General Trading License in Fujairah Oil Industry Zone (FOIZ)

Setting up a **General Trading** business in **Fujairah Oil Industry Zone (FOIZ)** provides full access to international banking and UAE tax advantages. This Fujairah jurisdiction supports 100% foreign ownership and customs duty exemptions under freezone regulations.

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✓ 10–20 days license turnaround✓ Flexi-Desk разрешен✓ 0% tax under QFZP

from 38,000 AED

Starting authority setup fee

10–20 days

License turnaround time

Up to 20

Resident visa quota (Flexi)

Setting up a General Trading business in Fujairah Oil Industry Zone (FOIZ) provides full access to international banking and UAE tax advantages. This Fujairah jurisdiction supports 100% foreign ownership and customs duty exemptions under freezone regulations.

1. Regulatory Requirements & Licensing Framework

Direct Freezone Licensing Track

This activity code does not require third-party government NOCs. The commercial license is issued directly by Fujairah Oil Industry Zone (FOIZ).

2. Jurisdiction Specifications

Criterion	Fujairah Oil Industry Zone (FOIZ)
Jurisdiction Type	FREEZONE
License Turnaround	10–20 working days
Physical Office	Ejari lease mandatory
Visa Allocation	Up to 20 visas
Annual Audit	Mandatory
Digital Bank Onboarding	Standard compliance review
Starting Base Tariff	from 38,000 AED

3. Setup Roadmap & Timeline

License Issuance

10–20 days

Document submission and digital license issuance. Timeline: 10–20 working days.

Establishment Card

2–3 days

Establishment Card registration via immigration portal to unlock visa allocations.

Medical & Emirates ID

4–6 days

VIP medical examination and biometric capture for Emirates ID residency card.

Corporate Bank Account

3–7 days

Corporate banking account activation via Digital Bank flow or Tier-1 bank.

4. Frequently Asked Questions

Is a physical office mandatory for a "General Trading" license in Fujairah Oil Industry Zone (FOIZ)? ▼

No. Businesses operating under "General Trading" in Fujairah Oil Industry Zone (FOIZ) can utilize virtual desks or flexi-desk arrangements without a dedicated physical office.

Can I open a digital corporate bank account for a "General Trading" license in Fujairah Oil Industry Zone (FOIZ)? ▼

Yes, but subject to standard KYC. Banking compliance may request business contracts, transaction evidence, and founder background for "General Trading" activities.

How many residence visas can be issued under a Fujairah Oil Industry Zone (FOIZ) license? ▼

Standard license tiers in Fujairah Oil Industry Zone (FOIZ) support from 0 up to 20 residence visas for shareholders and employees without requiring a physical office. Higher quotas are available with dedicated office space upgrades.

Do I need to travel to the UAE to set up a company in Fujairah Oil Industry Zone (FOIZ)? ▼

License registration and document preparation in Fujairah Oil Industry Zone (FOIZ) are fully remote - only a passport scan is required. A physical visit to the UAE is necessary for the residence visa stage: medical test and Emirates ID biometrics (4–6 working days).

Alternative Jurisdictions for General Trading

22 zones

IFZA Dubai

2–4 days · from 12,900 AED

Dubai Multi Commodities Centre (DMCC)

7–12 days · from 32,000 AED

Dubai Airport Freezone (DAFZA)

5–8 days · from 28,000 AED

Jebel Ali Free Zone (JAFZA)

7–14 days · from 29,500 AED

Dubai South (DWC)

3–6 days · from 13,900 AED

Gold and Diamond Park

7–12 days · from 25,000 AED

Dubai Auto Zone (DAZ / DUCAMZ)

7–12 days · from 22,000 AED

Khalifa Economic Zones Abu Dhabi (KEZAD)

4–7 days · from 9,450 AED

Sharjah Publishing City (SPC Free Zone)

1–2 days · from 5,750 AED

Sharjah Airport International Free Zone (SAIF Zone)

2–4 days · from 10,800 AED

Hamriyah Free Zone Authority (HFZA)

3–6 days · from 11,000 AED

Ras Al Khaimah Economic Zone (RAKEZ)

2–5 days · from 6,000 AED

Ajman Free Zone (AFZ)

2–4 days · from 5,555 AED

Umm Al Quwain Free Trade Zone (UAQ FTZ)

2–4 days · from 5,500 AED

Fujairah Free Zone Authority (FFZA)

4–7 days · from 12,000 AED

Dubai Mainland (DET)

1–3 days · from 18,500 AED

Abu Dhabi Mainland (ADDED)

2–4 days · from 16,000 AED

Sharjah Mainland (SEDD)

2–5 days · from 14,500 AED

Ras Al Khaimah Mainland (RAK DED)

2–4 days · from 13,000 AED

Ajman Mainland (Ajman DED)

2–4 days · from 12,500 AED

Umm Al Quwain Mainland (UAQ DED)

2–4 days · from 12,000 AED

Fujairah Mainland (Fujairah DED)

2–5 days · from 13,500 AED

Legal Disclaimer: All estimates are indicative and based on published jurisdiction tariff schedules. Final pricing is confirmed in service agreements. Bank account approvals remain at the sole discretion of respective bank compliance committees.