CREATIVE CITY FREE ZONE (CCFZ)

Creative City Free Zone, Fujairah (Creative City Free Zone) is a free zone that allows company set up in the emirate of Fujairah, United Arab Emirate. Creative City was launched in the year 2007 and since then the free zone has built an outstanding reputation for itself. Creative City Free Zone mainly allows formation of companies with professional activities such as advertising, broadcasting, publishing, business and administration, account and finance etc. Creative City Free Zone does not grant license for general trading and industrial activities.

 

Why Creative City  ?

Creative City provides licenses to individuals within a Free Zone economic environment. It regulates and processes all government formalities, work permits and visas and simplifies the process of a business startup. Providing a complete one-stop solution, Creative City offers customized services and business packages and ensures professional assistance to its clients during every step of a company formation process.

 

Benefits :

  • One of the fastest company set up process of two to three (2 – 3) working days
  • 100 % foreign ownership is allowed
  • 100 % repatriation of capital and profits.
  • 0 % Corporate or personal tax
  • Post incorporation support services
  • No financial compliance and auditing requirements
  • Leasing an office is not mandatory
  • Customizable office set up options are available

 

Types of Licenses and Companies :

Creative City’s business license packages offers entrepreneurs and investors all what is needed to establish their business in the region. It offers multiple licenses for its companies. The main difference between the various license types is the number of visa allocations and requirement of office space.

The different license types and respective visa allocations and office space are tabulated below:

Commercial: C + 1 (for a single owner)

Commercial license package is designed for all individual startup business owner who needs to start his/her business in simple, easy and fast steps with the need for any visa.

 

Services Included:

• Trade license valid for 1 year

• 2 Visas available

• Processing time: 1-2 working days

• Flexi desk with full facilities

Company / Organisation

This package provides you with a benefit of having an office space that meets your needs, at competitive rates.

 

Services Included:

• Trade license valid for 1 year

• Establishment card valid for 1 year

• Upto 12 Visas available

• Processing time: 1-2 working days

• Dedicated office space Provided

Freelancer

This package enables you to operate as a freelance professional offering a service from a variety of business activities available at Creative City. Freelancer package provides you with an opportunity to sponsor your family, hire staff, open a bank account and have a company name.

 

Services Included:

• Trade license valid for 1 year

• Establishment card valid for 1 year

• 4 Visas available

• Processing time: 1-2 working days

• Flexi desk with full facilities

Baby Business

Baby Business package is designed for small businesses to benefit from an easy company set-up process with minimized overhead costs. Providing small companies with up to 6 visas in this package is aimed to help effectively operate business in the UAE.

 

Services Included:

• Trade license valid for 1 year

• Establishment card valid for 1 year

• 6 Visas available

• Processing time: 1-2 working days

• Flexi desk facility (online support, internet access, signboard, PO box, conference room)

Commercial : FZE

This is the most common type of Free Zone company. It is a single-owner company limited by shares and can be used for a wide range of business activities.

 

Services Included:

• No visa eligibility

• Processing time takes upto 1 – 2 working days.

• Company can opt for a flexi desk.

Commercial : FZ LLC

This Package is designed for multiple shareholders with a distinct legal entity and an independent financial liability.

 

Services Included:

• No Visa Eligibility

• Processing time: 1-2 working days

• Company with less than 15 visas can opt for flexi desks. Company with more than 15 visas can opt for a dedicated office space.

Business activities :

✓ Audio and visual business

✓ Broadcasting business

✓ Media and marketing

✓ Consultancy

✓ Media support services

✓ Publishing business

✓ Event management

✓ Design

✓ Business information

✓ Information Technology

✓ Music and Entertainment

✓ Education

Documents Required :

  • Individual shareholders
    1. Coloured passports copy of all the shareholders.
    2. Emirates ID in case the shareholder is a UAE resident.
    3. Family book (for UAE nationals)
    4. Brief description of business activity.
  • Corporate shareholders
    1. Certificate of incorporation of parent company (for corporate shareholder).
    2. License of parent company (for corporate shareholder).
    3. Memorandum of association of parent company (for corporate shareholder).
    4. Share certificate of parent company (for corporate shareholder).
    5. Coloured passports copy of owners of parent company (for corporate shareholder).
    6. Certificate of good standing of parent company (for corporate shareholder).
    7. Board resolution (for corporate shareholder).

 

FOR MORE INFORMATION, CONTACT US :

Phone : +971 52 1952 532 / +971 4 240 1110

Mail-Id : info@yugaaccounting.com

Website : www.yugaaccounting.com

Ready to start a Business in Creative City,

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