Company Setup in Fujairah Free Zones
UAE Company Formation - Fujairah Free Zone
Entrepreneurs have a few jurisdictions to select from when it comes to incorporating a business in Fujairah.
Business Setup Consultants
Start Business in Fujairah
Fujairah is UAE’s only emirate with no territory on the Persian Gulf; its entire coastline is on the east side of the Musandam Peninsula, which faces the Gulf of Oman. The principal urban centre is Fujairah town which is the capital. Since the opening of its new container port in the early 1980s, Fujairah town has become a major transshipment point.
Fujairah, UAE
Business Setup in Fujairah
Fujairah is a great place to do business due to its low costs and low entry barriers. The free zones are popular due to low-cost packages. Fujairah Creative City has grown extensively as a low-cost alternative to other media free zones in the country.
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Fujairah Free Zone is a great place to incorporate a business in maritime services, logistics, or import and export trade. With new rail and road connections to the broader region, the free zone is well placed for solid growth into the future.
Creative City Fujairah
Creative City is a new media innovation cluster created on the model of Dubai Media City. The free zone stands out from other jurisdictions by offering low-cost packages with minimal red tape.
Fujairah Free Zone
Fujairah Free Zone is adjacent to the Port of Fujairah and close to the Fujairah International Airport. It focuses on trading, service providers, logistics companies and manufacturers.
Fujairah Local LIcense
Starting a Business in Fujairah DED
The Fujairah Department of Economic Development (FDED)issues all local business licenses for areas that are not covered by free zones. Historically, local licenses required local citizens to be majority shareholders. However, the UAE has modernized its laws recently to grant expat owners full ownership of a business in most sectors.
Emirates of Fujairah
History of Fujairah
Archaeological finds in the Emirate of Fujairah point to a history of human occupation and trading links stretching back at least 4,000 years. The emirate is home to the oldest mosque in use in the United Arab Emirates, Al Badiyah Mosque, built-in 1446.Â
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In 1952 the British government accepted Fujairah as an autonomous state. It swiftly joined the UAE in the 1970s and has modernized ever since. As a result, Fujairah’s economy expanded rapidly throughout the first part of the century, peaking at 21 percent growth in 2006.
World’s Third-largest Bunkering Destination
The Economy of Fujairah
Fujairah could become the UAE’s new growth centre as a hub for oil exports. The Port of Fujairah has deep waters that allow access to ultra-large crude carriers. This has enabled it to become the world’s third-largest bunkering destination for cargo ships to refuel, restock on vital supplies and even wait between jobs without having to pass into the Gulf of Oman.
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The 11-billion-dollar UAE rail network and the wider GCC rail network will further enhance Fujairah’s economy. It could also serve as an alternative cargo route and, once the rest of the GCC network is completed, will facilitate the transportation of goods across the region.
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Fujairah is the only emirate of the UAE that is almost entirely mountainous. Deserts broadly cover all the other emirates. Fujairah boasts a higher-than-average yearly rainfall than the rest of the UAE, making it a popular destination for tourism in the summer months.