Dubai Media City

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Dubai Media City (DMC) is located and operates under the jurisdiction of Dubai Technology & Media Free Zone (DTMFZ) and is a member of TECOM Investments. It started operating in 2000 and became the Middle East base for the global operations of worldwide media giants such as Forbes, CNN, CNBC, Sony, Thomson Reuters, and Showtime. It also hosts many regional media companies.

Since inception, DMC has developed become a worldwide media centre. It is the leading free zone committed to the facilitation and promotion of the media and advertising industries in the Middle East. DMC offers a unique business environment, enabling industry players to network, collaborate and operate freely with other companies through the entire value chain while taking advantage of the benefits provided by free zones. Dubai Media City has registered over 1,400 companies under the Free Zone.

Where is it located?

DMC is located in the centre of New Dubai. The Marina area is located to the West, Palm Jumeirah to the north and Sheikh Zayed Road to the south.  Media City is accessible by Al Sufouh Road or Exit 32 of Sheikh Zayed Road.

Physical Address:

Dubai Media City
Al Sufouh 1
Dubai
United Arab Emirates
Tel: +971 4 391 4555
Fax: +971 4 391 4616
Website: www.dmc.ae 

Describe the kind of businesses here? 

  • Company registration
  • Issuing of licenses
  • Issuing of visas
  • Advertising and Venue Management Services (AVMS) 

Who are the prominent clients? 

  • Publicis Groupe
  • IPG Interpublic Group
  • Bertelsmann
  • Showtime
  • Rotana
  • WPP
  • Aegis Media
  • Dowjones
  • Thomson Reuters
  • ITP Publishing Group
  • Mc Graw Hill
  • Forbes
  • CCTV
  • BBC
  • CNN
  • CN Cartoon Network
  • CNBC
  • Sony Pictures
  • Xerox 

What are the advantages of setting up here? 

  • 100% foreign ownership
  • 100% repatriation of profits and capital
  • Zero corporate tax for 50 years
  • Zero personal income tax
  • Zero import duties
  • Zero currency restrictions
  • Zero red-tape
  • Zero staff recruitment problems
  • State-of-the-art infrastructure
  • Industrial potential – business prospects
  • Ideal business environment for media players
  • DMC’s companies are global giants and well-known regional and local companies
  • Attractive operating costs
  • Easy and fast registration of companies
  • One-Stop shop services for various government services
  • 24/7 visa service
  • Mortgages available for purchased real estate which is on leased land
  • Cluster working environment which enables enterprises of the media to interact and cooperate
  • Simple legal framework and business laws
  • Access to Knowledge Workers because of fast-track immigration process

What are the procedures for establishing a business here? 

Steps and Documents Required Client Actions DMC / DTMFZ Actions
Step 1:

Submit application for approval

Documents required:

Application for company registration

License application

Business plan

Colour copy of passport for manager / director(s) / legal representative

Contact a sales person at DMC and submit application Evaluation of client’s application

Inform the client of external regulatory body approvals required

Timing: 5 working days

Step 2:

Send legal documents for company registration

Documents required:

Company registration application form

Shareholder(s) details

Original Memorandum and Articles of Association

Board Resolution

Passport copy of manager

NOC from residency visa sponsor

Manager’s specimen signature

Passport copy of director(s)

Director(s)’s specimen signature

Proof of Share Capital

Registration fee and license fee

Memorandum of Association of FZ-LLC

Agreement for personnel secondment

Certificate of Authorization for GSO

Send the legal documents for registration of the company to DMC sales person Issue Customer Confirmation Letter

Timing: 2 working days

Step 3:

Sign and return Customer Confirmation Letter and payment

Sign and return Customer Confirmation Letter and make payments (registration and license fee and first lease instalment) to the DMC sales person Review of legal documents

 

Timing: 2 working days

Step 4:

Sign Articles and Memorandum of Association

Visit Sales Department at DMC to sign AOA and MOA and collect bank introduction letter and resolution
Step 5:

Deposit of share capital

Open a bank account in the name of the company, deposit share capital and take proof of capital letter to DMC Prepare License and Lease

 

Timing: 3 working days

Step 6:

Sign lease and personnel sponsorship agreement

Go to TECOM Leasing Department to sign lease, personnel sponsorship agreement and collect license

 

What is the cost of setting up business here? 

Trade License option / activity Cost in US$ Cost in AED
Industrial License US$ 2,570 AED 9,375
Specific Trading US$ 2,570 AED 9,375
Oil & Gas US$ 3,425 AED 12,500
Real Estate US$ 5,135 AED 18,750
Aviation US$ 5,135 AED 18,750
General Trading License US$ 5,135 AED 18,750
Specific Services US$ 2,570 AED 9,375
Oil & Gas US$ 3,425 AED 12,500
Freight Forwarding US$ 2,910 AED 10,625
Real Estate US$ 5,135 AED 18,750
Aviation US$ 5,135 AED 18,750


What is the distance from various landmarks to this location?
  

DMC to airport – 30.6 km

DMC to Downtown – 21.6 ms

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