Establishing a company in the Fujairah Free Zone is considered an important strategic step for companies seeking to benefit from the flexible economic environment and competitive advantages provided by the free zone. Itqan Company provides company establishment services in the Fujairah Free Zone with the highest standards of quality and efficiency, with a focus on achieving clients’ goals and meeting their needs accurately.

One of the important factors that facilitate the establishment of companies in the Fujairah Free Zone is the simple and quick procedures, as the free zone provides an encouraging and supportive environment for business. In addition, the Fujairah Free Zone offers low establishment costs and diverse investment opportunities that attract companies from various sectors.

Another positive aspect of establishing companies in the Fujairah Free Zone is access to the Middle East and North Africa market, in addition to the advanced infrastructure and distinguished logistics services that facilitate shipping and distribution operations.

In short, establishing a company in the Fujairah Free Zone is a strategic and promising investment, and through Itqan, companies can benefit from the support and assistance needed to achieve sustainable success in this dynamic economic environment.

Establishing a company in the Fujairah Free Zone

Establishing a company in the free zone

Establishing a company in the Fujairah Free Zone is an interesting option for companies wishing to operate in this wonderful emirate. The Fujairah Free Zone provides a distinct business environment and flexibility in laws and legislation, making it a preferred destination for startups and international companies alike. To establish a company in Fujairah, it requires following some key steps.

1. Determine the type of company: Determine the type of company you wish to establish. It can be a limited liability company (LLC), single share limited liability company (FZ-LLC), sole proprietorship, or other available legal forms.
2. Choosing a free zone: Select the free zone in which you would like to establish the company in Fujairah. There are several free zones available in Fujairah, such as the Fujairah Free Zone, the Fujairah International Trade Zone, and others.
3. Submitting a registration application: Submit a registration application to the responsible authority in the free zone. You will need to provide required documents, such as registration forms, financial forms, passports and residence permits for shareholders and directors, and any other documents required depending on the type of company.
4. Payment of fees: Pay the fees required to establish the company and obtain the necessary licenses. You should check the specific fees for each free zone and the type of company you wish to establish.
5. License issuance: After meeting all requirements and paying the required fees, your application will be reviewed and the company’s commercial license will be issued.
6. Establishing the company: After obtaining the license, the procedures for establishing the company must be completed, such as opening a bank account for the company, securing the necessary office or space, and obtaining other permits required to start work.

Advantages of establishing a company in the free zone

Establishing a company in a free zone provides a number of advantages and benefits. Here are some of the main advantages of establishing a company in Fujairah:

1. Tax exemptions: Free zones in Fujairah are areas subject to local tax laws and regulations, and usually provide tax exemptions on income and corporate taxes for a specified period. This can provide important financial opportunities and increase profitability for the company.
2. Full ownership: Foreign investors are allowed to own 100% of the company\’s stake in the Fujairah Free Zone, without the need for local partners. This gives the company greater freedom to make decisions and complete control over its activities.
3. Ease of establishment and operation: Fujairah free zones provide simplified and quick establishment procedures, which reduces bureaucracy and facilitates the process of establishing a company and starting work. It also provides integrated administrative and logistical services to facilitate the company\’s operations.
4. Investment and trade facilities: Fujairah free zones provide an encouraging investment environment and advanced facilities for companies. In addition, it provides local and global trade opportunities and access to new markets and trade networks.
5. Advanced infrastructure: Fujairah Free Zone has a modern and advanced infrastructure, including logistical facilities, sea ports, airports, and industrial zones equipped with high technology. This supports companies in facilitating production, supply and distribution processes.
6. Utilizing the available workforce: Fujairah Free Zone provides a multi-skilled workforce available at a low cost, which helps companies enhance their productivity and reduce labor costs.

Fees for establishing a company in the free zone

Fees for establishing a company in the Fujairah Free Zonemay vary based on the type of company and the specific free zone. However, there are general fees that may be essential considerations for starting a company. Please note that the following fees may change and vary based on updates and amendments to policies and regulations in Fujairah Free Zone. Therefore, it is always preferable to contact the responsible authority in the free zone to obtain more specific and updated information. There are some fees that may be required when establishing a company in the Fujairah Free Zone, including:

• Registration fees: Includes fees for submitting a registration application and registering the company in the free zone.
• License fees: Requires obtaining a business license for the company, and the license fees usually include establishment and annual renewal fees.
• Postal address fees: If you use a postal address provided by the Free Zone, a fee may apply for this service.
• Legal Consulting and Accounting Fees: You may need to consult an attorney or accountant to assist with the company formation process and comply with legal and financial requirements.
• Visa and residence permit issuance fees: If you require a visa and residence permits for directors and employees, fees may apply for these services.

Please note that these fees are general guidelines and may vary based on the type and size of the company and the legal and regulatory requirements of each free zone. Therefore, it is advisable to contact the responsible authority in the Fujairah Free Zone or contact Itqan Company to obtain accurate details about the fees and specific costs for establishing your company in this zone.

Advantages of establishing a company in the Fujairah Free Zone

A company in the Fujairah Free Zone

Establishing a company in the Fujairah Free Zone represents an important opportunity for businessmen seeking to benefit from the open commercial environment and economic advantages available in the emirate. Fujairah Free Zone is considered a strategic location that attracts investments thanks to its distinguished geographical location and the advanced infrastructure it provides. In cooperation with Itqan Company, investors can achieve their goals of establishing a successful company in this region.

After a comprehensive study of local requirements and advantages, the costs of establishing a company in Fujairah Free Zone can be summarized by a set of important factors. These costs include licensing and registration fees, legal and accounting consulting costs, office rental costs, as well as administrative services fees. Investors should also use the services of Itqan Company to ensure their compliance with all local regulations and laws.

By investing in establishing a company in Fujairah Free Zone, investors can benefit from many investment advantages, including access to regional and international markets, tax deductions, and no restrictions on transferring capital or profits. Thanks to its cooperation with Itqan Company, investors can avoid the legal, administrative and financial obstacles they may face during this process.

At the conclusion of this article, we can conclude that establishing a company in the Fujairah Free Zone is an attractive option for many investors and businessmen. In addition to the distinguished geographical location and advanced infrastructure, the Fujairah Free Zone provides a number of important commercial advantages.

Thanks to tax exemptions and trade and employment facilities, companies can benefit from the free zone\’s flexible and stimulating business environment. Full ownership and availability of an available workforce also provides exciting opportunities for growth and expansion.

The most important frequently asked questions about establishing a company in the free zone