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- RAS AL KHAIMAH FREE ZONE...
Fujairah Free Zone
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Sharjah Airport International Free Zone

Frequently Asked Questions (FAQs)

Question

What types of business enterprises are allowed in Fujairah Free Zone?

Answer

All types of quality & environmentally safe business are considered, subject to FFZA approval.

Question

What are the Customs Duties?

Answer

Free Zone businesses are not liable to pay any Duty. For U.A.E. importers a standard import Duty rate of 5% is applicable on all products, excepting some notified items e.g., Tobacco (rate is 100%), & Liquor (rate is 50%).

Question

Are there any minimum capital requirements for establishing business?

Answer

Only when registering for FZE & FZC, the minimum paid-up capital should be Dhs 150,00.

Question

Will the Government of FFZA provide financial assistance for the projects?

Answer

Financing is possible only from private sources.

Question

What goods can be imported or exported?

Answer

As per the approved categories, as detailed in the License.

Question

What is the start up procedure?

Answer

Step 1.
Investors submit their requirements by filling in the Application Form, along with documents. Preliminary approval is granted if everything is found in order. Transit Visa is arranged, on request, for the investor to visit the site, and finalise the Terms and Conditions of the Contract.

Step 2.
Investors are to register as a Branch Operation or a Free Zone Entity/Company.

Step 3.
Licenses are issued within, one working day, upon final agreement on the Terms and Conditions of the Contract and, fulfillment of first year's financial commitments.

Step 4.
Investors take possession of the premises, to commence business. FFZA shall arrange for facilities (Telecommunication etc), and help arrange necessary documents for opening of bank account & registration with Chamber of Commerce.

Step 5.
Investor or the authorized representative must exit U.A.E. to return on new Entry Permit for Residence Visa.

Step 6.
FFZA starts process for endorsing of Residence Visa, issuance of Health Card etc.


Related Links
Introduction
Chairman Message
Director General Message
Licensing Incentives
Facilities
Customs Requirements
Fujairah Port
Fujairah Airport
FAQs
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