Named after the geographical co-ordinates of Abu Dhabi, two four 54's vision is to enable the development of world class Arabic media and entertainment content, by Arabs for Arabs, and to position Abu Dhabi as a regional centre of excellence in content creation across all media platforms including film, broadcasting, music, digital media, events, gaming and publishing.
The MENA region is one of the world's fastest growing media and entertainment markets with 19% growth in recent years. And with 80% of under - 25s owning mobile phones and strong broadband take-up, it's a prime opportunity for mobile businesses. Over 100 leading media companies are already capitalizing on the opportunity at twofour54 Abu Dhabi.
All Federal Laws of the UAE are applicable in the free zone except in the free zone except for the UAE Federal Company Law No. 8 of 1984. They are also specific free zone regulations issued by the Media Free Zone Authority.
|Location:||Two Four 54 Media Free Zone, Abu Dhabi, (U.A.E.)|
|Permitted activity:||Publishing, Gaming, Film, Radio, Mobile, Music, TV, Online, Animation|
|License available:||Freelancers and Commercial|
|Types of entities:||Free Zone Limited Liability Company (FZ-LLC), Branch, Subsidiary & JV|
|Shareholder:||Can be individuals or corporate entity|
|Estimated time:||Minimum of 5 - 6 working weeks to obtain final trade license|
|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.|
GBS provides you consultancy and helps you with company incorporation services at Two Four 54 Media 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.