Fujairah Oil Industry Zone (FOIZ) — Quick Facts 2026
Compare Fujairah Oil Industry Zone (FOIZ) setup cost, visa options, activities, renewal fees, banking difficulty, hidden costs and best alternatives in UAE.
| Starting Cost | AED 15,000 to AED 40,000+ public licence/setup references; licence type and infrastructure scope differ |
| Price Confidence | Conflicting public sources |
| Source Type | Multiple public consultant sources; official authority investment context; tailored FOIZ quote required |
| Last Reviewed | July 2026 |
| Emirate | Fujairah |
| Best For | Oil, Gas & Energy |
| Visa Options | Workforce and immigration requirements depend on the licensed energy operator and facility |
| Setup Time | Package and activity dependent |
| Key Activities | See full activity list |
Final pricing may vary by activity, visa count, office requirement, shareholder structure and authority updates. See our pricing methodology.
About This Page
Written by: UAE Freezone Compare Editorial Team | Last reviewed: August 2026 | Data sources: Pricing Methodology
Pricing uses available authority material, public package data and internally reviewed evidence; quote-based rows require current confirmation. Referral relationships may support quote fulfilment, but they do not control editorial rankings. Read our partner disclosure.
Fujairah Oil Industry Zone (FOIZ) may be relevant when the best-fit profile is: Founders who want a UAE free zone setup that matches their activity, visa and office needs. Starting cost is shown as AED 15,000 to AED 40,000+ public licence/setup references; licence type and infrastructure scope differ with price status: Conflicting public sources; current itemised FOIZ quote required. Visa options: Workforce and immigration requirements depend on the licensed energy operator and facility. Office requirement: Office or flexi-desk requirements depend on package type, activity and visa allocation. Verify the current requirement before choosing a package. Final activity wording, renewal exposure, government fees, banking readiness and any visa or office add-ons should be confirmed before payment.
Quick verdict: Shortlist Fujairah Oil Industry Zone (FOIZ) only after the named package, renewal, visa, office and banking checks match your activity, shareholder profile and budget. Request a current written quote before payment because authority packages, government fees and add-ons can change.
| Emirate | Fujairah |
|---|---|
| Starting cost | AED 15,000 to AED 40,000+ public licence/setup references; licence type and infrastructure scope differ |
| Price status | Conflicting public sources; current itemised FOIZ quote required |
| Visa options | Workforce and immigration requirements depend on the licensed energy operator and facility |
| Best for | Founders who want a UAE free zone setup that matches their activity, visa and office needs. |
| Banking access | Medium - depends on activity, documents and bank profile |
| Setup time | Package and activity dependent |
| Office requirement | Office or flexi-desk requirements depend on package type, activity and visa allocation. Verify the current requirement before choosing a package. |
| Last reviewed | Not officially verified |
| Content reviewed | July 2026 |
| Price evidence reviewed | Not officially verified |
| CTA | Request current verified quote |
Choose Fujairah Oil Industry Zone (FOIZ) if:
Starting price
This is a planning figure, not a guaranteed final government or authority fee. Request the current breakdown before choosing a package. UAE Freezone Compare does not charge you a service fee for quote support.
| Cost item | Estimated amount | Included? | Notes | Confidence |
|---|---|---|---|---|
| License fee | AED 15,000 to AED 40,000+ public licence/setup references; licence type and infrastructure scope differ | Package dependent | Confirm activity and package scope before payment. | Conflicting public sources; current itemised FOIZ quote required |
| Registration fee | Indicative or bundled | Varies | May be bundled into year-one setup offers. | Quote-based |
| Establishment card | Indicative | Often separate | Required for most visa processing routes. | Quote-based |
| Flexi desk / office | Package dependent | Varies | Office allocation can affect visa options and renewals. | Needs confirmation |
| Investor or employee visa | Current quote required | Usually separate | Medical, Emirates ID, insurance and status change may apply. Confirm the current visa route and authority/government components before payment. | Quote-based |
| Renewal fee | Current renewal quote required | No | Do not assume renewal equals the first-year license fee unless the authority or supporting evidence confirms it. | Quote-based |
Medium - depends on activity, documents and bank profile. Banks usually review the business activity, shareholder profile, contracts, invoices, website, source of funds and expected transaction flow.
Investor and employee visa availability depends on the license package, office allocation and free zone quota. Calculate medical, Emirates ID, status change and insurance costs before comparing zones.
License processing and visa steps depend on the selected package, activity approval, document readiness, facility route, immigration checks and the relevant authority or bank review. Confirm current timing before relying on any setup plan.
IFZA, RAKEZ, SHAMS, SPC Free Zone, and Meydan Free Zone are common alternatives to benchmark.
| Is the listed price final? | No. Figures are indicative and may change based on business activity, visa count, office requirement, shareholder structure, authority approval, and free zone updates. Request the current verified quote before committing. |
|---|---|
| Can Fujairah Oil Industry Zone (FOIZ) support my activity? | Activity eligibility depends on the authority activity list and approval process. Check the exact activity name before paying setup fees. |
| Will a bank account be easy? | Banking depends on activity risk, documents, shareholder profile, contracts, invoices and expected transactions. No free zone can guarantee approval. |
Use this profile as a planning guide, not a final invoice. Confirm the current package, activity wording, visas, office or flexi-desk requirement and renewal amount before payment.
| Free Zone | Package | Year 1 Cost | Renewal Cost | 3-Year Total | Visa Option | Office / Flexi Requirement | Year 1 Confidence | Source Type | Conflict Status | Last Reviewed |
|---|---|---|---|---|---|---|---|---|---|---|
| Fujairah Oil Industry Zone (FOIZ) | Public oil/energy licence references; terminal, land and facility configuration separate | AED 21,000 (virtual office, 0 visas); AED 40,840 (small warehouse, 1 visa); AED 50,680 (standard warehouse, 2 visas); AED 60,520 (large warehouse, 3+ visas). Licence fee is AED 15,000 across all packages. Confidence: Conflicting public sources |
Quote-based renewal - confirm regulatory, licence and facility obligations Confidence: Needs confirmation |
Quote-based 3-year total - depends on the approved energy-infrastructure configuration Confidence: Needs confirmation |
Workforce and immigration requirements depend on the licensed operator and facility | Land, terminal, storage or specialist facility is central to the operating configuration | Conflicting public sources | Multiple public consultant sources; official authority investment context; tailored FOIZ quote required | Conflicting public sources - confirm current package | July 2026 |
| What is included | Independent public sources place FOIZ licence or basic setup references between AED 15,000 and AED 40,000+ depending on service, trading, industrial or energy activity. The official authority confirms the specialist investment route and directs applicants to business development. |
|---|---|
| What is not included | The sources do not describe one identical package. Land or terminal lease, storage, utilities, HSE and environmental compliance, approvals, workforce, insurance and advisory costs remain separate. |
| Hidden-cost risk | FOIZ is a specialist energy jurisdiction, not a low-cost general company package. Public references mix licence types and facility assumptions, so request an itemised quote before payment. |
| Banking difficulty | Depends on activity, ownership, documents and transaction profile |
| Best fit | Specialist businesses that match the authority activity and facility requirements. |
Source evidence: Review source | Methodology | Corrections.
Prices can change based on free zone authority updates, activity selection, visa count, office or flexi-desk requirement, shareholder structure, establishment card, immigration file, medical test, Emirates ID, insurance, banking support and consultant service fees. Last reviewed July 2026. Always request a current quote before payment. View methodology or compare all rows in the UAE Free Zone Cost Index.
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