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The International Media and Production Zone is a free zone in the city of Dubai, United Arab Emirates. This free zone is devoted to the media and production industry in the region. Previously identified as the International Media Production Zone, Dubai Production City was founded in 2003 as a growing replica of Dubai Media City. IMPZ is a free trade zone in Dubai used for speciality media and production companies in the United Arab Emirates.
It covers an area of approximately 43 million square feet. IMPZ is providing printing, publishing, packaging, broadcast, film and music agency, as well as residential, commercial, industrial and public projects. The Dubai government plans to make this free zone in Dubai a logical branch of Dubai Media City and increase investment in the media production industry. International Media Production Zone has grown to become a business hub for the development of global and local media publishing, printing and packaging companies.
The advantages foreign investors and entrepreneurs can avail after setting up business in IMPZ Free Zone are:
IMPZ can have various forms of business activity. The main groups include:
The procedure for starting a business in IMPZ is simple and easy. But there are certain steps you need to follow before starting your business. The initial step of company formation in IMPZ Dubai is choosing the right business entity for your company. 3 types of legal entities are allowed in IMPZ or Dubai Production City:
FZ LLC is an independent law firm that has shareholders as individuals or entities. The minimum capital required depends on the type of business activity.
The whole procedure remains the same as for individuals as shareholders, but you will need to submit additional documents, e.g. a copy of the certificate of incorporation.
The branch office is not a separate legal entity because it is related to the parent company. The parent company can be either a locally registered company or a foreign company. There is no minimum capital required to set up a branch. It fulfils the same functions as the parent company.
Steps to Follow for Company Formation of a Foreign Branch
Steps to Follow for Company Formation of a UAE Established Branch
A freelancer permit is also offered at the TECOM office in Dubai Media City. A freelancer license offers the opportunity to work as a freelancer. The license identifies you as an individual practitioner and allows you to run your business using your birth name and not a trademark. Dubai Media City Freelance Visa allows you to live in the UAE and also sponsor your family.
Steps to Follow for Obtaining a Freelance Permit
The DCCA is the regulatory body that grants the necessary licenses upon request. Here are some of the license options to choose from:
With this license, foreign investors or entrepreneurs can perform a publishing activity.
This license can be used for activities such as travel, insurance, courier services, legal advice, marketing, and more.
Holders of this license can practice the profession of a graphic designer.
Company renewal can be done by your representative if you are not in Dubai.
Once the company is renewed, you must also update the bank where you have a company account regarding your license renewal. You must bring the license to each branch of your bank. Our professional business consultants can do this service for you.
The International Media Production Zone offers various visa packages. It depends on the type of office space you choose. Visas can range from 1 visa package to 100 or more in terms of the warehouse. Once a business license is issued, the residence visa process is simple:
For those wishing to sponsor dependents with their visas, the process is quite simple and the following documents are required:
Business owners have the right to make as many changes as they like. Fees vary and depend on the type of changes made. The amendment can be of two different categories:
This includes changes to company names, changes to operating names, changes to parent company names, additions or removals of directors and changes to the financial year.
This includes changing manager name, changing location/address if changing the license, changing business/adding activity within the same segment, removing existing segment, removing activity in segment, adding new publishing segment, adding a new channel.
The International Media Production Zone is the best place to start your media production business and broadcast your work worldwide, and we're here to help. MAD Middle East can assist you with your business registration, including obtaining a license, opening a bank account, providing visa services, processing your business VAT registration and handling all your other business legal documents. Contact us and our team of experts will be happy to help with your project.
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