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Dubai Media City(DMC) Free Zone Onshore Company, Dubai (U.A.E.)

DMC

Dubai Media City Company setupSince its official opening in January 2001, Dubai Media City (DMC) has grown to become a thriving business community hosting both global and regional media companies. Dxb Media City offer media companies and independent media professionals a pro-business environment which enables them to operate with collective synergy and freedom while enjoying free zone benefits. Business from various sectors as mentioned in proposed activity can join Dxb Media City.

Dxb Media City offers media and advertising companies in Dubai an ecosystem where they can showcase their products and services and get a chance to interact with some of the leading marketing companies in the UAE, and global media giants like Bertelsmann, CNBC, CNN, Forbes, MBC, Reuters, Showtime and Sony.

Location: Dubai Media City, Dubai, (U.A.E.)
Permitted activity: Advertising & Communication/ Media & Marketing Services/ Media Support Services/ Event Management/ Event Support Services/ Media Consultancy/ New Media/ Business Information/ Freelancers/ Association (Non-Profit)
License available: Freelance permits and commercial license
Types of entities: Free Zone Limited Liability Company (FZ-LLC), branch office & freelancers
Shareholder: Can be individual or corporate entity
Director: Individuals only
Share capital: Minimum of AED 50,000/-, whereas AED Nil/- in case of branch office
Audit: Audit report not required to be submitted to free zone authorities
Estimated time: Minimum of 5 - 6 working weeks to obtain final trade license
Key benefits:
  • Ownership, Taxation, Repatriation Advantage.
  • 100% foreign ownership.
  • 100% repatriation of capital and profits.
  • No personal income tax.
  • No corporate tax.
  • Dxb Media City offers wide range of leasing facilities starting from hot-desks and moving up to the fully fitted offices with beautiful views surrounding the Dubai Media City
Renewal: License of the company has to be renewed on annual basis. Penalty would be charged by the authority if license is renewed after expiry date.

Starting from AED 27,010/- onwards (inclusive of license, registration and hot desk rentals) and renewal charges amounts to AED 13,500/- from next year onwards. However please note that the above mentioned charges can vary depending upon the number of license applied under one company and also depends upon the leasing/office facility acquired.

GBS provides you consultancy and helps you with company incorporation services at Dubai Media City Free Zone.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.