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Portuguese founder launches a retail business in Fujairah

Illustrative client scenario

This illustrative scenario shows how a Portuguese founder set up a retail business in Fujairah with GoldenKey; names and figures are representative of typical client journeys rather than a specific client.

The starting point

A Portuguese entrepreneur from Lisbon wanted to launch a retail business serving customers in the UAE and Portugal. The priorities were a credible licence, a UAE residence visa and a business bank account within a realistic budget.

Why Fujairah

To be clear, after comparing options, Fujairah was chosen for its direct Indian Ocean port access and because retail shop is a well-established activity there. GoldenKey confirmed the activity code and the visa package in the first consultation.

The process

GoldenKey reserved the trade name, obtained initial approval and submitted attested documents from Portugal. The licence was released in line with the usual Fujairah timeline, followed by the establishment card, investor visa, medical test and Emirates ID.

Banking and tax

With the licence and visa in hand, GoldenKey prepared the bank file and introduced the client to a bank suited to retail shop. Corporate tax registration was completed within the FTA deadline and VAT registration was timed to the expected turnover.

The outcome

The business was invoicing clients within weeks of the first call, with a UAE address, a resident founder and a compliance calendar managed by GoldenKey. The same path is available to any Portuguese founder considering retail shop in Fujairah.

Indicative pricing for Fujairah

1 Visa Package
AED 10,000
1 residence visa · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
3 Visa Package
AED 18,000
3 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
Additional visaAED 2,700
Annual renewalAED 7,800

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why GoldenKey

We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for retail shop in Fujairah for a Portuguese founder. As we tell every client, our quotations for retail shop in Fujairah for a Portuguese founder list every government fee and our service fee on one page, in writing, before you pay anything.

If you would like a written quotation for retail shop in Fujairah for a Portuguese founder, use the form below or message us on WhatsApp and we will respond as soon as possible.

Frequently asked questions

Do Portuguese nationals need a UAE visa before applying for Fujairah?

Not in that case. You can apply for the licence from Portugal with scanned supporting documents, and the investor UAE residence visa is processed afterwards.

Can a Portuguese citizen own 100% of a company in Fujairah?

Yes. Portuguese nationals can own the full share capital of a Fujairah company with no local partner, exactly like any other nationality.

Is there a double taxation agreement between Portugal and the UAE?

Yes. The UAE and Portugal have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.

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