Business Setup in Fujairah Mainland
Fujairah Mainland is a global attraction for companies looking to establish a business in the UAE. It hosts several industries with a competitive advantage in the UAE, e.g., trading, gold, and textiles. Its GDP is growing successfully as the market flourishes with investments from all over the world.
Here’s what makes the Fujairah Mainland best for business:
- The Port of Fujairah is the world’s second-largest bunkering hub, handling over 12 million metric tons annually.
- The Emirate’s strategic East Coast location gives direct access to shipping lanes, cutting transportation time and costs.
- Unlike other emirates, Fujairah connects directly to the Indian Ocean, avoiding the Strait of Hormuz and ensuring uninterrupted maritime trade.
Investing in Fujairah Mainland is a smart business decision. The regulatory authority, Department of Economic Development (DED), is known for providing a suitable business environment for foreign and local companies.
Understanding the process for establishing a business and emirate laws is important before you initiate it, or it can cause you needless delays. This guide walks you through the systemized process of establishing a profitable business setup in Fujairah Mainland.
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Types of Business Licenses in Fujairah
- Commercial License
- Professional License
- Industrial License
- Tourism License
This license allows the holder to buy and sell goods. The activities under it include import, export, and re-export. A simple license has limitations on the number of products. If you are conducting business on a larger scale, you can get a general trading license to deal with a diverse range of products.
Key Benefits: Allows entry into a profitable business sector with thousands of eligible activities listed by the DED.
This license allows the holders to offer their professional services or opinions to their clients. Services could be related to activities such as accounting, management consultancy, media, and technical services.
Key Benefits: Lets industry experts have a profitable business model. Professional services in all sectors are always in demand.
This license allows activities such as logistics and manufacturing. It is suitable for businesses involved in production and industrial operations. It’s a popular type of business permit in the UAE.
Key Benefits: Provides access to industrial activities and incentives. You can import raw materials and design your products.
This license allows activities belonging to the tourism sector. The emirate has many tourist destinations and attractions that foreigners come to visit. Businesses in this sector are quite profitable and in demand, including tour planning agencies, hotels, and travel guide companies.
Key Benefits: Allows access to business sectors and ideas proven to be profitable and scalable.
Top Selling Fujairah Mainland
Promotions
Basic
STARTING FROM
AED 11,900.00
Save up to AED 1,785.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 17,900.00
Save up to AED 2,685.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 25,400.00
Save up to AED 3,810.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 23,900.00
Save up to AED 3,585.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 27,400.00
Save up to AED 4,110.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 25,900.00
Save up to AED 3,885.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 29,400.00
Save up to AED 4,410.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 31,400.00
Save up to AED 4,710.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 29,900.00
Save up to AED 4,485.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 33,400.00
Save up to AED 5,010.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 31,900.00
Save up to AED 4,785.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 35,400.00
Save up to AED 5,310.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 33,900.00
Save up to AED 5,085.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 37,400.00
Save up to AED 5,610.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 35,900.00
Save up to AED 5,385.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 39,400.00
Save up to AED 5,910.00
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 37,900.00
Save up to AED 5,685.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 41,400.00
Save up to AED 6,210.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 39,900.00
Save up to AED 5,985.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 43,400.00
Save up to AED 6,510.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Process and Timeline
- 1Should be 18 years old and above
- 2Should not have any criminal records
- 3The business should be legally permissible
- 4Should be an individual, corporate or mixed of both
Required Documents
- Passport copies of all owners
- Recent utility bill as address
- Trade name approval needed
- Initial activity clearance proof
- Notarized MOA with ownership
- Local Agent Agreement needed
- Signed lease for office space
- Bank letter for financial proof
- KYC form from shareholders
- Business plan if required
License Package Fees
Standard License – Zero Visa Package
Starts from
AED 11,900
Standard License – With Visa Package
Starts from
AED 17,900
Immigration Fees
Establishment Card – New
AED 2,000
Establishment Card – Renewal
AED 2,200
Visa Application Fees
Residence Visa – 3 years
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
Change Status
AED 1,600
Applicable if within the UAE application only.
Medical Test
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
Emirates ID – 3 years
AED 375
Company Registration
Trade Name Approval
1 business day
Shareholder’s Security Approval
5-7 business days
Trade License Issuance
3-4 business days
Establishment Card Application
1 business day
Establishment Card Issuance
5-7 business daysResidence Visa Application
Electronic Visa Application
5-7 business daysClient Arrival (if outside the UAE) | Change Status (if within the UAE)
Depends on the client | 2-3 business daysMedical Test
1 business dayMedical Test Result Release
Normal - 2 business days | VIP - within the dayEmirates ID Typing
1 business day
Obtaining Health Insurance
Depends on the client | Mandatory if applying in Dubai & Abu Dhabi
Visa Approval
5-7 business days
Emirates ID Biometrics & Photo Capturing
Approx. 15-20 business days from the date of Emirates ID typing
Emirates ID Issuance
5 business daysSteps to Start a Business Setup in Fujairah Mainland
Choose the set of activities your business will be involved in. Check the list of approved activities. This step determines the type of license you will have to acquire for company formation.
Legal structures offer different needs and different perks. Popular examples include LLC, sole proprietorship, and branch office. Select a structure that fits your business needs, ownership, and goals.
