Fujairah Creative City Free Zone was developed as an alternative to Dubai Media City and it is dedicated to local and international TV broadcasting companies and radio providers. Fujairah Creative City Free Zone is located next to the Port of Fujairah and provides easy access for Dubai companies to the Arabian Gulf and the Red Sea. Fujairah Creative City is also close to the Fujairah International Airport. Due to its geographical position, Fujairah Creative City Free Zone is perfect for import and export companies in Dubai for which delivery times are the most important.
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Opening a company in Fujairah Creative City
There are several types of companies available for registration in Fujairah Creative City Free Zone. Among these are:
- free zone limited liability companies which are suitable for foreign investors,
- free zone establishments,
- branch offices.
The minimum requirement for a free zone establishment is to have at least one shareholder, while free zone limited liability companies must have at least two shareholders. There are no minimum share capital requirements for any of the two types of Dubai companies.
All companies registered in Fujairah Creative City Free Zone are required to have a service license and there are many types of these documents:
- a publishing license,
- a management of broadcasting license,
- a marketing and media services permit,
- a music and entertainment license,
- a broadcasting license,
- a filming license.
Foreign companies may also set up virtual offices in Fujairah Creative City.
Documents required for company registration in Fujairah Creative City
The following documents are required when incorporating a company in Fujairah Creative City Free Zone:
- the company’s Memorandum and Articles of Association,
- a business plan,
- copies of the shareholders’ passports,
- copies of the directors’ passports,
- a licensing application form.
Our company incorporation agents in Dubai may draft the Articles of Association for company registration in Fujairah Creative City Free Zone.
Why invest in Fujairah Creative City?
Dubai has become the largest business hub in the Middle East and its free zones provide some of the greatest advantages to foreign investors. The main reason to invest in Fujairah Creative City Free Zone is the low incorporation costs and the quick setup procedure. Also, free zone companies are not taxed on their corporate income and they can fully repatriate their business profits. Fujairah Creative City is also one of the cheapest alternatives for film production companies in the world.
For information about investment incentives in Fujairah Creative City, please contact our agents in Dubai.