HomeFree Zone Company - Creative City Free Zone - Maintenance and Repair of Jamming Equipment and Systems

Article: 2822

Service Company SetupMaintenance and Repair of Jamming Equipment and Systems

Information verified with the provider on

Creative City Free Zone logo
JurisdictionCreative City Free Zone
Service
Short description

This company can engage in providing maintenance services for jamming equipment that interferes with wireless communications, such as cordless telephones and GSM repeaters.

About the company's activities
Types of activities

The following business activity has been selected for the CCFZ company setup:

  • Maintenance and Repair of Jamming Equipment and Systems (3313010). Includes activities focused on providing maintenance services for jamming equipment that interferes with wireless communications, such as cordless telephones and GSM repeaters.

The company can engage in up to three business activities under one license without additional fees.

Additional External Regulator Approvals

No additional approvals are required to register a company conducting this business activity.

Share Capital Requirements

The minimum share capital required for this company:

  • Sole shareholder: AED 100,000;
  • Two or more shareholders: AED 150,000.

Its contribution is optional.

Company Name Requirements
  • May contain the name of a shareholder
  • Must correspond to the company’s business activities
  • Must not be identical or similar to local/global brands or registered trademarks
  • Must not contain geographical names, such as the names of emirates, cities, countries and other landmarks
  • Must not contain the names of Allah or God, or any other religious terminology
  • Must not contain the names of local/international religious, political or governmental organizations
  • Must not violate the UAE laws or contain words that are obscene, indecent or generally offensive
Bank Account

Entrepreneurs can open corporate accounts in traditional banks with physical branches, as well as in digital banks and payment systems.

When choosing a bank to open a corporate account, consider the following: service level, fees, available currencies, online banking performance, bank reputation, as well as other conditions that may be important for your business.

Successfully opening a corporate bank account requires a well-prepared documentation package, which may vary depending on the specific requirements of each bank. Documents submitted incorrectly or incompletely may negatively affect the bank's final decision in processing the application.

About Jurisdiction
Name and Description
  • Title: Creative City Free Zone
  • Description:

    CCFZ (Creative City Free Zone) is a free economic zone (free zone) established in 2007 in the Emirate of Fujairah, UAE. CCFZ serves as a multi-sector business hub, attracting professionals from industries such as trade, technology, media, marketing, consulting, and education. Businesses registered in CCFZ are permitted to operate both within the free zone and beyond the UAE.

    CCFZ issues the following types of business licenses:

    • Commercial (wholesale and retail trade)
    • Professional (service provision)

    With its strategic location and multi-sector focus, CCFZ provides optimal conditions for business scaling, supporting both startups and established companies aiming for international expansion and strengthening their market presence.

Advantages

The CCFZ company registration provides various benefits and opportunities for entrepreneurs:

  • Access to local and global markets. Companies registered in the free zone can conduct business within the free zone and beyond the UAE. This helps to expand business, create and strengthen partnerships and enables interaction with clients and partners worldwide.
  • Strategic location. The free zone is situated in Fujairah, close to key transportation hubs, including a seaport and international airports. This makes it attractive to companies engaged in international trade, logistics, and import-export operations.
  • Remote company registration. The free zone enables entrepreneurs to establish their business remotely, without the need for physical presence in the UAE, providing convenient access to the registration process from anywhere in the world.
  • Full profit control. The free zone enables foreign entrepreneurs to retain 100% ownership of their company, granting full control over profits and unrestricted capital repatriation outside the UAE. This fosters an optimal environment for strategic financial planning and efficient business management, free from limitations on economic activities.
  • Wide range of business activities. The free zone offers an extensive list of business activities, enabling entrepreneurs to develop projects in various industries, including trade, professional services, information technology, media, marketing, education, and more.
  • Customized business solutions. The free zone provides special packages for students, retirees, housewives, and people of determination, offering affordable packages and convenient conditions for business growth.
Offices/Premises
  • Various rental property options are available in CCFZ, provided upon preliminary request and subject to availability:
    1. Flexi Desk (AED 0/year). A workspace in a coworking that can be accessed for up to 40 hours per week during working hours. It affords up to 15 visa quotas. Included in all registration packages.
    2. Private Office (AED 30 sq.ft/year). An office in Fujairah's Creative Tower, ranging from 550 to 1600 sq. ft, with unlimited 24/7 access. It can be rented in addition to the Flexi Desk.
Tax Regime and Profit Management

The UAE imposes a variety of taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:

