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Benefits of Establishing Your Business in Fujairah Creative City
Easy Incorporation
Fujairah Creative City is known for its straightforward Fujairah Freezone company setup process. Entrepreneurs and investors enjoy minimal setup requirements, with no need for share capital or ownership disclosures. Additionally, Creative City does not mandate annual auditing or bookkeeping.
No Office Requirement
The Fujairah Creative City Free Zone offers the flexibility for entrepreneurs to start their businesses without needing a physical office space. The zone provides a range of packages tailored for freelancers and solo entrepreneurs, facilitating a quick and easy business launch.
Multiple Visa Application
To expedite business commencement, the Government of Fujairah allows entrepreneurs to apply for multiple visas without the requirement of leasing a physical storefront. Even without a dedicated office, entrepreneurs in Creative City can opt for flexi-desk space services.
Complete Capital Repatriation
The FCC Free Zone grants business owners the ability to fully repatriate their invested capital and any profits earned. This provides reassurance to entrepreneurs, ensuring that they can safeguard their investments and earnings.
Explore Monthly Payment Plans with Partner Banks
Ease the cost of obtaining a Fujairah Creative City license by converting your expenses into convenient and affordable monthly installments with our select banking partners. This option adds financial flexibility for those looking to form a company in Fujairah. Simply spend a minimum of AED 1,000 on your credit card from one of our associated banks and spread the cost over a 12-month period.
Steps
1. For your company formation in Fujairah, use your credit card to make a minimum purchase of AED 1,000 for any service provided by Vip Zone.
2. Contact the customer service of our partner banks to convert your Fujairah Free Zone company setup cost into an Easy Payment Plan. You have the option to repay over periods of 3, 6, 9, or 12 months.
3. Enjoy the convenience of repaying in intervals of 3, 6, 9, or 12 months.
* Standard terms and conditions from the banks will apply.
Types of Licenses Offered in Fujairah Creative City
Fujairah Creative City offers three distinct types of licenses.
This license covers business activities related to the purchase and sale of goods.
This license applies to business activities involved in the production and transformation of natural resources into finished products.
This license is for business activities like business and management consulting, accounting, real estate consultancy, human resources, technical services, and other professional services that depend on human skills, abilities, and talents.
Requirements for Setting Up Business in Fujairah Creative City
New Companies
- Business description of the company
- Copies of passports
- Two photographs
- Completed license application form
Company Renewal
- The owner or designated person must submit a renewal request
- Renewal fees should be paid in advance prior to the processing of the renewal
Additional Documents Required for a Branch Office
- Valid license copy from the head office
- Passport copies of the owners
- Copy of the Memorandum of Association (MoA)
- Board resolution document.
- Power of Attorney (PoA), if the owners appoint someone else to act in a managerial role on their behalf
Type of Business Structures in Fujairah Creative City
Commercial License FZCO Multiple Owners (FZ LLC)
- This license is ideal for individuals who do not require visas.
- It offers a virtual company setup, enabling a streamlined process for establishing a company in the Fujairah Freezone without the need for a physical visa. The setup is valid for a period of 1-3 years.
- The average processing time for this license is approximately 6-7 working days.
Commercial License Single Owner (FZE)
- Designed for individuals without visa requirements
- This option provides a virtual company setup without a visa, including a trade license valid for 1-3 years.
- The processing time typically ranges from 6-7 working days.
Steps in Setting Up Your Business in Fujairah Creative City
Steps
1. Determine Business Activity for Trade License
Fujairah Creative City extends beyond being just a media hub; it encompasses a wide array of business activities, making it a prime location for company formation in Fujairah. It is vital to carefully determine your business activity type, considering the different requirements for each.
As leading business setup consultants in Fujairah, we guide potential entrepreneurs in choosing the appropriate activity, facilitating a smooth Fujairah Free Zone company setup process.
2. Choose Company’s Business Structure
The core of your business is defined by the structure you choose. This structure determines the shareholders and essential partners for your enterprise. Fujairah Creative City provides four distinct legal business structures to suit diverse business needs. Our consultants in Fujairah can assist you in navigating these options, ensuring your company aligns with your goals and vision.
3. Complete Paperwork
The process of forming a company in Fujairah involves meticulous documentation. At Vip Zone, we make this process simpler. With a thorough checklist, we ensure you’re well-prepared. Once the business activity and structure are decided, our experienced team will help you finalize all necessary paperwork. This includes submitting visa and passport copies, among other requirements, ensuring clarity in Fujairah Creative City license costs and a streamlined setup.
