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Things you Need Know about Fujairah Creative City Free Zone Company Setup

September 5, 2017

Things you Need Know about Fujairah Creative City Free Zone Company Setup

Things you Need Know about Fujairah Creative City Free Zone Company Setup

Are you planning to startup your own consultancy, events management, or e-commerce company in the UAE? Every year, the country attracts a large number of investors and businessmen from different countries around the world.

It is important to know the guidelines on how to start your company formation. In order to operate a business in the UAE, a foreign investor or businessman is expected to go through the legal formalities required by the law. Whether it be incorporating a new business or registering a branch office.

Setting up a Free Zone business in UAE

Are you planning to setup your own company in the UAE? Every year, the country attracts more investors eager to take advantage of the favorable business environment.  Companies large and small are setting up and available to do business with you.  The favorable tax environment and proactive Government initiatives to support SME's and encourage investment is part of the overall drawcard.

Regardless, it is important to know the 'best practice' options for starting your company in the UAE as early mistakes can lead to costly long-term issues. In order to operate a business in the UAE, a foreign investor or businessperson is expected to go through the legal formalities required by the law. Whether it be incorporating a new business or registering a branch office.

Fujairah Creative City offers a wide range of media and consulting related activities are available ranging from but not limited to:

  • Management Consultancy
  • Production
  • Publishing
  • Business Consultancy
  • Video Services
  • Event Management
  • IT Consultancy
  • Design Services
  • Public Relations
  • Lifestyle Consultancy
  • Training Services
  • Advertising and Marketing Services
  • Fashion and Design Consultancy
  • Software Development Management
  • Media Services
  • E-commerce
  • Online Education
  • Interior Design
  • Photography Services
  • And more..

There are 2 company setup options available in Fujairah Creative City Free Zone:

1. New Entity

• Free Zone Establishment FZE - A new business entity with 1 individual shareholder
• Free Zone Company FZ LLC -  A new business entity, with 2 or more shareholders (can be individuals and/or companies)

If you are going to incorporate a new business in the UAE, activities like consultancy, whether it be including practice of engineering, medicine, marketing, or research, the most common entity foreign investors use is the professional services entity.

2. Branch

• A Local Branch - A branch of an existing firm in the UAE
• A Foreign Branch -  A branch of an existing firm outside the UAE

A branch office only engages in those activities that are carried out by its parent company. A representative office is more limited than a branch office in the scope of activities that it is permitted to undertake. A representative office may only conduct marketing and administrative functions on behalf of its foreign parent.

If you belong to one of these setup options and want to understand the process and the requirements more, schedule a free consultation with our business setup advisors today.

How much does it cost to open a free zone company in the UAE

If you are to setup your free zone company in the Fujairah Creative City Free Zone, flexible installment packages are available through CREATIVE ZONE. There are four setup packages options you can choose from depending on your requirement:

  • Baby Business Company Setup Package
  • Freelancer Setup Package
  • Company Plus Setup Package
  • Company Only Setup Package

CREATIVE ZONE

Save yourself the time and effort by availing of a free consultation with ontalk to one of our industry experts and get guided to what, where and how to start.  Talk to one of our Business Setup Advisors today.

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