Dubai Media City (DMC) Company Formation
- 100% Business Ownership & Capital Repatriation
- Strategic Location
- Globally Recognized Free Zone
- Zero Capital Investment Reuirement
- Business licences that start at AED 7,500
Home » DMC Free Zone
Why Setup in Dubai Media City (DMC) Free Zone?
Dubai Media City houses the largest global and local media brands spanning 142 countries. Recognized as “The capital of Arab Media 2020”, this free zone is where the community of freelancers, startups, SMEs and large enterprises co-exist. Are you a media company looking to take advantage of one of the emerging free zones in UAE? Speak to our Dubai Media City Free Zone Company Formation consultant and understand the numerous benefits of company formation in Dubai Media City.
Skwer Group Experts will guide you through the company formation in JAFZA process from bank account opening in UAE, submission of paperworks, to all the approval process, and other value added services like Investment Consultancy, Accounting and Audit services, we have you covered!
Prices starting from AED 8,000
Average business setup time: up to 4 weeks
Why setup a Dubai Media City Free Zone Company ?
100% Business Ownership and Capital Repatriation
Freelancer friendly
International Community
Variety of Commercial Spaces
Tax Exemption
Simplify Your UAE Business Setup: License Categories and Activities in Dubai Media City Free Zone
DMC provides distinct license categories that cater to specific business activities:
- Commercial License
- Professional License
- Industrial License
- Services License
Each license category is tailored to match your intended business operations.
Diverse Business Opportunities:
DMC serves as a vibrant hub for a range of business activities, including:
- Media Production
- Advertising and Marketing
- Broadcasting
- Publishing
- Events Management
- and more
Freelance Opportunities:
In addition to these exciting business avenues, Dubai Media City offers Freelance permit options. Freelancers can operate under the TECOM authority within DMC, enabling them to work independently and establish their professional identity.
The freelance permit allows you to operate under your birth name, positioning you as a sole practitioner in your field. Moreover, the Dubai Media City freelance visa permits you to reside in the UAE and sponsor your family, providing freelancers with stability and growth opportunities.
Consider DMC for your company setup if you’re looking to excel in media-related ventures or explore freelance opportunities. With its specialized license types and freelancer provisions, DMC empowers you to succeed in a dynamic business landscape
Quick & Easy Company Setup Process
Get Your Media City Free Zone Company Register with Skwer Group!
Business Activities in Media City Free Zone
Media & Marketing
License for media and marketing agencies.
Brand Consultancy
License for providing services in branding management.
Creative & Digital
License for services related to creative and digital.
Communications
License for business in the communications sector.
Advertising
License for advertising agencies.
Types of Ownership
01
Free Zone Establishment (FZE)
An FZE, or Free Zone Establishment, represents a Limited Liability Company with a solitary shareholder, who can be either an individual or a non-individual entity (company).
02
Free Zone Limited Liability Company (FZ-LLC)
FZ-LLC. On the other hand, an LLC is a business structure that merges the favorable attributes of both a sole proprietorship/partnership and a genuine corporation. Generally requires 2 or more shareholders. Maximum of 5 shareholders.
03
Branch of Local Company
A Branch denotes an extension initiated by a parent company within DMC Free Zone, featuring complete ownership by the parent company and governed by its name and activities.
04
Limited Liability Company (LLC)
LLC allows non-residents to own up to 49% of company shares. To establish an LLC, foreign investors are required to appoint a local sponsor or partner who holds the remaining 51% of shares. This arrangement permits business operations within the free zone area of registration and across the UAE.
Main Characteristics of a DMC Free Zone Business Setup
Characteristic | Description |
---|---|
Company Legislation | Regulated by Dubai Development Authority |
Time to Incorporate | 10 to 30 Days |
Possibility of Migration | Yes |
Tax Rate | VAT at 5% |
Shareholders | 1-2 |
Share Capital | AED 50,000 |
Bearer Shares | No |
Beneficial Ownership Disclosure | Shareholder, Director and Manager details are provided to JAFZA, but are not publicly available |
Directors | One as minimum and no limit for maximum (only individual) |
Manager | One (individual) |
Secretary | One (only individual) |
Local Presence Requirements | Yes, for Manager only |
Availability of Shelf Companies | No |
Meetings | No |
Annual General Meetings | Yes |
Annual Accounts | Yes |
Filing of Accounts | No |
Audit Requirement | No |
Registered Office Required | Yes |
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Documents Required for Dubai Media City Free Zone
Free Zone Establishment (FZE)
Requirements: | Status |
---|---|
License application form | |
Proof of Share Capital of AED 50,000 | |
Business Plan | |
NOC (for UAE residents) | |
Emirates ID (for UAE residents) | |
Visa Copy | |
Passport Copy and Passport size photo |