Fujairah Creative City Free Zone Company Formation
Fujairah Creative City Free Zone (Creative City Fujairah) is a free zone in the emirate of Fujairah, launched in 2007. It is known for its strategic position along the eastern coast of the UAE. Fujairah’s economy is diverse, with strengths in shipping, logistics, agriculture, and tourism.
The specialized area focuses on businesses such as broadcasting, media, publishing, advertising, finance, etc. It does not grant general trade or industrial licenses. Fujairah Creative City Free Zone caters to a wide range of business activities, particularly in the media, consulting, and creative industries, providing an innovative and supportive environment for entrepreneurs and established businesses alike.
The Creative City is a popular media hub, second to Dubai Media City. Businesses in Fujairah can take advantage of low operating costs, and low cost of living. Needless to say, Fujairah Creative City is a great place for investors in the media industry to expand.
Why Choose Fujairah Creative City Free Zone
Fujairah Creative City Free Zone offers a unique blend of benefits that make it an ideal choice for businesses. The free zone provides a cost-effective and efficient business setup process with no requirement for a physical office.
Its strategic location near major shipping routes and airports enhances connectivity, while the supportive regulatory environment simplifies business operations. Additionally, the Free Zone is designed to foster creativity and innovation, making it an attractive hub for media, consultancy, and creative enterprises.
Benefits of Setting Up a Company in Fujairah Creative City Free Zone
- 100% foreign ownership
- Tax exemptions
- 100% Exemption on imports and exports
- No currency restrictions
- 0% import and export duties
- Ease of business setup
- 100% repatriation of capital
- Remote business setup
- Low licensing costs
- Access to international markets
- No capital requirements
- No auditing requirements
Types of Licenses in Fujairah Creative City Free Zone
Creative City Free Zone in Fujairah offers multiple types of business licenses for companies. These licenses cover a wide range of business activities that you can conduct in the free zone.
- Service License: For businesses providing professional services such as media, IT, and marketing.
- Commercial License: For trading activities, including import, export, re-export, distribution, and storage.
- Commercial Plus One (C+1): Allows for one additional commercial activity under the same license.
- Consultancy License: Specifically for professional consultancy services across various sectors.
- Freelance License: Ideal for individual professionals offering services in media, IT, and other creative fields.
- Genius Visa: A special visa category designed to attract talented individuals in creative and innovative sectors.
- Baby Business: A unique license for small startups and entrepreneurs to launch and grow their businesses with minimal cost.
Best Businesses to Start in Fujairah Creative City Free Zone
Creative City Fujairah is designed to support businesses and startups in the media, educational, and other related industries. Here are some of the permitted business activities you can perform in the Fujairah Creative City:
- Broadcasting
- Media and marketing business
- Audio and visual production
- TV production
- Radio management
- Advertising
- Marketing Agency
- Publishing
- Event management
- Media support services
- Consultancy firm
- Digital media services
- IT
- Business Information
- Music and entertainment
- Production and distribution of art
- Education
- Hospitality
Facilities Offered by Fujairah Creative City Free Zone
Office space is not a requirement for all businesses during the registration process in the Creative City, but the free zone offers plenty of facilities for startups.
- Flexible office spaces and executive suites, including Flexi Desks for small businesses.
- Modern infrastructure and high-speed internet connectivity
- Comprehensive business support services including licensing and visa processing
- Conference and meeting rooms equipped with the latest technology
- Access to a vibrant community of like-minded professionals and businesses
Creative City is a great place for entrepreneurs, freelancers, and small investors because there is no mandatory office space required for company registration. Office space is an added cost, especially when companies don’t need it.
The FCC Free Zone has taken care of the problem by making office space not mandatory for companies with up to 15 visa allocations.
How to Setup a Business in Fujairah Creative City Free Zone [Steps]
Fujairah Creative City Free Zone offers a fast-tracked process for business registration, which usually takes between 3-5 days. Here’s a step-by-step business setup process:
Choose a Business Activity
Identify the type of business activity you wish to undertake and select the appropriate license for it.
Select a Company Name
Choose a unique company name that adheres to Fujairah Creative City Free Zone naming regulations.
Submit License Application
Complete and submit the application form along with required documents such as passport copies and business plan to the free zone authority.
License Approval
Once your application is reviewed and approved, you will receive your business license.
Lease Agreement
If your license requires an office space, you must sign a lease agreement for an office, or opt for a virtual office solution.
Bank Account Opening
Open a corporate bank account for your company in the free zone. This is required for smooth financial transactions.
Visa Processing
Apply for residence visas for shareholders and your employees through the Fujairah Creative City Free Zone Authority.
Start Your Operations
Begin your business operations in Fujairah Creative City Free Zone with the support of their comprehensive facilities and services.
How Solutions FZCO Can Help You!
For entrepreneurs planning to set up a new business in Creative City Free Zone, Solutions FZCO brings you all the resources you need for an efficient company formation.
Our experts facilitate the process of obtaining the required licenses and permits, so you can start your business within days. Leverage our local contacts with the authorities to speed up your business registration process.
Contact us today, to get started on your dream business. We ensure that you get your company license in the most comfortable way.
