Business Setup in Dubai International Media Production Zone (IMPZ)

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Dubai International Media Production Zone

The International Media Production Zone was established in 2003 as a common location for businesses in the media production industries. Companies in graphic arts services, printing, publishing and packaging are welcomed in the free zone with all the advantages normally associated with Dubai Free Zones. The International Media Production Zone (IMPZ) offers a state-of-the-art infrastructure designed to meet the requirements of businesses operating in the media production industry. The pro-business environment includes sophisticated technology support infrastructure. The proximity to businesses in related industries makes collaboration easy and makes resources and services readily available. This free zone is one component in Dubai’s quest to become a global media hub.

The International Media Production Zone is regulated by Dubai Creative Clusters Authority (DCCA) which is an independent government body established by the Dubai Government. It is responsible for regulations that that insure conformity with international standards and administers company registration in the International Media Production Zone.

To learn more about the DCCA visit their website at http://dcca.gov.ae/en/about-dcca/

A company’s business activities are specified in the license issued to the business. Allowed business activities in International Media Production Zone are:

  • Publishing
  • Graphic arts services
  • General support services
  • Storage services
  • Design services
  • Printing machinery
  • Printing consumables manufacturing
  • Printing press
  • Packaging
  • Packaging machinery and consumables manufacturing
  • Providers of legal, auditing, accounting services
  • Providers of property management services
  • Providers of travel, insurance and courier services
  • Regional headquarters – representative offices, call centers, marketing offices
  • Hotels, apartments and leisure facilities

IMPZ offers benefits similar to other Free Zones in Dubai. The list of these benefits includes:

  • 100% foreign ownership – no local sponsor or partner requirements
  • 100% personal and corporate tax free guaranteed for 50 years
  • 100% repatriation of profits and capital
  • Zero customs duty for goods and services
  • Cluster working environment providing interaction and cooperation with businesses in related fields
  • Proximity to well known global, regional and local media industry players
  • Suppliers and providers located nearby
  • Infrastructure and services which promote success and profitability
  • Ideal business environment with limited regulatory interference
  • State-of-the-art technology and advanced support for operations
  • One-stop shop for governmental services – Quick and easy access to government offices and regulatory authorities
  • Simple, hassle-free setup of companies – no hidden hoops to jump through
  • Simple legal framework and transparent company laws
  • 24/7 visa service
  • Easy access to technical workers thanks to a fast-track immigration process

CLIENTS

Our expertise and experience in professional accounting and consultancy equips us to provide our services to a wide range of clients ranging from service providers, traders to manufacturers. Our clients have every reason to say that we are the best professionals in the town in terms of our quality work and competitive prices.

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TESTIMONIALS

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There are several types of Business Licenses permitted in International Media Production Zone:

1. New Company Setup with an individual applicant (real person)

• C.V. (resume) and passport copy for the Manager
• Proof of trade name registration. We* can provide this.
• Proof of initial approval for business formation activities. We* can provide this.
• Completed personal information sheet for each manager and shareholder. We* can provide a template.
• Lease agreement specifying a physical address that meets minimum requirements. We* can locate appropriate office space and provide proper documentation.
• Proof of deposit of the minimum required capital AED50,000 (US$13,698)
• If a local agent* is used (highly recommended) the designated agent must have power of attorney documents.

The local authority may request or require additional documents.

2. Requirements for a New Company setup with Corporate (shareholder-based) applicant:

• Proof of trade name registration – Provided by us*.
• Proof of initial approval for business formation activities. – Provided by us*.
• Copies of shareholder passports
• Passport copy and C.V. (resume) for the designated manager
• Lease agreement specifying a physical address that meets minimum requirements. We* can locate proper office space and obtain lease documents.
• Notarized and attested (by the UAE Embassy in the origin country) Memorandum of Association and/or Articles of Association
• A resolution from the board of directors of the parent company expressing the intent to establish a new business abroad. This must be notarized by the UAE Embassy in the origin country.
• A certificate of registration for the parent company from the registrar of businesses in the origin country. This may be a Certificate of Incorporation, a business license or other applicable documents notarized by the UAE Embassy
• Proof of deposit of the minimum required capital AED50,000 (US$13,698)
• If a local agent* is used (highly recommended) the designated agent must have power of attorney documents.

The local authority may request or require additional documents.

3. Branch of a foreign company requirements:

• Copies of Shareholders’ passports
• A Basic business plan. We* can provide this.
• A company profile and physical address of the business
• Passport copy and C.V. (resume) for the Manager of the new branch
• Personal information sheet for each shareholder and manager
• Proof of trade name registration – Provided by us*.
• Proof of initial approval for business formation activities. – Provided by us*.
• Notarized and attested (by the UAE Embassy in the origin country) Memorandum of Association and/or Articles of Association
• A resolution from the board of directors of the parent company expressing the intent to establish a new setup abroad. This must be notarized by the UAE Embassy in the origin country.
• A certificate of registration for the parent company from the registrar of businesses in the origin country. This may be a Certificate of Incorporation, a business license or other applicable documents notarized by the UAE Embassy
• If a local agent* is used (highly recommended) the designated agent must have power of attorney documents.

The local authority may request additional documents.

4. Requirements for Branch of a Local Company with individual applicant:

• Passport copy for the applicant
• Passport copy and C.V. For the manager (a university degree is required)
• Personal information sheet for each shareholder and manager – We* can provide a template.
• Proof of trade name registration – Provided by us*.
• Proof of initial approval for business formation activities. – Provided by us*.
• Lease agreement specifying a physical address that meets minimum requirements. We* can locate appropriate office space and provide proper documentation.
• If a local agent* is used (highly recommended) the designated agent must have power of attorney documents.
• Certificate of registration for the parent company
• Physical address of the parent company

The local authority may request additional documents.

5. Requirements for Branch of a Local Company with corporate applicant:

• Passport copies for the shareholders
• Passport copy and C.V. For the manager (a university degree is required)
• Personal information sheet for each shareholder and manager – We* can provide a template.
• Proof of trade name registration – Provided by us*.
• Proof of initial approval for business formation activities. – Provided by us*.
• Notarized Memorandum of Association and/or Articles of Association for the parent company
• A valid Certificate of registration for the parent company
• A company profile and physical address of the parent company
• A resolution from the board of directors of the parent company expressing the intent to establish a new branch office. This must be notarized by the UAE Notary public. We* can provide a template.
• If a local agent* is used (highly recommended) the designated agent must have power of attorney documents.
• Lease agreement specifying a physical address that meets minimum requirements. We* can locate appropriate office space and provide proper documentation.

* Push Digits is an independent partnership formed in UAE. Push Digits’ core business is providing industry leading accounting book keeping services, Company Formation in Dubai – U.A.E, Internal Audit and External Audit Preparation Services.

How Push Digits Will Help You

One of the many valuable services Push Digits offers is assistance with company formation in Dubai Free Zones including the International Media Production Zone (IMPZ). We can help you connect with the business authorities in the region to get required applications and approvals. We will make sure you have all required documents when and where they’re needed and that the documents are properly completed.

After your New Company or Branch Office is up and running we offer additional support to make your business life easier. Our services include accounting and financial services; financial projections; internal audits; preparation for external audits and a host of other valuable services. We push the digits for you, leaving you time for your core business and more time for your personal life.


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