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Dubai Media City, Dubai Media City Company Formation | DMC Business Setup

Dubai Media City Company Formation | DMC Business Setup


Dubai Media City, Dubai Media City Company Formation | DMC Business Setup

Dubai Media City (DMC) is the regional hub for all media organizations. DMC houses the largest global and local media brands and digital companies. Dubai Technology & Media Free Zone Authority (DTMFZA) is responsible for the establishment and registration of companies in Dubai Media City. DMC provides an integrated creative ecosystem with 24,000+ professionals and 1,600+ business partners. Some of the featured partners are Disney, BBC, Spotify, CNN, JCDecaux, and others.


Dubai Media City Business Setup Benefits 


The benefits enjoyed by a business setup in DMC are: 

0% personal income tax 

100% capital repatriation 

Special licensing and freelance permissions 

Prime location 

100% repatriation of profits 

100% foreign ownership 


Business structures at Dubai Media City 


Available business structures include: 

1. Free Zone Limited Liability Company 

It is a wholly-owned company or an independent legal entity where at least one director is required. 

2. Branch office of a UAE Company  

It is not a separate legal entity and conducts operations of the parent company’s business. 

3. Branch office of a Foreign Company  

With no minimum share capital prerequisites, it is 51% locally owned. 

4. Freelance Permit   

This gives an individual the liberty to operate as a freelance professional. 


Offerings

Offerings of Dubai Media City are as follows: 

  1. Commercial Spaces – Multiple flexible and strategically located offices are available. 
  2. Co-working Spaces – Fully integrated and ready to use space suiting everyone. 
  3. Boutique Studios – Offices and attached studios, which are a great fit for production companies. 
  4. In5 – Innovation platform for all start-ups, design, and tech companies. 
  5. GoFreelance – Easy place to start a freelancing career in education, media or technology. 
  1. Retail – A number of dynamic retail options are available. 
  1. Light Industrial Units – Strategic and multi-purpose light units are available. 
  1. Sound Storages – They range from 11,000 to 50,000 sq. ft. and are equipped with grid and catwalk systems, water tanks, elephant doors, etc. 
  1. Warehouses – Strategic and multi-purpose warehouses exist in DMC 

DMC Company Formation Process 


1. Free Zone Limited Liability Company (FZ-LLC) formation at Dubai Media City

For Individual Shareholder 

Step 1 : Submit the application and present the following documents for approval: 

  • Application form for the License 
  • Business Plan 
  • Valid passport copy(s) of: 
    • Shareholders of the proposed company 
    • Manager of the proposed company 
    • Director(s) of the proposed company 
    • Legal representative, if appointed 

Step 2 : Submit documents and make the payments 

  • Submission of the documents 
  • Selection of suitable commercial space 
  • Payment of necessary fees 

The documents include: 

  • Application for Registration 
  • CV of Shareholder(s) 
  • Bank Reference Letter for Shareholder(s) 
  • Resolution for the Incorporation of the FZ-LLC 
  • NOC for the Manager which has to be from the Current UAE Sponsor  
  • RIC form for Shareholder(s), director(s) and manager 
  • Deposit Receipt in Trust Account or Proof of Share Capital from Bank  

For Corporate Person as a shareholder 

Steps 1, 2, and 3 of the company formation process of a corporate person as a shareholder are the same as that of an individual; the only difference lies in the documents that are to be submitted. The documents to be submitted to Dubai Media City include: 

  • Application for Registration
  • Company Incorporation Certificate
  • Certificate of Continuity or Existence or Good Standing
  • Memorandum of Association and Article of Association of Parent Company
  • Resolution for Incorporation of FZ-LLC
  • NOC for Manager which has to be from current UAE sponsor
  • RIC form for Shareholder(s), Director(s) & Manager
  • Deposit Receipt in Trust Account or Proof of Share Capital from Bank
Dubai Media City, Dubai Media City Company Formation | DMC Business Setup

For Individual and Corporate Person as a shareholder 

All the steps are the same as above, but the documents mentioned for both the individual and corporate shareholders will be required here in this case. 

2. Branch of a Foreign Company Formation at DMC 

All the steps are the same as above; only the requirement of documents is as follows: 

  • Application for Registration 
  • Trade License of the Parent Company issued by DED 
  • Memorandum of Association and Articles of Association of the Parent Company 
  • Resolution for the establishment of Branch 
  • NOC from the Current UAE Sponsor 
  • RIC form for Manager 

3. Branch of a UAE Company Formation at Dubai Media City 

Step 1 : Submission of an application form for a license, UAE license copy, and business plan: 

It is important to note that only the companies that have been carrying their operation for a period of at least two years will qualify for setting up a branch. 

Step 2 : Submission of the documents, selection of commercial space, and then payment of fees: 

The documents required are the same as stated for a branch of the foreign company. 

Step 3 : Signing and collection of your lease and license: 

The documents of lease and license are signed and collected.  

4. Freelance Permit at Dubai Media City 

Freelance permit recognizes you as an individual practitioner, which allows you to set up your business in your birth name and not as a brand name. The business setup process of a freelancer is divided into the following three steps: 

Step 1: Submission of the application form for the license, valid passport copy of the applicant, business plan, personal reference letters (a minimum of 3), and portfolio or sample of work of the applicant. 

Step 2: Submission of the documents, selection of suitable commercial space and payment of the necessary fees. The documents include- 

Dubai Media City, Dubai Media City Company Formation | DMC Business Setup
  • Application for Registration
  • CV of Freelancer
  • Bank Reference Letter for Freelancer
  • RIC form of Freelancer

Step 3: Signing the occupant agreement and collection of the Freelance Permit. 


Frequently Asked Questions 


Are accommodation facilities available in Dubai Media City? 

Yes, accommodation facilities are available and are in close proximity to DMC. 

What are the rules related to minimum capital requirements at DMC? 

There are certain minimum capital requirements for FZ-LLC, but on the other hand, branch establishments have no minimum capital requirements. 

What is the minimum shareholder requirement for a Dubai Media City company registration? 

The minimum number of shareholders is one. 


Dubai Media City, Dubai Media City Company Formation | DMC Business Setup
DMC Business Set-up

N R Doshi & Partners


With a clientele of 2,500+ and a partnership with 11+ companies, we, at NR Doshi and Partners, are just the right choice for your business. In our 34 years of experience, we have built a team of professionals that specialize in the field and provide you with just the right approach. 

We are adept at guiding our clients through all the steps of the business setup procedure in a detailed manner. We provide proper and all the necessary information for the setup of a company. Our knowledge and experience can help you define the costs involved in a structured manner and plan out the process for efficient execution. 



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