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| Dubai Media
City Free Zone |
Horwath Mak business consultants can facilitate in
setting up business at Dubai Media City Free
Zone. The media city strategically located in
Dubai, United Arab Emirates at the crossroads
of the Middle East, Africa and South Asia, Dubai
Media City (DMC) will be the region's media
hub.
DMC is the place where every kind of media business
- Broadcasting, Publishing, Advertising, Public
Relations, Research, Music, and Post Production
will thrive and have the Freedom to Create.
The key benefits to Broadcasters
at DMC include:
• State-of-the-art teleport/uplink/play-out.
• Broadband and telecommunication access.
• Production and postproduction facilities
and studios.
• Growth opportunities.
DMC's vision is to create and market a world-class
enabling environment for the media industry
with an emphasis on products and services. Our
objective is to attract, retain and grow companies
from specific segments of the media & entertainment
industry. The following list will help companies
identify whether their businesses fall within
our targeted market segments.
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Publishing: |
| News Papers,
Magazines, Educational & Professional Books,
Consumer Books & Magazines, Promotional Content,
Online & Electronic Content, e-Books, Directories
& Guides |
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Broadcasting:
TV & Radio
Filmed Entertainment, Production and Post-Production:
Film Production & Distribution, Media Content
Management & Provider, Film Content Rights
Management, Production, Post Production and Animation.
Media & Marketing Services: Direct Marketing,
Promotional Services, Advertising / Communication
& Public Relations Agency, Media Placement,
Buying & Selling, Media Representation.
Music:
Music Production & Recordings, Music
Distribution, Music Publishing, Music Label &
Rights Management, Music Promotion & Management
Media Support Service &
Providers:
Broadcasting Hardware & Equipment, Satellite
Services & Equipment Provider, GSM & Electronic
Media Provider, Media Equipment Rentals, Digital
Media
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Facilities
offered |
Commercial
Office spaces
(min availability is 600 sq. ft)no space
restriction
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Loft
offices |
Boutique
offices
(exclusive offices in private villas)
entire villa 5772 Sq. ft / ground floor
2533 Sq. ft
|
Executive
offices in Media business centre) availability
is in between 120 to 35. Sq. ft |
Executive
desk (Media business centre) |
| Rental per annum |
US$ 32.75 (AED 120) per sq. |
US$ 36.82 (AED 135) per Sq. ft |
US$ 122,717 (AED 450,000) – US$ 149,986
(AED 550,000) |
US$ 95 sq. ft (AED 350) |
US$ 6,000
(AED 22,000)
|
| Lease period |
One year, annually renewable |
One year, annually renewable |
One year, annually renewable |
One year, annually renewable |
One year, annually renewable |
| Possible legal entities |
Branch of a foreign company
(Parent company should be in existence for
min 2 years)
|
Branch of a UAE company including entities
established in other UAE free zones |
FZ LLC
(Single shareholding)
Value per share is US$ 273 (AED 1,000)
|
FZ LLC
(Multiple shareholding )
Value per share is US$ 273 (AED 1,000)
|
| Capital-cash physical |
None |
None |
US$ 13,635
(AED 50,000)
|
* US$ 13,635
(AED 50,000)
|
| No of shareholders |
- |
- |
One |
Minimum two |
| Formation fee |
US$ 955
(AED 3,500)
|
US$ 955
(AED 3,500)
|
US$ 955
(AED 3,500)
|
US$ 955
(AED 3,500)
|
| Types of license issued |
Publishing license |
Broadcasting license |
|
| License fee |
US$ 5,454
(AED 20,000)
|
US$ 6,818
(AED 25,000)
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US$ 4,091
(AED 15,000)
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| Business Segments |
Broadcasting, production, advertising, public
relations, recruitment, Music. Publishing,
Business consultancy, News Agency, Post-production,
Research etc. |
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| Visas |
Depends on the size of the office
space leased. Executive office is eligible
for maximum 3-4 years |
| formation period |
30 days. |
| Others |
Entity operating in Media Business
centre Executive office requires to pay a
jointing fee of US$ 1,364 (AED 5,000) and
security deposit of US$ 2,728 (AED10,000).
Freelance permit allows an individual to operate
as a sole practitioner and enables him to
conduct the activity in his birth name as
opposed to brand name.
A freelancer can use the ‘Hot Desk’
facility of media business centre and total
cost for the facility is US$ 6,545 (AED 24,000)
which includes fee for freelance permit, visa,
and a refundable deposit of US$ 1,364 (AED
5,000).
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* Capital amount shown above
is only minimum indicative figure and can
vary according to project outlay. |
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| © Copyrights
2008-2009, Horwath Mak Business Consulting |
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