IFZA Fujairah Free Zone Company Formation

Incorporate your Fujairah International Free Zone company in 3 simple steps:

  • Choose the package that best suits you.
  • We will form your IFZA free zone company.
  • You will receive trade license and start activity.
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3 Simple Steps

Start your IFZA Free Zone Company in 3 Simple Steps

Step 1
Step 1

Select package and place order

Step 2
Step 2

We will register your company

Step 3
Step 3

You will receive your license

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Emirates NBD Mashreq Bank RAK Bank Emirates Islamic Dubai Islamic Bank Noor Bank

Pricing

Commercial License Packages

Commercial License - No Visa
AED 15,999AED 11,999
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 11,999 (all inclusive)

Commercial License - 1 Visa
AED 20,999AED 16,999
  • Multiple shareholders.
  • 1 visa.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 16,999 (all inclusive)

Commercial License - 3 Visas
AED 25,999AED 20,999
  • Multiple shareholders.
  • 3 visas.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 20,999 (all inclusive)

Trading License Packages

General Trading License - No Visa
AED 17,999AED 13,999
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 13,999 (all inclusive)

General Trading License - 1 Visa
AED 23,999AED 19,999
  • 1 shareholder.
  • 1 visa.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 19,999 (all inclusive)

General Trading License - 3 Visas
AED 27,999AED 23,999
  • Multiple shareholders.
  • 3 visas.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 23,999 (all inclusive)

**Terms and conditions for visa related packages:

  1. Two (2) business activities already included in every trade license.
  2. General trading activity is only available with a visa package.
  3. All visa license packages include an office rental agreement.
  4. eChannel registration for visa: For all visa packages, eChannel registration fee of AED 7,200 shall be payable (AED 5,000 is a refundable security deposit).
  5. Investor/employment visa cost: AED 4,700 per person. Residence visa shall be valid for three (3) years.
  6. The fee for medical fitness (being AED 300 for normal and AED 875 for express service) is payable directly.
  7. The fee for Emirates ID application (being AED 370) is payable directly.
  8. Establishment Card cost: AED 1,500 for three (3) years.
  9. Visa status change cost: AED 800 payable at the change of visa status change, if required.

Timelines

Here are the timelines for establishing a free zone company in IFZA Fujairah Free Zone, UAE.

1

Day 1 – Application submission

You will sign and submit your application.

2

Day 3 – Reservation of name

We will reserve the name of your company with IFZA Fujairah Free Zone.

3

Day 4 – Submit documents to IFZA

We will submit your application along with the required documents to IFZA.

4

Day 6 – Trade license is issued

Your trade license will be issued by IFZA. We will send you a scanned copy for you to start your business activity.

5

Day 7

Original company documents will be available for collection at our offices.

6

Day 21

The Immigration Card will be issued by Immigration. This will enable you to apply for your visa.

7

Day 21

You will need to submit your visa application forms along with the required documents to us.

8

Day 26

Your UAE entry visa will be issued and sent to you by email.

9

Day 27

You can proceed with the blood test and then stamping of the residence visa on your passport once the blood test report has been issued.

International Free Zone Fujairah

Why International Free Zone Fujairah?

  • IFZA provides the most cost-effective business set up options in the UAE
  • Wide range of consultancy, services and trading activities available
  • Shareholders are not required to be physically present in the UAE for IFZA company formation
  • IFZA free zone companies have limited liability
  • 100% repatriation of capital and profits
  • 100% foreign ownership allowed
  • 0% corporate or personal income tax
  • Quick company formation process of 1-2 working days
  • Various visa and non-visa packages available

Key Features

Here are some of the key features of free zone companies established in International Free Zone Fujairah, Fujairah.

International Free Zone Fujairah International Free Zone Fujairah is the one of the most promising upcoming free zones in the UAE.
Type of Company Limited liability company in free zone with minimum of one (1) shareholder.
Requirements for accounting There are no accounting or reporting requirements for free zone companies established in International Free Zone Fujairah.
Taxes Companies established in International Free Zone Fujairah are exempt from all corporate taxes in the United Arab Emirates.
100% Ownership 100% shares can be owned by foreign nationals.
Time zone Convenient world time zone: GMT+4
Paid up capital requirement No paid requirements for paid up capital.
Minimum shareholders A person in charge is required to be appointed for each company.
International Free Zone Fujairah
International Free Zone Fujairah is the one of the most promising upcoming free zones in the UAE.
Type of Company
Limited liability company in free zone with minimum of one (1) shareholder.
Requirements for accounting
There are no accounting or reporting requirements for free zone companies established in International Free Zone Fujairah.
Taxes
Companies established in International Free Zone Fujairah are exempt from all corporate taxes in the United Arab Emirates.
100% Ownership
100% shares can be owned by foreign nationals.
Time zone
Convenient world time zone: GMT+4
Paid up capital requirement
No paid requirements for paid up capital.
Minimum shareholders
A person in charge is required to be appointed for each company.

Frequently Asked Questions

Here are some answers to some of the most common questions related to International Free Zone Fujairah, Fujairah.

What is the cost of setting up a free zone company in International Free Zone Fujairah?
International Free Zone Fujairah offers one of the most cost-effective company formation packages starting from AED 11,999 only.
Do I need to be in the UAE to set up a company in International Free Zone Fujairah?
You do not necessarily need to be in the UAE to set up your company. You will be required to have visited the UAE at least once for the International Free Zone Fujairah company formation packages with residence visa. If you wish to only obtain a trade license for your company, you can still form the company even if you have not visited the UAE at all.
When can I set up my bank account?
Once your International Free Zone Fujairah company has been established, you can apply for opening a corporate bank account with any of the banks in the UAE.
Do I need a local sponsor to set up a company in International Free Zone Fujairah?
No, you do not need a local sponsor to set up a company in International Free Zone Fujairah. One of the many benefits in setting up a company in International Free Zone Fujairah is having 100% ownership of the company.
How long would it take to set up a company in International Free Zone Fujairah?
The timeframe in setting up a company in International Free Zone Fujairah is 1 working day after you have signed and submitted the application forms and the required documents. Any further process for the visa issuance is outlined in our Timelines section above.
What are the activities that I can set up in International Free Zone Fujairah?
The activities offered by IFZA are divided into three (3) types (i.e. commercial activities, services activities and trading activities). There are a number of sub-activities that are available within these three (3) main activity types.
Do I need to have an actual office space to set up my company in International Free Zone Fujairah?
There is no requirement for an office space to set up a company with IFZA. If you choose the license package with visa, IFZA will provide you with office rental agreement.

Government Departments

We can help you with the processes in the following government departments.

Dubai Economy Department
Dubai Courts
UAE Ministry of Economy
UAE Ministry of Labour
abu dhabi Judiciary department
RTA
Land Department
RERA
Ministry of Justice UAE
Ministry of Foreign Affairs UAE

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