Fujairah Creative City
Fujairah Creative City Free Zone Authority, Fujairah
Description
Fujairah Creative City offers cost-effective business solutions for a wide range of creative activities, providing a professional environment for investors specializing in consulting, education, communications, marketing, music, entertainment, design, and technology.
| Emirate | Fujairah |
| Website | https://creativecity.gov.ae/ |
| Contact Info |
Phone: +971 9 207 7666
Address: Creative City Free Zone Authority, Fujairah, UAE
|
| Year Established | 2007 |
| License Types | Commercial, Freelance, Baby Business, Business Package |
| License Cost | AED 5,520.00 - License packages start from AED 5,520, varying based on the type of license and business activity. |
| Formation Cost | AED 5,520.00 - Formation costs start from AED 5,520, depending on the chosen package and business requirements. |
| Minimum Capital Requirement | AED 0.00 - No minimum capital requirement. |
| Allowed Business Activities | Consulting, Education, Communications, Marketing, Music, Entertainment, Design, Technology |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZC), Branch of a Foreign Company, Branch of a UAE Company |
| Allowed Activities | Consulting, Education, Communications, Marketing, Music, Entertainment, Design, Technology |
| Restricted Activities | Activities not compliant with UAE laws and regulations |
| Investor Visa Cost | Visa costs depend on the package selected and the number of visas required. |
| Employee Visa Cost | Visa costs vary based on the number of visas and employee categories. |
| Maximum Visas per Company | 15 |
| Processing Time (Days) | 2 days - Company registration can be completed within 2 to 3 working days, depending on the completeness of documentation. |
| Physical Office Required | No |
| Office Space Options | Flexi-desk, Dedicated office space |
| Office Space Cost | Office space costs vary based on the selected facility and size. |
| Virtual Office Available | Yes |
| Bank Account Assistance | Yes |
| Bank Account Cost | Bank account setup assistance is provided; costs depend on the chosen bank and account type. |
| Partner Banks | RAKBANK, Emirates NBD, Mashreq Bank, Abu Dhabi Commercial Bank |
| Governing Laws | Subject to the laws and regulations of the Fujairah Creative City Free Zone Authority and the UAE. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | No |
| Renewal Fees | Renewal fees depend on the license type and business activity. |
| Business Restrictions | Activities not compliant with UAE laws and regulations |
| Ownership Structure | 100% foreign ownership allowed |
| Import/Export Restrictions | No Standard UAE import/export regulations apply. |
| Benefits | 100% foreign ownership, 0% corporate and personal tax, No physical office requirement, Cost-effective license packages, Access to emerging markets, Customizable facilities, One-stop-shop services, Fast-track visa services |
| Drawbacks | Distance from major UAE cities like Dubai and Abu Dhabi, Limited public transportation options |
| Specific Compliance Requirements | Compliance with Fujairah Creative City Free Zone Authority regulations and UAE laws |
