In order to position Dubai as the foremost media center in the area, Dubai media city DMC was established in January 2001 and now houses news organizations, publishing houses, internet media, advertising, production, and broadcast capabilities. Technology Electronic Commerce and Media Group a division of Dubai Holding, is in charge of managing it.
11 free zones, often known as “business communities,” are managed by free zone authority. Media City in Dubai is one of them and it offers a cutting-edge infrastructure and a welcoming atmosphere for media-related firms to operate out of Dubai on a worldwide scale. It is among the most renowned locations in Dubai for company registration.
Commercial licenses are issued in DMC in accordance with the rules of the Dubai Technology and Media Free Zone Authority for free zone limited liability firms, branch offices, and independent contractors. The Registration and Licensing Department is responsible for issuing all licenses. The licenses can be renewed annually and have a one-year expiration date. It is also crucial to be aware of the consequences of postponing commercial license renewal. If a firm changes its name, its legal status from branch office to limited liability company, or any other aspect of its operations, such as management, address, or business activity, DMC commercial permits may also be updated. Additionally, any share transfers, capital increases, or decreases must all be disclosed in the license. Additionally, Dubai media city DMC firms are allowed to merge, and license cancellation is feasible via an online process.
Free zone limited liability corporations, branch offices, and freelancing permits are the three forms of business formations available in the Dubai Media City Free Zone.
The free zone limited liability company, which is the most typical type of business, must go through the following procedures to be incorporated:
submit an application for company incorporation, the next step will be to submit all the required paperwork, and then wait for the customer confirmation letter. After receiving it you must sign it and return it along with the licensing fee and, if applicable, the lease agreement for the property. The commercial license will be granted once all of these procedures have been finished.
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