DMC Dubai Media City Free Zone Business Set Up
Start your business in Dubai Media City, a gateway for media ventures!
DMC Dubai Media City Free Zone is a vibrant business hub by TECOM Group, emphasizing on the media industry in the MENA region. Established in 2001, DMC hosts over 4,500 companies, and is known as “The Capital of Arab Media”. It has become a global hub for international media firms like American Express, Philips, Walt Disney, and Amazon.
The media epicenter offers a world-class environment for business setup, with futuristic infrastructure, modern boutique offices, and commercial areas fostering the growth of media industries, and other related businesses.
If you are looking to start a business venture in Dubai, read on about the numerous business opportunities in Dubai Media City Free Zone. Who knows, it might just be your next destination!
Key Benefits of Setting Up a Company in the DMC Free Zone
Dubai Media City (DMC) Free Zone is an ideal destination for media and communication companies seeking a vibrant and supportive business environment. It is located in a prime location, housing thriving global media companies.
Setting up a business in Dubai Media City Free Zone comes with numerous advantages:
- 100% Foreign Ownership
- Dynamic International Community
- Full Repatriation of Profits
- No Minimum Capital Requirement
- Tax Exemption on Personal/ Corporate Income
- No Duties on Exports/ Imports
- Easy and Quick Business Set-Up
- Strategic Location
- Various Business Activities Allowed
- Modern Residential Units Available
- Fast Track Visa Services
- Freelancer Packages
Types of Licenses Offered by Dubai Media City Free Zone Authority
The Dubai Media City Free Zone Authority offers various licenses to cater to different business needs:
- Media License: For businesses engaged in media activities such as advertising, publishing, broadcasting, and film production.
- Freelance Permit: Allows individuals to operate as freelancers in specific media-related fields.
- Consultancy License: For companies offering media consultancy services.
- Event Management License: For businesses involved in organizing and managing events.
- E-commerce License: For companies engaging in online trading of media-related products and services.
Legal Entities Permitted By DMC Authorities
An individual or a corporate representative can register their business in the DMC Free Zone as one of the following legal structures:
- Free Zone Limited Liability Company (FZ-LLC): Formed with a minimum of one shareholder.
- Free Zone Company (FZCO): It is a business with 2 to 5 shareholders.
- Branch of a Foreign Company: Allows an existing company to open a branch in DMC.
- Branch of a Local Company: A registered UAE company can apply for the setup in the DMC Free Zone.
- Freelancer: Individuals can register as freelancers and operate under their own name.
Business Activities Allowed in Dubai Media City Free Zone (DMC)
Dubai Media City, as the name suggests, is a zone for businesses that primarily fall into the media category. The free zone authority allows the following business activities:
- Media and Marketing
- Event Management
- Publishing
- Communications
- Media Consultancy
- Broadcasting
- Media Production
- News Media
- Media Support Services
- Journalism
- Web Design and Development
- Music and Entertainment
- Public Relations
- Freelancing
- Advertising
- Brand Consultancy
- Fashion
How to Set Up a Business in Dubai Media City Free Zone [Steps]
Follow these steps to initiate your business setup process, and set the foundation for your dream company in Dubai Media City:
Select Your Business Activity
Determine the kind of business you want to start in the DMC Free Zone.
Choose Your Trade Name
Select a trade name for your company. Make sure it complies with the regulations of DED.
Choose a Legal Structure
Select the type of company you want to create in the DMC. It could be a Free Zone LLC, FZCO, a branch of a foreign company, or a local company.
Apply for Your DMC License
Submit an application to the DMC Authority for a license. Make sure all the necessary documents are submitted.
Lease Office Space
After the initial approval, the next step is to lease an office space in Dubai Media City.
Open a Bank Account
Open a corporate bank account for your company and make the required payments to the DMC Authority.
Obtain Your Licenses and Permits
Obtain your DMC license and applicable permits. Finally, you can start your business in the Dubai Media City Free Zone.
Start Your Business Today with Solutions FZCO!
Dubai Media City is a popular choice among foreign investors, thanks to its world-class facilities and global presence. Choose a suitable business activity and get your trade license early with the support of the best consultants in Dubai.
Our team of experts provides comprehensive support, from initial consultation to final setup, ensuring a smooth and hassle-free experience. Ready to set up your business in Dubai Media City Free Zone? Solutions FZCO is here to guide you through every step of the process.
Contact us today and let us help you set up your dream business in DMC with our local contacts streamlining the path towards achieving your goals.
