Studio City is part of the Dubai Media City and was developed by Tecom Investments. Dubai Studio City (DSC) aims to provide television, film and music production companies a suitable environment for development. There are approximately 300 companies registered at the moment in Dubai Studio City, but the free zone is continuing its expansion and new studios, warehouses and office spaces are being built. During the last four years, Dubai Studio City free zone has become one of the most important media network in the Middle Eastern region because of the large number of foreign media companies expanding their operations in Dubai.
Opening a company in Dubai Studio City
Foreign investors setting up companies in Dubai Studio City must refer to the Dubai Creative Clusters Authority for registration and licensing. The first step when opening a company in Dubai Studio City free zone is to choose the appropriate business vehicle. There are two types of companies one may open in the Dubai free zone:
- free zone limited liability companies,
- branch offices.
Foreign businessmen may also apply for a freelance permit with the Dubai Creative Clusters Authority. However, the most employed type of company in the free zone is limited liability company which can have a natural or a corporate person as a shareholder.
Documents for company incorporation in Dubai Studio City
Depending on the shareholding structure of the company, the following documents are required when registering a company in Dubai Studio City:
- in the case of corporate shareholder – the foreign company’s certificate of incorporation,
- in the case of natural persons – a valid passport is required.
Additionally, the following documents must be submitted:
- a business plan,
- a licensing application form,
- copies of the passports of the manager and directors.
The company registration procedure can be simplified by hiring local company formation agents in Dubai.
Why set up a company in Dubai Studio City?
Among the most attractive reasons for establishing a company in Dubai Studio City are:
- full foreign ownership is permitted,
- no corporate or personal taxes are levied,
- a well prepared and skilled labor force,
- state of the art facilities.
For personalized company registration services in Studio City, please contact our agents in Dubai.