Monday 25 June 2012

Company Formation in Dubai Tecom Free Zone

The Dubai Media City (DMC) is a part of the Dubai Technology and Media Free Zone. It

was formed under Law No. 1 of 2000 of the Emirates of Dubai. The Dubai Media City is

rapidly emerging as a global media hub. The City provides an advanced infrastructure

and supportive environment for media-related businesses to operate globally out of Dubai.
The DMC is fully supported by the Government of Dubai and has established Free Zone

specific corporate laws that empower the companies in the community and help them

grow. The facility offers an environment that allows companies and individuals to operate

with collective synergy and freedom. The Dubai Media City emphasizes “The Freedom

to Create”. The DMC brings to the media community an advanced infrastructure based upon a

global interconnected network, linked by satellites, computers, internet, television,

radio, journalism, cinema and film production. The City is already home to many

international companies including global giants such as CNN, Reuters, Sony Broadcast

& Professional, McGraw Hill Publishing, Bertelsmann, and MBC, along with regional
companies and new start-ups.

  Features:-

• The most advanced scalable IT network.

• Satellite Uplink / Downlink facilities.

• Post production studios and facilities.

• Shared Business Centers.

• Customer Care Center (provides all technical and support service).

• Special facilities for professional freelancers.

• 50 year lease contract for land and building.

• Type of company activities include broadcast services, music, video/audio

  publishing, production and post-production, advertising agencies, studios, etc.

  Form of registration:-

• As a branch of a foreign company - no minimum capital required.

• As a branch of a UAE company - no minimum capital required.

• As a Free Zone Limited Liability Company (FZ LLC) - Minimum share capital is

AED 50,000 and the maximum depends on the authorities after review of the business plan.

Facility costs and type of license
Facility
Size
Cost in AED per annum
Commercial Offices
700 sq.ft onwards
200 per sq.ft
Business Centre
Varies
350 - 450 per sq.ft
1.Registration Fee one time
(FZ LLC) AED 3,500
2.Registration Fee one time (Branch) AED 3,500



         License Type                                              Cost in AED Annum

      Broadcasting Company                                           25,000 - 40,000
       Publishing                                                               20,000
      Above the line (one activity)                                   20,000
      Below the line (one activity)                                   15,000
      Other Commercial                                                   15,000
Freelancer Segment (one activity)                                  7,500

• These figures are indicative and subject to change.


Winston Wambua


For more information please contact me on


Mobile +971553350517

Email: winstonk@live.com

Skype: Winston.Wambua

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