Fujairah Creative City FCC Setup Costs - UAEConsultants

Fujairah Creative City (FCC)

Free zone is a particular geographical area in the emirate where 100% foreign ownership is allowed. Free zones do not require partnership with a UAE citizen or with a local service agent.

  • Founded in:  2007
  • Location:  Fujairah
  • Time for registration: 6-7 days
  • Types of licenses: service
  • Types of companies:  a new company, branch
  • Share capital:  minimum share capital is USD 41,096 or AED 150,000 (depositing into bank account is not required!)

Fujairah Creative City Free Zone (FCC) is located in the emirate of Fujairah, which is 1.5 hours ride from Dubai. In comparison to other freezones, it is relatively young, nevertheless, today it attracts a lot of clients.

One of the reasons it remains popular is that Fujairah Creative City free zone has very attractive fees among free zones in the UAE. Despite the fact that FCC issues only service licenses, a wide range of allowed activities is compensating this fact. Moreover, FCC management shows significant flexibility in terms of business activity regulations. If a desired business activity is not listed with FCC, but it is in the spirit of the freezone, there is a high chance that this activity will be added to the existing list. This being said, such activities as “Online tutoring” and “Legal consultancy” have been recently added to the list.

It is worth mentioning that Fujairah Creative City free zone does not require depositing of share capital into bank account. For many entrepreneurs it is rather difficult to transfer the amount of AED 100,000 to form company’s share capital. Fujairah Creative City is a very cost effective solution in this case.

In addition to that FCC does not require submission of annual audit reports. This definitely decreases the expenses for operational needs of the company.

And one more important fact: while being employed with a UAE company, Fujairah Creative City free zone does not require NOC from the sponsor to register your own company. FCC is the only free zone in the UAE that does not require NOC from the sponsor/employer.

Therefore, in order to minimize expenses for company’s registration and operational needs, Creative City Fujairah is highly recommended by our team.

FACTS YOU SHOULD KNOW ABOUT Fujairah Creative City (FCC)

MAIN TYPES OF BUSINESS ACTIVITIES IN Fujairah Creative City (FCC)

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COSTS OF BUSINESS SETUP

Fujairah Creative City (FCC)
  • FREELANCER COMPANY
  • Registration feeAED 4,000/ USD 1,096
  • License feeAED 13,500 / USD 3,699
  • Flexi-desk*AED 7,500 / USD 2,055
  • TOTALAED 25,000/ USD 6,849
  • *Lease of Flexi-desk makes company eligible for three (3) employment visas.
  • BABY BUSINESS
  • Registration feeAED 4,000/ USD 1,096
  • License feeAED 13,500 / USD 3,699
  • Flexi-desk**AED 12,500 / USD 3,425
  • TOTALAED 30,000/ USD 8,220
  • **Lease of Flexi-office makes company eligible for six (6) employment visas.

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