Dubai Media City Free Zone
It has become a regional hub for media companies from all over the world. Companies from all fields: online media, advertising, publishing, news groups, broadcast, and production houses can be found in the city. It is under the authority of Dubai Technology and Media Free Zone Authority. CNN and CBS have their branches located here.
The city facilitates an environment which encourages interaction between businesses that will benefit the companies where information can be exchanged mutually with confidence.
A license has to be procured from the authority and they are issued by the Registration and Licensing Department. Licenses have one-year validity and can be renewed yearly. Licenses can be issued for these organisations:
Free Zone LLC
- File an application for company incorporation
- Submit Documents to the DTMFZA and receive the Customer Confirmation Letter
- Return the letter with the license fees, lease contract, and payment
Branch Office
The same process of incorporation applies
Freelancer
Must submit an application form along with a copy of the passport to the authority to procure a freelancer license
Documents Required for Company Setup in Dubai Media City
Single Shareholder:
- Business License Application
- Passport
- Business Plan
- Legal Representative
Corporate Shareholder
- Application Form
- Certificate of Incorporation
- Business Plan
- Information of the legal representatives
Advantages of Company setup in Dubai Media City
- 100 % ownership
- Exemption from taxes on profits and capital gains
- No taxes for 50 years on personal and corporate income
- Tax-Free Custom Duties
- Streamlines and Smooth Registration
- Company Regulations are transparent
Facilities
The media city has many facilities that it offers to those who settle here:
- Business Centres
- DMC Business Centres
- Parking System
- Properties
- Boutique Villas
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