Fujairah Creative City
The Emirate of Fujairah has an authority called Creative City Fujairah Free Zone. It was launched in 2007 as an alternative to Dubai Media City.
Creative Zone Fujairah is a zone which focuses on professional service activities. It does not have any trading activities.
This free zone offers a remote business setup and visa processing.
It has a fast registration process that can be completed within a week with 100% ownership without any capital requirements or annual audits.
Companies can get from zero up to 15 residence visas – it is one of the best visa offers among UAE business setup options.
OFFICES IN FUJAIRAH CREATIVE CITY
This free zone offers a modern, fully equipped business centre with round-the-clock access (available on hours-per-month basis).
The following facilities can be leased from Creative Zone Fujairah:
- Executive office
The services that come with these facilities include:
- Meeting room access
- Fast speed internet access
- Printing and copying services
- Maintenance and cleaning
All facilities are located in Fujairah free zone.
FUJAIRA CREATIVE CITY ACTIVITIES
Creative City Fujairah does not have any trading business activities at all.
It provides an impressive professional activities list with a broad spectrum of service and consultancy segments.
The business activities include the following:
- Media & Marketing
- Event Management
- Media Support Services
- New Media Services
- Business Information
- Music & Entertainment
- Information technology
Some activities like broadcasting require pre-approval from the free zone management.
The process of renewing your company is straightforward and can be conveniently managed remotely by your appointed agent.
This renewal is required annually, and its cost, which is notably lower than the initial setup expenditure, varies depending on the company’s chosen package.
For companies operating bank accounts within the UAE, it’s obligatory to present the newly issued license to the bank following renewal. This step ensures the continuation of the company’s banking services without any interruptions.
Company amendments in Creative City Fujairah can include:
- Change of company name
- Change of the manager (person-in-charge)
- Change of business activities
- Shares transfer, etc.
The fees are about 2,000 AED for shares transfer and even less for other amendments.
The liquidation of a company in Creative City Fujairah can only proceed upon receiving a personal application from either a shareholder or an authorized representative holding a power of attorney from the company owners.
A fee of AED 4,000 is applicable for the cancellation of the company license, and an additional AED 600 is charged for the cancellation of a resident visa.
If the company has maintained a corporate bank account, it is essential that this account is closed before initiating the liquidation process. A confirmation letter from the bank, validating the closure of the account, will be needed.
Upon successful dissolution of the company, the free zone authority will issue an official deregistration letter. This serves as a formal confirmation of the company’s liquidation, marking the conclusion of its existence within the free zone.
Creative City Fujairah Free Zone presents an attractive choice for those seeking to:
- Consolidate multiple service activities.
- Obtain a high number of visas.
- Establish a company without the requirement of a personal visit.
However, it may not be the optimal choice for individuals intending to sponsor dependents under their visa, as this necessitates a personal visit to the Immigration authority.
The geographical distance could mean multiple trips to the Creative City Free Zone, which may be inconvenient.
Similarly, those needing a UAE driver’s license would need to process it in Fujairah, requiring additional travel.
An alternative could be the Umm Al Quwain Free Zone, which is closer to Dubai and offers reasonable fees, potentially striking a better balance between convenience and cost for certain business needs.