Question 1

What company types can I form in Fujairah?

Accepted Answer

You can form Mainland LLCs, Free Zone entities such as Fujairah Free Zone Authority (FFZA) companies, Offshore companies, and Branches of foreign companies.

Question 2

Is 100% foreign ownership allowed?

Accepted Answer

Yes, Free Zone and Offshore companies allow full foreign ownership. Mainland companies also allow 100% ownership for certain activities following recent legal changes.

Question 3

What licenses are offered in Fujairah?

Accepted Answer

Commercial, Industrial, Professional, and specialized Free Zone licenses are available depending on your business activity.

Question 4

How long does company formation take?

Accepted Answer

Free Zone company registration usually completes in 3–7 days. Mainland companies may take 1–3 weeks, while Offshore setups take about 5–10 days.

Question 5

Are there capital and office space requirements?

Accepted Answer

Capital requirements depend on the business activity and entity type. Physical office space is mandatory for Mainland companies, while Free Zones offer flexible office options.

Question 6

What taxes apply in Fujairah?

Accepted Answer

Corporate tax at 9% applies on profits above AED 375,000. VAT at 5% is applicable if turnover exceeds AED 375,000. Free Zones may offer tax incentives.

Question 7

What documents do I need to register?

Accepted Answer

Passport copies, trade name reservation, MOA/AOA or LSA agreements, tenancy contracts, business plans, and initial approvals from authorities are required.

Question 8

Can I open a corporate bank account in Fujairah?

Accepted Answer

Yes, after license issuance, you can apply with local and international banks with typical documentation and bank interviews.

Question 9

Are ongoing compliance and renewals necessary?

Accepted Answer

Annual license renewal, VAT returns, audit reports if required, and corporate tax filings must be complied with.

Question 10

Can I operate throughout the UAE with a Fujairah Free Zone company?

Accepted Answer

Free Zone companies operate primarily within the Free Zone or internationally. Mainland business requires local licensing or appointing a local agent.

Fujairah Company Formation

Frequently Asked Questions