Offering a distinctive combination of strategic advantages, Fujairah Free Zone Authority (FFZA) stands out as the ideal location for business setup in the United Arab Emirates. With its ideal location near important shipping lanes, its quick access to ports and airports, and its simplified legal processes, FFZA is an appealing option for companies looking for a convenient and connected operating environment. Companies established here enjoy a geographically advantageous position with easy access to major locations like the Red Sea, Iran, India, and Pakistan, as well as the ports of the Arabian Gulf.
Unique Features of FFZA
- FFZA is a gateway to East Africa, Asia, and the Indian Ocean, offering direct access to vast markets.
- FFZA caters to a wide range of industries, from manufacturing and logistics to technology and e-commerce.
- FFZA has dedicated clusters for specific sectors like food processing, metals, and medical equipment.
- FFZA offers cheaper tariffs and minimum start up time. Business licenses are usually issued within a few working days.
Types of licenses available in FFZA
- Trading License
- General Trading
- Professional/service License
- Industrial License
- Warehousing License
- Manufacturing License
Benefits of setting up a business in FFZA
- 0% corporate tax on Qualifying Income
- 100% foreign ownership
- No currency restrictions
- Variety of investment fields for setting up a business
- Multi-access to global markets by land, sea and air
- Efficient and cost-effective investment facilitation
FAQs
The process of setting up a company in FFZA mainly includes:
- Choose the type of license
- Choose your type of facility
- Choose a company name and structure
- Submit the signed application forms with required documents
- Obtain initial approval
- Draft Memorandum of Association (MoA) and get it notarised
- Get Capital Contribution Certificate and Auditor’s Certificate
- Obtain commercial registration (CR)
- Open a corporate bank account
- 0% corporate tax on Qualifying Income
- 100% foreign ownership
- No currency restrictions
- Variety of investment fields for setting up a business
- Multi-access to global markets by land, sea and air
- Efficient and cost-effective investment facilitation
The permitted legal entities in FFZA are:
- Free Zone Establishment (FZE)
- Free Zone company
- Branch of a UAE company
- Branch of a foreign company, including offshore company
The costs of setting up a company in FFZA will vary depending on the type of license you require and the complexity of your business operations. Contact Gatestone Group for more information via [email protected] or call +971 4 450 1023.
No, you do not need a local partner to set up a company in FFZA. Foreign investors are allowed to own 100% of their businesses in the free zone. For seamless company formation and expert guidance in FFZA, reach out to Gatestone Group today via [email protected] or call +971 4 450 1023.
The process of setting up a company in FFZA can take an average of 1-2 weeks without external approvals. Empower your business success in FFZA with Gatestone Group’s expertise and unwavering support via [email protected] or call +971 4 450 1023.
FFZA does not typically have strict minimum capital requirements, with standard share capital at AED 150,000 for registering a Free Zone Establishment (FZE) or a Free Zone Company (FZC).