How To Start Freezone Company Setup in Fujairah Freezone?
FUJAIRAH FREE ZONE
Fujairah Free Zone was formed under Law No. 6 of 1987 of the Emirate of Fujairah. Fujairah Free Zone is adjacent to the Port of Fujairah. Companies established here have easy access to all Arabian Gulf ports. Fujairah Free Zone is also close to Fujairah International Airport which is the only airport serving the UAE East Coast, as well as Northern Oman. The Port of Fujairah is adjacent to the Free Zone. Investors have easy access to all Arabian Gulf ports.
FEATURES
- Multi-access to neighboring and global markets by land, sea, and air
- Efficient and cost-effective investment facilitation
- Served by Fujairah Port and Fujairah International Airport
- Lease period up to 15 years
- Types of company activities include manufacturing, processing, assembling, packaging, import/export, distribution, storage services.
FUJAIRAH MEDIA ZONE (FM ZONE) / CREATIVE CITY
Fujairah is the latest Emirate to make its mark on the media map of the country with its “Creative City”, a fast-growing media hub luring aspiring media professionals and companies. Fujairah Media Inc.(FMI) was established as a broadcasting organization for the Emirate of Fujairah which is also known as Fujairah Media (FM). FM is a joint venture between Fujairah Cultural Authority and Arab International Media Services FZ LLC. Inspired by visionary leadership and armed with a creative mission, the FM has seven creative zones and each zone has been planned to keep in mind the services and features required for the respective activities.
TYPES OF LICENSES ISSUED BY THE FM ZONE:
- TV Broadcasting, production, TV management
- Audio management
- Advertising Agency, Public Relations Agency, Direct Marketing, Sales Promotion, Outdoor Advertising, e-Services, Specialty Communication, Branding, and Corporate Identity
- Printing, Publishing, Distribution, Sports Management, and Promotion, Business Events Management, Event Production, Event Ticketing, Exhibition Organization and Management, Festival Organization and Management, Live Theatrical Shows Management and Promotion, Performing Arts Management
- Research and Information, Planning and Buying, Content Production, Media Monitoring, Graphic Design
- Marketing Consultancy, Market Research Consultancy, Concept and Design Consultancy
- T Digital and Interactive Game Development, Digital Media Library, Distribution and Management, Digital Signage Development and Management, Interactive Services, Media Hardware Equipment, and System Integration, Media Software Development and System Integration, Media Web Design and Management, Web Analytics, Search Engine Optimization
- News Agencies, Research and Information Services.
FEATURES
- Seven creative zones
- Aims mainly to attract local and regional clients
- Focus on smaller businesses and Freelancers
- A haven for Intellectual Property Rights (IPR)
- Established terrestrial digital broadcasting, (DVB-H) platform in the Middle East namely “Jebalcom”
- Home to 13 channels of various languages
- Providing production facilities.
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Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space