Twofour54, Abu Dhabi's premier free zone, was established with the vision of transforming the emirate into a hub for content creators and media-related enterprises. The remarkable expansion of this free zone is a testament to its success in accomplishing this objective, drawing in a substantial influx of foreign investors annually. Twofour54's business setup process is characterized by remarkable flexibility, making it a magnet for international investors who are drawn to its forward-looking regulations, strategic positioning, and top-notch business support services.
Key media players like CNN, Sky News Arabia, Image Nation, Bidaya Media, and Flash Entertainment have chosen Twofour54 for its cutting-edge facilities. It's not just an industry hub but also a space for startups and SMEs to network. Plus, it's an ideal location to set up a company in Abu Dhabi with business setup consultants readily available.
To initiate your business setup at Twofour54, entrepreneurs should begin by familiarizing themselves with the accepted legal entity options in this free zone. Your choice of legal structure will determine the number of shareholders your company can have. Twofour54 allows for various types of businesses, and here are the approved options:
The prevalent business structure in the Twofour54 free zone is the Free Zone Limited Liability Company (FZ-LLC), which allows 2-50 shareholders comprising individuals, corporate entities, or a combination of both. If you have any uncertainties, it's advisable to seek guidance from Abu Dhabi business setup experts to clarify legal aspects.
Twofour54 welcomes the establishment of branch offices on its premises for businesses looking to expand into Abu Dhabi. Companies, both local and international, have the opportunity to set up branches in the Twofour54 free zone, provided their activities align with those of the parent company. Simplify the branch formation process by utilizing top-tier business setup services in Abu Dhabi.
Those seeking self-employment in Twofour54 can secure a freelance permit, allowing them to operate under their personal name instead of a company title. Freelancers here enjoy access to state-of-the-art Flexi-desk amenities and networking opportunities with fellow professionals. Expert business setup advisors in Abu Dhabi are available to assist with the necessary legal procedures for obtaining the freelance permit.
Selecting a business activity is the pivotal step in establishing your venture within the Twofour54 free zone. This zone encompasses profitable sectors like content production, publishing, and various media-related services. Expert consultants in Abu Dhabi can assist investors in making the right choice from a diverse range of available activities.
Company formation in Twofour54 is straightforward, with the option to consult business setup advisors in Abu Dhabi for a smooth process, which involves the following steps:
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Twofour54 Free Zone allows a wide range of business activities, including:
There are many benefits to setting up a business in Twofour54 Free Zone, including:
There are two types of business licenses available in Twofour54 Free Zone:
The steps involved in setting up a business in Twofour54 Free Zone are as follows:
The cost of setting up a business in Twofour54 Free Zone depends on the type of business license and the size of the business. However, the initial setup costs are relatively low, and there are a number of waivers and discounts available for new businesses.
Yes, Twofour54 provides a range of services to help businesses set up and operate in the free zone. These services include: