This table includes the main types of companies that can be established in the Fujairah Free Zone, and each type has its own advantages and registration requirements.
Fujairah Free Zone Authority
Investors benefit from many advantages that the Fujairah Free Zone has, namely its ease of access, via the modern road network, the international airport, and the Fujairah Sea Port, and the excellence in executive and administrative performance in the region, which makes business costs less expensive, which greatly benefits investors as a result of the speed of conducting transactions.
And other benefits related to your time management due to the short time to deliver all the required procedures. The Fujairah Free Zone is also distinguished by providing economic offers that stimulate investment, as it provides the following:
- Cheaper customs tariff
- Less time to start projects
- Issuing licenses within one business day
- Lower set-up cost and low overhead
- Multiple access methods to neighboring countries and global markets by land, sea and air.
- Multiple and diverse investment areas
- Economic policies encouraging the investor
- Large investment facilities
- Full investment guarantee
Steps to register the company in the Fujairah Free Zone
Registering a company in the Fujairah Free Zone requires following a series of steps and procedures. Here are general steps for registering a company in this region:
- Choosing the correct type of company: You must determine the appropriate type of company, whether it is a sole proprietorship, joint stock company, limited liability company, or other, based on the nature of the business you intend to carry out and the requirements of the partners or shareholders.
- Choosing a name and ensuring its availability: You must choose a name for the company that does not conflict with the names of other existing companies and is distinctive. It is best to check the availability of the chosen name in the companies registry.
- Identifying shareholders and partners: Identifying the shareholders or partners who will participate in the company, specifying their shares and percentages of contribution to the capital.
- Preparing the necessary documents: The documents required for registration are prepared, which may include registration application forms, copies of shareholders’ passports, power of attorney documents if necessary, and other necessary legal documents.
- Submitting the application and paying the fees: The founders submit the application to register the company to the competent authorities in the free zone, while paying the fees required for the registration process.
- Application review and approval: After receiving the application, the authorities review and study it to ensure that all conditions and requirements are met, and then issue approval to register the company.
- Receiving the final license and registration: After approval, the company license is issued and officially registered in the companies registry, making the company ready to start doing business.
Company registration fees in the Fujairah Free Zone
Fees for establishing a company in the Fujairah Free Zone may vary depending on the type of company, the size of capital, and the services provided. These fees usually include:
- Company establishment fees: These fees include the administrative fees required to establish and register the company in the free zone.
- Legal and consulting services fees: These fees may include legal services provided to prepare and review legal documents necessary for the registration process.
- Official registration fees: Paid to local authorities as fees for registering the company and issuing the official licence.
- Additional services fees: These fees include any additional services provided by the free zone, such as consulting services or special permits.
- Annual Renewal Fee: After initial registration, a company may be required to pay an annual fee to renew its licenses and continue operating in the free zone.
Company registration documents in the Fujairah Free Zone
Generally, the type of documents required to register a company in the Fujairah Free Zone varies according to the type of company, business activity and local legislation. However, here is a general list of documents that may be required:
- Registration Application Form: This is an official form that must be filled out and submitted to the local authorities to request company registration.
- Personal identification documents: A copy of the passport or identity card for shareholders, directors and any other person related to the company.
- Incorporation documents: Usually include a copy of the articles of incorporation or approval of the company’s incorporation and articles of association.
- Contribution documents: If the company is a joint stock company, you may need documents proving the financial contribution of each shareholder.
- Power of Attorney Documents: If there is an attorney or agent representing the company, you may need documents proving power of attorney for them.
- Partnership contracts: If there are joint partners in the company, you may need partnership contracts signed between the partners.
- Business License: You may need a business license for the company to conduct business activity within the free zone.
- Police statement: Local authorities may require a police statement proving that shareholders and directors have no criminal records.
Basic licenses to register the company in the Fujairah Free Zone
Establishing a company in the Fujairah Free Zone requires basic licenses that allow you to conduct business activity legally and efficiently. Here is a list of some of the basic licenses you may need, which can vary depending on the type of company and its activity:
- Business license: This license specifies the type of business activity you plan to practice, such as services, manufacturing, retail, construction, logistics, and others.
- Building and Planning Licensing: If your company plans to carry out construction or architectural work, you may need a license from local authorities.
- Professional License: In some cases, you must obtain a license to practice your profession, such as licenses for doctors, lawyers, engineers, and others.
- Health and Safety Licensing: Some businesses may require special health and safety licences, such as public places or medical activities.
- Environmental License: If your company handles hazardous materials or has an impact on the environment, you may need an environmental license.
- Tourism and Hospitality License: If your company works in the field of tourism and hospitality, you may need a special license from the tourism authorities.
