Company Formation in Twofour54 Abu Dhabi Media Zone Authority

Twofour54 Abu Dhabi is a tax-free media zone located at the heart of one of the fastest growing media markets in the world with attractive economic benefits for companies such as an easy licensing and business set-up services, 100% company ownership in a stable and tax-free environment. Named after the geographical co-ordinates of Abu Dhabi (24° North, 54° East), Twofour54 is a unique media zone dedicated to helping like-minded companies and professionals take full advantage of the Middle East & North Africa region’s current and future offerings in media sector. Our mission is to nurture media businesses and professionals by means of a fully integrated and supportive tax-free ecosystem that delivers world-class production services and talent development ensuring the growth and sustainability of the region’s media industry.

Vision is to be a globally recognized hub for the media industry and a sustainable catalyst and platform for the authenticity, diversity and creativity of media from Abu Dhabi. That’s what Abu Dhabi’s 2030 Vision is all about. It creates a long-term destination for our business and provides us with a mission to drive the media and entertainment industry forward in the region.

Key Benefits of Company Formation in Twofour54:

• 100% foreign ownership,
• 100% repatriation of capital,
• 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
• No currency restrictions,
• Enjoying the benefit of brand name Twofour54 as this free zone is exclusively focused on media related sector and activities
• Strong IP protection framework
• No Security deposit required for employment visa

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.