GoldenKey
Dedicated oil storage & trading zone. 100% foreign ownership, oil industry / trading and more licence types, UAE residence visas and bank account assistance — handled end-to-end by GoldenKey from Ajman Free Zone.
Fujairah Oil Industry Zone is dedicated oil storage & trading zone, positioned in Fujairah with a licensing framework built around oil storage terminals, petroleum trading and bunkering support. FOIZ concentrates Fujairah's tank farms — millions of cubic metres of oil storage capacity.
Like every UAE free zone, FOIZ offers 100% foreign ownership, full repatriation of capital and profits, and 0% personal income tax. Qualifying free zone income can benefit from the 0% corporate tax rate under the UAE Corporate Tax regime, while non-qualifying income above AED 375,000 is taxed at 9% — GoldenKey's tax team structures this correctly from day one.
GoldenKey maps your real business model onto FOIZ's official activity list, prepares the MOA and application forms, obtains approvals, and delivers a licence that banks, landlords and clients accept without question — with a fixed written quote before any commitment.
FOIZ issues the following licence categories. One licence can typically carry multiple related activities — we help you select codes that keep banks and future clients comfortable.
Licensing, approvals and structuring for oil storage terminals operations in FOIZ — scoped and quoted by a dedicated GoldenKey consultant.
Licensing, approvals and structuring for petroleum trading operations in FOIZ — scoped and quoted by a dedicated GoldenKey consultant.
Licensing, approvals and structuring for bunkering support operations in FOIZ — scoped and quoted by a dedicated GoldenKey consultant.
Licensing, approvals and structuring for petrochemical logistics operations in FOIZ — scoped and quoted by a dedicated GoldenKey consultant.
Licensing, approvals and structuring for blending operations operations in FOIZ — scoped and quoted by a dedicated GoldenKey consultant.
Licensing, approvals and structuring for energy services operations in FOIZ — scoped and quoted by a dedicated GoldenKey consultant.
We understand your model and compare FOIZ with alternatives.
Fixed written quotation — activities, visas and facility locked.
MOA, forms, approvals and government submissions handled.
Licence issued; visas, Emirates ID and bank introduction begin.
Renewal calendar, compliance reminders and WhatsApp-first updates.
Prepare these and GoldenKey handles the rest for a smooth, fast-track FOIZ setup.
Verify FOIZ details directly with the authority and UAE federal bodies — then let us do the paperwork.
Licence packages in Fujairah Oil Industry Zone vary with the activity, visa quota and facility you choose. As your consultant, GoldenKey prepares a fixed written quotation with every government fee itemised — the number never changes mid-process, and instalments via Tabby and Tamara are accepted.
Yes. Like all UAE free zones, Fujairah Oil Industry Zone allows 100% foreign ownership with full repatriation of capital and profits — no local sponsor or Emirati partner is required.
With a complete document pack, most FOIZ incorporations complete within 2–7 working days. GoldenKey pre-validates your file before submission to protect that timeline.
Yes — packages include investor and employee visa eligibility depending on the facility you take. We handle entry permits, medicals, Emirates ID and stamping end-to-end.
FOIZ is particularly strong for oil storage terminals companies thanks to its ecosystem, licensing scope and infrastructure. Our advisors compare it against alternative zones so you commit with a full picture.
In most cases, yes — incorporation can proceed remotely with attested documents and digital signatures, and GoldenKey acts as your on-ground team. Some banking steps may later require a short visit.
All government fees included, free Corporate Tax registration, and instalments with Tabby or Tamara.
Our advisors reply within 15 minutes during working hours.
GoldenKey covers every step — start, run, grow — under one golden roof: