Business Setup in Dubai Production City Free Zone

Dubai Production City (DPC), formerly known as International Media Production Zone (IMPZ), is a free zone located in Dubai, United Arab Emirates (UAE). It is a specialized economic zone dedicated to companies in media production and related industries, such as printing, publishing, packaging, and graphic design.

DPC was established in 2003 to cater to the growing demand for media production facilities in the region. The zone covers an area of 43 million square feet and has state-of-the-art infrastructure and facilities to support the needs of companies operating within its premises.

Companies that set up their business in DPC can benefit from a range of advantages, including a favorable business environment, world-class infrastructure, and access to a talented pool of professionals. In this article, we will discuss in detail the various aspects of Dubai Production City, including its benefits, registration process, and costs involved in setting up a business in the free zone.

Benefits of Setting Up Business in Dubai Production City

1. Strategic Location: DPC is located in the heart of Dubai, close to major transport routes such as Sheikh Zayed Road and Dubai Al Ain Road. It is also situated near Dubai’s major business districts, making it a convenient location for businesses that require easy access to other parts of the city.
2. World-Class Infrastructure: DPC has state-of-the-art infrastructure and facilities to support the needs of businesses in the media production industry. The zone provides companies with modern offices, warehouses, and production facilities equipped with the latest technology.
3. Favorable Business Environment: DPC offers a business-friendly environment with a range of incentives and benefits to companies that set up their operations in the zone. The free zone also provides a range of business support services, including legal, accounting, and administrative services.
4. Access to a Talented Workforce: Dubai is home to a diverse and talented pool of professionals, including skilled workers in media production and related industries. DPC provides companies with access to this talented workforce, enabling them to recruit skilled workers to support their business operations.
5. Tax Benefits: Companies that set up their business in DPC are exempt from corporate and personal income tax, import and export duties, and value-added tax (VAT). This makes it an attractive location for businesses looking to minimize their tax liabilities.

Step By Step Process For Business Setup in Dubai Production City Free Zone:

Dubai Production City (DPC) is a free zone in Dubai, United Arab Emirates (UAE), established in 2003. It is a dedicated community for production-based businesses, offering a range of services and infrastructure to support companies in the manufacturing, printing, packaging, and publishing sectors. In this article, we will provide a detailed guide on the steps to set up a business in Dubai Production City free zone.

Step 1: Determine Business Activity and Legal Structure

The first step in a business setup in Dubai Production City is to determine the type of business activity and legal structure. Companies in the production sector can engage in a range of activities, including printing, publishing, packaging, manufacturing, and logistics. The legal structure of the company can be either a Free Zone Limited Liability Company (FZ-LLC) or a Branch Office.

Step 2: Choose a Business Name and Activity

After determining the business activity and legal structure, the next step is to choose a business name and activity. The business name should be unique and relevant to the activity, and it must comply with the naming conventions of the Department of Economic Development (DED) in Dubai. In addition, businesses must obtain a No Objection Certificate (NOC) from the relevant authority for the chosen activity.

Step 3: Apply for a Business License

Once the business name and activity are finalized, the next step is to apply for a company license. Companies can choose from two types of licenses in Dubai Production City: Trading License and Industrial License. The Trading License is for companies engaged in trading activities, while the Industrial License is for companies engaged in manufacturing, printing, or packaging activities.

To apply for a business license, the company must submit the following documents to the Dubai Production City authority:

• Completed application form
• Business plan
• Copy of passport and visa of the shareholder(s)
• Copy of passport and visa of the manager
• Proof of share capital
• NOC from the relevant authority for the chosen activity
• Lease agreement or tenancy contract

Step 4: Obtain Initial Approval

After submitting the company license application and supporting documents, the Dubai Production City authority will review the application and issue an initial approval if all requirements are met. The initial approval allows the company to proceed with the next steps in the process.

Step 5: Obtain a Lease Agreement

Companies in Dubai Production City must have a physical office or warehouse within the free zone to conduct their business. Therefore, the next step is to obtain a lease agreement for the required space. The free zone offers a range of options for companies, including offices, warehouses, and land for development.

Step 6: Make Payment

After obtaining the lease agreement, the company must make the necessary payments to the Dubai Production City authority. The fees include the license fee, registration fee, lease fee, and other applicable fees. The fees vary depending on the type of license, activity, and space requirements.

Step 7: Submit Final Documents

Once the payment is made, the company must submit the final documents to the Dubai Production City authority. These documents include the lease agreement, proof of payment, and other relevant documents.

Step 8: Obtain the License and Start Operations

After the final documents are submitted and reviewed, the Dubai Production City authority will issue the license. With the license in hand, the company can start its operations in the free zone.

In addition to these steps, companies may also need to obtain visas for their employees and apply for any necessary approvals or permits from the relevant authorities. The Dubai Production City authority provides support and guidance to companies throughout the process to ensure a smooth and efficient setup.

Dubai Production City Free Zone Business Setup Cost:

The cost of a business license in Dubai Production City (DPC) varies depending on the type of license and the activities to be conducted. There are three types of licenses available in DPC:

1. Commercial License: This license allows the company to conduct trading, commercial, or industrial activities within DPC. The cost of a commercial license is AED 10,000 for the first year and AED 7,500 for renewal.
2. Service License: This license is for companies that provide services such as consulting, IT, or marketing within DPC. The cost of a service license is AED 10,000 for the first year and AED 7,500 for renewal.
3. Industrial License: This license is for companies involved in manufacturing, assembling, or production activities within DPC. The cost of an industrial license is AED 15,000 for the first year and AED 10,000 for renewal.

In addition to the license cost, there are other fees and charges involved in setting up a business in DPC. These include:

1. Registration Fee: A one-time fee of AED 1,500 is charged for the initial registration of the company.
2. Office Space Rental: The cost of office space rental varies depending on the size and location of the office. DPC offers a range of office spaces to suit the needs of different businesses.
3. Visa and Immigration Fees: Companies are required to obtain visas for their employees and pay the associated fees. The cost of a visa depends on the type of visa and the duration of stay.
4. Renewal Fees: Companies are required to renew their licenses and visas annually. The renewal fees for licenses and visas vary depending on the type of license and visa.
5. Additional Charges: There may be additional charges for services such as marketing, accounting, and legal services.