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World class infrastructure of the United Arab Emirates attracts the top foreign businesses. The role of the free zones in the economic development of the UAE is highly valuable. Fujairah Free Zone (FFZ) is among the free trade zones playing a part in the growth of the UAE.
FFZ is providing Emirati and expatriate investors with numerous business opportunities. Businesses setup in the Fujairah Free Zone have a big edge due to the ease of travel and logistics. The access of the companies or industries to the Fujairah International Airport and sea port is a crucial factor here.
Amenities in the Fujairah Free Zone make it one of the preferable economic zones for entrepreneurs to start their businesses. This strategy is working wonders to enable Fujairah to flourish so quickly. Also, its nearby Fujairah Creative City and Fujairah Oil Industry Zone (FOIZ) are imparting a huge difference.
Like all other free zones, the Fujairah Creative City (FCC) offers investors and businessmen advantages that they have always want. Demand of free zones has grown only because of the advantages that they have been able to provide businesses with. Let’s look at some of the advantages offered to every business setup by the FCC free zone.
The Fujairah Creative City has been developed with a plan in mind and that is why policies related to it are different when you compare them to policies of other free zones. Apart from the other licenses, Baby business license, freelancers’ license and commercial license are being offered for companies wanting to operate in this zone.
The first license type, the Baby business license is used by new and small businesses. These small businesses have low setup and operating costs. The second type of license is for freelancers who believe their freedom from a corporate environment is more important than anything. The Freelancer Plan allows you to offer your specialized services to any business or client that requires them.
The third type, commercial business license, has been discussed many a times and it is required by businesses which provide specialized professional services to their clients such as insurance.
These are some of the salient features for companies operating in the Fujairah free zone.
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