Dubai Production City or International Media Production Zone (IMPZ) began its existence in 2003 as a business center for the world-famous publishing, printing and packaging industries. IMPZ FZ is located in the south of Jumeirah and offers many advantages for those merchants, who want to start an entrepreneurial business in Dubai in industries such as:
- printed matter;
- graphic design;
- printing and packaging materials;
- publishing house;
- publishing support service;
- advertising services;
- warehousing;
Among a large number of free zones, it is difficult to make the right choice. For this purpose, it will be advisable to turn to specialists who will provide you with assistance in registering a company in Dubai Production City Free Zone and other free zones of the UAE.
If you decide to organize a business in IMPZ, pay attention to the benefits, that will be available to you, namely, a growth-oriented environment with features:
- exemption from corporate and income taxes;
- a foreign investor has rights to full property in the UAE;
- repatriation of funds;
- lack of currency restrictions;
- low prices for operations;
- simplified registration mechanism;
- high-level traffic interchanges;
- a friendly business environment specifically designed for media and printing houses;
To set up business in DPC FZ
There are certain steps, that must be completed without fail, before starting a business in Dubai.
The first step is to choose a valid legal form:
- LLC "FZ";
- A foreign branch;
- A local branch;
- Freelance
If the company is under the direction of an individual: you must provide a request and documentation on the type of activity of your enterprise, a business plan, a valid copy of the passports of shareholders/managers/directors and the legal representative (if any), as well as other documents in accordance with the checklist
Next, you need to choose a suitable commercial premises, conclude a lease and pay all necessary fees.
After this, you should sign the Memorandum, the Charter.
You can obtain a DPC license and registration certificate from DCCA (it is the regulatory authority in these questions).
To set up a foreign branch in DPC or register a local company in Dubai as a legal entity, you will need the same documents + a copy of the registration certificate for the legal entity.
To start a freelance in Dubai, the list of documents remains the same + a freelance permit (for those who work and receive their own income - freelancers), a valid copy of the applicant’s passport, personal recommendation letters (minimum 3), the applicant’s portfolio.
After completing the registration procedure, the freelancer will obtain UAE licenses and a certificate of registration.
Licensing in IMPZ
- Publishing license (for the production of printed materials);
- General license (for travel, insurance, courier services, legal advice, marketing);
- Design license (graphic design);
Final word
The process of creating a business in the UAE may require the participation of experienced professionals who will provide you with assistance in setting up a company in Dubai Production City, as well as advice on opening bank accounts in Dubai.
For more details, please contact YB Case team by filling out the feedback form below.