Fujairah is one of the seven Emirates in the UAE and is well known as a tourism destination. Fujairah is the only Emirate located on the East Coast of the UAE and provides some of the most modern technologies for companies and highest living standards for citizens. There are over 250,000 foreigners living in Fujairah at the moment. Also, since the establishment of the Fujairah Free Zone, the Emirate has become very attractive to foreign investors. The available types of companies for foreign enterprisers in Fujairah are:
Investors may full own a company in Fujairah based on the type of license and the lease agreement concluded with the authorities. The following licenses are available for setting up a company in Fujairah:
In order to apply for a manufacturing license in Fujairah, a company must respect all the requirements related to: area, electricity, water, human resources and environmental characteristics.
Our company formation agents in Dubai may provide you with all the information about applying for a business license in Fujairah.
The most common type of business to be set up in Fujairah is the limited liability company which requires a minimum of two shareholders and a share capital of 150,000 AED. In order to establish a company in Fujairah, one must obtain a business name from the Municipality. Business licenses are also released by the Fujairah Municipality. However, for special activities one must apply for a special license with the relevant ministry or department.
The documents required to register a company in Fujairah are: