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Business Setup in Dubai Studio City (DSC)

Business Formation in Dubai Studio City (DSC)

Dubai Studio City was established in 2005. Just like a number of other free zones, it is part of the TECOM Investments. It is quite similar to Dubai Media City as it caters to media as well, such as Dubai freezone companies that are looking to build movie studios, sound stages, etc. for their needs.

Business setup in Dubai Studio City is also ideal for those businessmen who are looking to establish academies for film and television, entertainment, hotels (for the accommodation of crews and casts), etc.

It can be said that this Dubai free zone authority is considered as a world-class hub. The industry for media production, music and entertainment, and broadcast belong in this zone. Its infrastructure and support system say a lot to what it can offer to the needs of the business owners and what their companies require. This is why a business setup in Dubai free zones for this kind of industry is usually done in Dubai Studio City.

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  • Following industries you can setup in DSC

    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 Dubai Studio City (DSC)

    Business setup in Dubai free zones is the common venture that business owners invest in. For businessmen who are into entertainment, movie production, and the likes, they come to Dubai Studio City for freezone company formation since its facilities and solutions meet the exact requirement that their companies demand.

    A lot of benefits are offered by this location. Investors find these advantages as huge bonuses for their venture. The list of this Dubai free zone benefits are listed below:

    • 100% foreign company ownership
    • Corporate income is non-taxable
    • A business in DSC can repatriate capital and gains
    • Duties for imports/exports are low
    • Faster company formation procedure
    • Low operational and startup cost
    • Laws and regulations are stable and transparent
    • Less capital requirement
  • Business Setup Requirements & Procedure

    Documents Required for Company Registration in Dubai Studio City
    • Registration Application Copy
    • Notarized Company Incorporation Certificate
    • Memorandum of Association
    • Copies of shareholders’ CVs
    • Board resolution for formation of FZ LLC, FZE, or Representative Office
    • No objection letter (for appointed general manager)
    • Bank reference letter (for each shareholder)
    • Passport copies of members and directors
    • Proof of payment of minimum share capital from UAE-established bank
    • Unit title deed

    Additional Documents Required for a Corporate Shareholder and for Branch

    • Attested and notarized Memorandum of Association/Article of Association—it must be attested from the UAE Embassy at the place of origin.
    • Board resolution to be resolute by the board of directors of your existing company/entity at the place of origin, expressing intent of establishing a new setup abroad—it must be attested and notarized by the UAE Embassy (template will be forwarded by our firm).
    • Certificate of registration (if applicable) of your existing company/entity, license, or certificate of incorporation of your existing company/entity attested and notarized by the UAE Embassy

    After your application is approved, the authority will issue an initial approval for your business. The next steps that will be taken are as follows:

    1. Choose a ready-fitted office space from (DSC) selection that’s the most appropriate size and layout for your business requirements
    2. Or decide whether you’ll require DSC-regulated contractors for fit-out service for your office or if you’ll be doing that independently

    Then, once the office is finalized, the following steps will be taken:

    1. Lease agreement will be prepared
    2. Office keys can be collected

    After that, we will start the preparation of the legal documents and summation.

    When all the above is complete, your business license will then be issued along with the share capital certificate if the capital is paid in full.

    The procedure of processing your Dubai free zone company registration will range from 2 to 4 weeks

  • The procedure of processing the company setup would range from 2 to 4 weeks.

  • Support Services Offered in Dubai Studio City (DSC)

    FAR Consulting Middle East is one of the leading consulting companies in Dubai that deal with corporate business services Dubai. We assist people who have questions on how to open a business in Dubai.

    FAR Consulting Middle East helps businesses establish in company setup in Dubai Studio City by covering the crucial aspects of DSC business setup, which are as follows:

    • Selection and registration of corporate structure – the firm’s business setup consultants in Dubai not only handle the registration of your business to free zone authorities, but also help in the selection of the correct legal entity by outlining the services or activities of the business.
    • Company name and trademark advisory and registration – business setup in Dubai Studio City of the firm includes advisory and application for the registration of a trademark or company name, which has to contain no reference to existing organizations or language considered as blasphemous in the UAE.
    • Application of a free zone license – there are a number of licenses and permits issued to individuals and businesses. Our experts can help in the selection and issuance of the licenses necessary, depending on services and business activities.
    • Visa application – apart from applying for business licenses, our business setup team can also apply for visas of employees and company directors. The maximum number of visas that can be applied for depends on the license issued to the business and the size of the company.

    Bank account opening – as experts in the process of business setup in the free zone, the inhouse specialists of FAR Consulting Middle East can advise on the best bank that suits your needs. We can also arrange an appointment for you to open a corporate bank account.

  • Business Setup Cost in Dubai Studio City (DSC)

    Farahat & Co has an experienced consulting team that efficiently handles business setup in Dubai. The below fee table represents an estimation of the cost involved for company formation in Dubai Studio City. Please do contact us for a detailed guide on setting up a business in Dubai.

    Cost for Business setup in Dubai Studio City (DSC)

    Business Registration and Licensing Cost Fees
    Registration Fee AED 3,500.00
    Knowledge Fee & Innovation Fee AED 20.00
    Cost by Trade Licence Type (Select one of the following)
    Service License Fee (Starting from) AED 15,000.00
    Trading License Fee AED 15,000.00
    Local Branch Company Registration (Starting from) AED 15,000.00
    Foreign Branch Company Registration (Starting from) AED 15,000.00
    Additional Fees for Business Registration
    Fee for Any Additional Activity AED 10,000.00
    Establishment Online Application (Starting from) AED 1,980.00
    Chamber of Commerce Fees AED 2,200.00
    Visa Processing
    Bank Guarantee / Employee Visa deposit AED 2,500.00
    Employment / Residence Visa – In Country (Starting from) AED 2,720.00
    Postal Services
    Empost Representative Card AED 300.00
    P.O.BOX Services Fee (Select one of the following)
    PO Box Light (Starting from) AED 1,170.00
    PO Box Standard (Starting from) AED 2,020.00
    Ezimail Bronze (Starting from) AED 3,770.00
    Ezimail Silver (Starting from) AED 6,270.00
    Ezimail Gold (Starting from) AED 12,270.00

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only, as of on 19th 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.