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::
: Free Zones in the UAE |
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FUJAIRAH FREE
ZONE [FFZ] |
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The Zone Of Convenience
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General Information
Fujairah's
strategic & unique location, as the UAE's only
Emirate on East Coast, plays a key role in its
development. Under the leadership and vision of
Sheikh Hamed Bin Mohammed Al Sharqi, the Ruler of
Fujairah, the Emirates continues to grow.
An amazing amalgamation
of the traditional values of the East and modern
technologies of the West,
Fujairah
offers a standard of living comparable to that of
world's most developed nations. More than a quarter
million people of various nationalities, including
Emiratis, inhabit this Emirate of 1450 sq kms. |
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Communications:
The Port of Fujairah
is adjacent to the Free Zone to ensure investors
derive maximum benefit from
Fujairah's
strategic location. By using the shipping services
available, investors have access to all Arabian Gulf
ports, the Red Sea, Iran, India and Pakistan on
weekly feeder vessels. Mainline services arrive from
the UK, North Europe, Mediterranean, Far East and
North America on a weekly service, and offer sailing
twice weekly to the Far East and once a week to
North America. Modern facilities including 800
metres of deep water quay (12.5 m draught), 6
ship-to-shore gantry cranes and 11 rubber-tyred yard
cranes, keep the port poised to handle the region's
growth.
The port also handles
bulk dry cargos, Ro/Ro cargo, livestock and general
cargo in addition to regular containers.
Fujairah
International Airport
Fujairah
International Airport is a port of call for Gulf
Air, Indian Airlines, Egypt Air and CIS Airlines as
well as several cargo carriers and operators. As the
only airport serving the UAE East Coast as well as
Northern Oman, it is equipped with the latest and
the best modern aviation and air cargo handling
technology. Its proximity to
Fujairah
sea port and and its common customs facilities lead
to speedy hassle-free operations for Sea/Air cargo. |
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Facilities: |
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Trading Offices
Trading Offices fully
furnished can be leased for Import, Export and
Re-Export operations. Minimum area 35 sq.m., with
possible secretarial assistance.
Distribution
/ Warehousing
Units of different
sizes can be taken on lease for Import, Export and
Re-Export of different commodities as well as
general trading. Investors can operate by using
storage & packaging facilities in their warehouse to
become a distribution hub in the region at the most
lucrative prices.
Manufacturing
Investors can lease
pre-built units or/and request for construction of
units customised to their requirements with open
land for manufacturing purposes. |
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Business Club
A Business Club erected
on a 1000 sq.m. area specially meets the basic needs
of the Investors. It includes a Conference room,
Auditorium, Playroom and furnished Trading Offices
apart from offering them a restaurant where they can
relax and clinch business deal in a congenial
atmosphere. |
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Policies: |
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Customs Exemption
Free Zone clients can
benefit from the exemption of customs duties on
imports of all commodities and finished products for
the purpose of export and re-export outside the UAE.
Clients need not pay duties on factory machinery or
raw material used in production. Free Zone clients
may utilise any of the UAE ports and airports for
the movement of their goods in and out of the
country, while still benefiting from customs duty
exemptions.
Electricity and Water:
The
Ministry of Electricity and Water provides 3-phase
power for investors at the Free Zone at reasonable
rates. Water is provided by the Ministry from the
desalination plant.
Administrative
Service
The Authority is geared
with efficient staff to provide prompt assistance in
obtaining service from related Federal Ministries
with regard to driving license, registration of
cars, notarisation of legal documents, entry
permits, residence visas, transit and visit visas
for investors and employees. The Authority can
assist in providing recruitment services for
personnel at all levels.
Banks
To open an account in
any of the banks in the UAE, you will require to
submit the following:
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Introductory letter
by the Fujairah Free Zone Authority.
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Submission of a copy
of the Fujairah Free Zone license.
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A copy of the Chamber
of Commerce registration.
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Copy of Power of
Attorney of the Authorised Signatory.
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Copy of Establishment
of the Company.
Fujairah
Customs
The aim of the
department is to offer simple and efficient Customs
facilities to users of the Port of Fujairah, Dibba
Sea Port and Fujairah International Airport. With
the experience gained over the past 8 years,
procedures, moulded by customers' needs, have been
refined to provide uncomplicated services.
For all customs
requirements and documentation the normal office
hours are 7.30 am to 2.30 pm Staff on duty provide
coverage after office hours on services such as
Bills of Entry, trans-shipment, vessel clearance
certificate, crew change inspection, bonded
warehouse in/out traffic, ship handling services
etc.
Free Zone clients can
benefit from the exemption of custom duties on
imports of all commodities and finished products for
the purpose of export and re-export outside UAE
Clients need not pay duties on factory machinery or
raw material used in production. While imports to
UAE through Free Zone users will require to pay
custom duties of 4%. |
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The following
documentation is required by customs for (in &
out) clearing or exporting of goods:
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Import: |
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Duty completed
Fujairah Import Bill of Entry |
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Original
Supplier's Invoice |
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Certificate of
Origin |
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Packing list
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Delivery Order
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Copy of Trade
license |
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Israeli Boycott
Certificate |
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Additional
Documents |
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For Foodstuffs and
Agricultural Products, a Health Certificate is
required. In the absence of Original Documents,
copies may be lodged together with a small
deposit. |
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Export |
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All Cargo being
exported via
Fujairah
Sea and Air Ports has to be declared to the
Dept. of Customs,
Fujairah,
along with a Fujairah Bill of Entry supported
with a commercial invoice. |
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Re-Export |
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All cargo being
re-exported via
Fujairah
Sea and Air Ports should be supported with a
Fujairah Re-export Bill of Entry.
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In the case of
goods controlled by quotas, a copy of the
Certificate of Origin/Visa Stamp must be
attached |
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In the case of
vehicles, copies of Traffic Police Clearance
papers must be produced |
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Free Zone clients
may utitize any of the UAE ports and airports
for the movement of their goods in and out of
the country benefiting from customs duty
exemptions. |
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License |
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Investors
can obtain up to 100% ownership
operational license under the following
categories according to their lease
agreement with the authority:
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Trading & General
Trading License |
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Authorised
to import, export and re-export agreed and
specified commodities. The licence entitles the
investor to carry out import, export and
re-export freely in the Free Zone and outside
the UAE For focal distribution, the Authority
can arrange special permits with the relevant
Government departments for hassle- free
operations. |
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Warehousing License |
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Can be obtained on
leasing warehousing facilities. This licence
entitles the investor to use the warehouse as a
hub for major distribution, benefiting storage
and packaging of goods. |
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Manufacturing
License |
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Obtained on
approval and implementation of the project. All
projects must be fully insured including
manpower and machinery. All manufacturing
licence approvals are subject to the
identification of the following:
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Area
requirements - built-up and open space
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Electricity,
water and manpower requirements
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Environmental
aspects of the project |
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For further enquiries Click Here |
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Hot
properties in UAE Freehold |
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