Dubai media city is a leading free zone committed to promote the media and Advertising industries in UAE. Business Setup in Dubai Media City offers a huge advantage to media and advertising companies as it provides them with an ecosystem where they can showcase their talent along with the product and services and interact with some of the leading marketing companies in the UAE. Below mentioned are the benefits of having a business in Dubai media city
Business friendly environment
- Global media hub: Dubai media city offers unique collective environment where a work campus is dedicated to the business falling under specific industry value that allows businesses to interact and collaborate effectively with creative minds.
- Ideal home for those within media: media city is a home to a media community for a lot of creative minds. The free zone offers a prestigious workplace for those to wish to dive within global media trade.
- Inexpensive workforce and easy recruitment procedures: within Sharjah free zones free zones we can find inexpensive workforce in these regions. The requirement process and labor laws are very much favorable for both the recruiter and the workforce.
- World class infrastructure: Dubai media city offers high speed data, digital voice services latest technology and community at competitive rates.
- Flexi desk option: aside from multiple visa option, creative city also gives business free hand to operate without the need of physical office presence. Though freelance and single owner packages entrepreneurs can set and run their companies in the fast lane with minimum startup cost and zero requirement of brick and mortar presence.
Free zone status
- Sole ownership: A foreign investor can fully own the business without requirement if a local partner and full repatriation of profits and capital.
- Corporate tax exemptions: companies within the free zones are allowed for corporate tax exemptions
- Repatriation of profits and capital: this free zone allow foreign investors to transfer corporate money back to their home country from UAE.
- Bank account facility: When investors want to transfer their funds into a new region, they need to open a bank account so they can secure their investment. free zone of emirates provides you an ease to open a bank account, so that you can perform daily monetary activity with comfort and peace of mind.
- Flexible registration: company formation in Dubai media city provides an easy registration process. Dubai media city enquirers a number of documents to process licenses and ensure proper compliance as per the UAE laws.
- Flexible business activity: being sector specific free zone business of wide array of creative fields are highly welcomed and incentive for third growth this facilitates sharing of knowledge resources and skills within the zone.
- Easy to sponsor family: Dubai media helps entrepreneurs and investors set up their business, it also helps them sponsor family and employees for residence visa.
- Multiple Visa options: multiple shareholders require multiple visas and Dubai media city offer best visa options.
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Investors can obtain the benefit of ownership for license under the following categories
- Trade license: trade license is required or those who wish to import and distribute product as specified in the license
- Freelance permit: having this type of license offers an individual to operate as a freelance professional. It enables the Practioner to conduct a business under original name.
The actual procedure to setup a business in free zone is mentioned in The official portal of Dubai Media City Authority
Business setup consultants in UAE:
If you are looking to start a business in this Dubai media city consult FAR Consulting Middle East, our professional team can help you in process of registering a company in DMC. To know more about the benefit offered in Dubai media city contact us for further consultation.