Setup your company in twofour54 Abu Dhabi Media Zone Authority
Twofour54 is a media free zone located at the heart of one of the quickest growing media markets in the world with attractive monetary advantages for companies which includes an easy licensing and business set-up offerings, a hundred% organization ownership in solid surroundings. It’s the best location for your business, huge or small, to thrive and prosper. The name Twofour54 is according to geological coordinates of Abu Dhabi. The purpose of twofour54 Freezone is to improve Arabic media and entertainment for Arabs and to make regionally Abu Dhabi Media Zone as center of perfection in all fields of media and entertainment like movie, music, broadcast, digital media, gaming, publishing and events.
Twofour54 media zone allows you following types of setup
Free Zone Limited Liability Company (FZ-LLC):
The FZ-LLC is an independent entity, with individual shareholders, corporate shareholders or both individual and corporate shareholders.
It’s a representation of UAE based or foreign company incorporated in another authority or freezone.
It offers individuals ability to operate as a freelancer media professional inside twofour54’s media and entertainment hub.
This choice is only offered to content creation entrepreneurial start ups which are in the business of digital content creation like mobile, online, device content and A/V content production for TV, web and cinema.
Twofour54’s purpose is to make a shared and encouraging community for campus, it also motivates artistic and qualified partnerships all the way through with 3 key enterprise pillars: tadreeb -the schooling academy; ibtikar – modernization & guide; and intaj – nation of art production centers. Tawasol are business assistant that helps organizations and people trying to be part of the twofour54 Freezone.
Registering an agency in Twofour54 freezone in Abu Dhabi offers many benefits to overseas businessmen. Amongst these, there are financial benefits which include:
– complete foreign ownership and no taxes on company income and repatriation of earnings,
– No taxes on imports,
– No taxes on non-public incomes,
– 30% cash allowance for international movie and TV productions.
Overseas investors may even benefit from one-stop shop for business licensing and company registration with the Media Zone Authority. Additionally, groups operating in Twofour54 freezone and employing foreign residents are not required to deposit a security fee while applying for the work visa.