Step-by-Step: Fujairah Mainland Company Setup for Icelandic Founders

Key takeaways

• Icelanders can own 100% of a Fujairah Mainland company with no local partner.
• Documents from Iceland may need attestation for professional activities and visas.
• The licence can be issued remotely; you travel for the medical test and Emirates ID.
• GoldenKey handles the file from name reservation to bank introduction.

Background

Step-by-Step: Fujairah Mainland Company Setup for Icelandic Founders mainland licences are released by the Fujairah Municipality and Department of Industry and Economy, which currently processes most standard files in around 4 working days. Government and semi-government tenders in Step-by-Step: Fujairah Mainland Company Setup for Icelandic Founders require a mainland licence and Chamber of Commerce membership, both of which GoldenKey arranges. As we tell every client, among the strengths of a Step-by-Step: Fujairah Mainland Company Setup for Icelandic Founders mainland licence are direct Indian Ocean port access and World-class bunkering hub, and that is why local service businesses gravitate here.

What to do, in order

1. 
   Step 1

   Activity and legal form

   As a rule, we pick the precise activity codes from the Fujairah Municipality and Department of Industry and Economy list and settle on the legal form — normally a LLC, or a sole establishment for individual professionals.

2. 
   Step 2

   Trade name and initial approval

   GoldenKey reserves your trade name and obtains initial approval from the Fujairah Municipality and Department of Industry and Economy, including any external approvals your activity needs. This is also the point at which we answer any question specific to the Fujairah Mainland setup process for Icelanders.

3. 
   Step 3

   Office, MOA and submission

   You sign the memorandum of association before the notary or online, we register your tenancy contract and submit the full file.

4. 
   Step 4

   Licence, Chamber and immigration

   With the licence in hand we register with the Chamber of Commerce and open the immigration and MOHRE files for your visas. This is also the point at which we answer any question specific to the Fujairah Mainland setup process for Icelanders.

Documents you will need

Keep these ready before you start:

• The notarised memorandum of association, which GoldenKey drafts for you
• Passport copies of all shareholders and the manager
• External approvals where the activity requires them, for example from the health authority, RERA or the municipality
• Passport photographs on a white background
• An attested degree for professional activities such as engineering or healthcare

Costs

Prices for the Fujairah Mainland setup process for Icelanders are drawn from GoldenKey's live price list and confirmed in writing before any payment. As we tell every client, government fees change from time to time; the figures on this page update automatically when they do.

Why the UAE

On the ground, there are no restrictions on repatriating profits or capital, so earnings from the Fujairah Mainland setup process for Icelanders can be moved to your home country or reinvested freely. The dirham has been pegged to the US dollar since 1997, which removes currency risk for the Fujairah Mainland setup process for Icelanders and makes international pricing simple.

How GoldenKey helps

GoldenKey builds its own CRM and client portal, so you can see the status of your Step-by-Step: Fujairah Mainland Company Setup for Icelandic Founders submission, download your paperwork and pay invoices from your phone. We will tell you plainly if Step-by-Step: Fujairah Mainland Company Setup for Icelandic Founders is not the right choice for your plan and point you to a better option, even when that option costs less.

Frequently asked questions