Fujairah Free Zone (FFZ) has been established in the emirate Fujairah. Fujairah, the hitherto unknown region, is located on the eastern coast of the UAE. Dating back to before Christ, it is spread across 1450 sq.km. and has a distinctive landscape of Mountains, Plains, Sea Coast and Desert.
It has all the modern facilities and conveniences, and is linked by modern highways to all major cities in the United Arab Emirates. Fujairah is a mere 90 minutes drive time from Sharjah, under two hours from Dubai, and just three and a half hours from Abu Dhabi.
FFZ has many companies operating from their exciting business environment. There are from very diverse verticals like commercial, contracting, general trading, manufacturing, logistics, assembly, distribution, investments and servicing.
UAE's national telecommunications company, Etisalat, provides state-of-the-art services at highly competitive rates. The services include telephone lines, mobile phones, facsimile, telex, general paging and internet. The services are very efficient with high availability providing global connectivity.
The sea port of Fujairah is adjacent to the Free Zone to help investors derive maximum benefit. The port offers excellent cargo handling facilities and connectivity to all the major ports of the region. The port can also handle bulk dry cargos, Ro/Ro cargo, livestock and general cargo in addition to regular containers.
Fujairah International Airport is connected by many popular airline operators as well as several cargo carriers and operators. This is the only airport on the east coast , it is equipped with modern aviation and air cargo handling facilities and technology. It is located close to the air port and has common customs facilities which help speedy transit and inspections.
Initial approval will be granted on reviewing the application form and relevant documents, submitted by the investors. Transit visas can be arranged for the investors to visit the site upon request.
The license will be issued within a maximum a of 48 hours upon final agreement on the terms and conditions of the contract and the fulfilling of the first year's financial commitments which include premises rent, licensing fees and Fujairah Chamber of Commerce registration.
Upon the issuance of license, investors leasing Trading Offices or pre-built units can take over the premises with immediate effect. However, investors signing contracts for constructing a customized building can also utilize Free Zone facilities to prepare their manufacturing units during the construction period.
All types of Quality Business are considered, subject to Fujairah Free Zone Authority's approval. Except for liquor and cigarettes, the maximum Custom's duties of 4% are applicable on all commodities. There is no minimum capital required, except when registering for FZE and FZC, where the minimum paid-up capital should be Dhs 150,000.
There is no restriction of labor employment and investors can bring in skills labor from any where, through appropriate immigration and visa processing. Import and export of goods is permitted based on the license granted.
Fujairah has emerged as a very favorable investment destination, since its inception.