Establishing a company in Dubai Media City

Establishing a company in Dubai Media City is one of the important types of investments that provides investors with many facilities and logistical services. The Dubai Media City Free Zone is considered one of the most important free zones in the Middle East, which includes various types of media sectors. In the following lines of this article, we discuss establishing a company in the Dubai Free Zone, Dubai Media City, the advantages of the region, in addition to the steps for establishing a company in the Dubai Free Zone, Dubai Media City.

 

Establishing a company in Dubai Media City

Establishing a company in the Dubai Free Zone, Dubai Media City

Dubai Media City specializes in media work in all forms and forms and is considered a regional and global center for media. The UAE government established the free zone in Dubai Media City in 2000 and is owned by Dubai Holding Company. The free zone in Dubai Media City includes the largest Arab and international media companies. The Dubai Media City Free Zone is witnessing remarkable development and growth and is one of the important sources of local production in the UAE, as the number of companies registered in the Dubai Media City Free Zone reaches thousands of companies owned by investors from various countries of the world.

Legal forms for establishing a company in the Dubai Media City Free Zone
The legal forms for establishing a company in the Dubai Free Zone, Dubai Media City, vary to suit different investment activities and different investors as follows:

  • First: One-person company. This type of legal form of company is owned by only one person and is often limited in liability and is symbolized as follows: FZCO.
  • Second: Private persons company. This type of legal form of company is owned by more than one person and is often limited in liability and is symbolized as follows: FZCO.
  • Third: A sole proprietorship. This type of legal form of company is owned by one person or legal entity and is symbolized as follows: FZE.

 

Advantages of establishing a company in the Dubai Free Zone, Dubai Media City

  • The costs of establishing a company in the Dubai Free Zone, Dubai Media City, are characterized by flexibility and low costs.
  • Dubai Media City Free Zone is distinguished by its distinctive strategic location close to the heart of Dubai, Dubai International Airport and the Jebel Ali area.
  • Export tax exemption clause for establishing a company in the Dubai Free Zone, Dubai Media City.
  • Tax exemptions on companies, personal income and salaries for employees working in the Dubai Media City Free Zone.
  • Customs exemptions on imports when establishing a company in the Dubai Free Zone, Dubai Media City.
  • Flexibility and ease in hiring employees and skilled workers thanks to its presence in the heart of Dubai, in addition to the right to hire employees from any country in the world.
  • Strong infrastructure, which includes a transportation network and advanced train lines with a global system.
  • There are no restrictions placed on foreign currency or transferring funds into and out of the company’s accounts, and there are no restrictions on the salaries of foreign employees and the freedom to transfer them outside the Emirates.
  • Full foreign ownership on establishing a company in Dubai Free Zone, Dubai Media City.
  • The right to own real estate and offices necessary to conduct business and establish a company in the Dubai Free Zone, Dubai Media District.
  • Complete freedom to dispose of profits and recover capital in addition to the right to sell the company without interference or restrictions.
  • The UAE government provides workers in the Dubai Media City Free Zone with health insurance and medical services through service providers with the highest level of efficiency.
  • Flexibility in obtaining residence permits for employees and workers of companies in the Dubai Media Free Zone, as well as residence permits for their families and enrolling them in schools and universities.

 

Steps to establish a company in the Dubai Free Zone

The steps to establish a company in the Dubai Free Zone, Dubai Media City, include several legal procedures and documents that end with receiving the commercial license necessary to start activity in the Dubai Media City Free Zone.

  • Reserve and register the trade name

The company’s trade name must be determined in accordance with the conditions issued by the Department of Economic Development in Dubai and then registered. Here are the conditions necessary to determine the trade name:

  • The trade name must reflect the nature of the company’s activity.
  • It must not include the name of a government entity or include the word “God”.
  • It should not be similar to the name of another company.
  • It should be followed by a brief of the company’s legal form.

 

  • Determine the legal form 

To establish a company in the Dubai Free Zone, Dubai Media City, the legal form of the company must be determined and the form must be linked to the trade name.

  • Obtain initial approval

Initial approval must be obtained from the competent authorities concerned with the company’s activity, which is one of the basic conditions for establishing a company in the Dubai Free Zone

  • The company’s business location

To establish a company in the Dubai Free Zone in Dubai Media City, it is necessary to identify a business location or office as the company’s headquarters and submit a contract authenticated by the Dubai Real Estate Regulatory Authority.

  • Receiving the commercial license

Another way to establish a company in the Dubai Free Zone is to obtain a commercial license, after paying all fees related to the license, then receiving it from the service provision centers in Dubai to officially begin learning and registering in the Emirates Chamber of Commerce as a member.

 

Establishing a company in the Dubai Free Zone?

Establishing a company in the Dubai Free Zone requires an expert to deal with government agencies and undertake legal procedures in the fastest time and at the lowest costs. For more information about establishing a company in the Dubai Free Zone in the Dubai Media District, contact us now. We provide the necessary consultations and services for investment in Dubai as follows:

  • We have business consultants and service providers to provide integrated solutions to all problems.
  • Registration of companies in the Dubai Free Zone, Dubai Media City.
  • Providing a clear and accurate feasibility study for the company and clear plans and strategies.
  • Obtaining and renewing the commercial license as quickly as possible.
  • Providing technical support to answer inquiries and solve problems that may arise.
  • Providing the necessary office space for rent and storage warehouses in the Dubai Free Zone.
  • Undertaking all procedures for establishing a company in the Dubai Free Zone and dealing with government agencies.
  • We provide packages suitable for different sizes of companies and business leaders.

Do not hesitate to contact us, as we are the right choice to support you in your investment journey in Dubai from A to Z. Contact us now and get your advice from the most experienced advisors.

In this article, we discussed 5 steps to establish a company in the Dubai Free Zone, Dubai Media City (reserving the trade name and registering it in the competent authority, determining the legal form of the company, choosing a workplace for the company, obtaining initial approval and finally obtaining the commercial license) The advantages that fall on the investor and the pioneer Business when investing and establishing a company in the Dubai Free Zone in Dubai Media City. We learned about the legal forms of companies in the Free Zone in Dubai Media City.

 

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