Established in 2005, the Fujairah Free Zone Authority (FZZA) has been a pivotal player in the development of Fujairah City and the broader Middle East region. Situated in Fujairah, the only emirate with coastlines solely on the Gulf of Oman and adjacent to Fujairah airport, it offers a strategic location for investors seeking to enter the UAE market.
Fujairah City has emerged as a prominent business hub due to its flourishing tourism, bustling seaports, and well-connected highways. With borders shared with Oman, Ras al Khaimah, Sharjah, and Ajman, it enjoys a prime position for regional trade.
The Fujairah Free Zone provides a diverse array of business opportunities. Aura Vision Advisors specializes in facilitating company setup and renewal within several free zones, including FZZA. Positioned near the Port of Fujairah, it boasts convenient access to Arabian Gulf ports, the Red Sea, Pakistan, and India, enabling seamless connections with global markets like Northern Europe, the Mediterranean, and North America on a weekly basis. Moreover, its proximity to Fujairah International Airport further enhances its appeal for international business ventures.
For those considering business setup in the UAE, Fujairah Free Zone offers a swift and straightforward process. Three types of company ownership options are available:
The benefits of establishing a business in Fujairah Free Zone are abundant, including:
Renewing a company within the Fujairah Free Zone is also hassle-free, typically taking one to two days with minimal costs compared to initial setup expenses. Company renewals occur at the start of each calendar year, with fees covering the entire year. Additionally, FFZA offers a variety of facilities such as offices, warehouses, and land plots for lease, catering to businesses of all sizes. Business activities permitted in the free zone encompass publishing, broadcasting, marketing, IT services, consultancy, and more.
Before commencing business activities, obtaining a business license from the Fujairah Free Zone Authority is mandatory, with costs ranging from AED 21,000 to AED 50,000 depending on the nature of the business. Likewise, acquiring a residency visa within FFZA entails a fee of approximately AED 3,460, with an efficient process facilitated by Aura Vision Advisors.
Considering its strategic location and business-friendly environment, Fujairah Free Zone presents an attractive option for entrepreneurs looking to establish a presence in the UAE market. With its seamless setup process and support services offered by Aura Vision Advisors, embarking on a business venture in Fujairah holds great promise for success.