Calculate the exact government registration fees, visa quotas, banking options, and corporate tax substance rules for a Petroleum & Petrochemical Trading company in Fujairah Oil Industry Zone, Sharjah.
A Petroleum & Petrochemical Trading company in Fujairah Oil Industry Zone, Sharjah, costs from AED 21,000 in Year 1, covering government registration and license fees. Registration takes 5-10 working days and bank-account approval is 83%. It suits Specialised oil industry zone in Fujairah.
| Jurisdiction | Baseline Gov Fee | Processing Speed | Banking | Suited For |
|---|---|---|---|---|
| AED 21,000 | 5-10 days | Moderate | Specialised oil industry zone in Fujairah | |
KIZAD - Khalifa Industrial Zone Abu DhabiSourced from public records | AED 9,450 | 3-7 days | Moderate | Industrial and manufacturing hub, port access, large-scale operations |
Hamriyah Free ZoneSourced from public records | AED 12,000 | 2-4 days | Moderate | Industrial and trading, deep-water port access, heavy industries |
Fujairah Free ZoneSourced from public records | AED 21,500 | 2-4 days | Moderate | Low-cost setup, port access, industrial and trading activities |
JAFZA - Jebel Ali Free Zone AuthoritySourced from public records | AED 40,211 | 3-5 days | Easy | Largest free zone, logistics hub, port access, trading and industrial activities |
DMCC - Dubai Multi Commodities CentreSourced from public records | AED 49,004 | 3-5 days | Easy | Premium Dubai address, commodities trading, highest international recognition |
Specialised oil industry zone in Fujairah
Petroleum extraction and refining are not qualifying free zone activities and are subject to the standard 9% corporate tax rate, plus potential additional levies under UAE petroleum legislation. Petroleum products supplied domestically attract 5% VAT.
Competitive. Warehouses and offices are 30-50% cheaper than Dubai, with warehouse rates starting from AED 25-40 per sq ft.
Tri-port access. Direct links to Sharjah International Airport (air cargo hub) and marine ports on both the Arabian Gulf and Gulf of Oman.
Large industrial and manufacturing workforce, with easy access to commuting professional talent from Dubai.
Expansion of oil storage capacity beyond 70 million barrels with new tank farm developments
Sustainable Aviation Fuel (SAF) production facility announced in partnership with global energy firms
Fujairah government offering enhanced incentives for green energy and hydrogen projects
Port of Fujairah ranked as world's 2nd largest bunkering hub, driving zone growth
Company setup in Fujairah Oil Industry Zone starts from AED 21,000 per year.
Fujairah Oil Industry Zone processes company registrations in 5-10 working days.
Bank account approval probability is 83%. Banking difficulty is rated Moderate.
Most UAE free zones including Fujairah Oil Industry Zone allow remote company incorporation. Bank account opening may require an in-person visit.
Fujairah Oil Industry Zone does not require paid-up share capital for most standard license types. Share capital is notional.
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