BUSINESS SETUP IN DUBAI MEDIA CITY (DMC)

Dubai Media City (DIC)

Since its official launch in 2001, Dubai Media City (DMC) has rapidly emerged as a global media hub, providing advanced infrastructure and a supportive environment for media-related businesses to operate in and out of Dubai. Strategically located in Dubai at the crossroads of the Middle East, Africa, and South Asia, Dubai Media City (DMC) has rapidly emerged as a global media hub. DMC provides an advanced infrastructure and supportive environment for media-related businesses to operate globally out of Dubai.

DSO offers an array of high-quality facilities to businesses operating within the technology park with state-of-the-art infrastructure, systems, and equipment. Furthermore, DSO offers an eco-friendly and clean location with buildings being constructed to global energy-saving standards and daily maintenance carried out to ensure a pristine business environment.

Types of Services Allowed in Dubai Media City Free Zone:

  • Advertising and Communication
  • Media Consultancy
  • New Media
  • Event Management
  • Event Support Services
  • Media and Marketing Services
  • Media Support Services
  • Freelancers and Associations (Non-Profit)

Benefits in Registering a Company in Dubai Media City Free Zone:

  • 100% foreign ownership
  • Full repatriation of profits and capital
  • No personal, income, and corporate taxes (50-year exemption)
  • Exemption from customs duty for goods and services
  • World-class infrastructure to help support the growth of the cluster
  • The process of incorporating the business is extremely simplified
  • Business-friendly company laws and legal framework
  • A variety of government services, including licensing, visa, traffic, and postal services
  • 24-hour visa service
  • Fast-track immigration process
  • Networking opportunities

License Available in DMC:

Freelance permits and commercial licenses.

Types of Entities in Dubai Media City:

Free Zone Limited Liability Company (FZ-LLC), branch office & freelancers.

Value Added Tax (VAT):

Value Added Tax (VAT) has been introduced across the UAE on 1 January 2018 at a standard rate of 5%.

Who should register for VAT?

A business whether situated in a designated zone or non-designated zone or outside a free zone should register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000 within the preceding 12 months or it is anticipated that the total value of taxable supplies exceeds AED 375,000 in the next thirty 30 days. Upon registration, a tax registration number (TRN) would be issued to businesses by the Federal Tax Authority.

What is a designated zone?

A Designated zone is a specified fenced geographical area having security measures and customs controls in place to monitor entry and exit of individuals and the movement of goods to and from the area. Following free zones are declared as designated zones.

  1. Free Trade Zone of Khalifa Port
  2. Abu Dhabi Airport Free Zone
  3. Khalifa Industrial Zone
  4. Jebel Ali Free Zone (North-South)
  5. Dubai Cars and Automative Zone (DUCAMZ)
  6. Dubai Textile City
  7. Free Zone Area in Al Quoz
  8. Free Zone Area in Al Qusais
  9. Dubai Aviation City
  10. Dubai Airport Free Zone
  11. Hamriyah Free Zone
  12. Sharjah Airport International Free Zone
  13. Ajman Free Zone
  14. Umm Al Quwain Free Trade Zone in Ahmed Bin Rashid Port
  15. Umm Al Quwain Free Trade Zone on Sheikh Mohammed Bin Zayed Road
  16. RAK Free Trade Zone
  17. RAK Maritime City Free Zone
  18. RAK Airport Free Zone
  19. Fujairah Free Zone
  20. FOIZ (Fujairah Oil Industry Zone)

What is a non-designated zone?

Any free zone which is not declared as a designated zone is a non-designated zone. In other words, a non – designated zone is any geographical area within the UAE that does not have any security measures and customs controls in place to monitor the entry and exit of goods and individuals. Eg. DMCC, Dubai Media City, DIFC, and Dubai Internet city.

What transactions are subject to VAT within Designated zones?

a) Goods transferred between designated zones shall not be subject to VAT. However, goods supplied by an entity in the designated zone to entities outside the designated zone are subject to 5% VAT.

b) Services provided by an entity to other entities inside the designated zone or outside the designated zone are subject to 5% VAT.

c) Professional fees for services are subject to VAT @ 5%.

What government/free zone fees (License/Visa/rent) are subject to VAT?

In the case of designated zones the trade license fees, visa fees, lease rentals will not be subject to VAT. And in the case of non-designated zones, the trade license fees and visa fees are not subject to vat however rent is subject to 5% VAT.

If you need additional assistance or have any questions, please contact the following:

Email: info@freezonesuae.com

Tel: +971 4 343 8022

Our Locations

Dubai - Head Office

Office # 3006,30th Floor, Al Attar Tower Near DIFC, Sheikh Zayed Road Dubai, United Arab Emirates P.O. BOX 43630.

Mobile: +971 50 644 3537

Tel No: +971 4 343 8022

Fax No: +971 4 343 8033

Email: info@freezonesuae.com

Shams Office

Sharjah Media City, Sharjah, United Arab Emirates

Mobile: +971 50 644 3537

Email: info@freezonesuae.com

RAKEZ Office

Ras Al Khaimah Economic Zone Al Hamra Industrial Zone- Fz RAK, United Arab Emirates

Mobile: +971 50 644 3537

Email: info@freezonesuae.com

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