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Dubai Studio City Free Zone
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DUBAI STUDIO CITY FREE ZONE
What is Dubai Studio City Free Zone
Dubai Studio City Free Zone is a renowned business hub located in Dubai. What makes this free zone apart from the rest of other free zones is that it is entirely dedicated to supporting companies engaged in media, production, entertainment and related industries. The city has been designed in a way that it offers the best of infrastructure, opportunities and atmosphere so that those who set their foot in this zone would rarely turn back. You can easily find a range of businesses from early startups to some renowned media giants based in this zone.
What makes this free zone company formation, Dubai the best choice?
The benefit of 100% foreign ownership is the obvious benefit, which enables foreign investors to retain their profit and total control over their companies. Apart from this, you are exempted from various taxes such as corporation or personal income taxes. This only helps to increase your business’s growth and profitability.
You also get to leverage modern facilities, such as modern sound and recording studios, and post-production suites, to produce media of the highest calibre. Moreover, Dubai Studio City company formation means you get access to major markets in the Middle East, Africa, and Asia.
This city’s multicultural atmosphere offers a high quality of life and makes it a great place for expatriates and their families.
Steps for Company Formation in Dubai Studio City
- You will first need to select the business activity you want to engage in the Dubai Studio City. The city supports a range of media and entertainment-related activities. You can go for the one that aligns with this industry.
- Choose the company structure among LLC, a branch of a foreign company or obtain a freelancer permit and select an appropriate business name for your company. You will need to go through the guidelines determined by the governing body to understand what is acceptable and what is not when naming a company.
- Get hold of the documents and complete the application form. Typical documentation would involve a business plan, a duly filled application form, passport-size photographs and passport copies of the shareholders and directors. You may need to submit additional documents depending on your business activity and company structure.
- After submitting the required documents and the application form, you will get the initial approval. Later you pay the fees and zero in on the office premises. Post the final approval, you will need to start the visa process and open the bank accounts for the smooth execution of business activities.