Mainland Company Formation Fujairah
Fujairah is the only Emirati capital city that is located on the east coast of the UAE. It is located on the Gulf of Oman, which is part of the Indian Ocean. Since Fujairah has direct access to the Indian Ocean, businesses located here are connected to the ports in India, Pakistan, Iran, and all other ports in the Arabian Gulf and the Red Sea. Fujairah also has an airport that enables it to be connected with the Far East, Northern Europe, North America, etc. Thanks to both the seaport and airport, businesses located in Fujairah are connected to the whole world.
Mainland company formation in Fujairah has a lot of benefits. The local industries in Fujairah consist of stone crushing, mining, and cement manufacturing. That is why Fujairah is the backbone of construction activities in the UAE. If you are a civil engineer or want to start a construction company, then Fujairah is the destination for you. If you are looking for construction consultants in the UAE, you will find many experienced experts in Fujairah.
Business in Fujairah
For a mainland company formation in Fujairah, you need a general trade license. This is a mandatory requirement for everyone looking to start their business in the city. You need approvals from various government bodies and agencies for the license. The approvals you will require will depend on the business activities you mean to pursue. Otherwise, the process of registering a business in Fujairah is straightforward. This pared with a favorable business environment is what makes Fujairah so attractive to entrepreneurs.
Advantages of Fujairah Mainland Business Setup
You need to select a trading name for your business that is not already registered in the UAE. It can be in use in other places in the world but as long as it is not used in the UAE, you can select it. You need to get the name approved by the Fujairah municipality.
You need special approvals from other agencies and government bodies depending on the business activities you mean to perform. That is why you need to decide on the business activities you mean to perform and check if those activities are allowed in Fujairah mainland.
After you have decided on your name and business activities, you need to get the external approvals before you can apply for the general trade license. After you have received all the required approvals you can proceed with the trade license application to the Fujairah municipality.
You need to select an office location for your business. Even if you do not want to spend your capital on a physical location, there is a solution. You can get a business address if you rent a virtual office from a business center in Fujairah. However, to start a business here, you must have any one form of office space they provide here.
Foreigners need to get an initial approval before proceeding any further. The initial approval is provided by the Fujairah municipality. It will allow you to proceed with the legal requirements for obtaining a general trade license. This is required to get the approvals necessary to conduct the business activities you mean to pursue in the UAE.
These are the documents required for obtaining the general trade license for your business in Fujairah:
- The proof of trademark or trade name reservation in the UAE.
- The filled-up license application form is signed by legal representatives or managers of the company.
- The proof of approval of the initial application that is signed by the required parties.
- Documents containing the required personal information of each manager and shareholders of the company.
After you have submitted the required documents and paid the requisite fees for the general trade license, the authorities will take a few business days to approve the application. It is suggested to take help from experienced consultants before undertaking this process because any error in the application will complicate the process.
The experienced company setup consultants are always ready to help you regarding your business formation in the UAE. If you are looking for advice for company formation in Fujairah Mainland, do not hesitate to contact our professional consultants.