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Mainland Business Setup in Fujairah

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Mainland Business Setup in Fujairah

Mainland Business Setup in Fujairah

Step by Step procedure for Mainland Business Setup in Fujairah
  • Step 1


Documents required for Fujairah Mainland Formation:

  • Passport copies of the shareholders
  • Proof of residence
  • Memorandum of Association & Articles of Association
  • Ban Business plan
  • Every shareholder and manager's information sheet
  • Schematic drawing for the business location reference letter
  • Schematic drawing for the business location
  • A proof of trade name reservation is required.

Step 2

Type of business setup in Fujairah Mainland:

  • Joint Ventures;
  • Limited Liability Companies;
  • Private Shareholding Companies;
  • Public Shareholding Companies;
  • Limited Partnerships;
  • General Partnership Companies

Step 3

Licenses Required in Fujairah Mainland:

  • Commercial License
  • Professional License
  • Industrial License

Commercial Business License:

In this type of License, 51 percent shares are in the hand of local and 49 percent will be owner, my foreign partner.

Professional Business License:

In this type of License 100 percent shares are held by the foreign partner and locals will act as service agents.

Industrial License:

Businesses that deal with manufacturing or any industrial activity.

Step 4

Procedure for Fujairah Mainland Business:

  • Firstly, it is important to find a Local Sponsor in Fujairah and all the approvals need to be obtained from the municipality.
  • Then it is important to determine the type of economic activity and legal form of the business.
  • After that, Submission of the application form to the company registration.
  • Submission of company name to the Fujairah Municipality.
  • Obtaining a trade license by submitting the company’s documents to the Municipality.
  • Then Companies Memorandum of Association (MOA) shall be notarized.
  • Then registration of trade name is required.
  • Then get initial approval and special approvals.
  • The Sign the lease agreement and MOA in public notary.
  • For location and inspection approval or municipality shall be obtained.
  • After that, the licensing requirements shall be fulfilled.
  • The trade license shall be issued by paying the license fees.
  • Getting approval from Name Board and for the employees from the Ministry of Labour.
  • Lastly getting a stamp on Visa from the Immigration Department.

Step 5

Advantages of Fujairah business setup:

  • Company set up in Fujairah has no currency restrictions.
  • It has no yearly auditing requirements.
  • 100 percent repatriation of capital is possible in Fujairah.
  • It also has the flexibility to rent offices anywhere.
  • Allow conducting business in Fujairah local market.
  • It requires zero capitals which is a great advantage.
  • It has 100 percent tax-free.
  • Fujairah's mainland has a simple set up process.
  • Business setup in Fujairah has no limits to get employment visas which is beneficial for the ex-pats.
  • It gives options for many types of business.