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Fujairah

Creative City- Fujairah

Taking the inherent advantage of lower cost of operating licences and lower cost of living, this new initiative will be considered by the investors in media segment as an alternative or complimentary option for expansion. Creative City is completely a new media innovation cluster and an addition to the media-hubs in the region after Dubai Media City and twofour54 of Abu Dhabi. The Creative City is targeting smaller players who are trying to establish new businesses or benefit from a new location for their existing operations. Creative City, having 40,000 sq. meters of dedicated land area, will complement existing media clusters in the region, and further facilitate creativity in all fields, for both freelancers as well as companies in a variety of specialties, such as training, media production, media services and technology.

 Factor Description
Established in 2007
Number of companies Over 3,100 Companies
Industry focus Audio and Visual, Broadcasting, Media and marketing, Publishing, Event management, Media support services, Consultancy, New media service, Business information, Production, Music & Entertainment, Information Technology , Design and Education
Limited liability company Subjected to type of license
Minimum number of shareholder 1
Minimum number of director 1
Corporate shareholder allowed No
Corporate director allowed No
Public register of shareholder and director No
Access to UAE Double Taxation Treaties Yes
Port of Free zone Port of Fujairah
Allowed to import export goods Yes
Commercial offices Yes
Industrial premises No
Warehousing facility No
Accommodation facilities No
Prominent companies at Free zone
Location of directors and shareholders meeting Anywhere
Residency visa issued Subjected to license
100% Foreign ownership permitted yes
100% Repatriation of capital and profits Yes
Corporate, personal and withholding tax Nil
Language English
Standard currency of Capital UAE Dirhams

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