Business Setup in Dubai Studio City (DSC) Free Zone

Dubai Studio City (DSC) is a state-of-the-art facility built to meet the needs of the media and entertainment industry in Dubai. This purpose-built community offers a range of facilities and services to support the growth of businesses and individuals in the creative sector. In this article, we will explore the key features of Dubai Studio City and why it is a popular choice for media and entertainment businesses.

Key Features of Dubai Studio City

Dubai Studio City is designed to meet the needs of the media and entertainment industry in Dubai. Some of the key features of Dubai Studio City include:

Purpose-built community: Dubai Studio City is designed as a purpose-built community for media and entertainment businesses. The facilities and services offered are tailored to the needs of the creative sector.

Wide range of facilities: Dubai Studio City offers a wide range of facilities and services, including sound stages, post-production facilities, broadcasting services, and creative spaces. This makes it an attractive option for production companies, post-production facilities, and broadcasting companies.

Free zone status: Dubai Studio City is a free zone, providing a business-friendly environment for companies. This means that businesses can enjoy 100% ownership, 100% tax exemption, and no restrictions on repatriation of capital and profits.

Infrastructure and support services: Dubai Studio City offers a range of infrastructure and support services to help businesses grow. This includes high-speed internet, 24/7 security, and a dedicated business center.

Location: Dubai Studio City is located in Dubai’s Motor City, making it easily accessible by car and public transportation. It is also located close to major highways, the Dubai International Airport, and the Dubai Expo 2020 site.

Advantages of Setting up a Business in Dubai Studio City

Dubai Studio City offers many advantages for businesses in the media and entertainment industry. Some of the key advantages of setting up a business in Dubai Studio City include:

Strategic location: Dubai Studio City is located in the heart of Dubai, providing businesses with easy access to a large pool of talent and skilled professionals. This strategic location also provides businesses with opportunities to connect with other media and entertainment businesses, creating opportunities for collaboration and partnerships.

Competitive business costs: Dubai Studio City offers competitive business costs and tax incentives, making it an attractive option for businesses looking to minimize their expenses.

Easy registration process: Dubai Studio City has a streamlined registration process, making it easy for businesses to set up their operations in the community. The registration process involves submitting an application form, providing required documents, obtaining necessary approvals and licenses, opening a bank account, and obtaining a lease agreement for an office or studio space.

Flexibility to hire foreign employees: Dubai Studio City provides businesses with the flexibility to hire foreign employees, making it easier to attract talent from around the world.

How to setup business in Dubai Studio City:

Step 1: Choose a business activity

The first step in setting up a company in Dubai Studio City is to choose a business activity. Dubai Studio City allows businesses to engage in a wide range of activities related to the media and entertainment industry, such as film production, broadcasting, post-production, and music recording.

Step 2: Choose a legal structure

The second step is to choose a legal structure for your business. Dubai Studio City offers several legal structures, including a free zone limited liability company (FZ-LLC), branch office, or freelancer permit.

Free zone limited liability company (FZ-LLC): This structure allows 100% ownership of the business by the foreign investor. The minimum capital requirement for a FZ-LLC in Dubai Studio City is AED 50,000.

Branch office: A branch office is a subsidiary of a company that is registered outside of Dubai. The parent company must have a track record of at least two years to be eligible to set up a branch office in Dubai Studio City.

Freelancer permit: This is a permit that allows individuals to work as freelancers in Dubai Studio City. Freelancers can operate under their own name and do not require a separate legal entity.

Step 3: Register your business

Once you have chosen a business activity and legal structure, the next step is to register your business. The registration process involves submitting an application form and providing the necessary documents, such as passport copies and business plans.

Step 4: Obtain necessary approvals and licenses

After the registration process is complete, you will need to obtain necessary approvals and licenses from the relevant authorities. This includes obtaining a trade license, which allows you to conduct business in Dubai Studio City, and a residence visa, which allows you to live and work in Dubai.

Step 5: Lease office or studio space

Once you have obtained the necessary approvals and licenses, the next step is to lease an office or studio space in Dubai Studio City. Dubai Studio City offers a range of office and studio spaces to meet the needs of businesses in the media and entertainment industry.

Step 6: Open a bank account

The final step in setting up a business in Dubai Studio City is to open a bank account. This will allow you to receive and make payments in Dubai Studio City.

Conclusion

Dubai Studio City is a purpose-built community designed to meet the needs of the media and entertainment industry in Dubai. It offers a range of facilities and services to support the growth of businesses and individuals in the creative sector. Some of the key features of Dubai Studio City include purpose-built facilities, a business-friendly environment, infrastructure and support services, and a strategic location. The easy and streamlined registration process, competitive business costs, and tax incentives make it an attractive option for businesses looking to expand in Dubai.