Business Licensing Starting From AED 5,520

Creative City’s business license packages offers entrepreneurs and investors all what is needed to establish their business in the UAE

Terms and Conditions may Apply

** Offer cannot be combined with any other ongoing offer, promotion and discount. The offer is valid only for new license registration.

Answers to Your Questions

How to apply for New License at Creative City?

  • Duly filled License Application Form
  • Dully filled KYC Form (for each individual shareholder)
  • Clear, colour passport copy of owner(s) and person in-charge:
    o first page and/or page containing valid passport information, such as extension page, etc.
    o Emirates ID, Residence page or valid UAE entry permit stamped in passport:.
    o Clear, colour copy of last page for Indian nationals only / 2 page for Pakistani nationals
    o If owner / person in-charge is a UAE national, colour copy of Family book and Emirates ID card.
  • Ultimate Beneficial Ownership (“UBO”) Declaration Form
  • Power of Attorney (2 sets) if there is more than one owner and the person in-charge is only one among them, or if the person in-charge is different from the owner(s). The power of attorney should describe in detail the rights of the person in-charge, especially with regard to applying for company visas, opening or operating bank account, employee issues, etc.
  •  Specimen Signature Forms

Note:

  • All legal documents more than one page have to be sealed securely.
  • Power of Attorney need to be accompanied with a valid colour passport copy of Attorney.
  • The Free zone Authority reserves the right to call for any extra documents it may deem necessary, as and when required.
  • The Authority reserves the right to ask for extra attestation by the UAE Embassy or other Embassies, as may be necessary.
  • The legal documents must be in English and / or Arabic. Documents in any other language must be accompanied by a certified English or Arabic translation.
  • A person may apply for more than one License.

What documents would be provided after the company formation?

  • Company Trade License
  • Certificate of Incorporation
  • Shares Certificate
  • Articles of Incorporation / MOA
  • Power of Attorney (1 set attested by Creative City), if any Office Lease Agreement (for Flexi-desk package)
  • Copy of the Establishment Card will be sent 7-10 days after the release of Company Trade License, subject to Immigration approval
  • The owner must come in person either to Creative City or to any of our representative offices in Dubai to sign the Articles of Association. This is to ensure that a representative from Creative City or an agent witnesses the clients’ signature on the Articles and the same representative should place his/her own name with signature and date on all sets of Articles of Incorporation.

How to transfer, sell shares?

The current shareholder(s) may add or remove shareholders or change the shares structure at will. The owner must come in person either to Creative City or to any of our official agents offices in Dubai to sign the Sale of Shares. This is to ensure that a representative from Creative City or an agent witnesses the clients’signature and the same representative should place the witness stamp with name, signature and date on all sets of signed documents.
Prerequisites for selling shares to an Individual:
1. Request letter stating the type of transaction requested and its details,
signed by all shareholders / the authorized signatory.
2. Licence Amendment form
3. Board Resolution (2) mentioning the changes, signed by all shareholders4. Sale of Shares Form (2) signed by all shareholders/seller and purchaser.
5. All original company documents to be returned to Creative City
6. Coloured passport copy of the buyer and seller (of shares)
7. Amendment Fees
Processing time: 5 working days

What will happens in the event of non-renewal of license?

All companies under Creative City should renew their license, within 30 days after the expiry date of their license.

  • AED 200 will be charged for every month after the allowed grace period.
  • If the company establishment card is not renewed within one month after its expiry date, the client has to pay a penalty of AED 1,100/- (AED
    One Thousand One Hundred), and AED 100/-(One Hundred) for every subsequent month. Penalty of AED 5,000 for each valid visa issued under the company will also be charged.

Please be informed that most banks freeze the bank accounts of companies whose licenses have expired. Therefore, we highly recommend that all our clients renew their licenses before the expiry date. 

What are the License cancellation procedure?

  • The company owner(s) should submit the Cancellation Form duly filled.
  • Cancellation fees plus fines, if any, should be paid in advance.
  • All visas under the company sponsorship should be cancelled.
  • Clearance letter for company bank account.
  • Clearances letters from the telecom provider (Etisalat /du) in case the applicant has phone lines registered on the company name.
  • Clearance letter from Emirates Post if the applicant has company P.O. Box.
  • Board Resolution regarding license cancellation (if more than one shareholder).
  • All original documents in the possession of the owner(s) / person in charge must be returned to Creative City (license, Articles of Incorporation, Certificate of Incorporation, Shares Certificate, Lease Agreement).
  • Cancellation forms for all visas on the company sponsorship.

Creative City is suitable to which kind of businesses?

CCFZ is most suitable for businesses in the feiled of Media, Events, Consulting, Education, Communication and Marketing, Music and Entertainment, Design and Technology. Some of our clients are world leaders in thier feild such as Bait Your Hook and others.   

What documents are required for company license renewal?

Licenses are subject for renewal on an annual basis. Renewal Requirements:

  • Owner / person in-charge should send a renewal request
  • Renewal fees must be paid in advance before the renewal processing
  • Duly filled License Renewal Form
  • Clear, colour passport copy of owner(s) and / or person in-charge:
    o first page and/or page containing valid passport  information, such as extension page, etc.
    o residence page or valid UAE entry permit stamped in passport: not mandatory for Commercial Licence: FZE and FZ LLC
    o A clear, colour copy of last page for Indian nationals only / 2 page for Pakistani nationals
    o If owner / person in-charge is a UAE national, colour copy of Family book and Emirates ID Card
  • Power of Attorney if there is more than one owner and the person in charge is only one among them, or if the person in-charge is different from the owner(s). The power of attorney should describe in detail the rights of the person in-charge, especially with regard to applying for company visas, opening or operating bank account, employee issues, etc…
    Brief Activity Description if owner is a company, certificate of good standing of owner company.

Note: In case of any default by the registered companies, the Creative City management may impose termination of company license against its shareholders, in compliance with the Regulations or terms and conditions of the Articles of Incorporation.

What are the requirements for company license upgrade?

Licenses upgrade Requirements:

  • Duly filled license amendment form.
  • Colour passport copy with UAE residency entry stamp of owner(s), PIC.
  • All original documents to be returned to Creative City
  • If LLC, a Board Resolution (2), confirming the company upgrade.
  • License upgrade fees

How to add Amendments to the Company License?

At any time after your company registration, you may apply for changes in your company such as share transfer, change of shareholders / company name / activity / person in-charge / license upgrade, etc. The changes approved by Creative City management should be reflected in your company license, Certificate of Incorporation and Shares Certificate.

  • Normal Amendment requested during license renewal will be free of charge, except for adding activity.
  • Board Resolution (2) signed by all shareholders approving the requested change, along with the required original documents should be submitted
    to Creative City.

How to change or add a Business Activity?

The business activity of a company can be changed or added at any time provided that the new chosen activity is approved by the Creative City management. Owner / person in-charge must submit the request with the following documents:

1. Duly filled license amendment form
2. All original company documents to be returned to Creative City
3. If LLC, a Board Resolution is also required (2 sets)
4. New activity description
5. Amendment Fees.

The new company documents will be ready in 3-5 working days.

How many shareholders are allowed?

The maximum allowed are 5 shareholders.

Let's Work Together!

Whether you are an existing SME or a prospective entrepreneur looking to start up your company, Creative City Free Zone offers a variety of highly efficient services to help you in your business journey.