Fujairah Oil Industry Zone (FOIZ) is a specialized free zone catering to the oil, gas, and petrochemical industries. Strategically located near Fujairah Port — one of the world's top bunkering hubs — FOIZ provides businesses with unparalleled access to maritime fuel trading, oil storage, and energy sector operations.

About Fujairah Oil Industry Zone (FOIZ)

Oil, Gas & Energy

Fujairah Oil Industry Zone (FOIZ) is a specialized free zone catering to the oil, gas, and petrochemical industries. Strategically located near Fujairah Port — one of the world's top bunkering hubs — FOIZ provides businesses with unparalleled access to maritime fuel trading, oil storage, and energy sector operations.

Key Information

Zone NameFujairah Oil Industry Zone (FOIZ)
EmirateFujairah
Setup CostFrom AED 20,000
Visa QuotaFlexible
Min. CapitalNone
Setup Time3–5 business days

Costs & Fees

License Fee / Setup CostFrom AED 20,000
Minimum Share CapitalNone

Cost Notes

All costs shown are approximate and subject to change. Additional costs may include registration fees, notarisation, visa medical fees, and bank account opening fees. Always verify the exact costs with Fujairah Oil Industry Zone (FOIZ) directly before proceeding.

Permitted Business Activities

Contact Fujairah Oil Industry Zone (FOIZ) for a full list of permitted business activities. Most free zones permit trading, consultancy, and professional services.

The above activities are indicative. Fujairah Oil Industry Zone (FOIZ) may permit additional activities based on your specific business requirements. Always confirm with the zone authority.

How to Set Up in Fujairah Oil Industry Zone (FOIZ)

  1. Choose your business activity
    Identify the specific business activities you want to conduct. This determines the license type you need.
  2. Select your package
    Choose between flexi-desk, shared office, or dedicated office options based on your needs and budget.
  3. Submit your application
    Provide required documents including passport copies, business plan, and completed application forms.
  4. Pay fees and receive your license
    Once approved, pay the applicable fees and receive your trade license — typically within 3–5 business days.
  5. Apply for visas
    Use your trade license to apply for investor and employee visas through the free zone authority.
  6. Open a bank account
    Use your incorporation documents to open a corporate bank account with a UAE or international bank.