One of the first free zones in the UAE is the Fujairah Free Zone Authority (FFZA). It is located close to the Fujairah Port in the Emirate of Fujairah. The free zone concentrates on commercial and marine operations. There are several mining and heavy industrial businesses there. The free zone also has branches of all renowned petroleum businesses in the area because to Fujairah Port’s favorable location with direct access to the Indian Ocean.
One of the top possibilities for businesses looking to operate in the Fujairah Emirate is to set up shop in the Fujairah Free Zone. In the GCC region, it possesses the largest oil storage. The Fujairah Free Zone, which is strategically situated on the UAE’s east coast, was established with the goal of giving investors the ACE (Accessibility, Connectivity, and Economy) triple advantage. Businesses established here have easy access by weekly feeder vessels to all ports in the Arabian Gulf, the Red Sea, Iran, India, and Pakistan. The business-friendly laws of the Fujairah Free Zone continue to be vital. According to official regulations, the Fujairah free zone corporation is exempt from paying import or export taxes on completed goods, industrial machinery, and raw materials.
Benefits of setting up a business in Fujairah free zone
No audit required
100% Repatriation of Capital and Profits
Beneficial policies for investors.
Investors have capital security.
Low setup costs
A broad spectrum of investment fields
100% Tax Exemption
High-quality infrastructure
Easy access to the neighboring and international markets.
An abundance of investment options and cost-effective alternatives to start your business and establish a presence.
Quick and straightforward registration process
Business activities
Consultancy
Publishing
Textile Industry
Gold Industry
Recycling Business
IT services
Photography and Film Production
Perfumes and Plastics Trading
Marketing and Media Services
Broadcasting and management
Music and Entertainment
Documents required
Certified passport copies and UAE visa entry stamp