How to Open a Company in Dubai Studio City Free Zone?

by commitbizadmin 04, Oct 2019

How to Open a Company in Dubai Studio City Free Zone?

Dubai Studio City was launched in the year 2005 to showcase the business community with cutting-edge technology, and quantifiable production-oriented commercial space. It is simplified with facilities such as film production, broadcasting, TV shoots, entertainment, music production and more. Just like a few other free zones in Dubai, DSC is also a part of TECOM Investments. It is similar to Dubai Media City as it caters to media as well.

It is spread across 22 million sq. ft and features pre-built studios, sound stages, warehouses, office spaces, workshops, latest satellite communication facilities, backlots and stage areas. DSC’s mission is to provide excellent opportunities for the growth of the media industry by offering platforms for innovation and learning through various organized initiatives. It has succeeded in meeting the highly sophisticated and specific needs of media and entertainment companies.

Advantages of Starting a Company in Dubai Studio City

  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • Zero income and corporate tax
  • DSC offers a wide array of leasing facilities starting  from hot-desks and moving up to the fully fitted offices with beautiful views surrounding  the free zone
  • Business centre for extremely skilled TV and film freelancers
  • A vibrant entertainment centre with a cinema complex, restaurants, theatres, and boulevard lined with retail stores
  • Conference facilities, Screening Theatres and Exhibition Areas

Activities Permitted Under DSC Free Zone

  • Broadcast Services
  • Animation
  • Radio-station Satellite
  • TV network Satellite
  • Music and Entertainment
  • Production (TV, Film, and Radio)
  • Themed Amusement and Recreational Activities

Types of Entities Allowed in DSC Free Zone

  • Branch Office
  • Freelancer
  • Free Zone Limited Liability Company (FZ-LLC)

Procedure to Start a Business in DSC Free Zone

Dubai Technology and Media Free Zone Authority offer license and Dubai Studio City Free Zone registration to the companies starting a business here. There are six easy steps to register your business in DSC Free Zone. They are as follows-

  1. Fill an application and submit for initial approval. It includes providing the following documents-
    1. Application for company registration
    2. Business plan
    3. Color copy of passport for manager/director/ legal representative
  2. Submit the legal documents for registering the company. It includes providing the following documents-
    1. Application for company registration
    2. Details of shareholders
    3. Original Memorandum and Articles of Association
    4. Board Resolution
    5. Passport copy of the manager
    6. NOC from residency visa sponsor
    7. Managers specimen signature
    8. Passport copy of the director
    9. Proof of share capital
    10. Registration and License fee
  3. Sign and return Customer Confirmation Letter and make payments to the DSC authority
  4. Open a bank account in the name of the company and deposit share capital and take proof of capital letter to the Dubai Studio City
  5. Visit the TECOM Leasing Department to sign the lease, personnel sponsorship agreement, and collect license and the AoA and MoA

The Dubai Studio City invites best-in-class audio-visual media organizations by providing globally benchmarked infrastructure, talent, and services. Designed to accelerate the growth of the broadcast, film, television, and music production industries, DSC free zone is an ultra-modern facility integrating every component of content production and broadcast under one roof. The DSC zone provides services including satellite uplink, digital distribution of industry networking opportunities, content, film permits for shooting in Dubai, production and location assistance, and short-term and long-term visa facilitation.

Facilities Offered by DSC Free Zone

  • Office Space
    • Building Maintenance
    • Basement car parking
    • Landscape gardens with amphitheatre and fountains
    • Office sizes from 500 sq ft to a whole building
  • Plots of Land
    • Provision of infrastructure available for the building of own facilities
    • Land is suitable for building offices, housing, schools, shops etc
    • Ready infrastructure for road, sewage, water, and electricity
  • Boutique Studios
    • Single offices/studio facilities located on the site
    • Shared open spaces
    • Car parking
  • Support Spaces

The free zone provides support spaces which are onsite studios and retail facilities

Commitbiz provides business setup facilities in Dubai to the budding entrepreneurs. Our services include providing visa, PRO, IP, accounting and bookkeeping services. If you want to avail these wide ranges of services, then we can help you with it. Contact us today- we’d be happy to help you.