Dubai Media City

Dubai Media City

Introduction

Established in January 2001, Dubai Media City (DMC) operates under the jurisdiction of Dubai Technology & Media Free Zone (DTMFZA) and is managed by TECOM Investments, a Dubai based company and a subsidiary of Dubai Holding, which is dedicated towards the knowledge and life-improving industries).

DMC is a reflection of the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and the Prime Minister of UAE to transform Dubai into a knowledge-based society and economy. As part of this vision, DMC was setup to create a world-class environment for global and regional media companies and independent media professionals in the United Arab Emirates.

DMC is a reflection of the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and the Prime Minister of UAE to transform Dubai into a knowledge-based society and economy. As part of this vision, DMC was setup to create a world-class environment for global and regional media companies and independent media professionals in the United Arab Emirates.

Business-friendly regulations, easy access to a large market with untapped business opportunities, advanced infrastructure and support services, 100 per cent business ownership, industry building programmers, and government services make Dubai Media City an ideal location for setting productive and profitable allied media businesses.

Location

Located in new Dubai, Dubai Media City is flanked by Marina district on the west, Sheikh Zayed Road on the South and Palm Jumeirah on the North.

Reason to Setup Company in Dubai Media City

Dubai Media City offers a perfect ecosystem and a world-class environment to all kinds of media and advertising companies comprising leisure and entertainment business, media and marketing services, information and broadcasting (IB agencies), music, publishing, new media, printing, and film services to thrive together. Additionally, DTMFZA plays an important role in improving the regulatory environment and providing premium commercial real estate products in multiple categories (high-rise, mid-rise and low-rise) to drive foreign investment.

DMC offers a pedestal for media companies to showcase their products and services, therefore since its launch in 20001, more than 1,400 companies have setup their operations in this free zone including global media giants like Bertelsmann, BBC, MBC, CNN, Reuters, CNBC, Forbes, Sony and Showtime among others.

Features

DMC, a free trade, tax-free zone located on the coast of Dubai has emerged as a global media hub in the Middle East owing to its open and flexible environment, and the freedom it provides to individual business owners irrespective of their nationality. Other features that make Dubai Media City a popular business destination are:

  • Business Location of Choice
  • Consistently Strong Economic Outlook
  • Cosmopolitan Environment
  • Easy Access to Regional Markets
  • Economic Policy
  • ICT Industry Hub
  • Knowledge Industry Development
  • Pro-business Attitude
  • Regulatory Environment
  • Safe and Stable Base for Business
  • Strong Foreign Trade
  • The Region’s Most Connected Location
  • Thriving Tourist Destination

Dubai Media City offers a business-friendly climate, vibrant networking atmosphere, and world-class logistics facilities for companies related to media and advertising business. DMC is an ideal location for company formation and business set up due to the following reasons:

  1. Unique Cluster Environment – DMC offers a unique cluster 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 – DMC offers Metro Ethernet environment, high-speed data and digital voice services, and latest technical and community infrastructure at competitive rates to foster cluster growth
  3. Free Zone Status –
  • 100% foreign ownership
  • 0% personal income tax and corporate tax for at least 50 years, which is further renewable
  • 0% customs duties on import and/or re-export of goods and services
  • No currency restrictions
  • No need of minimum capital investment
  • No restriction on hiring foreign employees
  1. Business-friendly environment –
  • Hassle-free and simplified incorporation process
  • Streamlined legal framework and business-friendly company laws
  • 24-hour visa service
  • Single window operations for all government services like, postal services, licensing, registration, visa, and traffic, etc.
  • Faster immigration process and rapid access to knowledge workers

Business Licensing Segments in Dubai Media City

Following business sectors are authorized by the UAE government to become a part of the DMC business community:

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

 

Business Set Up Process in Dubai Media City

Companies setting up a business in Dubai Media City need elaborate planning and decision making with respect to the specific laws and regulations pertaining to employment, visa, licensing, registration, resolution of disputes, etc., arranging office space, getting skilled workforce and depositing minimum capital, etc.

Though the process is streamlined and hassle-free due to flexible government policies, yet it’s advisable to take the help of a trusted and experienced service provider like us for company incorporation process, as even a small error may lead to the disqualification of the process. We have a specialized team that takes care of the entire company incorporation procedures like preparing detailed business plans, finalizing the business activity, choosing permissible legal structures, hiring skilled staff, getting residential and office space (Commercial offices, Loft offices, Boutique villas and/or Business centers), etc., thus making the entire experience look memorable and hassle-free for the clients.

Types of Permissible Legal Entities in DMC

An individual or a corporate entity can set up business in Dubai Media City in any of the following ways:

  • Free Zone Establishment (FZE or FZ-LLC) – entity with one shareholder
  • Free Zone Company (FZC/FZCO) – entity with 2 to 5 shareholders
  • Branch of a Foreign Company – where applicant is a foreign national
  • Branch of a Local Company – where applicant is a UAE registered corporate person
  • Freelancer – after getting a Freelance Permit

Types of Business Licenses Available

The types of licenses available for company incorporation in Dubai Media City are:

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

The licensing and registration cost may vary based on a number of factors, and clients can contact Incorp International to get the current cost structure by availing free consultation.