Fujairah Free Zone Company Setup Cost ᐅ Make the right choice!

ᐅ What is the estimated cost of setting up a company in Fujairah Free Zone?
Setting up a company in Fujairah Free Zone can generally cost between AED 15,000 to AED 30,000. This cost can vary based on the type of business, the license required, and additional services such as office space rental and visa costs. At Cassius Law, we can help you navigate these costs effectively.

ᐅ Are there any additional fees involved in establishing a company in Fujairah Creative City Free Zone?
Yes, in addition to the initial setup costs, you may encounter additional fees such as renewal fees, administration charges, and costs associated with hiring employees. It is essential to consider these in your budget for a comprehensive understanding. Our team at Cassius Law can assist you in outlining all potential fees involved.

ᐅ What types of business licenses are available in the Fujairah Free Zone?
Various licenses are available in Fujairah Free Zone, including trade licenses, industrial licenses, and service licenses. The type of license you need will depend on your business activities. We can provide guidance on selecting the most suitable license for your needs.

ᐅ How long does it take to register a company in Fujairah Free Zone?
The registration process for a company in Fujairah Free Zone typically takes between 3 to 7 business days, provided all necessary documents are submitted correctly. With our assistance at Cassius Law, we can streamline the process for you, minimizing delays.

ᐅ Is it necessary to have an office in the Fujairah Creative City Free Zone?
Yes, to operate within the Fujairah Creative City Free Zone, having a physical office space is usually required. This can either be in the form of a shared office, a virtual office, or a dedicated office. We at Cassius Law can guide you in selecting the best office solution tailored to your business requirements.

ᐅ What are the advantages of setting up a business in Fujairah Free Zone?
Establishing a business in Fujairah Free Zone offers several benefits, including 100% foreign ownership, no corporate taxes, and easy repatriation of profits. Furthermore, the strategic location of Fujairah provides access to key shipping routes and markets. Our team will help you leverage these advantages effectively.

ᐅ Can foreign investors fully own a company in Fujairah Free Zone?
Yes, foreign investors can fully own their companies in the Fujairah Free Zone, which is a significant attraction for many business owners looking to invest in the UAE. At Cassius Law, we can assist in navigating the regulatory landscape to ensure compliance and facilitate full ownership.

ᐅ What documents are required to set up a company in Fujairah Free Zone?
The key documents typically required for company registration in Fujairah Free Zone include a valid passport copy, a proposed business name, a lease agreement for office space, and a business plan. We will ensure that you have all the necessary documentation in order to expedite the setup process.

ᐅ Are there any restrictions on business activities in Fujairah Free Zone?
Yes, there are certain restrictions on business activities in Fujairah Free Zone, primarily concerning sectors that may require special licenses or permits, such as banking or insurance-related businesses. It’s vital to verify the suitability of your business activity, and we can support you in ensuring compliance with the regulations.

ᐅ What support services are available for new businesses in Fujairah Free Zone?
Fujairah Free Zone offers various support services, including business incubation, networking opportunities, and access to funding resources. We at Cassius Law can help connect you with these services to facilitate your business growth.

ᐅ Can I sponsor employees while operating from the Fujairah Free Zone?
Yes, you can sponsor employees when operating a business in the Fujairah Free Zone. Each setup typically allows for a specific number of visa applications, depending on the size of your business. Our team can assist you with the sponsorship process, ensuring you comply with all local requirements.

ᐅ What is the process for renewing my business license in Fujairah Free Zone?
To renew your business license in Fujairah Free Zone, you will usually need to submit an application along with necessary documents and pay the renewal fee. It’s wise to initiate the renewal process at least a month prior to the expiry of your current license to avoid penalties. We can help manage this process for you seamlessly.

ᐅ Are there any specific tax benefits for companies in Fujairah Free Zone?
Companies operating in Fujairah Free Zone benefit from zero corporate tax for a certain period, which can often be extended. Additionally, there are no personal income taxes, making it an attractive option for many entrepreneurs. Our experienced team at Cassius Law can provide you with detailed insights into these benefits.

ᐅ Is it essential to hire a local agent when setting up a business in Fujairah Free Zone?
While it is not mandatory to hire a local agent for setting up a business in Fujairah Free Zone, having legal and regulatory support from a local expert can greatly simplify the process and help ensure compliance with local laws. Cassius Law can be your trusted partner in navigating these complexities.

ᐅ How can Cassius Law assist with my Fujairah Free Zone company setup?
At Cassius Law, we specialize in various aspects of business setup, including licensing, labor law, business law, and immigration. Our experienced team is dedicated to ensuring your company setup process is efficient and compliant with all regulatory requirements. We invite you to reach out to us for personalized guidance and support tailored to your specific needs.

We encourage potential clients to contact Cassius Law to explore how we can assist you in establishing your business in the Fujairah Free Zone effectively. Our expertise is at your service, ensuring that your business journey is smooth and successful.