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Business Setup in Abu Dhabi twofour54 Free Zone

Company Formation in Abu Dhabi Twofour54

Twofour54 is located in the UAE capital Abu Dhabi. It attracts businessmen and investors with its benefits that range from 100% ownership, easy setup, to stable environment.

Home of the Biggest Names

The aforementioned details above are simply just some of the reasons why this location is full of big names in the media industry. Big companies have this their home as it continues to help the world of media industry to thrive. Twofour54 does not fail in delivering.

The Mystery Behind the Name

Many wonders where their name was coined from. It was merely from the geographical co-ordinates of Abu Dhabi (24° North, 54° East). From a simple beginning of a name, it is now a well-known media zone in the UAE.

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  • Following industries you can setup in Twofour54

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Business Setup in Twofour54

    Startups and other entrepreneurs who are looking for a media free zone can put twofour54 in their list of choices. This is a place that any content creator can feel welcome in.

    Fast setup: A quick and easy business setup in twofour54 can be expected because this authority is connected with the government other kinds of services that allow them to process visas quickly.

    No minimum share capital: For startups that are looking to budget everything as they begin, they can do so as there is no minimum share capital required in a business setup in twofour54.

    Location: TwoFour54 is near to logistics means. It is close to international airports, ports, and even just 50 minutes away from Dubai.

    Other benefits and more that can be obtained in setting up a business in twofour54 are listed below:

    • 100% company ownership in a stable environment with no restrictions on capital movements
    • 0% import tariffs
    • 100% exemption from personal income tax
    • 100% exemption from corporate taxes
    • Access to Abu Dhabi Film Commission’s 30% cash rebate on production spend
    • No security deposit per employee visa required
    • Strong IP protection framework
    • Hassle free company registration, laws and legal framework
    • On-site vocational media training academy offering media related courses as well as tailored training solutions for your organization
    • World-class studio production and post-production facilities supported by technical staff, all available for hire during your productions
    • Status of free zone with ability to bid, contract and receive payments directly with UAE government entities
  • Business Setup Requirements & Procedure

    Basic requirements to be furnished to free zone authority for Business Registration in Abu Dhabi Twofour54

    • Certificate of trade name reservation
    • Initial Approval from Media Zone Authority
    • Passports of shareholders (copies)
    • Resume/CV and copy of passport of general manager
    • Office leasing contract
    • Completed personal information sheet (details must be filled by all shareholders and the company manager)
    • Attested and notarized Power of Attorney for legal representative appointment

    For Free Zone Limited Liability Companies and Representative Offices, addt’l requirements include:

    • Legal corporate documents, including Memorandum of Association
    • If applicable, certificate of registration (for parent company of a representative office)
    • Board resolution stating intent of business setup in Twofour54

    The procedure of processing your business setup in Twofour54 Abu Dhabi will range from 2 to 4 weeks.

  • Support Services Offered in Abu Dhabi Twofour54

    FAR Consulting Middle East is one of the leading consulting companies in Abu Dhabi that deals with company formation Abu Dhabi and other things that a firm may need. We assist people who have questions about how to start a business in Abu Dhabi and anything that they are keen to know.

    Our Abu Dhabi Twofour54 company formation service includes:

    • Application for issuance of business registration certificate
    • Account opening from Ministry of Labor
    • UAE Immigration account opening
    • Assistance in leasing a business facility to acquire a business address
    • Business setup requirements processing
  • Business Setup Cost in Abu Dhabi Twofour54

    Abu Dhabi TwoFour54 offers flexible facilities and allows company formation for various business activities. Business consultants in Farahat & Co are qualified and professional to help in the process of setting up a business in Abu Dhabi TwoFour54. The fee table below represents the cost of business setup in Abu Dhabi twofour54 free zone. Please do contact us for a more detailed information on cost of setting up business in Abu Dhabi twofour54.

    Cost for Business setup in TwoFour54 Free Zone Costs

    Business Registration and Licensing Cost Fees
    Application Fee AED 525.00
    Registration Fee for LLC Free
    Registration Fee for Branch Free
    Cost by Trade Licence Type (Select one of the following)
    Business License Fee Free
    Sole Proprietor License (freelancer) Free
    Dissemination Licenses (Starting from) AED 5,000.00
    Setting up a branch office, Dissemination Licenses (Starting from) AED 5,000.00
    Setting up a Branch of a Foreign Company, Dissemination Licenses (Starting from) AED 5,000.00
    Fee for Any Additional Activity (if applicable) AED 1,000.00
    Additional Fees for Business Registration
    Establishment Card AED 755.00
    E-Channel Registration AED 2,080.00
    E-Channel Refundable Deposit AED 5,000.00
    Visa Processing Cost
    Bank Guarantee / Employee Visa deposit AED 2,500.00
    Employment / Residence Visa (Select one of the following)
    Employment / Residence Visa – In Country AED 4,140.00
    Employment / Residence Visa – Out of the Country AED 4,140.00
    Postal Services Cost
    Normal Process AED 1,312.50

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only, as of on 21st September, 2019. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.