Steps to get business license in Fujairah Free Zone
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Determine Your Business Activity
Decide on your business's primary activity within the Fujairah Free Zone. Identifying your business activity is the first step towards obtaining your license, whether it's trading, manufacturing, consulting, or any other commercial activity. -
Prepare a Business Plan
Craft a basic business plan outlining your goals, target market, products or services, marketing strategy, and financial projections. -
Reserve a Company Name
Choose a name for your company that has not been used and does not violate naming regulations. -
Determine Your Number of Visas
Decide the number of visas you'll need for yourself and your employees, if applicable. Consider your current and future staffing requirements and choose the appropriate visa quota. -
Deposit Mandatory Capital
Deposit the required minimum capital into your company's bank account as specified by the Fujairah Free Zone Authority. This capital is a requirement for obtaining your business license and demonstrates your commitment to operating within the Free Zone. -
Get Shareholder Signatures
Obtain signatures from all shareholders on the necessary documents, including the Memorandum of Association (MOA) and Shareholders Agreement. Ensure that all shareholders agree with the terms and conditions outlined in these documents. -
Pay Fees and Register Your Business
Once all necessary documentation is prepared and capital is deposited, you’ll want to pay any fees. After payment, submit all documents to the Free Zone authority for registration and processing. Upon approval, you will receive your business license, officially authorizing you to conduct business operations within the Fujairah Free Zone.