What are the latest updates on Fujairah Creative City?
Fujairah Creative City is a free zone in the Emirate of Fujairah, United Arab Emirates, that specializes in media, events, consulting, education, communication and marketing, music and entertainment, design, and technology. It was established in 2012 to support the growth of the creative industries in the UAE and the wider region.
Latest updates on Fujairah Creative City
- Fujairah Creative City separated from Fujairah Culture and Media Authority: In August 2023, His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, issued an Emiri Decree separating Fujairah Creative City from the Fujairah Culture and Media Authority. This decree makes Fujairah Creative City an independent entity with its own legal personality and financial and administrative autonomy.
- New Director of Fujairah Creative City appointed: In August 2023, Salem Ali Salem Marshoud Al Hafiti was appointed as the new Director of Fujairah Creative City. Al Hafiti has over 20 years of experience in the media and creative industries, and has held senior positions at a number of leading organizations in the UAE.
- New initiatives to support the creative economy: Fujairah Creative City has launched a number of new initiatives to support the growth of the creative economy in the UAE. These initiatives include:
- Fujairah Creative Hub: The Fujairah Creative Hub is a co-working space and event venue for entrepreneurs and creatives in the UAE. It provides a supportive and collaborative environment for people to work on their projects, network with others, and attend events.
- Fujairah Creative Academy: The Fujairah Creative Academy offers a range of courses and workshops on a variety of creative subjects, such as filmmaking, photography, graphic design, and web development. It is designed to help people develop the skills and knowledge they need to succeed in the creative industries.
- Fujairah Creative Fund: The Fujairah Creative Fund provides financial support to creative entrepreneurs and organizations in the UAE. It is designed to help people develop and implement their creative ideas.
Why Fujairah Creative City is a great place to start a business
Fujairah Creative City offers a number of advantages to businesses in the creative industries, including:
- 100% foreign ownership: Businesses in Fujairah Creative City can be 100% foreign-owned.
- Zero corporate and personal income tax: There is no corporate or personal income tax in Fujairah Creative City.
- 100% repatriation of capital and profits: Businesses in Fujairah Creative City can repatriate 100% of their capital and profits back to their home country.
- Fast and easy business setup: The business setup process in Fujairah Creative City is fast and easy.
- Flexible business licenses: Fujairah Creative City offers a range of flexible business licenses to meet the needs of different types of businesses.
- Supportive ecosystem: Fujairah Creative City provides a supportive ecosystem for businesses in the creative industries, with a range of facilities and services available, such as co-working spaces, event venues, and training programs.
BizDaddy: Your top business consultant for Fujairah Creative City
BizDaddy is a leading business consultancy firm that specializes in helping businesses set up and operate in Fujairah Creative City. We offer a wide range of services, including:
- Business setup: We can help you with the entire business setup process, from choosing the right business license to obtaining the necessary visas.
- Company formation: We can help you form your company in Fujairah Creative City, and provide you with all the necessary documentation.
- Legal and regulatory compliance: We can help you ensure that your business complies with all the applicable laws and regulations in Fujairah Creative City.
- Accounting and taxation: We can provide you with accounting and taxation services to help you manage your finances effectively.
- Visa and immigration services: We can help you obtain visas for yourself and your employees, and manage all the related immigration formalities.
BizDaddy has a team of experienced and knowledgeable professionals who can help you with all aspects of setting up and operating a business in Fujairah Creative City. We are committed to providing our clients with the best possible service and support.