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Fujairah mainland
BUSINESS SETUP IN FUJAIRAH MAINLAND
In Fujairah Mainland, expats are restricted from owning 100% of their company, with a maximum ownership limit of 49%. The majority, 51%, must be held by a local Emirati sponsor who remains passive in business activities. All legal rights and financial matters are documented in the sponsor’s name. The business requires a minimum of 2 and a maximum of 50 partners, and relevant identity documents must accompany the business setup application.
FUJAIRAH DED
Department Of Economic Development
8,000/- AED
Professional Trade License
UAE Investor Visa
100% Business Ownership
Office Solution
Bank Account Assistance
Medical Test & Emirates ID
Start Business Assistance
PROCEDURE OVERVIEW:
- Fujairah municipality handles initial approval and business license issuance.
- The procedure varies based on the business type and chosen jurisdiction.
- Assistance from experienced business setup services is recommended for a smoother process.
ADVANTAGES OF FUJAIRAH MAINLAND SETUP:
- No limitations on employee recruitment.
- No income tax.
- Cost-effective infrastructure and facilities.
- Lower mandatory capital compared to other emirates.
- Permission to open multiple branches.
- Favourable business policies and regulations.
- Unlimited market access across emirates and internationally.
PROCEDURE FOR MAINLAND COMPANY FORMATION IN FUJAIRAH:
- Choose Business Type: Options include Limited Liability Company, Partnership Firm, Public Joint Shareholding Company, Professional Firms, Private Shareholding, Joint Venture, and Sole Proprietorship (for professional agencies).
- Identify Business Activity and Jurisdiction: Determine the type of business activity, license required, and the jurisdiction.
- Legal Entity Form: Prepare the legal structure of the entity.
- Finalize Location: Select a suitable location.
- Obtain Initial Approval: Seek initial approval from authorities.
- Reserve Trading Name: Reserve and gain approval for the trading name.
- Local Sponsor Agreement: Agree with the local sponsor or local service agent.
- Additional Approvals: Apply for necessary approvals from relevant departments and ministries.
- Office Space Agreement: Conclude rent/lease agreements for office and commercial space.
- Submission to Fujairah Municipality: Submit all required documents and approvals to Fujairah Municipality for business license issuance.
TYPES OF LICENSES AVAILABLE:
- General Trading License
- Commercial License
- Industrial License
- Tourism License
- Professional License
For a smoother, efficient process, contact us. We make business setup in Fujairah Mainland better and easier.
As Dubai-based business consultants, we aid global investors in establishing their envisioned business ventures in Dubai and across the United Arab Emirates.