Dubai is well-known throughout the world as a bustling center of commerce and trade. Additionally, it is the location of Dubai Media City, a place where imaginative people can display their talents. A collaborative environment for media and entertainment business in Dubai to engage and work together is provided by Dubai global media hub.
You may run a business in Dubai Media City and be in one of the most beautiful cities in the world in a highly lucrative location. Allow Shuraa Consultancy to assist you with the setup so you can begin benefiting from this creative community by starting entertainment company in Dubai.
Dubai Media City: What is it?
The biggest international and local media organizations are in the region known as Dubai Media City, which consists of 25 buildings. There are companies in Dubai specifically for print, radio, television, and advertising.
Additionally, major media companies like Forbes, CNN, Sony, Arab Media Group, and others frequently use it. But this isn’t only a space for big media companies; it’s also a location where startups and independent workers may live side by side.
The setting is ideal for growth and teamwork. Also, media business centers exist to support local talent and enterprise. Therefore, there are countless options for independent media professionals and freelancers to increase their visibility and develop contacts.
How to Establish a Media and Entertainment business in Dubai?
Media agencies in Dubai must have their business plans approved by the National Media Council.
To start a media and entertainment business in Dubai, follow these steps:
- Submit an online application form to the NMC for approval.
- submit the necessary legal documents.
- Make the payment, sign the customer confirmation letter, and return it.
- Sign the Memorandum of Association.
This action must be taken by the company’s shareholders.
- Deposit the entire share capital.
AED 50,000 is the minimal share capital needed for businesses.
However, a minimum capital investment of AED 2,500,000 is required if you work in the TV and radio broadcasting sector.
- Sign the lease and the sponsorship contract.
- Obtain your license.
- In order to facilitate a rapid and simple approach to your business in Dubai, we have professionals who have expertise in particular services and collaborate closely with government officials. We are enthusiastic to launch the business solutions industry in the United Arab Emirates with our exceptional services.
Cost of Media and entertainment business setup in Dubai starts from AED 20,000. However, the cost of approval from NMC will be additional.
What documents are necessary to form a Company in Dubai Media City?
The following is a list of the documents you will need to setup media and entertainment business in Dubai:
- Passport Copy of Shareholders
- Entry Stamp or Visa Page
- Passport Size Photograph
Finally, after you turn in the proper paperwork, it takes the authorities two days to review everything.
Why is Dubai a Good Location for setting up a Media Company?
This area is excellent for increasing visibility and developing contacts, regardless of whether you are a freelancer, startup, or established media business. Furthermore, the region offers distinctive facilities that serve Dubai’s media sector.
Additional advantages of conducting business in Dubai Media City include the following:
- 100% foreign ownership
- Fantastic opportunity for networking
- No individual taxes
- Zero import taxes
- Total capital and profit repatriation
- Affordable workforce
- Outstanding infrastructure
- Opening Bank accounts
- Sponsoring a family is simple.
- Numerous choices for visas
Which Commercial Activities Are Permitted in Dubai Media City?
Dubai’s Media City offers so many fantastic prospects for growth and collaboration if you’re thinking about entering the media sector. However, the region is well-known for its vibrant networking scene and business-friendly surroundings.
The following is a list of possible business ventures in this creative community:
- Advertising and communication
- Business information
- Event management and support
- Freelancing
- Media consultancy
- Marketing services
- Media associations
- Marketing consultancy
- Media services
Different License Types in Dubai Media City
In order to operate a business in Dubai, you must obtain a license. Your business won’t be legitimate without a license.
The following licenses are offered for use by businesses in Dubai Media City:
- Web design license
- TV or radio broadcasting license
- Publishing license
- News agency license
- Music and entertainment license
- Media and marketing services license
- Film distribution or management license
Conclusion
You should be aware of the following while setting up a media and entertainment business in Dubai. In order to ensure that your foundation as a media company in Dubai is rock solid, it is preferable to seek the assistance of a professional who can guide you through all these requirements and procedures. Get all the information you require and have all your questions answered by Shuraa Business Setup, the top business consultancy provider in Dubai. Moreover, look over our selection of services and get in touch with us here for business setup in Dubai.
Book a free consultation with us or call us at +97144081900. You can also reach out to us on WhatsApp by dropping a message on +971507775554. For email assistance, mail your query at [email protected].
