Fujairah Free Zone (FFZA)

The Emirate of Fujairah is one of the seven Emirates forming the United Arab Emirates and it’s ranked the fifth largest. Under the leadership of His Highness Sheikh Hamad Bin Mohammad Al Sharqi, the Ruler of Fujairah and Supreme Council Member, the Emirate of Fujairah has seen a rapid growth in the economic and social fields.

Fujairah is the only jurisdiction that is located on the East Coast of the UAE where more than 250,000 expats are living and where foreign entrepreneurs made of Fujairah a business hub.

Corporate Features

Company Formation Type

 

  • Free Zone Establishment (FZE) – an entity with a sole owner
  •   Free Zone Company (FZCO) – an entity owned by 2 to 5 partners
  •  Branch of a UAE Residing Company
  •   Branch of a Foreign Company residing outside the UAE
Types of Licenses

 

  • General Trading License
  •   Consultancy / Services License
  •   Industrial License
Licensing Authority

Fujairah Free Zone Authority

Legislation

Fujairah Free Zone Authority

Confidentiality

Complete Confidentiality

Accounts and Audits

Not required

Minimum Share Capital

 

  • Free Zone establishment (FZE ) – 150,000AED Minimum Share Capital
  •   Free Zone Company (FZCO) – 150,000AED Minimum Share Capital
  •   Branches – No Minimum Share Capital Required
Taxation

No taxes

Currency

UAE Dirham

Time to Form

5 working days

Issuance of Visa

5 working days

Foreign Ownership

 

100%

Capital Repatriation

100%

Minimum Number of Directors

Minimum of One Director