COMPANY FORMATION IN FUJAIRAH CREATIVE CITY

Launched in 2007 as an alternative to the Dubai Media City, Creative City is operated by Fujairah Media Group under the auspices of Fujairah Culture and Media Authority. Fujairah Creative City provides impeccable services and working environment for clients from diverse fields including Media and Marketing Services, Music and Entertainment, Consultancy, Broadcasting, Production/Post Production/Filming and IT Services.

What Sets It Apart?

The enviable geographical location of Fujairah Creative City is lucrative for the export and import companies as the city is located close to the Fujairah International Airport and opens an easy passage to the Red Sea and Arabian Gulf.

Considering the low operational cost of licenses and the lower cost of living,
company formation in Fujairah Creative City is an irresistible option for a wide spectrum of media segments. The working synergies of these media clusters augment the overall economy of the place making company formation in the city quite advisable.

The highlight sectors eligible for free zone licenses in the Fujairah Creative City are publishing and broadcast management. Thousands of local and international media conglomerates have thronged the Fujairah Creative City and the virtual/flexi office option gives its members maximum freedom of movement.

The three main types of companies that are available for registration in the Creative City are:

  • Free Zone Establishment: At least one shareholder is required to form a company in the Creative City.
  • Free Zone Liability Company:The free zone limited liability companies are mainly meant for the foreign investors. For a company to get registered in the Fujairah Creative City free zone, you should have at least two shareholders.
  • Branch offices: As the Fujairah Creative City encourages businesses to branch out to the city from other locations; this is a judicious way of company formation in the area.

Creative City – A Prudent Choice

Some of the facts that make the Fujairah Creative City a much-sought-after destination of media companies are:

  • Zero capital requirements
  • Absolute business ownership
  • No corporate or personal taxes
  • 100% repatriation of capital and profits
  • Strategic geographic location
  • Extremely congenial and professional business milieu
  • Operational synergies for creative business clusters
  • Efficient and timely support services
  • Excellent transport services
  • Competent infrastructure and purpose-built amenities
  • Quick and uncomplicated company set up processes
  • Low cost of leases and utilities
  • Swift issuance of licenses, certificates and other documentation processes
  • One or more stake holders
  • Audit-free atmosphere

Certain service licenses are mandatory for company registration in the Creative City like:

  • Publishing license
  • Broadcasting license
  • Filming license
  • Music and entertainment license
  • Marketing and media services permit

The mandatory documents needed to register a company in the Fujairah Creative City are:

  • Well-prepared business plan
  • Passport copies of the company director and shareholders
  • Application for license

Fujairah Creative City is an economical alternative for film production companies worldwide. A registered company formation agency can come to your assistance in setting up your media company in the Fujairah Creative City

Leave a Reply

Your email address will not be published. Required fields are marked *

Office 611 & Lobby Level

The Fairmont Dubai,

Sheikh Zayed Road

PO 33964 Dubai, UAE

Office Hours :- 8:30 am to 4:30 pm
(Sunday to Thursday)