DB Network is Digital Media Partner of VirtuZone, official agent of the Fujairah Free Zone, with a particular focus on Italy & Switzerland, but also being able to assist entrepreneurs from all over the word interested in identifying the best options for any kind of business need.
Setting up a company in Fujairah and in other free zones within the United Arab Emirates (UAE) is a simple process, in addition to being fast and relatively inexpensive. But often, businesses set up a limited liability company that require only a minimum of two shareholders and a share capital of 150,000 AED.
Why setup a business with us? Here is a list of the main benefits:
- You don’t need to deposit the share capital
- You don’t need physical space
- You don’t need a resident visa, but in case you can ask up to 6 resident visas per company
- You don’t need to submit audit or any book keeping at the end of the year
Moreover, you have the usual advantages of a Free Zone Company: it provides 100% foreign ownership like you have in your home country with no taxes (100% tax exemption, besides import duties) and 100% repatriation of capital & profits. As a result, free zone companies have become a popular form of business registration in the UAE. Your choice of where to register will depend on your business objectives, of course. Five of the seven Emirates in the UAE (i.e., Dubai, Sharjah, Ajman, Ras Al Khaimah and Fujairah) have active free zones. All of the FTZs welcome foreign businesses.
Please contact us to find out more about this opportunity.