Want to set up a company and wondering about Fujairah Creative City free zone cost? But you also don’t know where to start? Look no further. This blog will enlighten you on everything you need to know about business setup in Fujairah Creative City.
UAE stands amongst the few countries that are considered to be the best locations to start a business in. The country is constantly adopting new measures to improve the economy, not just with tourism but with various other investment avenues.
Fujairah is a brilliant free zone to set up a business in. The region is also the UAE’s only access to the Indian Ocean. The economy is growing with each passing day and there are many plans for the future of the emirate.
Fujairah is advancing towards evolving into a modern industrious city while still staying true to its cultural heritage with its Fujairah 2040 plan. The plan focuses on urban development and sustainable economic growth. It will provide the government of Fujairah with a plethora of resources to manage the future growth of the emirate. It will also aid the government to address regional, federal and municipal level projects.
Learn more about Fujairah Creative City free zone cost, packages, activities and more. Continue reading and get started with your entrepreneurial journey.
Everything about Fujairah Creative City free zone:
Fujairah Creative City has made a mark as one of the fastest-growing media-related free zones in the entire MENA region. The jurisdiction was established in 2007 as an alternative to Dubai Media City free zone.
The free zone has undeniably risen in popularity over the years. This is due to the convenience of forming a company there. Fujairah Creative City free zone cost for setup is highly economical and it is one of the few free zones in the UAE that require the least amount of effort and documentation.
The free zone specializes in various fields under the media category. Various measures have been taken over the years to ensure that the media clusters in the region have the resources to facilitate further creativity.
The free zone offers a variety of flexible options for business entities to set up. These flexible options are Free Zone Establishment (FZE) and Free Zone Company (FZC). It is also one of few free zones in the UAE that gives entrepreneurs the option to have a virtual office instead of physical office space.
The jurisdiction enables individuals to work as freelancers. It also issues various types of licenses related to the media field. These licenses include publishing, music and entertainment, consultancy, IT, and production/filming.
Moreover, Creative City in Fujairah is one of the few free zones in the UAE that offers the best visa options. It offers affordable solutions for those who need visas and enables the investor to obtain up to 20 visas under one trade license. As an advantage, the company can be formed without the requirement of a visa for the investor and staff.
Advantages of business setup in Fujairah Creative City:
- 100% foreign ownership of the company
- No personal, income, or corporate taxes
- Full repatriation of capital and profits
- Strategic location boosting opportunities
- Simple and quick set up process
- World-class infrastructure
- Low set up costs
- Exemption from all import and export duties
- Access to regional and global markets by land, air and sea.
Activities permitted in Fujairah Creative City free zone:
Creative City in Fujairah allows entrepreneurs to conduct a wide range of business activities. These activities mainly revolve around the sectors of media, events, consulting, education, marketing and more. The various activities permitted in Fujairah Creative City free zone are as follows:
- Broadcasting
- Media & Marketing
- Publishing
- Event Management
- Media Support Services
- Consultancy
- New Media Services
- Business Information
- Production
- Music & Entertainment
- Information Technology
- Design
- Education
Some activities such as broadcasting would require the investor to acquire pre-approval from the free zone authorities.
Fujairah creative city free zone promotions:
One of the reasons why the free zone stands out amongst other free zones is its impressive packages. It offers various packages, each of which caters to different businesses based on your business needs. Additionally, Fujairah Creative City’s cost of packages is highly affordable. Two of the free zone’s most attractive packages are as follows:
- Commercial Plus 1
This package is ideal for a small business setup. It offers 2 visa eligibility and is suitable for a single shareholder. The package comes with various benefits including PRO services, flexi desk with full facilities and more.
- Baby Business
This package is designed to minimize overhead costs when forming a company. This makes it ideal for small businesses that want an affordable package. Furthermore, the package offers investors up to 6 visa eligibility, flexi desk facilities and more.
Start your business journey with Shuraa
It is evident that Fujairah Creative City offers endless opportunities to entrepreneurs with a passion for media. Setting up a business may be complicated. However, Shuraa can help simplify your company formation with our expert business consultants. We will take care of the entire process of your business setup in Fujairah Creative City.
Shuraa is one of the leading business setup companies in the UAE. For over 20 years, we have been helping entrepreneurs form and maintain their businesses in the country. We assure you that the entire process of your company setup runs smoothly.
Our expert consultants will guide you through the entire process from registering your business, understanding Fujairah Creative City free zone cost, all the way to the process of obtaining approvals from the authorities.
Contact our corporate advisors to learn more about free zone company formation in Dubai. Call us at +97144081900 or send a WhatsApp message on +971507775554. Additionally, you can also drop in an email at [email protected] and get your queries answered in no time.
