Fujairah Creative City (FCC) Freezone Company Formation
What Are the Benefits of Fujairah Creative City Company Formation in UAE?
- Enables a swift company setup within 2-5 working days
- Permits 100% foreign ownership
- Requires no minimum capital for company formation
- Supports full repatriation of capital and profits
- Offers Post incorporation support services
- Exempts businesses from financial compliance and auditing obligations
- Provides flexible company formation packages tailored to specific business needs
- Facilitates Company bank account setup anywhere in the UAE
- Offers tax benefits, including no corporate or personal taxes
- Does not mandate office leasing; offers customizable office setup options
- Imposes no restrictions on currency usage
Free Zone
Fujairah Creative City (FCC)
Setup Time Frame
2-5 days
Location
Fujairah Creative City's free zone is strategically situated in Fujairah, UAE, along the coastline.
Share Capital
Not required; however, AED 50,000 recommended to be paid up within the first year of operation.
Financial Audit Report
Not required; however, recommended as best practice to maintain proper books of account.
Overview of Fujairah Creative City
Fujairah Creative City Free Zone, located on the east coast of the United Arab Emirates, was established in 2007. It was among the pioneering Freezones in the UAE to offer a cost-effective, streamlined process for setting up businesses.
This free zone is an affordable option for media companies, such as TV and radio stations targeting international audiences, serving as an affordable alternative to the more prominent media hubs in Dubai, Abu Dhabi, and Ajman, like Media City and twofour54.
Fujairah Creative City supports various industries, including software development, marketing, music, entertainment, media, events, consulting, education, design, and information technology. However, it does not issue licenses for trading goods, general trading, or industrial activities.
Business Activities Offered by Fujairah Creative City
Creative City Fujairah does not engage in any trading business activities. However, it offers a wide array of professional services and consultancy options across multiple industries, including:
- Management Consultancy
- Social Media Services
- Publishing
- Video Production
- Event Management
- IT Consultancy
- Business Consultancy
- Public Relations
- Lifestyle Consultancy
- Training Services
- Advertising and Marketing Services
- Fashion and Design Consultancy
- Software Development Management
- Media Services
- E-commerce
- Online Education
- Interior Design
- Photography Services and more
Certain activities, such as broadcasting, may need to be approved in advance by the free zone management.
Steps to start a Fujairah Creative City Freezone Company
Need professional help?
Looking to start your business in the UAE? We’ll handle all legal matters, prepare and submit your documents, and ensure the right conditions are in place for success. Contact us to get a personalized cost breakdown and expert guidance on starting your business in the UAE.
Types of Licenses Offered by Fujairah Creative City
Selecting the proper license for your business is essential to ensure compliance with legal requirements and industry standards. Below are the most common types of licenses available for different business activities:
Commercial License (Trading License)
Professional License (Service License)
Industrial License
Legal Structures for Fujairah Creative City Freezone
The Fujairah Creative City Free Zone offers various company setup options to suit different business needs. Each option is designed to provide flexibility and support for both local and international businesses.
Free Zone Establishment (FZE)
A free zone establishment (FZE) is designed for single shareholders or a small business unit, as it has minimum business requirements. It is a great choice for entrepreneurs in Dubai who want to venture out independently.
Free Zone Company (FZ LLC)
This structure allows between 2-50 shareholders, either individuals or entities, to establish the company.
Branch
A branch can be a local extension of a company already operating within the UAE or a foreign extension based outside the UAE. In either case, the branch is limited in conducting activities that align with its parent company's.
Subsidiary
A subsidiary is a company that another local or foreign company wholly owns, and it operates in a different industry or sector than its parent company.
Why Choose Emirates Advisory for Fujairah Creative City Freezone Company Setup?
Emirates Advisory is a premier legal consultancy firm with over 15 years of expertise in business setup and corporate structuring across the UAE. We provide tailored solutions to meet each client’s unique needs. Our in-depth understanding of Fujairah Creative City’s processes and regulations ensures a seamless and efficient company formation experience. From license selection to post-incorporation support, our dedicated team manages the complexities of documentation, compliance, and corporate bank account setup so that you can focus on your business goals. Contact Emirates Advisory today to fast-track your Fujairah Creative City Freezone business setup. Let us handle the details while you focus on achieving success.