Founded by the government in the year 2000, Dubai Media City Free Zone (DMC) serves as a central hub for global media enterprises. Currently, there are more than 1500 companies established within the DMC Free Zone, representing over 140 countries. Dubai Media City has emerged as a regional focal point for various media sectors, including publishing, online media, advertising agencies, production companies, news organizations, and broadcasting facilities.
Dubai Media City (DMC) functions under the authority of Dubai Technology & Media Free Zone (DTMFZ), with all licenses issued by the Registration and Licensing Department within the DTMFZA. DMC is home to numerous international media and entertainment companies such as CNN, CBS, Showtime, and several regional media enterprises.
There are three types of licenses available to accommodate different business needs:
If you're planning to enter in the media industry, Dubai Media City presents a wealth of opportunities for growth and collaboration. This location is renowned for its vibrant networking environment and business-friendly ambiance.
Below is a compilation of business activities that can thrive within this creative community:
The Dubai Technology and Media Free Zone Authority (DTMFZ) is the governing body responsible for approving business establishment in Dubai's media sector.
Here's the sequence of steps to follow for company incorporation in this region:
These are the requisite documents to be furnished as part of the registration process:
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Dubai Media City operates as a free zone exclusively catering to the diverse facets and varieties of media. It made history as the inaugural establishment of its kind in the region in 2001, housing prominent corporations and specialized institutions focused on media and communication disciplines.
Media City in Dubai, also known as Al Safouh First, can be found within the city of Dubai. It benefits from easy accessibility through the main highways in Dubai, ensuring a convenient location for residents to reach various key destinations within the city.
Dubai Media City's Free Zone Business Advantages: Complete foreign ownership allowed. The ability to repatriate all profits and capital. No personal, income, or corporate taxes (with a 50-year exemption). Exemption from customs duties on goods and services.
The time it takes to secure a business license in Dubai Media City can vary depending on several factors, including the type of business, completeness of your documentation, and the efficiency of the approval process. In general, it may take several weeks to a few months. It's advisable to consult with the Dubai Technology and Media Free Zone Authority (DTMFZ) or a business consultant to get a more precise estimate for your specific business setup.