Fujairah is the fifth largest Emirate in the UAE, covering about 1.5 percent of the country's land area. Previously, the Emirate of Fujairah was a part of the Sharjah Principality, which was a sovereign state. However, it has been recognized as a separate administrative unit since the 1950s of the previous century. Fujairah is unique in that it is the only Arab principality located on the Indian Ocean's coast. Since the last decade, the Emirate of Fujairah has been rapidly developing, attracting foreign investment into the national economy. The Fujairah free trade zone was established to make it easier for international businesses to operate on the Emirate's land. Businesspeople and investors from all over the world are expressing an interest in establishing a company in Fujairah today.
ADVANTAGES
Strategic location
A global business focal point
Gateway for other vast business nations
The modern, efficient, and sophisticated communication system
State policies permit full repatriation of capital and profits
Stable currency
Opportunity for investment in the tourism sector
Fujairah has liberal economic policies and a recognized legal framework
Staffing and recruitment procedures in Fujairah are straightforward.
At a relatively low cost, the emirate has advanced infrastructure and efficient communication facilities.
Fujairah encourages sponsorship and visas for a skilled and affordable workforce.
Fujairah's free zones allow for 100 percent foreign ownership, duty-free imports and exports, and full capital and profit repatriation.
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