Company Formation in DPC – Dubai Production City Free Zone

Company Formation in DPC – Dubai Production City Free Zone
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DPC is a leading business hub enabling the global and local publishing, printing and packaging industries to excel. Home to qualified business professionals from around the globe, DPC is a holistic community offering business, retail and residential lifestyle. DPC was launched in 2003 as the first dedicated community aiming to advance the development of the production industry in the region. DPC benefits from free zone privileges and regulations that facilitate the ease of business and operations, a unique and vibrant community supporting and fostering the growth of media production.

The Entertainment & Media market in the MENA region has the highest growth compared to global markets. The MENA E&M market is forecasted to grow in the next 5 years at a 16.5% compound annual growth rate (CAGR). Surrounding markets such as Turkey and India also have high E&M market growth rates. These three leading global markets will grow at a higher rate than North American and European markets. The MENA region also leads in E&M sector growth for the next five years. One of the most important sector growths, determining and indicating the health of the media industry is the Ad Spend market. The UAE continues to lead with the largest Ad Spend market out of the MENA region. This makes the UAE an attractive market and strategic location for companies. Although Saudi Arabia is the 2nd biggest advertiser, UAE remains an easier business. Television and Newspaper platforms makes up almost 80% of the Ad Spend in the MENA region.

Major Benefits of Company Formation in DPC (Dubai Production City Free Zone):

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • High-end technology usage
  • Excellent infrastructure
  • Offers wide range of leasing facilities starting from hot-desk and moving up to the fully fitted offices with beautiful views surrounding
Characteristics of DPC Company Setup:

Location:

Dubai Production City, Dubai, (U.A.E.)

Proposed activity:

Printing & Packaging Machinery/Printing Consumables/Printing Press/Signage & Exhibition (except fabrication and production)/Signage & Exhibition – Fabrication and Production/Packaging (except paper packaging and recycling product manufacture)/Packaging-Paper Packaging & Recycling Product Manufacture/Publishing/Publishing Support Service/Promotional Services/General Warehousing activities can be carried out in DPC.

License available:

Commercial license & Freelancer Permit are available option for DPC – Dubai Production City Free Zone.

Type of entities:

Free Zone-Limited Liability Company (FZ-LLC) & Branch office

Shareholder:

Shareholder for Dubai Production City Free Zone (DPC) Company can be Individuals or Corporate entity

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 50,000/- (50 shares of AED 1,000/- each) for FZ – LLC Dubai Production City Free Zone Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Audit:

Audit report is not required to be filed with DPC.

Estimated time:

4 to 6 weeks to obtain license of the company and register a company in DPC (Dubai Production City Free Zone)

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

DPC (Dubai Production City Free Zone) Company Setup Process:

  • Identify the legal form of company to be registered in DPC
  • Select activity from DPC activity list,
  • Apply for name and initial approval,
  • Payment of fees related to DPC business set up,
  • Sign DPC company registration and incorporation documents,
  • Apply for DPC residence visa.

Documents Required for DPC Company Registration:

The documents required for business set up in DPC (Dubai Production City Free Zone) depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • CV/Resume,
  • Utility bill copy,
  • Business Plan.
  • NOC from current sponsor

To know more about the complete requirements for company formation in Dubai Production City Free Zone (DPC) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com

Company Formation Cost in DPC:

DPC Company Setup begins from AED 96,290/-(inclusive office rentals of estimated size of approx. 800 square feet area)

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DPC.

Other Notes for DPC – Dubai Production City Free Zone Company Formation:

  1. Document to be legalized with UAE Embassy in case of corporate shareholder
  2. Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  3. Company Immigration/Establishment card to be renewed every year
  4. Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in DPC. Our company acts as a one stop solution for DPC company incorporation services.

If you are looking for DPC company setup, please get in touch with us for professional assistance.

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DPC (Dubai Production 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.

GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

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Copyright © 2020 Global Business Services.

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