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Dubai Media City

 

Dubai Media City (DMC) was established in January 2000, in the reflection of the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, ruler of Dubai and the Prime Minister of the UAE, to transform Dubai into a knowledge-based society and economy. As part of this vision, DMC was set up to create a world-class environment for global and regional media companies as well as independent media professionals in the United Arab Emirates.

Dubai Media City (DMC) is operated under the jurisdiction of Dubai Technology & Media Free Zone Authority (DTMFZA), now renamed as Dubai Creative Clusters Authority (DCCA) and is managed by TECOM Investments, a Dubai based company and a subsidiary of Dubai Holding, which is dedicated towards knowledge and life-improving industries. Companies of every kind in Dubai Media City have been operating with collective synergy, including media and marketing services, printing and publishing, music, film, new media, leisure and entertainment, broadcasting and information agencies.

Dubai Media City offers a supportive platform for media-oriented companies to display their products and services, therefore, since its launch in 2000, more than 1,400 companies have set up their operations in this free zone including global media giants like Bertelsmann, BBC, MBC, CNN, Reuters, CNBC, Forbes, Sony, and Showtime, among others.

Why Dubai Media City for Business Setup?

Dubai Media City provides a variety of business clusters for companies to start their operations along with its business-friendly environment, energetic networking atmosphere and top-notch logistic facilities to Dubai Media City companies (media and advertising). Dubai Media City is known as the ideal media hub for the following reasons:

1. Unique Cluster Environment

Dubai Media City offers a unique collective environment where a work campus is dedicated to the businesses falling under a specific industry value chain so that they can interact and collaborate effectively towards a common business goal.

2. World-Class Infrastructure

Dubai Media City offers Metro Ethernet environment, high-speed data, digital voice services, latest technology, and community infrastructure at competitive rates to foster cluster growth.

3. Free Zone Status

  • - Freedom of 100% foreign ownership
  • - 0% personal income tax and corporate tax for at least 50 years, which is renewable further
  • - Total exemption on customs duties on import and/or re-export of goods and services
  • - No currency restrictions
  • - No need for minimum capital investment
  • - No restriction on hiring foreign employees

4. Business-Friendly Environment

  • - The hassle-free and simplified incorporation process
  • - Streamlined legal framework and business-friendly company laws
  • - Total exemption on customs duties on import and/or re-export of goods and services
  • - 24-hour visa service
  • - Single-window operations for all government services like postal services, licensing, registration, visa, traffic, etc.
  • - Faster immigration process and rapid access to knowledge workers

Business Segments in Dubai Media City

The Dubai government supports forms of business ventures under its jurisdiction and in Dubai Media City, there are business sectors you can choose from:

  • - Advertising & Communication
  • - Business Information
  • - Event Management
  • - Event Support Services
  • - Freelancing
  • - Media and Marketing Services
  • - Media Support Services
  • - Media Consultancy
  • - New Media
  • - Non-Profit Association

Types of Permissible Legal Entities in Dubai Media City

An individual or corporate can register their business in this Dubai Free Zone as one of the following legal entities:

1. Free Zone Establishment (FZE or FZ-LLC)

A business entity with one shareholder

2. Free Zone Company (FZC/FZCO)

A business entity with 2 to 5 shareholders

3. Branch of a Foreign Company

For an application of foreign nationality

4. Branch of a Local Company

For a UAE registered a corporate person to apply for company setup

5. Education License

This license holder can carry out operations in the field of education, educational consultancy, and social services.

5. Freelancer

For a person wishing to dispense a certain service, falling under freelance permit, under one’s own name

Licensing Options for Dubai Media City Companies

Once you have decided your business segment and type of legal entity you going to choose for your business idea, here are a few business licenses you can opt for:

  • - Business Information Services License
  • - Consultancy and Retail License
  • - Event Leisure License
  • - Media Marketing Services License
  • - New Media Media Support Service License

Our team of business advisors can sail you through registration, licensing, banking, acquiring a business facility or a business workplace, and all the legal formalities which are requested by the free zone authority. Our experts will guide you in all the procedures, and ensure that you get a hassle-free business incorporation in Dubai free zone. Contact us and we’ll be glad to assist.

Contact us to set up your business in Dubai Media City, our team will be glad to assist you!

For more information and enquiries, please (Contact Us) at  00971558879700 or email us at info@sterlingheightsuae.com

   

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