General Policies
Given below are various policy and regulation documents highlighting terms and conditions under which Creative City operates. Please note that the information provided in the documents below are subject to change without prior notice.
AML Compliance
In alignment with the UAE's commitment to AML/CFT legislation, Creative City has implemented enhanced procedures and tools to assist investors in meeting regulatory requirements promptly. These efforts support initiatives and operational plans outlined in the National Strategy on Anti-Money Laundering and Countering the Financing of Terrorism (2020-2023) and the National Action Plan.
Creative City is dedicated to continually enhancing the government system to effectively mitigate the risks of money laundering, terrorist financing, and support for illegal organizations.
For details on the UAE's money laundering framework organizational structure, please refer to the UAE Ministry of Economy's website:
Financial Crimes Legislations.Ultimate Beneficial
Owner (UBO) Declaration
All Creative City’s registered establishments must submit the registers of UBO’s and Partners / Shareholder and Nominee Directors by filling UBO Declaration form for existing investors and at the time of License Registration for new applications in complaince with Decision No. (58) of 2020 Regulating the Beneficial Owner Procedures. Failure to submit details of the Ultimate Beneficial Owner (UBO) will result in fines and penalties imposed by the Ministry of Economy.
The UBO Law applies to all establishments licensed and registered in the UAE, except for
those that are wholly owned by a local or federal government body or listed in the stock
market. The UAE Cabinet Decision No. 53/2021 establishes penalties to be imposed in the
event of failure to submit the Ultimate Beneficial Owner (UBO) as follow:
(Download Cabinet Resolution No. (53) of 2021 in English) –
(Download Cabinet Decision
in Arabic)
Got Questions ?
We got the answers
Yes, you can manage your company and run the business in any other emirate, and if you want to rent an office, please apply for a no-objection certificate through our customer service team, requirements must be fulfilled.
1- Submit the application and pay the fees
2- Creative City reviews the application and applies for initial approval
3- Signing the incorporation contracts and completing the beneficial ownership data(UBO)
4- Issuing the trade license and related documents
The following digital documents will be sent to you:
Trade License - Articles of Incorporation (AOI) - Certificate of Incorporation - Share Certificate - Virtual Office Lease Agreement.
No, all company documents are digital now! It will be sent via email after you sign the Article of Incorporation electronically.
Of Course,you can open a bank account for a company with a Creative City license.Documents and procedures are subjected to the bank's requirements and Creative City can assist you in this regard.
Taxes are applied on partner based on the company's net income or profits.All companies, including companies registered in free zones with in the UAE, must register on the Emirates Tax platform via the Federal Tax Authority Website.
Establishing a company does not require the client’s personal presence, as we can complete all licensing application procedures remotely. However, the client must present the necessary papers (entry stamp or tourist visa) from the previous visit to extract the unified identification number (UID).
If you have not visited the Emirates before, the Creative City Free Zone can help you apply for a tourist/visit visa to obtain a unified identification number and then follow the licensing process.
For more details about packages and prices,please contact us by sending an email to Sales@creativecity.ae.
You can send the documents required to renew the license to Sales@ccfz.ae
The Creative City Free Zone has a wide range of commercial activities exceeding 2000 activities. You can easily find your company's activity with us.
For more details about the activities available, please visit the following link:https://creativecity.gov.ae/business_activity
Creative City provides the following options:
- Multiple working spaces (Flexi Desk) around the clock to meet the needs of all types of companies.
- Furnished and unfurnished offices of different sizes, and annual/monthly/weekly/daily rental options are also available.
- Meeting rooms of various sizes that can accommodate 4, 8, 12, 40 people.
- Creative City provides a range of supportive services such as legal and financial consultations, training and development programs and networking events to enhance the growth of emerging companies through our “Growing Together” initiative.
- You can learn about our range of academic services for training and
development, attending events, and legal consultations by visiting our website: https://creativecity.gov.ae
- You can get great discounts at sports clubs, hotels, restaurants, tourist and entertainment places in the Emirate of Fujairah.
- Ease and speed in completing transactions.
- Establishing costs at competitive prices.
- There are wide roads linking Fujairah to other emirates, and Fujairah city center is only one hour away from Dubai or Sharjah airport, two hours from Abu Dhabi airport, and 5 minutes from Fujairah airport!
- The Etihad train will open soon, which will connect the Emirates with the Arab Gulf countries.
- The presence of an international airport that provides quick services
to travelers during arrival or departure.
- Fujairah is considered one of the safest cities in the world, as it was ranked first in the world, outperforming 466 cities.
- An electronic system that allows applying for new or renewing licenses, residency permits and all services without the need to visit the headquarters.
- Clarity in prices (no hidden fees)
- Providing additional services to support the business community, such as educational and introductory courses and special events for the business community.
WE ARE HAPPY TO HELP!
Our experts are happy to help to assist you with any questions or inquiries you may have. Let us know how we can support your business set-up goals.