Trusted by thousands of business owners and entrepreneurs worldwide...!
Trusted by thousands of business owners and entrepreneurs worldwide...!
When compared to other emirates around the Arabian Gulf, the business setup in Fujairah has a significant advantage, it is positioned to the east of the United Arab Emirates. Its proximity to major UAE cities like Dubai, Sharjah, and Abu Dhabi make Fujairah a suitable location for businesses to establish a presence in the country.
A surge in cross-border investment from Gulf Cooperation Council (GCC) nations as well as other countries from across the world has boosted Fujairah's economy significantly during the last two decades.
Entrepreneurs in Fujairah have a variety of options for setting up a business and making their visions a reality.
Sole Proprietorship - A legitimate UAE residency permit is required for any of these types of ventures, including those in health care, legal services, engineering consultations, and computer consultations.
Limited Liability Company - An LLC may be created by a minimum of two and a maximum of fifty individuals whose liability is limited to its shares in the firm.
General Partnership Company - This corporate entity comprises two or more partners, jointly and independently liable for all the firm’s responsibilities.
Private Shareholding Company - A Private Shareholding Company is founded by numerous people, not fewer than three. It is unable to accept subscriptions from the general public, in contrast to a public shareholding firm.
Public Shareholding Company - A Public Joint Stock Company (PJSC), often known as a public shareholding business, is one in which the firm's capital is split into equal yet tradable shares.
Professional Company - A professional company in Fujairah practises a profession as its major purpose and that partners rely on their living on the intentional effort they exercise more than on profiting from the business of others.
Joint Venture – In a Joint Venture, two or more business partners agree by contract to split the losses and profits of one or more commercial companies.
Get permission from Fujairah Municipality for business setup in Fujairah.
If the company is of a unique type, it is necessary to get a licence from the relevant Ministry or Department.
Assemble the company's Memorandum of Association from the courts and get it notarized.
From banks and auditors for both kind and cash shares, the capital contribution certificates are acquired.
Applications and first permission should be submitted to the Municipality with a notarized copy of the MOA, tenancy agreement, capital certificate, etc.
It will be put into the Commercial Register and published in the Ministry of Economy Bulletin when the relevant department reviews it.
To assist entrepreneurs with their business setup in Fujairah, Global Biz Setup is the one-stop destination. Our business consultants in Fujairah take care of all the legal and regulatory requirements following UAE legislation. Your business goals are at the heart of our guidance as we build your firm.