Forming Your Company in the Fujairah Free Zone

Forming Your Company in the Fujairah Free Zone

by Zaara 24, Sep 2016

The United Arab Emirates is formed of 7 emirates, namely Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain.

Among all the free zones in the UAE, the lowest cost and fastest growth are being seen in Fujairah. Boasting the lowest annual fee in all of the UAE, Fujairah also has no taxes, no need for attestation, no mandatory annual reporting requirements, and no need to actually appear in the free zone at all. In short, you are free to do the one thing you are here to do; run your business.

However, you need to be sure of which business you will be carrying out at Fujairah. The Fujairah Free Zone provides infrastructure to investors in the field of trading, manufacturing, assembling, distribution etc. by providing trading offices, warehouses, or land as required.

Fujairah is indeed a place where you can keep a razor-sharp focus on the one thing that matters most: running and growing your business. You don’t have to worry about safety, or the basic necessities because all that is taken care of. This is where businesses thrive, and yours can too!

All this may sound easy, but you have to keep some things in mind before you start out on your venture. The cost of non-compliance with laws in the UAE is high, and flouting the laws of the land, inadvertently or not, could land you in serious legal trouble. You need to ensure that you have an account with the right bank, with the right credit conditions. The office space you occupy should serve your requirements completely and correctly.

For this, you need to work with a trusted advisor who has years of experience in guiding organizations and individuals to successfully run their businesses in the UAE. Contact us today to know more.

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