Tuesday, 19 June 2012

Company Formation in Dubai International Media and Production Free Zone UAE

Dubai's International Media Production Zone (IMPZ) seeks to create a unique cluster environment for media production companies from across the industry value chain, and from across the world, to interact and collaborate effectively.Catering exclusively to companies in the following industries – Graphic art, Publishing and Packaging – IMPZ is an initiative of the visionary Dubai government, under the patronage of parent company, TECOM Investments (A member ofDubai Holding). As a master developer, IMPZ will provide an environment of growth by building key facilities, investing in infrastructure, and forming a unique free zone that incorporates industrial, commercial, residential and community service projectsunder its mantle. The vast complex will be housed on a territory of over 43 million square feet of land, in the heart of commercial Dubai. The IMPZ initiative is part of Dubai's vision to develop itself into a global media hub. As such, it will provide a pro-business environment, sophisticated technology and community infrastructure to support and foster the growth of media production.

Key investments

IMPZ has committed to an initial investment of approximately US$ 280 million and it is expected that tenants in the printing and packaging business will invest a further US$ 280 million in machinery alone.

Irresistible advantages

The IMPZ initiative is designed to bring a wide range of benefits to the industry. As with other free zones in Dubai, companies joining IMPZ can avail of 100 per cent ownership and will be exempt from almost all corporate and personal taxes including those for machinery, equipment, raw materials and spares utilized by the industry. Furthermore, rules governing media production have been simplified to provide maximum ease of operations. The innovative concept of creating a cluster of similar businesses in physical proximity is not a new one to Dubai, and its strategic advantages have been proven to pay off. Co-existing at a single location will enable print companies to coordinate production activities efficiently with feeder companies like machinery and equipment providers and suppliers of raw materials and spares. For small and medium-sized businesses, the time and costs involved in sourcing requirements will be considerably reduced, as they can avail of several shared services.

Multiple choices

The Zone's production cluster focusing on the printing and publishing industries will provide superior infrastructure for various activities, available as leasehold land and distinct units for printing, production and warehousing. Each unit will act as a complete facility for production operations with exits for loading and unloading raw materials and finished goods. The thermally-insulated production units will be made available on an annual rental basis. Printing companies also have the option of taking multiple units or having a combination of both land and production units.

Posted by Winston Wambua , Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Winston Wambua

Mobile +971553350517

Email: winstonk@live.com

Skype: Winston.wambua

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