Set Up a Company in Dubai Media City

Why Choose Dubai Media City?

From the past couple of years, we have seen a rise in business setup in Dubai Media City Free Zone. Many business persons and entrepreneurs around the globe flock here to do business. One of the main reasons for this rise in the business economy is the country’s free zones. A quick scan of the key benefits of the Dubai Media Free Zone makes it the first choice for foreign investors. The benefits they get are sometimes even better than their parent company. No corporation or personal tax, 100% repatriation of capital, no currency restrictions, 100% import and export tax exemption—the list goes on. Moreover, these are just the highlighted benefits. You may find some unique business advantages in every Media City Freezone situated in Dubai. Without a doubt, it’s a perfect place to start a business organization.

Media Business in Dubai

A part of this free zone is Dubai Media City. As the name suggests, Dubai Media City was created to support the field of generalist and media industries. It has everything related to Advertising, Communication, Media Center, Publishing, Research, and Music. If you’re looking to expand your business or completely start a new one from scratch, then Dubai Media City Free Zone can provide you with benefits that any other Media City Free Zone Dubai cannot offer.

Benefits of Company Formation in Dubai Media City Free Zone

• 100% Foreign Ownership
• 100% repatriation of capital and profits
• 0% Corporate, Personal, and Income Tax
• Exemption from Customs Duty
• Business-Friendly Environment
• Fast-Track Immigration Process
• Networking Opportunities
• Transparent Company Setup in Dubai Media City Process
• Opportunity to Meet Media Giants
• A Variety of Government Services

Dubai Media City License, Business Setup, Requirements, and Eligibility

Dubai Media City was established in 2000 under the supervision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, ruler and Prime Minister of the United Arab Emirates. The main objective of Dubai Media City is to create a world-class environment for the regional and global media industry as well as independent media companies in Dubai. The supervision of Dubai Media Free Zone Authority is now under the jurisdiction of Dubai Creative Cluster Authority and managed by TECOM. Dubai Media City Business Setup offers a great platform for Media City Companies to display their services and products. Since its launch, more than 1400 companies in Media City have been registered, including media giants like CNN, Forbes, CNBC, Reuters, Sony, MBC, Bertelsmann, BBC, and many others. Dubai Media City also promotes talent and entrepreneurship to support freelancers and facilitate them as media professionals.

Business Activities in Dubai Media City Free Zone

To set up media companies in Dubai, these business segments fall under the jurisdiction of the free zone:

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

Types of Companies in Dubai Media City Freezone

Dubai Creative Cluster Authority (DCCA) is responsible for the company formation in Dubai Media City and licensing process. The registration process differs for each type of business entity. Foreign investors interested in business setup in Dubai Media City can register under the following company structures:

• Free Zone Establishment (FZE/FZC) – A business entity with one shareholder can be registered as a Free Zone Establishment. In the case of 2 to 5 shareholders, a Free Zone Company is established.
• Branch (Foreign/Local) – A business entity can open a branch as a foreign or UAE-based registered company.
• Freelancer – A person can work individually under their own name and start a business organization.

The minimum capital for Media City Companies is AED 50,000, which must be deposited to the relevant authority/incorporation. A deposit of AED 2,500,000 is required if your company is operating under the Radio Broadcasting and TV cluster.

Licensing of Dubai Media City Companies

Once you have decided on your business activity and type of legal entity, it’s time to choose a Dubai Media City License. Here are some business licenses available:

• Business and Information License
• Media Marketing Service License
• Event Leisure License
• Consultancy and Retail License
• New Media Support/Services License
• Publishing License
• News Agency License
• TV or Radio Broadcasting License
• Entertainment License
• Film Distribution and Management License

Documents Required for Company Setup in Dubai Media City

In the case of Free Zone Company/Establishment, the following documents are required:

• Application Form
• Dubai Media City License
• Passport of Applicant, Manager, and Director
• Business Plan
• Legal Representative
• No-Objection Certificate (NOC)
• Memorandum and Articles of Association (MAA)
• Company Incorporation Letter
• Resolution of Incorporation

In the case of Branch Local/Foreign Company, the following documents are required:

• Application of Registration
• Trade License issued by DED
• Memorandum and Articles of Association (MAA)
• NOC from the Current Sponsor
• Resolution for Establishment

In the case of Freelance Permit, the following documents are required:

• Application Form
• Portfolio
• Passport Copy
• Business Plan
• Reference Letters (At least 3)

Company registration in Dubai Media City Free Zone

Submit the application form and required documentation to the specified authority. Documents may vary for each Dubai Media City License. Now, select a commercial space for your office and pay the required fee. Once complete, the authority will issue your Dubai Media City Business Setup license, allowing you to start your business activities.

Why Business Setup in Dubai Media City?

Dubai Media City provides excellent opportunities for media companies in Dubai, along with an energetic networking atmosphere, business-friendly environment, and state-of-the-art logistics facilities. It is considered an ideal Media City UAE hub because of its unique cluster environment, world-class infrastructure, free zone status, and streamlined framework.

So, you’re ready to start your business in Dubai Media City Dubai UAE—what next? There are some complex steps that need to be performed under the supervision of an experienced consultant. The right consultant will manage all the legal frameworks of your business so that you can focus on growing your business.

Setup Dubai Business provides expert services for company setup in Dubai and helps setup media companies in Dubai of all sizes. We offer value-added services that symbolize innovation, dynamism, and transparency. Our Dubai Business Setup solutions ensure a seamless process while you run a successful company in Dubai Media Free Zone.

If you have any queries regarding business setup in Dubai Media City Free Zone, send us a quick inquiry. Drop your details, and our representative will call you back.