Dubai is one of the most profitable business places in the world. Because of the booming economy, business-friendly environment, and government assistance, you can find success in any field or industry, from medicines to food and perfume to media. If you are an entrepreneur with a passion for the creative, a media firm business setup in Dubai may be the ideal option for you. With Dubai Media City, you can easily launch your media company in Dubai.
Dubai Media City is a member of TECOM Investments and is located and operated under the jurisdiction of Dubai Technology and Media Free Zone (DTMFZ). It was founded in 2001 and is now the major headquarters for all global activities of global media conglomerates such as Forbes, CNN, Sony, Reuters, and others. Here's everything you need to know about establishing a media company in Dubai.
In order to establish a media company in Dubai, you must first seek permission from the Dubai Technology and Media Free Zone (DTMFZ) Authority. The Dubai Technology and Media Free Zone Authority must authorise the establishment and registration of all DMC enterprises. AED 50,000 is the minimum share capital necessary to start a business in the DMC.
Setting up a media company in Dubai entails the following steps:
The following documents are required to be submitted for obtaining a license for setting up a media company business in Dubai:
Dubai is a country of opportunity and progress, and establishing a media company in Dubai allows you to gain numerous benefits, including:
Dubai Media City is a community of the UAE's and the world's largest media company. The world's major radio, television, publishing, and advertising corporations, as well as freelancers and startups, coexist in 25 buildings to form one of the world's largest media centers. For any prospective entrepreneur wishing to establish a media company in Dubai, the Dubai Media City, with its limitless opportunities for faculty achievement and collaboration, is the most fertile ground for growth.
There are various types of media licenses available for media companies in Dubai Media City, as listed below:
Business renewal in Dubai Media City freezone is a low-cost and straightforward process. Beginning with your company's second annual renewal, you will be required to submit an audit report.
To complete the renewal procedure for your company, you must pay the renewal cost and submit the completed lease for your facility. One benefit is that your actual presence in Dubai is not required for renewal, which can be done through an agent.
Company liquidation, like renewal, does not require the personal presence of the owner and can be completed through an agent. To complete the liquidation process, you must pay the government charge.
The following steps are involved in the liquidation of a company and take about a month to complete.
To register your business in this free zone, you must complete a number of steps, some of which are complex and some of which are simple. The specifics of this process, however, will be heavily influenced by the sort of license you are looking for and the type of business you desire to operate. That is why, before beginning any of these procedures, you should always contact a company setup consultant who will walk you through every aspect of the application, finally guaranteeing the complete process takes no more than a few hours of your time. Dhanguard is available to assist you in establishing a business in a DMC Freezone. Contact us today!!
Dhanguard provides the business setup and company formation services in Dubai, UAE with the guidance of our professional team of consultants. Faster and hassle-free company setup in Mainland and Freezone in UAE.
All the information on this website is published in good faith and for general information purpose only. Dhanguard does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this website, is strictly at your own risk. DhanGuard will not be liable for any losses and/or damages in connection with the use of our website.
By using our website, you hereby consent to our disclaimer and agree to its terms.
Should we update, amend or make any changes to this document, those changes will be prominently posted here.
Copyright @2022 Design & Developed by Team Dhanguard