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Business Setup in Fujairah

Hassle-free and affordable company formation solutions in Fujairah's free zones.

Start your business journey in Fujairah - the gateway to the Gulf. Experience low setup costs, a strategic location, and a supportive business environment. Get started today and unlock endless possibilities for growth and success!

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  • Procedure for Company Registration in Fujairah
  • Documents required for Company Registration in Fujairah
  • End-to-End Support

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Company Formation in Fujairah

Company Formation in Fujairah

Fujairah, one of the seven emirates of the United Arab Emirates (UAE), is a rapidly growing business hub known for its strategic location, modern infrastructure, and favorable business environment. With its proximity to major markets in the Middle East, Africa, and Asia, Fujairah has become an attractive destination for entrepreneurs and businesses seeking to expand their reach and tap into new opportunities.

The government of Fujairah has taken several steps to create a business-friendly environment that encourages entrepreneurship and fosters economic growth. This guide will provide an overview of the critical considerations and steps in setting up a business in Fujairah. Whether you're an established business looking to expand into new markets or a first-time entrepreneur, this guide will help you navigate the process and make informed decisions about your business setup in Fujairah.

    Finding a Location for Your Company Formation in Fujairah

    Fujairah Mainland

    Business on Fujairah’s Mainland has grown in popularity due to Dubai and Abu Dhabi’s high cost of living. Not only does Fujairah offer a cost-effective company setup, but there are plenty of business opportunities and benefits. When you set up a company on the Mainland, you enjoy tax-free advantages, no limits on employment visas, and more. A Mainland company does have a few requirements. There must be at least two partners who are at least 21 years old. You must also find a local sponsor owning 51% of the company.

    Fujairah Free Zone

    Fujairah Free Zone is a dream come true for companies that want to do trading. The Free Zone is next to the Port of Fujairah and has easy access to all Arabian Gulf ports. The Fujairah International Airport is also near the Free Zone. This airport is the only one serving the UAE East Coast and Oman. And if that wasn’t enough, there’s also a well-established highway service. The strategic location allows businessmen to optimize many business processes and reduce delivery time. The location, low production costs, and minimal overhead expenses are cost-effective opportunities for a profitable business in Fujairah.

    Fujairah Creative City Free Zone

    Fujairah Creative City Free Zone slightly differs from a regular Fujairah Free Zone. The Creative City Free Zone was developed in 2007 to attract clients in the media field. Advertising, audio/visual, architecture, broadcasting, marketing, and photography are popular business activities in this Free Zone. This region offers affordability, convenience, and new expansion opportunities.

    Types of Business Entities in Fujairah

    There are different types of business styles to choose from when setting up your company's legal style. Here’s a look at Fujairah's different types of business entities and what they involve.

    Sole Proprietorship

    Medical Services, engineering consultancies, legal practices, and computer consultants are just a few jobs in this category. The owner will be responsible for all the responsibilities and liabilities of the company.

    Limited Liability Company

    This is the most common company in Fujairah and the UAE. With a Limited Liability Company (LLC), you must have a minimum of 2 shareholders and a max of 50. The shareholders’ liability is limited to the shares in the business.

    General Partnership Company

    The name of this company can be made up of the partners' names. In this type of company, it’s an arrangement between two or more partners who are UAE nationals. Each partner is jointly liable to the extent of all their assets for the company’s liabilities. All partners are considered as dealers, so if any partner goes bankrupt, all partners go bankrupt.

    Professional Company

    This type of company is set up between professionals who can only conduct non-commercial activities. This type of company can be entirely owned by expatriate shareholders and will require a UAE national as a service agent. The service agent will not hold shares in the company but may require an annual fee.

    Joint Venture

    This is a popular business method in the UAE. With a joint venture, two or more partners agree to share the losses and profits of one or more commercial companies. The company will be passed on in the name of one of the partners.

    Public Shareholding Company

    This type of company, a public joint-stock company, is divided into equal shares. A shareholder’s liability is limited by the number of shares they hold.

    Private Shareholding Company

    Three or more people form this company. With this type of company, you can’t invite the public to subscribe to shares.