- Shipping and transportation license: If your company works in the field of shipping and transportation, you may need a license for this from the relevant authorities.
Advantages of registering a company in the Fujairah Free Zone
Registering a company in the Fujairah Free Zone provides many advantages and benefits that make it an attractive option for investors. Among these advantages:
- Freedom of ownership: Establishing a company in the Fujairah Free Zone allows the investor to own 100% of the capital without the need for a local sponsor.
- Easy registration procedures: The simple and easy procedures for establishing companies in the free zone provide an easy and quick procedure.
- Advanced Infrastructure: Fujairah Free Zone provides a modern and advanced infrastructure, which helps facilitate corporate activities and improve work efficiency.
- Government Facilities: The government provides support and facilities to companies registered in the free zone, including tax reductions and customs exemptions.
- Easy access to global markets: Companies registered in the free zone can easily access regional and global markets due to the distinguished geographical location of the emirate.
- International Cooperation: The free zone acts as a center for international business and encourages cooperation with international companies and other governmental and non-governmental institutions.
- Reliable legal structure: Fujairah Free Zone provides a reliable and challenging legal structure that helps provide a stable and secure business environment.
- Economic Diversity: The free zone is characterized by economic diversity that includes a wide range of economic sectors such as logistics, technology, industry, and financial services.
Our service is to facilitate company registration in the Fujairah Free Zone
Itqan Al-Oula Company is a legal and administrative consulting company specialized in providing distinguished services to clients in the field of establishing companies and business management. The company ensures that you get the right guidance and comprehensive support for registering companies in the freedom zones in the UAE, including the Fujairah Free Zone. Itqan Al-Oula is distinguished by a team of experts with experience in law and business, ensuring the provision of high-quality and reliable services to fully and effectively meet clients’ needs.
Our service, facilitating company registration in the Fujairah Free Zone, includes many specialized services and comprehensive assistance for clients wishing to establish their companies in this vital economic zone. Here are some of the services we provide:
- Business Consulting: We provide specialized consultations to clients to help them understand the legal and administrative procedures and requirements for registering a company in the Fujairah Free Zone.
- Document Preparation: We help our clients prepare and coordinate all documents necessary for company registration, such as agreements, legal documents, and financial statements.
- Legal registration: We carry out the legal and administrative registration processes for the company in the Fujairah Free Zone, including submitting to the competent authorities and submitting the necessary applications.
- Assistance with regulations and controls: We provide our clients with knowledge of the regulations and controls of the Fujairah Free Zone, and provide support in ensuring compliance with them.
- Coordination with relevant authorities: We communicate and coordinate with government agencies and service institutions to ensure a smooth registration process and obtaining the necessary permits.
- Logistical support: We provide comprehensive logistical support to our customers by providing the necessary information about the facilities and services available in the Fujairah Free Zone.
- Post-incorporation follow-up: After establishing the company, we provide post-incorporation follow-up services such as accounting and tax management and assistance in communicating with government agencies.
Our goal is to provide excellent and integrated services to our clients to facilitate the process of establishing their companies and achieving their business goals in the Fujairah Free Zone.
In conclusion, establishing a company in the Fujairah Free Zone represents an important step in the entrepreneurship journey. Through cooperation with Itqan Company, this operation provides diverse and fruitful opportunities for investors, and lays a strong foundation for the company’s future success. Registering the company in the Fujairah Free Zone in cooperation with Itqan provides a favorable investment environment, and facilitates legal and administrative procedures, which enhances the attractiveness of Fujairah as a leading business destination in the Emirates.
Frequently asked questions regarding company registration in the Fujairah Free Zone
What are the basic steps to register my company in the Fujairah Free Zone?
An application for company registration must be submitted to the relevant authorities in the Fujairah Free Zone. Submitting the required documents such as the company registration form, incorporation document, operational plan, insurance certificate, etc.
What are the different types of companies that can be registered in the Fujairah Free Zone?
Local companies, subsidiaries of international companies, joint venture companies, etc. can be registered.
What languages are accepted for submitting documents?
Arabic and English are the official languages for submitting documents in the Fujairah Free Zone.
What are the expected fees for company registration?
Fees vary according to the type of company, activity, size of capital, etc., and specific details can be obtained from the relevant authorities.
How long does the company registration process take?
The duration of the registration process varies depending on the type and requirements, and often takes a few days to several weeks.
Are there special requirements for foreign investors?
Foreign investors can register in the Fujairah Free Zone in accordance with local laws and applicable procedures.
What additional services can be obtained?
Additional services such as logistical support, company management services, legal and financial consultations can be obtained.
Can I change the company type after registration?
Yes, the company type can be changed after registration according to the procedures and requirements in force in the free zone.