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Free Zones in the UAE - PKF International

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The DMC is fully supported by <strong>the</strong> Government of Dubai and has established <strong>Free</strong> Zone<br />

specific corporate laws that empower <strong>the</strong> companies <strong>in</strong> <strong>the</strong> community and help <strong>the</strong>m<br />

grow. The facility offers an environment that allows companies and <strong>in</strong>dividuals to operate<br />

with collective synergy and freedom. The Dubai Media City emphasizes “The <strong>Free</strong>dom<br />

to Create”.<br />

The DMC br<strong>in</strong>gs to <strong>the</strong> media community an advanced <strong>in</strong>frastructure based upon a<br />

global <strong>in</strong>terconnected network, l<strong>in</strong>ked by satellites, computers, <strong>in</strong>ternet, television,<br />

radio, journalism, c<strong>in</strong>ema and film production. The City is already home to many<br />

<strong>in</strong>ternational companies <strong>in</strong>clud<strong>in</strong>g global giants such as CNN, Reuters, Sony Broadcast<br />

& Professional, McGraw Hill Publish<strong>in</strong>g, Bertelsmann, and MBC, along with regional<br />

companies and new start-ups.<br />

Features<br />

• The most advanced scalable IT network.<br />

• Satellite Upl<strong>in</strong>k / Downl<strong>in</strong>k facilities.<br />

• Post production studios and facilities.<br />

• Shared Bus<strong>in</strong>ess Centers.<br />

• Customer Care Center (provides all technical and support service).<br />

• Special facilities for professional freelancers.<br />

• 50 year lease contract for land and build<strong>in</strong>g.<br />

• Type of company activities <strong>in</strong>clude broadcast services, music, video/audio<br />

publish<strong>in</strong>g, production and post-production, advertis<strong>in</strong>g agencies, studios, etc.<br />

Form of registration<br />

• As a branch of a foreign company - no m<strong>in</strong>imum capital required.<br />

• As a branch of a <strong>UAE</strong> company - no m<strong>in</strong>imum capital required.<br />

• As a <strong>Free</strong> Zone Limited Liability Company (FZ LLC) - M<strong>in</strong>imum share capital is<br />

AED 50,000 and <strong>the</strong> maximum depends on <strong>the</strong> authorities after review of <strong>the</strong> bus<strong>in</strong>ess plan.<br />

<strong>PKF</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> <strong>the</strong> <strong>UAE</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> Dubai 29

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