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Dubai Studio City (DSC) Free Zone Onshore Company, Dubai (U.A.E.)

DSC

Dubai Studio City Company FormationAt Dubai Studio City (DSC) the right combination of planned infrastructure, talent pool and the dynamic business environment is focused on accelerating and nurturing the industry growth. In collaboration with business partners, Dubai Studio City offers a complete technical and community infrastructure that provides for an ideal workspace, world's best business and operational support services, access to talent clubbed with supportive environment and infrastructure.

Dubai Studio City invites best-in-class audio-visual media companies by providing internationally benchmarked infrastructure, talent and services. Designed to accelerate the growth of the broadcast, film, television and music production industries, Dxb Studio City is an ultra-modern facility integrating every component of content production and broadcast under one roof. Spread across 22 million square feet Dubai Studio City hosts offers customized real estate specifically built for production, post-production and broadcasting, such as studios, sound stages, and commercial offices. Its services include satellite uplink, digital distribution of content, industry networking opportunities, film permits for shooting in Dubai, production and location assistance, and short-term and long-term visa facilitation

Location: Dubai Studio City, Dubai, (U.A.E.)
Permitted activity: Animation/ Broadcast Service and Support for Radio, Radio Station-Satellite, Terrestrial, IP Streaming, TV Network-Satellite, Terrestrial, Film Support Services, Music and Entertainment, Production (Film, TV and Radio), Themed Amusement and Recreation Activities and Production Support Services
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,whereas minimum of AED 2,500,000/- for companies engaged into any of the broadcasting sector
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 Studio 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 Studio 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 73,520/- onwards (inclusive of license, registration and office rentals of estimated size of 500 square feet area) and renewal charges amounts to AED 70,010/- 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 Studio 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.