Faic Business Consultancy JLT

Email: info@faicdubai.com

Dubai Media City

Dubai Media City - ( abbreaviated DMC). Was established in 2001 under the TECOM Investments as part of the project. DMC is a regional hub for the organizations in media industry: including news agencies, publishing, online media, advertising, production and broadcast facilities for the development of the media in Dubai and allover the Middle East. More than 1,300 companies are registered in DMC, including the International Cricket Council. The Free Zone is located between Sheikh Zayed Road Highway and Al Sufouh road, next to Dubai Marina.
Dubai Media City is oriented to companies in the following activities: media business, including media and marketing services, printing and publishing, music, film, hypermedia, entertainment, broadcasting and information agencies. This Free Zone has established media centers to help young talents to "come out" as freelancers.

Dubai Media City offers infrastructure within Free Zone of the highest world level. Simplified registration process, transparent and user-friendly framework significantly improve the speed of your business opening. The principle of one-stop shop designed to greatly save your time sometimes allowing to obtain licenses, visas, use of transport, postal and other services. Within 24 hours, you can always turn on visa issues and get expert support.

• Advertising and Communications
• Media and Marketing
• Media companies support services
• Events organization
• Media consulting
• New Media (online media-related Internet technologies)
• Business Information
• Freelancing
• Association (non-profit)
• General Licence (including service and consulting services, leisure, hotels, real estate, etc.)

Types of companies:
• FZ-LLC (New Incorporation of a Free Zone Limited Liability Company)
• Branch of a foreign company
• Branch of a local company
• Freelance

Key benefits to set up a company in DMC:
• 100% foreign ownership
• Self-distribution of profits and capital
• Full exemption from taxes for 50 years
• No customs duties on goods and services

Registration procedure
The minimum share capital for companies such as FZ-LLC is 50,000 dirhams. For companies engaged in production activity minimum share capital of 300,000 dirhams. To register a branch of the authorized capital is required. Registration period is 2-3 weeks.

Read 2239 times Last modified on Saturday, 02 March 2013 22:04
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Faic Dubai, Unit № 605-4, BB1 Tower, Level 6 - Mazaya Business Avenue, Diamond Business Center DMCC ("DBC"), Jumeirah Lakes Towers, Dubai, UAE

Mail: info@faicdubai.com