The Dubai Government has worked hard to bolster the Emirate’s reputation as a media hub and roll out new initiatives to ensure that investors can set up a media company in Dubai with ease. It has introduced a new media industry with the entity name of Dubai Creative Clusters Authority (DCCA) in 2014 to ensure that the city remains a leading location for creative and innovative companies.
This isn’t all. The Dubai government is still working on this part to attract more and more investors and entrepreneurs. So, undoubtedly, Dubai is one of the best locations to set up a media company.
The process to set up a media company in Dubai is complicated, but running it after the setup is not an issue. So, we recommend hiring professionals for business setup services in Dubai, UAE.
Other than this, you should keep a few important things in your mind before setting up a media company in Dubai/UAE.
Dubai Media City
Established in the year 2000 by the government of Dubai, the Dubai Media City (DMC) boosts the media foothold of the UAE. It’s said that DMC has been a magnet for investors from all over the world ever since it has established. Simply said, the DMC rules the media and entertainment industry in Dubai, UAE. Most of the things are processed under DMC.
Office space requirements
In DMC, investors can set up a business without the need for a physical office address. You can use Free Zones as your registered company address. With this, you will have access to Dubai Media City’s business center. It provides visa and document processing, distribution, and mail collection. A few exceptions are that the businesses operating in certain industries, such as publishing, have to retain a physical office space.
Types of media businesses in Dubai/UAE
There are several types of media businesses that you can establish in Dubai. The only thing is that you should have a strong business plan and all the documents to set up a media business of your choice in Dubai. Make sure you understand the different media business types before starting the setup process.
Corporate Bank Account
No matter which type of media business you set up in Dubai, you should have a corporate bank account. The process to set up a corporate bank account is very simple. DMC has made it further easier with its initiatives. You should apply for a corporate bank account after getting a media company business license.
Just like other businesses, the location of the media company matters. Be very careful while choosing the location for your media company setup. Some of the factors to consider while choosing the location for your company are connectivity and access for conducting business. It’s said that DMC is located at a prime location in Dubai.
With these points and the help of the business setup services, we are sure that setting up a media company in Dubai/UAE will be easy for you.