    Types of Business Licenses Available in Fujairah

    When forming a company in Fujairah, you must apply for a business license. This is something that is required for all businesses in the UAE. So, you won’t be able to do business without it.

    General Trading License

    This license type allows investors to trade in various products. Free import, export, and re-export of specified commodities in and outside the UAE will be allowed with this license.

    Trading/Commercial License

    This license type allows you to trade in specified products. The type of products depends on the rules of the license issuing authority. GC can help guide you through the application process and even the Fujairah trade license renewal.

    Service License

    Accounting firms, law firms, business consultants, and other types of firms that offer services will have to apply for this license.

    Industrial License

    An industrial license allows the company to import raw materials, manufacture those products, and export the finished product to any country.

    Warehousing License

    If your business needs a warehouse, you need this license. This will allow you to lease a warehouse and use it to store, pack, and deliver goods.

    Manufacturing License

    If your company needs a manufacturing license, you will need approval first. You can get the license after your project is approved by the authority in the Free Zone, implemented, and fully insured for human resources and machinery.

    6 Easy Steps for Company Formation in Fujairah

    Fujairah has many benefits for business owners, like no taxes, a strategic location, and a business-friendly environment. It’s no wonder entrepreneurs from all over the world want to set up their companies here. If you want to form your company in Fujairah, we want to help you! Although the city is known for its easy company formation, there are still several rules and regulations involved that could cause some hiccups. Gryffin Capitalist is experienced in all the laws involved with company formation in Fujairah. We will guide you through the entire process from start to finish to see that your company is formed and operating without any problems.

    Documents Required for Company Formation in Fujairah
    A valid business license and trade name certificate
    A resolution from the Board of the Company
    Proof of Memorandum of Association
    An Article of Association from the Embassy
    Business plan
    Passport-sized photographs
    Copy of investor’s and shareholder’s passports and their personal information
    The mandatory capital amount deposited into the bank
    Benefits of Forming a Company in Fujairah
    An ideal location for major ports and an international airport
    Government has investor-friendly policies
    Simple staffing and recruitment
    Zero income tax
    Low operating costs
    No currency restrictions for company formation in Fujairah
    Visa sponsorship support
    Two Free Zones
    No yearly auditing requirement
    Flexibility for renting office space
    Our Business Setup Services in Fujairah
    Business Registration
    Services provided by Public Relations Officers
    Bookkeeping and Accounting
    Tax Advisory
    Registration for Value Added Tax (VAT)
    Establishing a Branch Office in the UAE
    Protection of Intellectual Property

    Top Freezones for Company Incroporation

    Why Choose Gryffin Capitalist?

    We are your one-stop for everything you need to form a company in Fujairah. We provide company incorporation and business setup services in Fujairah. Our team of experts has in-depth knowledge in the consultancy field and will guide you through the best options suited for your company.At Gryffin Capitalist, we do all of the hard work for you. We will guide you through the administrative, financial, and legal processes needed to start a company in Fujairah. We help with everything you need, from company formation, securing a space and a sponsor, answering any financial questions, and ensuring you have all the legal paperwork you need for your company formation in Fujairah.

    We provide customizable services for you and your company to ensure you get everything you need at an affordable price. We won’t just be around for your company to get started, but we will stand on your side for your corporate needs down the road, like PRO services, product registration, company liquidation, and many more. We are more than just a service provider, we want you to consider us a long-term partner.

    Quality Professionalism

    High Confidentiality

    Strong belief in long-term client relationships

    Competitive Market Pricing

    Global Footprint

    Efficient and Transparent Process

    What our clients say

    Frequently Asked Questions (FAQs)

    Although fishing, agriculture, and tourism have historically been the cornerstones of Fujairah's economy, the city is crucial as a multipurpose port with access to important shipping lanes because of its strategic location.

    To begin, you must obtain approval from the Fujairah Municipality, draft an MOA, and submit an application for registration along with all required documents. When a trading name is approved, it is entered into the Commercial Register, and its MOA is printed in the Ministry of Economy bulletin.

    You will need a copy of your shareholders' and directors' passports. You will also need your Memorandum of Agreement (MOA), a business license, a trade name certificate, a deposit of mandatory capital in a bank, and the personal information of your shareholders and investors.