Have you ever thought of starting a media services, communication, advertising, or media consultancy business in Dubai? Dubai is renowned worldwide as a leading city for global business and trade. Therefore, several investors are looking forward to starting a business in UAE. If you are the one longing to start a media company in Dubai, we got you covered.
At Vigor Business set up company services in Dubai, we offer profound assistance to all aspiring entrepreneurs who want to start businesses in Dubai. Additionally, with the help of our professional business consultant at Vigor, we make your business setup journey simple by walking you through all the paperwork, licensing applications, and banking activities when launching your business.
We’ve compiled a detailed post to help you understand everything you need to know about starting a media company in Dubai. Here are the best pointers to help you get in-depth knowledge about Media companies in Dubai;
- What is Dubai Media City?
- How to start a media services business in Dubai Media City?
- What documents are needed for the advertising and communication business set up in Dubai Media City?
- What are the benefits of starting a media service in Dubai?
- What are the major business activities permitted in Dubai Media City?
Generally, Dubai has set a place where all the creative minds can go and display their talents. This place is commonly known as Dubai Media City. And so, this special area normally gives individuals with special talents the to collaborate and interact amicably.
Therefore, if you want to start media services business or media consultancy company in Dubai, you may want to locate your business in the Dubai Media City. This City is one of the most amazing places to start your media company. Connect with Vigor Business Set up Consultants in Dubai to guide you through the entire process of starting a media company in Dubai.
What is Dubai Media City?
This is a place set aside to hold the largest media companies in Dubai and execute media business activities for the entire City of Dubai. Similarly, it contains more than 25 buildings that cater to the local media activities.
Some of the media agencies in Dubai include the following;
- Advertising
- Television
- Radio
In addition, Dubai Media City is also a hot spot for other primary giants such as Sony, Forbes, CNN, and Arab Media Group, among others. Also, it is a place for big media groups, and freelancers and beginners can also come and share their thoughts.
Thus, if you want to start media services in Dubai, look for no other place but Dubai Media City. And so, the place gives freelancers and other businesses set up more opportunities to do business and gain more visibility in their field of profession.
Therefore, how do you start a media company in Dubai? Let’s find out;
How to start a media services business in Dubai Media City?
Starting a business in Dubai is the most demanding step, especially if you are a foreigner or a beginner business investor. Many legal requirements are needed to execute a successful business setup in Dubai.
The documentation and the paperwork involved in launching a business in the UAE are so technical. Generally, it can be hard to execute all the legal requirements without the help of a professional consultant in Dubai.
To start a media company in Dubai, your Media Company business must be approved by the Media Free Zone Authority and The Dubai Technology, which are deeply responsible for all the media agencies’ approval situated in Dubai.
Therefore, to start a media company in Dubai, here are the steps to follow for a successful launch of either an advertising and communication business or a media consultancy business.
- Submit an application form through the E-channel in Dubai
- Wait for DTMFZ to approve your document after submission
- Issue the legal requirements needed for your media business
- Sign and return the customer confirmation letter
- Make payments for the whole process and sign the (MOA) Memorandum of Association.
Generally, this entire process must be done in the presence of the media company shareholders. After that, all the total shares must be deposited to authenticate the launching process.
You might ask about the minimum share capital needed for Dubai Media Company Formation; you might ask, right?
In Dubai, the minimum share capital required for a Media Company set up is roughly AED 50,000. However, if you are opening a TV or a radio broadcasting station, the total shares you’ll be required to deposit is approximately AED 2,500,000.
What documents are needed for the advertising and communication business set up in Dubai Media City?
Now that you know how to start a media business in Dubai, what are the essential documents you’ll be required to submit for your media business approval?
The UAE is always deemed as a country flooded with rules and regulations. Corporate Tax Consultant in Dubai, to launch a successful business in Dubai, you must adhere to the policies needed for proper business setup in Dubai.
When starting any business in Dubai, you’ll be needed to submit relevant documentation for your business approval. And, opening a media company is not an exemption.
Here are the documents needed for any media business activities;
- Application form for media company registration
- Business plan
- License application
- Proof of share capital
- Registration and license fee
- Original MOA and AOA
- Color copies of passports for a legal representative, director, and manager
Upon submitting the above documents, the authorities will need two days to go through and verify the documents.
What are the benefits of starting a media service in Dubai?
Whether you’re a constructor, freelancer, or established business set up, Dubai is deemed the most suitable place to start a business. It comes with many perks that will allow your business to attain the popularity and returns it deserves.
The following are the main reasons why you should start your media business in Dubai this year;
- Multiple visa options
- 100% foreign ownership in Free Zone areas
- No personal taxes
- Superb networking opportunities
- No import duty
- World-class infrastructure
- Bank account facility
- Inexpensive workforce
What are the major business activities permitted in Dubai Media City?
If you want to venture into Dubai Media Industry and don’t know some of the great opportunities for the media business, you are not alone.
This section will familiarize you with some of the major business activities permitted in Corporate Tax Consultant Media City. Read on to find some of the opportunities you might embrace in the media industry;
- Media consultancy
- Advertising and communication
- Media associations
- Business information
- Event management and support
- Marketing services
- Freelancing
- Event management and support
