CREATIVE CITY FREE ZONE
Since 2007, Creative City has been licensing businesses engaged in media, events, consulting, education, communication and marketing, music and entertainment, design and technology-related activities.
Creative City provides an economical option for new media startups and creative businesses.
WHY CREATIVE CITY?
- Cost-effective, economical startup licenses
- Variety of customised packages
- Full range of media activities
- All Free Zone benefits
FORM YOUR CREATIVE CITY COMPANY NOW!
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Advantages of a Creative City Free Zone company
- 100% foreign ownership
- 0% corporate tax for 25 years
- 0% personal income tax
- 100% repatriation of capital and profits
- 0% import or re-export duties
- No currency restrictions
- No restrictions on foreign talent or employees
In addition to this, company formation in Creative City can derive benefits from the extensive network of double-tax avoidance treaties that the United Arab Emirates has signed with countries worldwide, including countries such as India, Pakistan, Singapore, China, Malaysia, Canada, Germany, Italy, Austria and Holland.
The following legal structures are available for company formation in Creative City:
Limited Liability Company
A limited liability company (LLC) is an independent entity whereby the company structure separates the owners and shareholders from the company.
Branch Company
A branch entity belongs to an existing parent company. All profits, benefits, gains and other returns of the branch are deemed profits, benefits, gains and other returns of the parent company.
We can help you structure your company through our Creative City company formation services. Contact us to discuss your requirements.
Creative City offers the following license packages:
Genius package – US$ 9,600 (AED 35,000) – upto 15 visas available.
Baby business package – US$ 7,700 (AED 28,000) – upto 6 visas available.
Freelancer company package – US$ 6,800 (AED 25,000) – upto 4 visas available.
Commercial( single owner) package – US$ 5,500 (AED 20,000) – upto 2 visas available.
Commercial non-visa (LLC) package – US$ 4,650 (AED 17,000)
Commercial non-visa (single owner) package – US$ 3,850 (AED 14,000)
Establishment Card – US$ 330 (AED 1,200)
E-Channel Registration during visa processing
US$ 1400 (AED 5,000) refundable deposit
US$ 600 (AED 2,225) Registration fee
Here are the initial documentation required for incorporation process:
- Know Your Client (KYC) form
- Specimen Signature form
- Passport Copy of shareholder, director, manager, company secretary, and/or legal representative.
- Proof of residential address (valid tenancy contract, utility bill (not older than 6 months), bank confirmation letter (not older than 6 months)….etc.)
- Specimen Signature Form
- Shareholders’ Resolution / Board Resolution (branch companies)
- Memorandum & Articles of Association
* if any of the documents are in any language other than English and Arabic, then, it must be legally translated into English.
How can 10 Zone help in Creative City company formation?
10 Zone has:
- been setting up businesses in Dubai since 2004
- experts in consultancy and company formation
- a team of highly qualified Lawyers, Chartered Accountants and Relationship Managers
- capabilities to assist you in English, Arabic, French, German, Turkish, Hindi, Afrikaans & Tagalog.
Our Services
- Assistance in company formation
- Visa processing
- VAT registration
- HR & Payroll
- Contracts and Agreementsf
- Secretarial and Annual Compliances
- Marketing and branding
ALL SERVICES