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
Winston Wambua
For more information please contact me on
Mobile +971553350517
Email: winstonk@live.com
Skype: Winston.Wambua
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