  1. Value Added Tax (VAT):
    • Since January 1, 2018, the UAE has implemented a VAT rate of 5%, which applies to most goods and services and is charged to companies operating within the country, except for those registered in designated zones.
    • A Designated Zone is a territory within a free zone that is treated as outside the UAE for tax purposes, allowing goods to be exempt from taxation, provided certain criteria are met. The main taxation rules in Designated Zones are:
      • Designated Zones are listed in the Cabinet Decision to Federal Decree-Law No. (8) of 2017 on Value Added Tax (VAT).
      • Goods tranferred between or within Designated Zones are not subject to VAT.
      • The export and import of goods between a Designated Zone and a foreign company are also VAT-exempt.
    • For local companies and those registered in Non-Designated Zones (free zones not included in the Designated Zones list), the standard tax rules set forth in the Federal Decree-Law on VAT apply.
      • Companies with an annual turnover exceeding AED 375,000 are required to register with the Federal Tax Authority (FTA) as VAT taxpayers.
      • Companies with a turnover between AED 187,500 and AED 375,000 may register on a voluntary basis.
      • Companies can offset VAT paid on purchases of goods and services (input VAT) against the VAT they collect on sales (output VAT), shifting the tax burden to the final consumer.
      • Some goods and services may be exempt from VAT or taxed at a 0% rate, such as international transportation, educational, and medical services.
  2. Corporate Tax:
    • As of June 1, 2023, the UAE has introduced a corporate tax at a rate of 9%, levied on the taxable net profit of companies with income exceeding AED 375,000.
    • A 0% rate is applied to taxable income not exceeding AED 375,000.
    • Charitable, non-profit organizations and medical institutions are fully exempt from corporate tax.
  3. Excise Tax:
    • Since October 1, 2017, the UAE has introduced an excise tax aimed at reducing the consumption of harmful products and funding healthcare initiatives.
    • The tax applies to alcohol, tobacco products, and beverages containing added sugar, including energy and carbonated beverages.
    • Excise tax rates vary by product category:
      • 50% on carbonated drinks (excluding mineral water)
      • 100% on tobacco products
      • 100% on energy drinks
      • 100% on electronic smoking devices and related liquids
      • 50% on products containing added sugar or sweeteners.
    • Companies dealing with excise goods must register with the Federal Tax Authority (FTA), submit monthly declarations, and maintain records. Excise tax is paid upon the import, production, or release of goods for consumption in the UAE.
  4. Customs Duties:
    • Custom duties in the UAE are applied to most imported goods at a standard rate of 5% of the cost, insurance, and freight (CIF). Some product categories, such as pharmaceuticals and food items, may be exempt from duties or subject to reduced rates.
    • Goods imported into the UAE's free zones are generally not subject to customs duties as long as they remain within these zones. However, once such goods are moved to the UAE mainland, standard duties apply.
  5. Personal Income Tax:
    • In the UAE, personal income is not subject to taxation.
    • UAE citizens and residents are exempt from paying taxes on their personal income, including salaries, interest, dividends, inheritances, gifts, luxury goods, and capital gains.
  6. Other Local Taxes and Fees:
    • Individual emirates may impose specific local taxes and fees in line with their economic and social needs.
    • These taxes and fees are aimed at supporting public services and implementing infrastructure projects.
Resident Visas

CCFZ offers the following main types of UAE resident visas for foreign investors and company employees:

  • Employment Visa:
    • Issued by the company for its foreign employees.
    • Permits residency and employment in the UAE.
    • Depending on the job position, education and specialization may need to be verified.
    • Valid for two years but can be canceled if the employee is absent from the UAE for more than six months.
    • Can be renewed alongside the employment contract.
  • Dependent Visa (for family members and domestic staff):
    • Issued to the sponsor's family members and accompanying domestic staff (nannies, housekeepers, caregivers, etc.).
    • Permits residency in the UAE.
    • Valid for two years.

Order service directly at CCFZ

Total:

Order the support of an authorized platform partner

Plan:
Standard
Premium
Total:

Order services directly through CCFZ

With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with CCFZ representatives, and assist in coordination

  • Direct access without intermediaries
  • No additional fees
  • No commissions

Choose our "Standard" plan

Receive expert guidance from an authorized consultant who will manage the entire process of obtaining CCFZ services

  • Time-saving
  • Predictable outcomes
  • Personal expert assistance
  • Business-class transportation to service locations
  • Minimal involvement required

Opt for our "Premium" plan for top-tier expert guidance

An elite consultant will oversee the process of obtaining CCFZ services, ensuring a seamless experience

  • VIP airport reception in Dubai for one person
  • Premium-class airport-hotel-airport transfers
  • Expedited VIP procedures
  • Guaranteed results
  • Personal expert available 24/7
  • Premium-class transportation to service locations
  • Minimal involvement required
UPPERSETUP Logo

Online platform for business registration in the UAE

Phone:

+971 52 184 1181
Become a PartnerResourcesAboutContacts
© 2024 UPPERSETUP Technology Ltd. All content on this site is protected by copyright
Send WhatsApp message