Dubai Studio City Free Zone Company Formation | Dubai Free Zone Business Setup

Dubai Studio City Free Zone

Home > Dubai Studio City Free Zone

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.

Approval Time and Costs for Company Formation in Dubai Studio City Free Zone

The initial approval for your company formation, in Dubai may take anywhere between 3 to 5 business days. Once you have submitted all the documents, paid the fees and leased an office, you will receive a final approval which can take 7 to 10 business days.

Costs associated with a free zone company formation in Dubai

The cost of company formation in Dubai Studio City varies and depends on several factors. This includes the license fee (depending on the business activity), the office space, and the number of visas required. The business license may range from AED 15,000 to AED 25,000 annually (again depending on the business activity), a one-time registration fee of approximately AED 3,500 to AED 5,000 and an Office lease may cost AED 15,000 to AED 100,000+ per year.

Visas may typically cost around AED 3,000 to AED 5,000 per visa. This may include medical, Emirates ID, and visa stamping.

Connect with the Best Business Setup Consultant in Dubai

A free zone company formation, in the UAE can be challenging for a first-time entrepreneur. Choosing the best company formation consultant can you navigate the process smoothly and ensure that your company formation complies with the set law. Corpin consultants with years of experience in this field have helped innumerable entrepreneurs across the world set up their businesses in Dubai.

If you too are looking for a hassle-free company setup and a consultant who is reliable, reputable and cost-effective, look no further than us, Right from guiding you to handling the entire company setup process in Dubai Studio City free zone, we take care of everything. For more information, get in touch with us today!