Reserve a unique trade name through the Department of Economic Development website or mobile app. The name must not be offensive to the norms of society.
Obtain initial approval from the Department of Economic Development. This approval serves as a no-objection certificate and paves the way for the rest of the process.
Prepare a Memorandum of Association (MOA) and other required documents for approval. Ensure the validity and correctness of each document.
Find a suitable office for your business operations. Finalize the lease agreement once you find a suitable pick. Popular options include executive offices, industrial facilities, and shared offices.
Depending on your commercial activity, additional approvals may be required from different departments or authorities to get started. Get those approvals if required.
Gather all the required documents and submit them along with the fee. Make sure that the submission is in time, or it can cause delays or fines.
Once your application is approved, you will receive your business license. Now, you can start your business operations in the market.
Start a commercial bank account to streamline the company’s financial processes and get the visas for shareholders and employees to start company operations.
Benefits of Starting a Fujairah Mainland Business
Low setup costs
Full repatriation
No currency limits
Strategic seaport
Easy UAE access
Diverse economy
Tax-free zones
Skilled workforce
Business-friendly laws
Fast registration
Service Highlights for Business Setup
Cost Structure
Establishing a company setup in Fujairah can cost you around 15,000 AED to 35,000 AED, depending on your visa requirements, activities, location, and several other factors. Contact IBG Consultancy for an exact quote.
Business Terms
Several terms and conditions by authorities have to be followed, including establishing a physical office, registration of approved activities, special approvals, and minimum one shareholder and one manager policy.
Regulatory Services
The Department of Economic Development is known for its streamlined and helpful regulatory services, including license updating, renewal, and company liquidation. It streamlines the business regulation.
Types of Business Entities in Fujairah
LLC
A Limited Liability Company requires 2–50 shareholders, offering limited liability for their share in capital. Foreign ownership is allowed without a local sponsor.
Perfect For: Foreign investors, startups, and small-to-medium enterprises.
Partnership Company
A partnership company allows ownership between two or more UAE nationals. They will be jointly liable based on their shares. This structure is not available for foreign investors.
Perfect For: UAE nationals looking to jointly invest in local businesses.
Sole Proprietorship
A sole proprietorship is owned by a single individual. Foreign owners require a UAE national as a local service agent to start a new company, but GCC and UAE citizens are exempt.
Perfect For: Professionals offering services like consultancy or freelance work.
Public/Private Shareholding
Under this structure, the share capital is divided into tradable shares. Liability is limited to share capital. Founding members sign the memorandum and articles of association.
Perfect For: Large-scale projects, companies planning IPOs, or seeking big investments.
Branch Companies
This structure allows local and foreign companies to open branches in Fujairah. These branches are an extension of the parent company and don’t require a different identity.
Perfect For: Companies looking to expand their business in the United Arab Emirates.
PJSC
A Private Joint Stock Company requires at least 51% ownership by UAE nationals. Liability is limited, and you can conduct various commercial and industrial activities.
Perfect For: Large-scale businesses and foreign investors in select industries.
Simplify Company Formation in Fujairah with IBG Consulting
IBG Consultancy provides business owners, entrepreneurs, and foreign investors with smooth company formation in the emirate of Fujairah. It offers customizable visa packages, a business consultant with years of experience in the industry, and personalized guidelines. Get in touch to start your business formation in Fujairah.
Frequently Asked Questions
What are the benefits of setting up a business in this emirate?
This emirate has a strategic location, competitive costs, and flexible business structures. Entrepreneurs can benefit from lower operational expenses compared to other emirates, as well as opportunities for growth in a diverse economy.
How does a free zone differ from other business areas?
Setting up in a free zone provides tax incentives, 100% ownership for non-UAE nationals, and streamlined procedures for permits. Unlike mainland companies, free zone entities may have restrictions on operating in the local UAE market directly.
Can a foreign company establish operations?
Yes, a foreign company can set up either a branch office or a new entity. Businesses can operate independently or through partnerships, depending on the chosen structure.
What is the process for obtaining a trade license?
The procedure involves selecting a business idea, reserving a name, securing approvals from relevant authorities, and submitting necessary documentation. A trade license is mandatory to operate legally.
How can one decide on the most suitable structure for business?
To choose the right setup, consider factors like ownership, liability, and operational goals. Options include sole proprietorships, partnerships, or establishing a free zone company for enhanced benefits.
What are the visa requirements for establishing a business in the UAE?
Entrepreneurs and their employees require a visa to reside and work legally. This process typically involves sponsorship by the business entity and approval from immigration authorities.
What role does Fujairah Municipality play in business operations?
The Municipality oversees compliance with zoning laws, infrastructure development, and other essential regulations that businesses must adhere to for smooth operations.
Are there special considerations for businesses operating in Dubai and Fujairah?
While Dubai is known for its bustling trade environment, Fujairah offers cost-effective solutions and a focus on industries like logistics and manufacturing. Choosing between the two depends on business priorities.
Can businesses operate both in the free zone and the wider UAE market?
Free zone entities may need additional permits or partnerships to operate beyond the Fujairah free zone. It is essential to understand these requirements when planning market entry.
How can businessmen ensure they select the right business idea?
To choose the right activity, research market trends and align your business with sectors experiencing growth. Consulting experts can provide insights to guide your decision.
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