Dubai Media City (DMC Free Zone) is a world-renowned media business community that is home to regional and international companies, providing a vibrant and creative environment for businesses to grow and thrive.
For the past 20 years, Dubai Media City (DMC Free Zone) has cemented its position as the region’s most credible media community that houses the largest global and local media brands. It’s a community where freelancers, startups, SMEs, and large enterprises co-exist, contributing to Dubai being named “The capital of Arab Media 2020.”
About DMC Free Zone
More than 1,300 registered entities in the DMC (Dubai Media City) free zone. DMC is the favorite media hub for the most significant media (and other) corporations in the UAE and the Middle East, such as BKP Media Group, International Logistics Services, and more on the list. Since 2000, Dubai’s media city has been the center of most media business operations in the Emirates. Additionally, the International Cricket Council (The world’s top Cricket organization) gives both the residential and commercial areas in the free zone and areas nearby a special significance.
Check out the official community directory. It is a complete database of all corporations existing in DMC (Dubai Media City). The list is massive and contains names of international businesses in many fields, media, TV stations, Web stations/channels, transportation and shipment, logistic services, hospitality, food & beverage, and more. There is always room for startups in such diverse economic surroundings. And that’s why there are too many registered corporations in DMC.
UAE’s free zones are known to be more attractive to foreign investments than anywhere else due to the reasons you already know. Though, DMC free zone is a shiny opportunity for media companies’ foreign related parties who spend much time in the Emirates and consider having a business in the UAE.
Benefits of DMC Free Zone
The free zone of Dubai’s media city holds 63 massive buildings, and around half of that count is still under construction. The developments’ technologies and ideology is exceptional. More than 500 Media and TV corporations operate in the place! As with every other free zone in UAE, the city/spot is for a specific and specialized purpose. Masdar city is one of the most sustainable spots on earth and for all businesses that can benefit from sustainability. Sharjah Publishing City Free Zone is the best in the world, with superior facilities for printing corporations. And so for DMC, it is the perfect zone for anyone who works in media.
Types of Licenses in DMC Free Zone
DMC Free Zone offers a range of licenses that cater to the specific needs of companies operating in the media and creative industries. The following are the various types of licenses available:
- Commercial License: This license is issued to companies engaged in commercial activities such as trading, buying, and selling goods or services.
- Service License: This license is issued to companies that provide professional or personal services such as consultancy, management, and technical services.
- Freelance Permit: This permit is issued to individuals who wish to operate as freelancers in the media and creative industries. The permit allows them to conduct business activities under their name.
- Event License: This license is issued to companies engaged in organizing events, exhibitions, and conferences.
- Film and TV Production License: This license is issued to companies engaged in the production of films, television shows, and other forms of media.
- Publishing License: This license is issued to companies engaged in publishing activities such as printing, publishing, and distribution of books, newspapers, and other forms of media.
Benefits of setting up a company in DMC Free Zone
The DMC Free Zone is located in the heart of Dubai, offering easy access to major highways and transportation hubs. This makes it an ideal location for businesses that need to transport goods and services.
Favorable Tax System
The DMC Free Zone offers a favorable tax system for businesses. There is no corporate or personal income tax, no import or export tax, and no currency restrictions. This makes it an attractive location for businesses looking to minimize their tax burden.
Wide Range of Business Activities
The DMC Free Zone allows for a wide range of business activities, including trading, manufacturing, and service-related activities. This makes it an ideal location for businesses in various industries.
The DMC Free Zone offers a business-friendly environment, with streamlined processes and procedures for company formation and registration. They also have a dedicated customer service team that is available to help with any inquiries or concerns.
The DMC Free Zone offers state-of-the-art infrastructure, including modern office buildings, advanced telecommunications, and IT infrastructure. This ensures that businesses have access to the latest technology and facilities to operate efficiently.
Free Zone Benefits
The DMC Free Zone offers a range of benefits for businesses, including 100% foreign ownership, 100% repatriation of capital and profits, and no restrictions on the number of visas that can be issued. They also offer access to a network of business services and facilities, including banks, legal services, and business centers.
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