Business Setup in Dubai Media City 

Overview of Dubai Media City Freezone

Dubai Media City (DMC) was formed in 2001 by state decree in Dubai, at the crossroads of the Middle East, Africa, and South Asia. It quickly established itself as a global media centre. DMC provides a welcoming environment and well-developed infrastructure for media-related businesses to operate globally. Over 1300 businesses have lately opened in the DMC Freezone. The Dubai Media City legislation is provided by the Dubai Technology and Media Freezone Authority (DTMFZA), an independent institution that allows enterprises to conduct business in a world-class environment based on international standards.

DMC is a collaborative space where media and marketing services, printing and publishing, music, cinema, new media, leisure and entertainment, broadcasting, and information agencies may all work together. Reuters, CNN, CNBC, MBC, Sony, Showtime, and Bertelsmann are among the worldwide media heavyweights in the DMC community.

Media Business Centres have also been established in Dubai Media City to boost talent and entrepreneurship in the region. These one-of-a-kind services are aimed at freelancers and self-employed media workers.

Features of Starting Business in Dubai Media City

1. 100 percent foreign ownership;
2. complete profit and capital repatriation;
3. There are no personal, income, or company taxes (for a period of 50 years);
4. Customs duty exemption for goods and services;
5. To sustain the cluster's expansion, it will need world-class infrastructure.
6. The procedure for forming a company is quite straightforward;
7. Company laws and legal structure that are beneficial to business;
8. Licensing, visas, traffic, and postal services are only some of the government services available.
9. Visa assistance is available 24 hours a day, 7 days a week;
10. Immigration procedure expedited;
11. networking opportunities

Types of Licenses Provided in Dubai Media City

Here are several business licences you can choose from once you've decided on your company segment and the form of legal company, you'll use for your business idea:

1. License for Business Information Services
2. Consultancy as well as a retail licence are available.
3. License for a Leisure Event.
4. License for Media Marketing Services
5. License for the New Media Support Service.

Types of Entities Registered under DIFC

In this Dubai Free Zone, an individual or a company can register as one of the following legal entities:

Establishment of a Free Zone (FZE or FZ-LLC)

A company having only one stakeholder.

FZC/FZCO (Free Zone Company)

A company with two to five stockholders.

A foreign company's branch

For a foreign nationality application

A local company's branch

To apply for a business establishment in the UAE, a corporate person must be registered in the UAE.

Freelancers Agreement

If you want to provide a specific service under your own name, you'll need a freelance permit.

Why one should Start a business in Dubai Media City?

Dubai Media City (DMC) has quickly established itself as a worldwide media centre, strategically placed in Dubai at the crossroads of the Middle East, Africa, and South Asia. DMC provides a cutting-edge infrastructure and a welcoming environment for media-related companies to operate globally from Dubai.

The Dubai Freezone has consistently worked to ensure that various organisations and enterprises from diverse industries grow for the greater good and provide maximum production in terms of goods and bring. In short, they've created an environment in which these industries can thrive in a cost-effective, unrestricted environment without having to worry about taxes and customs.

The Dubai Freezone has consistently worked to ensure that various organisations and enterprises from diverse industries grow for the greater good and provide maximum production in terms of goods and bring. In short, they've created an environment in which these industries can thrive in a cost-effective, unrestricted environment without having to worry about taxes and customs.

Dubai Media City offers a choice of business clusters for enterprises to launch their operations, as well as a business-friendly climate, an active networking environment, and top-notch logistic facilities (media and advertising). For the following reasons, Dubai Media City is regarded as the ideal media hub:

Spectacular Cluster Environment

Dubai Media City provides a one-of-a-kind collaborative environment in which a work campus is dedicated to firms that come under a specific industrial value chain so that they may effectively communicate and collaborate toward a similar business goal.

Infrastructure of the highest calibre

To encourage cluster expansion, Dubai Media City provides a Metro Ethernet environment, high-speed data, digital voice services, cutting-edge technology, and community infrastructure at competitive costs.

Freezone Status

1. 100 percent foreign ownership freedom;
2. For at least 50 years, there will be no personal income tax or company tax, which will be renewable;
3. Import and/or re-export of goods and services are exempt from any customs duties.
4. There are no limits on currencies;
5. There is no requirement for a minimum capital investment;
6. There are no restrictions on employing foreign workers.

Environment that is conducive to business

1. The simple and painless incorporation process;
2. Business-friendly company legislation and a simplified legal framework
3. Visa assistance is available 24 hours a day;
4. All government services, such as postal services, licencing, registration, visas, and traffic, can be accessed through a single window;
5. Streamlining the immigration process and gaining access to skilled workers

Business Segments in Dubai Media City

The Dubai government encourages all types of business endeavours within its authority, and there are several business sectors to choose from in Dubai Media City:

1. Non-Profit Association
2. New Media
3. Media Support Services
4. Media Consultancy
5. Media and Marketing Services
6. Freelancing
7. Event Support Services
8. Event Management
9. Business Information
10. Advertising & Communication

How will Dhanguard assist you?

Dhanguard has assisted media enterprises of all sizes in investing in Dubai Media City, a free zone that represents innovation, operational transparency, entrepreneurial energy, and customer-centric practises. We provide value-added services that enable our clients to take advantage of the Dubai Media City's unrivalled amenities and superior logistic infrastructure. We offer a comprehensive free zone creation service that includes document preparation, submission to authorities on your behalf, visa applications, legal document drafting, and bank account opening assistance.

In Dubai Media City, a special destination for media firms in the heart of Dubai, we relieve you of the stress of company creation. Contact us to promote your company in Dubai Media City.