Dubai Studio City Company Formation

Business Setup Services | Dubai Studio City Free Zone

Dubai Studio CityDubai Studio City was launched in 2005 was made to make advanced in the field of media driven economy initiative started by the Dubai holding Subsidiary TECOM Investments. Also called DSC free zone, it offers the right combination of planned infrastructure, talent pool, and a dynamic business environment to support the growth of broadcast, movie, television, and music production companies in the Middle East region. It is spread across 22 million sq. ft and features pre-built studios, sound stages, warehouses, workshops, office spaces, latest satellite communication facilities, stage areas, etc.

The amazing infrastructure picturesque in Dubai attracts tourists and artists from all around the world. Dubai hosts the annual Dubai Global Movie Festival which was started back in the year 2004. Dubai Studio Free Zone provides services to filmmakers, producers, and crews, enabling efficient and no hindrance in filming in Dubai.

Advantages of Setting Up your Business in DSC Free Zone

  • Zero income tax
  • Zero restriction on currency
  • Zero trade barriers and quotas
  • Zero corporate tax
  • 100% foreign ownership
  • Best amenities for media companies
  • High-end technology usage
  • Excellent residential areas and schools for expat families
  • 100% repatriation of profits and capital

Service DSC Free Zone Provides

  • Animation
  • Radio station satellites
  • IP streaming
  • Broadcast services
  • TV network satellites
  • Music and entertainment
  • Production Services
  • Themed amusement and recreational activities
  • Film support service

Entities Allowed in DSC Free Zone

  • Free Zone Limited Liability Company
  • Branch office
  • Freelancer

Licenses in DSC Free Zone

  • Commercial license
  • Freelance permit

Process of Setting up a Business in DSC Free Zone

There are many benefits you get by registration in Dubai Studio City. Not just zero tax and customs duty, they also get full support from the Dubai government in various services such as venue management, networking opportunities, and industrial building. The procedure to set up a business in this free zone is the same as in any other free zone.

Procedure to Set Up a Business in DSC Free Zone

  • Fill your application for approval
  • Provide legal documents for registration of the company
  • Sign your customer confirmation letter and pay your fee
  • Memorandum and Articles of Association and deposit the share capital
  • Get Lease and personnel sponsorship agreement
  • Collect your license and pay your fees

Documents Required to Set Up a Business in DSC Free Zone Application for license

Two copies stating the following:
  • Appointing manager and assigning power of attorney for manager and directors (if applicable)
  • Indicating paid-up capital and share allocation between the shareholders
  • Appointment of directors
  • Copy of business plan
Valid passport copies of the manager, shareholders, and directors of the negotiator/legal representative and if applicable Original bank reference letter for each shareholder, confirming the following:
  • Type of account and how long it has been active
  • That the account has been conducted to the bank’s satisfaction specimen signature of the manager, shareholders/directors/negotiator/legal representative.

Why opening your Business in DSC Free Zone is a good idea?

Dubai Studio City houses several renowned offices and studios of filmmakers such as the Film Studio City, VST Music, The Goldmine Films, Tarteeb Media, Take One Dubai, Logic Creative, and many more. Dubai’s vision to emphasize innovation and creativity, and provide equal opportunities to amateurs as well as fledging filmmakers, make this free zone different from the others. Because when you are into the entertainment business, inspiration is important, and Dubai Studio is one of the most inspiring communities in Dubai.

Setting up a business in Dubai especially Dubai Studio City can be an overwhelming process for the uninitiated but a business consultant company like branches can make this process easier, smooth, and stress free.

BCM Corporate Services Can Help You !

1. AFFORDABLE SETUP:

Despite being home to some of the biggest names in the business, Dubai Studio City offers affordable licence packages to suit most budgets. A trade licence at DSC starts at around AED 15,000 on top of which you’ll be required to pay for an office lease agreement and monthly rent. If you’re going it alone, DSC also issues freelance permits and packages which usually come in at around AED 25,000 plus a yearly renewal fee.

2. FLEXIBLE OFFICE OPTIONS:

While office space is mandatory at Dubai Studio City, a flexible option is also on offer if you don’t wish to commit to permanent premises. Simply apply for the DSC freelancers permit as part of a flexi-desk package and you’ll get access to desk space, office equipment, meeting room hire, and reception cover on an ad-hoc basis.

3. WORK ALONGSIDE THE BEST:

Dubai Studio City is not just another production lot. Set up here and you’ll be working with the largest sound stage in the Middle East alongside some of the biggest names in the industry, including CNN, BBC and Reuters. Working in such a creative environment alongside household names offers countless networking and collaboration opportunities, not to mention prestige.

4. VISA OPTIONS:

One of the many reasons why DSC is popular with larger companies is that it allows for company formation with multiple visas. There’s no upper limit on the number you can apply for, however, this is linked to the size of your office – the rule is one visa per 80 sq ft.

5. EASILY SPONSOR DEPENDANTS:

As well as making it easy to apply for visas for you and your employees, by registering your business in DSC, you’ll also be able to sponsor dependants for their visas too. Whether you wish to sponsor a spouse, child or domestic staff, the process is relatively easy – entry permit, status adjustment, medical fitness test, then Emirates ID registration and visa stamping. As this is such an important process, it’s a good idea to get advice from an expert in setting up UAE free zone businesses. This ensures that before you start an application, both you and those you’re hoping to sponsor meet the entry criteria.

6. STRAIGHTFORWARD AUDITING PROCESS:

Though not currently mandatory, Dubai Studio City is set to implement auditing requirements from next year – however, they are incredibly straightforward. As of 2018, DSC registered companies simply need to submit to an annual audit.

7. NOC REQUIREMENTS:

When setting up in Dubai Studio City, the person in charge (PIC) is required to provide a no objection certificate (NOC) from their current employer if applicable. However, this is not required of other shareholders.

8. SET UP WITH MULTIPLE SHAREHOLDERS:

As well as its flexible visa options, there’s another reason for Dubai Studio City’s popularity with large, multinational business: it allows for company setup with multiple shareholders. These can be individuals, corporate entities or a combination of the two.

9. LOCATION:

Dubai’s Studio City’s incredible location make it the perfect home for international entrepreneurs and businesses. Set in between the busy E311 and E611 highways, the free zone is less than 30 minutes from both of Dubai’s International Airports. For those who like to work among the hustle and bustle of a busy city, Downtown Dubai and Jumeirah Beach are also within easy reach.

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Company Registration Service in Dubai Studio City Know business setup cost & Package with Tariff for Dubai Studio City. You will get Dubai Studio City Office at affordable cost, You can see several new companies in Dubai Studio City generating good Revenue. Read on Dubai Studio City Jurisdiction and Benefits of setting up of company in Dubai Studio City. We help you getting Business License in Dubai Studio City. Rules & Regulations in Dubai Studio City are similar to other free zones in UAE. You might have read about the activities, advantages employee benefits of Dubai Studio City. Get a quote today and know about license fees & trade license cost towards establishment of Dubai Studio City.

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