Dubai Media City
The beginning of the creation of the Dubai Media City specialized economic zone was initiated in October 1999. This project was designed to involve the advanced technologies in the area of national communications, and also in the reproduction of audio and video materials on the local media market.
The economic zone is located westward of Jumeirah in the Al Suhuf city district. It takes about 20 minutes drive from Dubai International airport to this Free Trade Zone, and such well-known city districts as Palm Jumeirah, Knowledge Village and Internet City are located nearby. The availability of urban infrastructure provides an access to the main traffic arteries of the Emirate of UAE and international hubs.
There is the entire necessary social infrastructure in the territory of the DMC area. Hotel complexes and entertainment venues, cafés and restaurants, fitness centers and gyms, banking institutions, commercial and office premises, beauty salons and many other facilities are available for a comfortable residence.
Today, a lot of international companies, which are engaged in the information business, have fully appreciated the advantages and opportunities of special economic status of the jurisdiction. Hundreds of world-renowned foreign companies have their representative offices and branches in the territory of the Dubai Media City, UAE.
Dubai Media city: conception of the development of the project
The implementation of the large-scale governmental project was the starting point for stimulation of the active development of the national media. The jurisdiction of the free economic zone has become an ideal platform for the activity of the following structures:
- Publishing houses;
- Information agencies;
- Advertising and PR agencies;
- Organizations engaged in the production and TV broadcasting;
- Interactive mass media and advertising platforms.
The investors and foreign entrepreneurs are offered a perfect infrastructure, modern communication solutions and engineering networks, including fiber-optic lines and the appropriate professional equipment. The special economic status allows the companies which are registered on the territory of the Dubai Media City to use the preferential mode for receiving the rights for broadcasting and organization of operational works in UAE.
DMC FTZ : business for proposal
A few dozens of high-rise modern buildings, which are ready to offer the following real estate for business, are available on the territory of the DMC economic zone:
- Office premises: offering the office premises. All buildings and premises have the appropriate engineering communications and meet the requirements of energy efficiency, what allows to reduce the costs of leasing and utilities significantly. The infrastructure includes the underground and external parking, the system of elevator connections, security and round the clock service;
- Residential premises: investors and foreign entrepreneurs are offered living. Residential premises are equipped with the necessary communications, including parking facilities, furnishings and garden;
- Business center: the space which is offered for clients meets the high rank status of international media centre. These are fully furnished spaces with round the clock service, which are ideal for media business agents, mass media professionals and freelancers who prefer to work in a comfortable and safe environment.
Besides, the foreign entrepreneurs can count on the loyal attitude of the state authorities of the UAE and the simplified registration procedure. Everything, including the implementation of corporate law and the current legislation, is working here in order to involve the foreign investments and create a favorable climate for investors.
Dubai Media city: services for foreign entrepreneurs and investors
The entrepreneurs and foreign investors can count on the following public services:
- Legal assistance in licensing and visa registration of founders and employees of international company;
- Service and management of the office premises;
- Round the clock security;
- Postal service and modern means of communication;
- Daily cleaning services in residential, commercial and office premises;
- daily provision of local correspondence;
- Ability to use the modern equipped conference rooms.
Conclusion
Since the establishment, the Dubai Media City special economic jurisdiction has become a thriving platform, which involves the regional and international mass media of a various formats, from print publications and publishing houses, to online newspapers and online advertising agencies.
Among the main advantages of the economic status of the jurisdiction - the exemption of international companies from corporate tax levies and the possibility of 100% ownership by foreign citizens should be noted. You don't need a local agent or sponsor for company registration on the territory of the DMC. All this together, and also the technical capabilities and governmental industry programs of UAE for stimulation the market of the media, make the economic zone the best option for registration of an international company or a foreign representative office.
Contact our staff and learn more about the prospects which are available for your business in the favorable for international business Dubai Media City jurisdiction. When thousands of entrepreneurs and investors rush to take advantages for business in the UAE, do not stand aside and make your business more profitable.
