06 Feb 2019
By MSZ Consultancy
Business Setup
Business setup in Dubai Media City (DMC)
Dubai Media City (DMC) providing an advanced infrastructure and also supportive environment for media related business such as publishing, online media, advertising agencies, news groups and broadcast facilities to operate in and out of Dubai.
Benefits of business setup in Dubai Media City (DMC)
- 100% foreign ownership
- No currency restrictions
- No minimum capital investment required
- Hassle-free and also simplified incorporation process
- No restriction on hiring foreign employees
- World-Class Infrastructure
- Full repatriation of profits and capital
- Business friendly company laws and also legal framework
Business sector in DMC
- Advertising and Communication
- Business Information
- Event Management
- Event Support Services
- Freelancing
- Media and Marketing Services
- Media Support Services
- New Media
- Media Consultancy
- Non-Profit Association
Following are the types of legal entity in DMC
- Free Zone Limited Liability Company (FZ-LLC)
- Branch of a foreign/local company
- Freelancer
Required Documents for setting up a company in Dubai Media City (DMC) is following below
- Application form and also Letter of Intent
- Annual financial report or shareholder’s last 6 month bank statement
- Passport copy of manager’s and also the shareholder’s
- Copy of managers CV and also the shareholder’s CV
- Original bank reference letter for each shareholder
- NOC by the current sponsor for the manager
Additional documents required for a Corporate Shareholder and also for Branch
- Memorandum of Association and also Article of Association (attested and notarized)
- Board resolution (attested and notarized)
- Certificate of incorporation of your existing company (attested and notarized)
If you want to setup a company in Dubai Media City (DMC) then +971 52 544 1248 or Email us: info@mszconsultancy.com
