How to register your company in Fujairah Creative City Free Zone

It’s almost, if not entirely, impossible to research the benefits of starting a business in the UAE without reading about the nation’s free zones. The UAE boasts over 47 free zones each offering a range of benefits, many of which cannot be found in the mainland.
Benefits such as 100 percent company ownership, 100 percent repatriation of profits, import and export tax exemption, and of course zero percent tax on both personal and corporate income.
When looking to form a business here, the question is not should I set up in a free zone, but rather, which one should I set up in?
There are plenty of great ones to choose from, and the one that is right for your business will depend on your circumstances and the nature of your activities. If, however, you are looking for a free zone in a highly strategic location with low barriers to entry, you cannot go wrong with Fujairah Creative City.
Many benefits of Fujairah Creative City stem from its location. Fujairah is known as the ‘Jewel of the Middle East,’ and it is with a good reason. The emirate is home to a thriving business landscape with the infrastructure to match. It is also incredibly well connected – just one and a half hours from downtown Dubai and in close proximity to several of the UAE’s international airports.

There are many reasons why entrepreneurs and businesses from around the world develop a keen interest in Fujairah Creative City Free Zone company registration. Here are just a few:

  • Fujairah Creative City Free Zone license fees

A major reason behind this free zone’s popularity is its low cost and barriers to entry. Fujairah Creative City Free Zone license fees are affordable by most standards, and there is no requirement to put down any share capital.
The relaxed auditing and bookkeeping requirements are also very appealing to entrepreneurs who like to keep things simple. Fujairah Creative City authorities do not require any formal bookkeeping or auditing, and there is no need to submit a formal business plan.
Fujairah Creative City Free Zone company registration also involves no requirement for a No Objection Certificate (NOC), making the free zone particularly popular with freelancers and those operating side businesses.
  • Fujairah Creative City Free Zone VAT

While zero percent corporate and personal tax rates are a major bonus when setting up a company in Creative City, Fujairah Creative City Free Zone VAT is levied at the same rate as on the mainland. Since January 1st, 2018 the rate is a flat five percent on most goods and services.
  • Fujairah Creative City Free Zone visa cost

The Fujairah Creative City Free Zone visa cost will depend on the type and number of visas you require, as will the Fujairah Creative City Free Zone visa processing time.
Processing your visa application is incredibly easy, and unlike many other free zones, there is no requirement to lease office space when doing so. Fujairah Creative City’s flexi-desk package–which affords entrepreneurs the use of business facilities such as desk space, mail services, internet, and telephone use–comes with eligibility for up to six employee visas.
Entrepreneurs who set up in the free zone can also easily apply for additional visas for dependants such as children, spouses, or domestic staff.
  • Flexible setup

Fujairah Creative City Free Zone’s rules and regulations are minimal, making it one of the most flexible free zones in the region. Entrepreneurs wishing to set up here can do so without committing to lease office space, giving the free zone a major appeal to small businesses and solo entrepreneurs.
Another reason behind this appeal is the fact that the free zone issues freelance packages, which allow entrepreneurs to get their business off the ground with minimal ties and upfront costs.
The free zone also offers a ‘Baby Business’ package designed to allow small businesses to benefit from an easy company formation process with minimal overhead costs. The package includes a trade license and establishment card valid for one year, eligibility for up to six visas, and use of all flexi-desk facilities.
Creative City also provides a virtual office service, which includes a business address,  facilities, and access to a professional assistant among others.
  • Open to all

While Fujairah Creative City Free Zone company registration is, as its name suggests, tailored towards the creative industries, it also welcomes the more traditional subsectors within those industries.
For example, opening its doors to publishingbroadcasting, and media companies, the free zone also caters for HRIT, and consultancy businessesthat serve those companies.
Creative City is also particularly geared towards e-commerce businesses offering e-commerce licenses at an affordable cost—something that is not always easy to find in the UAE.
The Fujairah Creative Cty Free Zone is also very welcoming of businesses of all sizes. The free zone is a place where freelancers and solo entrepreneurs rub shoulders with owners of large multinational companies. Fujairah Creative City caters for the needs of both, offering everything from flexible desk space to fully furnished offices and even shell offices for larger companies to decorate and customise to their specific needs.
  • Business services and other assistance 

Aside from easy company registration, Fujairah Creative City offers other business services to help entrepreneurs get up and running.
Free zone staff are on hand to assist with the opening of corporate bank accounts and can advise on the most appropriate financial institution to suit your specific needs.
The free zone also offers visa and immigration services and can handle all government formalities, permissions, work permits, and visa applications that are required to trade in the UAE on your behalf.
Fujairah Creative City is also home to a modern, fully equipped business centre that provides round-the-clock service. These services include meeting room access, fast-speed internet access through Wi-Fi and LAN, printing and copying services, café access, receptionist cover, telephone and fax services, and a maintenance and cleaning service.

Ready to set up in Fujairah Creative City?

If the many benefits of the free zone have caught your eye, the question you are likely asking yourself is, how do I set up in Fujairah Creative City?
There are a couple of ways to do this. You can, if you wish, apply directly to the free zone. Creative City will process your application and come back to you as and when or if it is accepted. While this process is not overly complex, it is very particular and any mistakes or omissions in your application could lead to delays.
With Business Incorporation Zone (BIZ), the official Dubai representative office of Fujairah Creative City Free Zone, business setup team can manage your entire application for you and your dependantsincluding all visa and immigration requirementsto ensure that the whole process runs smoothly. The company formation expert will liaise with Fujairah Creative City Free Zone authorities and any relevant government bodies on your behalf, advising you as soon as your application is successful.
Working with the representative office of the Free Zone ensures you save unnecessary fees that other consultants may charge.
BIZ is giving away cash rewards for every successful business setup referral to BIZ. There is no limit to the cash rewards you could earn. If you know anyone who wants to set up a business in UAE, contact us and start earning!
Fujairah Creative City Referral Program

Comments

  1. This is a great, information and creative article.
    I appreciate your thoughts.
    Thanks for sharing and looking forward for reading more...
    Company Establishment In Dubai

    ReplyDelete

Post a Comment

Popular posts from this blog

How to Set Up a Band in the UAE Home PageBlogHow to Set Up a Band in the UAE

Now is the best time to set up your business in the Free Zone