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Fujairah Free Zone (FFZ)
Fujairah Free Zone is adjacent to the Port of Fujairah. Companies established here have easy access to all Arabian Gulf ports, the Red Sea, India, and Pakistan on weekly feeder vessels. Mainline services arrive from Northern Europe, the Mediterranean, Far East and North America on a weekly basis, and services leave twice weekly to the Far East and once a week to North America.
Fujairah Free Zone is also close to Fujairah International Airport which is the only airport serving the UAE East Coast as well as northern Oman. A fortunate combination of geographic location, with access to world’s major shipping routes, a fine port & airport, and streamlined procedures, make the Free Zone of Fujairah an ideal place for business.
Investors benefit from the triple Fujairah Free Zone advantage, namely the ACE -Accessibility, Connectivity & Economy.
Accessibility & personal touch of the staff, and management. Fujairah Free Zone offers a unique Connectivity – logistic link to the world; by air through Fujairah International Airport, by sea through Fujairah Sea Port, and by road to Middle East & beyond. Investors benefit by way of faster transaction, accruing due to shorter delivery times. Fujairah Free Zone (FFZ) offers an unmatched Economy – cheaper tariffs, and minimum start up time. Licenses can be issued within one working day. Reduced establishment expenses, and lower overheads, make FFZ a very cost-effective investment proposition.
Types of License
Frequently Asked Questions
Free Zone Companies are registered and listed with a Free Zone Authority (e.g DMCC). A DMCC Free Zone Company does not require you to have any Local UAE Citizen Partner and can be 100% owned by any foreign citizen and/or company.
DMCC Free Zone companies can be registered as an Individual, Branch, and/or Subsidiaries of Local UAE or Foreign Companies.
Yes, you can choose any name yourself. However, the registration will go through the DMCC Authority and Dubai Economic Department approvals.
The number of employees you can hire depends on the Office Space you lease. If you require more visas than the allocated number, additional fees are applicable. At Mayfair Executive Office, you get 3 Visas and 1 PIC per office, regardless of the size.
It is mandatory to acquire a facility upon issuance of the License. You can either rent or buy a Flexi Desk, Serviced Office, Physical Office, Retail Space and Warehouses or Open Land for Industrial Units.
Having an office facility is a mandatory. DMCC Free Zone companies are only allowed to have an Office Facility inside DMCC Free Zone in Jumeirah Lakes Towers (JLT).
DMCC provides three types of visas: employment visa, dependents residence visa, and business visit visa.
The amount of the Share Capital varies depending on the chosen activity. A minimum required Share Capital for a Service/Commercial Trading License is AED 50,000; and AED 1 Million for General Trading. This amount must be deposited in the company’s bank account and once Share Certificate is issued by the bank, money can be withdrawn thereafter.
Yes, you can and there is a wide variety of good banks to choose from.
Yes, you are allowed to trade locally and internationally but subject to the Rules and Regulations of DMCC Free Zone.
The documents and the company setup costs will depend on the activity chosen. To get a better idea about the costs involved, click here.
Company formation in DMCC has a minimum processing of 3-6 weeks. However, the speed of approvals will depend on the chosen activity, certification and attestation requirements.
Yes, Park Avenue Offices has a team of professionals well versed with the DMCC rules and regulations and will help you with all documentations and procedures.
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