FUJAIRAH CREATIVE CITY Business Setup
FUJAIRAH CREATIVE CITY free zone was established under the chairmanship of His Highness Sheikh Rashid Bin Hamad Al Sharqi. Fujairah Creative City has opened a facilitating center in Dubai with a view to render services to their Dubai based customers and provide various services like incorporation services, amendment to company register services and license renewal services. FCC City creates an environment for individuals and businesses working in the media, consulting, communications, design and technology fields. Creative City will complement existing media clusters in the region and further facilitate creativity in all fields.
FCC provides licenses to individuals within a Free Zone economic environment. It regulates and processes all government formalities, work permits and visas. The emphasis is on nurturing talent without the conventional fetters of renting an office or recruiting staff at the initial stages. The idea is to create an entity that will eventually grow to a full scale enterprise.
FUJAIRAH CREATIVE CITY business set up, allows a business with the luxury of operating virtually with the efficiency of a full-fledged office. It is designed especially for individuals or clients wishing to keep costs as low as possible favoring start-up and smaller companies.
What are the activities allowed in Fujairah creative city?
- Media and marketing
- Audio and Visual
- Event management
- Film, product or post production
- Media support services
- Broadcasting and new media
- Education and business information
- Music and entertainment
What are the different types of license available in Fujairah creative city?
Business setup in FUJAIRAH CREATIVE CITY requires a license to operate in the specific free zone. The various types of license available in Fujairah creative city include,
- Commercial license
- Freelance license
- Baby Business license
Structuring of Business Operations in Fujairah creative city
The company formation in FUJAIRAH CREATIVE CITY can be structured in either one of the following ways:
- Free Zone Limited Liability Company – FZ-LLC (Corporate and Individual shareholders)
- Branch of a Foreign/UAE company.
Features of FZ LLC
- The Limited Liability Company can be established with either a sole shareholder or with multiple shareholders. The shareholder/s can be either individual/s or corporate entity(ies).
- The FZ-LLC should have a minimum of one director, manager, and a company representative (negotiator). (One person can be director, manager and negotiator)
- Capital contributed for FZ LLC can be utilized for the company’s operations, after the incorporation process is completed and the license is issued.
- Special implementing rules & regulations are applicable for a FZ-LLC.
Features of branch
- Branch is an extension of Parent company
- There is no requirement of minimum capital
- Audited financial are not required to be submitted to FZ Authority.
- It has no special implementation rules & regulations in the Free Zone.
- Branch needs to appoint only a manager.
- Profits of the branch are taxed as per the laws prevailing in the country of the parent company
What is the procedure for Business setup in FUJAIRAH CREATIVE CITY?
The creative city provides licenses to individuals within the economic free zone. FCC controls the government formalities, work permits, visas, and everything for a complete business setup. This free zone provides a one-stop solution with customized services and business packages during the business setup process.
Steps for company formation in FUJAIRAH CREATIVE CITY,
- Initially, select your trade name
- Select the corporate structure suitable for your business
- After selecting the corporate structure, decide the business activity and required license for it.
- Now, file an application to register your business and submit all the necessary documents.
- After submitting the documents and required payment, free zone will review your application for business license.
- Now, get your office space and sign a lease contract.
- Finally, free zone authorities will you the business license and certificate of incorporation.
Documents required for FUJAIRAH CREATIVE CITY,
- Passport copy of shareholders, directors, or owner
- Bank statement copy
- Business description
- Company name options
- Application form
- Payment of necessary cost
- Article of incorporation signed and attested
- Residential address, phone number and email
FUJAIRAH CREATIVE CITY business setup price
The license cost for business setup in FCC starts from AED 11,000. The creative city also offers various visa packages starting from 0 to 15 visa packages.
The incorporation process takes up to 3 to 4 days. The applicants can upgrade the company and get extra visa slots anytime.
Type of license and the cost for it
- For zero visa license – AED 11,000
- For 1 visa – 15,000
- For 6 visas – 21,000
- For 15 visas – 27,000
How A & A associates support Business setup in FUJAIRAH CREATIVE CITY?
FCC or FUJAIRAH CREATIVE CITY is a fully-equipped business centre with amazing facilities and flexible work environment.
Working with A & A associates is the easy way to setup your business in FCC. We ensure smooth business setup including visa and immigration requirements.
Being an official representative of FCC, we assist in getting a free zone license and starting your business venture.
We help our clients in successful business setup by proposing the customized business setup packages. We present the ongoing offers and assist you in the whole way of company formation in FUJAIRAH CREATIVE CITY; our experts ensure professional support even after obtaining the business license.