Dubai Media City (DMC)

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DUBAI MEDIA CITY (DMC)

1. BACKGROUND

Dubai Media City (DMC) was built by the Dubai government to establish UAE’s media foothold. Since its official opening in 2001, it has fast become a regional hub for media organizations including news agencies, publishing, online media, advertising, production, and broadcast facilities. The business park offers an environment for media companies and individuals to operate with collective synergy and freedom while enjoying value added services such as networking opportunities, venue management services, industry building programs and government services. DMC has become a major hub with more around 1,500 companies being registered under the Free Zone, from where they serve the entire region, with around 142 nationalities and 25000+ workforce.

DMC is regulated by an independent government body, Dubai Creative Clusters Authority (‘DCCA’) which is responsible for the establishment and registration of companies in the free zone. DCCA develops and implements transparent regulations, in accordance with international standards, which ensure that the companies operating in the free zone can compete effectively and globally.

2. INCENTIVES

100% foreign ownership
100% import and export tax exemption
100% corporate/ personal income tax exemption
100% repatriation of capital and profits
No customs duties, assessments or tolls
Eligibility for residence visa
Quick access to Knowledge Workers due to fast-track immigration process
24-hour visa service
A unique cluster environment where businesses across the industry value chain share a work campus dedicated to their industry, and can interact and collaborate effectively
One-stop-shop service that provides business partners with a variety of government services , including licensing, visa, traffic and postal services

3. TYPES OF LICENSES

DMC License can be obtained as a Free Zone Limited Liability Company (FZ-LLC), with natural or corporate shareholder(s) or as a Branch of a foreign/ UAE Company
Freelance Permit – offers the ability to operate as a freelance professional. The Permit identifies the investor as a sole practitioner and enables him to conduct business in his birth name as opposed to a brand name.

4. FACILITIES

Shell and core offices: office with area ranging from 700 – 2000 sq ft.ranging from AED 95 per sq ft. to AED 190 per sq ft.- visa quotas are 1 per 80 sq ft.
Small Executive offices: these are available within the business center starting from AED 72,000 (max of 3 visas) and upto AED 188,000 (7 visas)

5. APPLICATION

If you wish to have further information on DMC or any other free zones in the UAE, please feel free to contact us at contact@motei.com to arrange for a consultation meeting with one of our corporate team.

Application Form