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Setting up a company in Creative City Fujairah Free Zone If you’re looking to setup business in UAE, this is a best time to start. There are so many free zones in UAE but few are offering the following - 0% corporate and personal tax - 100% company ownership, - 100% repatriation of capital and profits, - no currency restrictions - 100% import and export tax exemption The Fujairah Free Zone Authority has grown rapidly in the two decades since its launch. Located, as the name suggests, in the emirate of Fujairah. So, if you are ready to start your business in one of the UAE’s free zones but are still unsure on exactly which one, here are the benefits to help you decide whether setting up in Creative City Fujairah Free Zone. 1. Get up to 6 visas with no office space: Creative City Fujairah Free Zone provides different options in terms of visas to start your business. You can choose from one, three or six visa options. 2. Cost effective Fees: Creative City Fujairah Free Zone provides licenses for individuals and smaller companies. They have cost effective rates starting from AED 14,000. 3. Quick and easy to set up: Along with its affordability, the speed and ease with which entrepreneurs can set up in Fujairah Free Zone Authority adds to its appeal. License applications can be turned around in just one day. Entrepreneurs are only required to meet with free zone authorities once for around one hour – the rest is taken care of for you. 4. No requirement for a No Objection Certificate (NOC) from local sponsor: Entrepreneurs who are residents in the UAE are not required to provide a No Objection Certificate (NOC) from their current sponsor when completing Fujairah free zone company registration. This makes it a popular choice with new and first-time business owners, or those looking to set up side businesses within the free zone while still employed. 5. A variety of business licenses available: Perhaps the biggest driving factor behind Fujairah Free Zone Authority’s rapid growth is the wide range of license types and business activities that it allows. It is home to businesses from a broad range of industries including manufacturing, distribution and logistics. The free zone itself issues general trading, service/consultancy, investment, real estate, financial services licenses.