Dubai Media City Freezone
Region’s Most Credible Media Community
About DMC
Dubai Media City (DMC) fosters media industries and plays a significant role in Dubai vision of a knowledge-based economy. It hosts diverse commercial spaces, business centers, and boutique offices. For this reason, it attracts businesses of all sizes, such as SMEs and international media giants.
Housing the famous media stations like Publicis Group, Thomson Reuters, CNN, Spotify, Walt Disney, BBC, Leo Burnett, JCDecaux, ITP and so on, Dubai Media City (DMC) has established itself as the region’s most credible media community. DMC has contributed to Dubai’s earning the title of “The Capital of Arab Media.”
It supports various sectors, including film production, broadcasting, e-commerce, gaming, music, printing, advertising, events and much more. Not only does it provide a platform for business setup, but it also offers networking opportunities and hosts events.
ADVANTAGES OF SETTING UP A COMPANY IN DMC FREE ZONE
There are many benefits to starting a company in DMC. Here are some of the significant advantages:
1. Complete Ownership
If you set up a business in Dubai Media City Free Zone, you can have 100% foreign ownership.
2. Tax Relief
Companies set up within the DMC can benefit from tax relief. There is a 0% personal income tax. Moreover, there is a low corporate tax rate of 9% if their profits exceed the threshold of AED 375,000.
3. Simple Incorporation Process
The company incorporation process in DMC is simple and hassle free. It takes 7 days to complete the business setup process in DMC free zone.
Types Of Licenses Available In Media City
There are various business license types for your business setup in the DMC Free Zone:
- Service License
- Industrial License
- Event Leisure License
- Commercial License
- Professional License
Types of Company Setup in DMC
- Free Zone Establishment (FZE or FZ-LLC)
- Branch of a Foreign Company
- Branch of a Local Company
- Freelancer
How to Set UP A COMPANY IN DUBAI MEDIA CITY FREE ZONE?
Here are the important steps for setting up a business in Dubai Media City Free Zone.
1. CHOOSE A COMPANY FORMATION TYPE
First, select a company type. Dubai Media City Free Zone provides various company formations, such as a Free Zone Establishment (FZE), a Branch of a Foreign Company, and a Branch of a UAE Company.
2. CHOOSE A COMPANY NAME
After choosing the company type, it is time to select a company name. Businesses must make sure the name is unique and not offensive. The name should align with your company and business activities.
3. Prepared Required DOCUMENTS
The next step is to get the documents required for company registration in order. These documents may vary according to the company type.
- Passport copies of all directors and shareholders.
- Passport size photographs
- Application Form
4. OBTAIN A LICENSE
The Dubai Media City Free Zone license is issued after 7 working days. You can start your business operations after obtaining the license.
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