Fujairah Mainland

Business Setup in Fujairah Mainland

Located at the east coast of United Arab Emirates (UAE), Fujairah is one of the seven Emirates of the country. Fujairah is known for cargo ships coming in because of its location. The primary economic drives of Fujairah are tourism, construction, and manufacturing materials of buildings. Its strategic location is greatly used in shipping services, giving access to investors from Arabian Gulf ports, Red Sea, Iran, etc. On a weekly basis, there are mainline services that are from Northern Europe, Mediterranean, etc.

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  • Following industries you can setup in Fujairah Mainland

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Setting up Business in Fujairah Mainland

    • Strategic location
      Due to its unique geographical position, the emirate has perfectly situated sea transport and services.
    • Economic Business Establishment

    Operating business in Fujairah is relatively cheaper compared to the other emirates in the UAE. This makes Fujairah a strategic a location for commencement of startups and SMEs firms because of minimal trade license fees, office rents, and labour costs.

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  • Business Setup Requirements & Procedure

    Reputable businesses set up consultants such as FAR Consulting Middle East, which can assist in establishing a business in mainland Fujairah and complete the following processes: 

    1. Choose Your Business Activity

    Choose the activity most efficiently aligned with your company’s objectives. Whether you require a new type of trade license and other subsequent permissions will depend on this one.

    1. Select a Lawful Framework

    Select, based on ownership preferences/ operating needs a legal form of incorporation like the LLC or a branch office.

    1. Avail a Trade Name

    Obtained a unique business name from the Department of Economic Development (DED) Fujairah. The name has to conform to UAE naming rules and regulations.

    1. Get the First Approval

    Besides these following points, you need to follow the guidelines of the local legislation before going to apply for the DED first certification for your business activity.

    1. Draft Legal Documents

    Prepare either a Local Service Agent Agreement for civil businesses or the Memorandum of Association (MOA) for LLCs.

    1. Steps to Take in Order to Safeguard Your Company’s Resources

    Office space in Fujairah Mainland can, therefore be bought or rented. It must be appropriate depending on the kind of business that one intends to put in that space.

    1. Submit your TH ticket with the license application

    Deliver to the DED the trade license application form together with the appropriate accompanying documents.

    1. File an account with the Labor and Immigration Authorities

    Both GDRFA and MOHRE must be joined immediately after obtaining trade license to recruit employees and applying for visas.

    1. Times Change Business Solutions and Organization: Open business current account

    When opening a corporate account, choose a bank in the United Arab Emirates. For the purpose of trading, shareholders will be required to present some of the following documents, including the MOA and the trading license.

  • The procedure of processing the company setup would range from 2 to 4 weeks.
  • Support Services Offered in Fujairah

    FAR Consulting Middle East helps in fast track business setup in Fujairah. If you are planning to start your business in Fujairah. It is advisable to consult our business setup professionals to help you with legal and accounting formalities.

    Our services include:

    We provide assistance in finding a local sponsor

    We can aid you with visa and licensing requirements

    Coordination with uae government departments

    We can also assist you in choosing right type of company

    Help you determine the location best suited for your company

    Guidance in preparing a strategic place for your business

  • Business Setup Cost in Fujairah

    Below is the estimated business setup cost with our own assessment of the fees. You can contact us for further information regarding this table of estimation.

    UAE Mainland Estimated Official Cost for Study Case/New Business Setup
    Fees/Cost/Receiver Narration Cycle Cost (AED) Payment Comments
    Trade Name Reservation Govt. Agency One time 610 100% Adv. View
    Initial Approval for Your Business Govt. Agency One time 110 100% Adv.
    Local Citizen – Sponsorship Fee Your Business’ Local Sponsor Yearly 15,000 100% Later View
    MOA – Legal Translation Services Translation Services One time 1,280 100% Adv. View
    Notarization of MOA Govt. Agency One time 960 100% Adv. View
    Licensing & Certificate of Incorporation Fees (for specific business activity) Govt. Agency Yearly 7,000 100% Adv. View
    File Opening – Immigration (Establishment Card) Govt. Agency One time 860 100% Adv.
    File Opening – Ministry of Labour (Establishment Card) Govt. Agency One time 2,053 100% Adv.
    E-Signature Card – Ministry of Labour Govt. Agency One time 1,000 100% Adv.
    Farhat Office & Co. Fees – Your Business Registration Consultant’s Professional Fees
    All of the Following Services are Included:
    » MOA drafting – Arabic/English
    » Power of attorney drafting – A/E
    » Side Agreement drafting – A/E
    Professional Fees/Farhat Office & Co. One time 15,000 100% Adv.
    TOTAL 43,873 View

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.