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International Media Production Free Zone(IMPZ) Onshore Company, Dubai (U.A.E.)

IMPZ

International Media Production Freezone Company SetupDubai's International Media Production Zone (IMPZ) seeks to create a unique cluster environment for media production companies from across the industry value chain, and from across the world, to interact and collaborate effectively.

IMPZ is emerged globally as the largest media production free zone dedicated to the printing, publishing and packing (PPP) industries. IMPZ provides industry infrastructure and supportive environment for PPP businesses to operate globally out of Dubai.

Catering exclusively to companies in the following industries - graphic art, publishing and packaging-IMPZ is an initiative of the visionary Dubai government, under the patronage of parent company, TECOM investments (A member of Dubai Holding). As a master developer, IMPZ will provide a environment of growth by building key facilities, investing in infrastructure, and forming a unique free zone that incorporates industrial, commercial, residential and community service projects under its mantle. The vast complex is housed on a territory of over 43 million square feet of land, in the heart of commercial Dubai.

Location: IMPZ, Dubai, (U.A.E.)
Permitted activity: Printing & Packaging Machinery, Printing Consumables, Printing Press,Packaging, Publishing, Graphic Art Support Services, Support Services, Design, Storage and Publishing Support Services
License available: Commercial license
Types of entities: Free Zone Limited Liability Company (FZ-LLC), branch office
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 500,000/- for those licensed activity related to printing & packaging machinery and AED 200,000/- for those companies into publishing activity
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.
  • IMPZ offers wide range of leasing facilities starting from commercial offices to warehouses and showrooms
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 80,020/- onwards (inclusive of license, registration and office rentals of estimated size of 615 square feet area) and renewal charges amounts to AED 76,510/- 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 International Media Production 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.