Dubai Media City (DMC) free zone was officially launched in January 2001. DMC has vastly developed and within few years it has become a flourishing business destination hosting both global and regional media companies. For example, global and regional media giants like BBC, Thomson Reuters, Bertelsmann, CNBC, Dowjones, Ame Info, CNN, Forbes, MBC, Reuters, Showtime and Sony have established their regional headquarters in Dubai Media City.
DMC offers for companies and independent professionals in media industry a thriving and friendly business environment, which enables them to operate with collective synergy and freedom. As a free zone, DMC offers all free zone benefits such as 100 per cent business ownership by foreigners, tax-free income and no restriction on capital repatriation. At the same time member of DMC enjoy value added services such as networking opportunities and one-stop-shop government services.
DMC issues business licenses in the following sectors: Advertising and Communication, Media and Marketing Services, Media Support Services, Printing and Publishing, Music, Film, Broadcasting, Event Management, Event Support Services, Media Consultancy, New Media, Freelancers and Non Profit Associations.
DMC is centrally located in Dubai neighbouring with Dubai Marina, Jumeirah Lakes Towers Jumeirah Beach Residence and TECOM. DMC has an advanced infrastructure and all necessary facilities to operate media-related businesses to reach to a global level. In addition, high-class commercial and residential buildings are located in DMC area.
DMC has also established Media Business Centres in order to nurture and create opportunities for young talents and entrepreneurs in the region. Media Business Centres are unique platform for freelancers and independent media professionals to start up a business and build relationships with the media industry.
At Mimo Legal Consulting we have the expertise you need to setup your business in the UAE. We will help you to choose the right legal structure and license based on your requirements and business objectives. We also assist you in opening your bank account and acquiring residency visas in the UAE. If you are interested in setting up your business in the UAE, please contact us for further information.