Twofour54
TwoFour54 was founded in 2008 with a striving visualization of reinforcing Abu Dhabi’s media industry. It is located in the centre of the Middle East and North Africa that is the MENA region in Abu Dhabi. It is only 20 minutes away from Abu Dhabi and 50 minutes away from Dubai. TwoFour54 is efficiently governed by the MZA that is; Media Zone Authority to strengthen Abu Dhabi’s position as a significant competitor in the flourishing global media industry.
Well-established media houses such as CNN, BBC, Thomson Reuters Foundation, Financial Times, and many more have set-up in TwoFour54. Additionally, the free zone has a talent pool of about 4000 experts and professionals along with 600 freelancers. With this type of companies established here, you can also be benefitted from growing economy of TwoFour54 and leverage the most for your business
Business set-up benefits in TwoFour54 Free Zone
- Zero percent income tax rate
- No charges on corporate tax
- Top-rated studios as well as post-production facilities
- No requirements for minimum share capital
- The easy plus rapid set-up procedure for visa services
- Hassle-free access to the online briefing room
- Cost-effective solutions for office space
- Trained and highly skilled staff
- Facilitate companies with on-site HD production and post-production amenities
- Robust IP Protection framework
- World-class infrastructure with fibre connectivity
- Facilitate entrepreneurs with entertainment and media partners with freelance relations team
- Offers excellent community collaboration opportunities
- Excellent sales and marketing support
- Consistent networking events with stakeholders in Abu Dhabi
- 100% foreign investment
Types of business setup in TwoFour54 Free Zone
- Free Zone Limited Liability Company (FZ-LLC): It is an independent company with one stakeholder.
- Branch of a foreign/ local company: It is a fully dependent company that functions under its parent company.
- Freelancer: The entrepreneurs or freelancers get a chance to explore their talent in the media industry within this zone.
Business Activity License permitted in TwoFour54 Free Zone
- Mobile License: The individuals interested in monitoring or newsgathering services get approved by this license.
- Production License: It is issued to the individuals or companies providing post-production services.
- Publishing License: It is for individuals or firms interested in digital content or news publication.
- Animation License: The license is approved when one wants to show their talent in the gaming or animation sector.
- TV/Film License: The media or entertainment companies should get approval for this license.
Nasiha has helped many investors for company formation in TwoFour54. We have a huge team of experts who understand the legal laws of different free zones in Abu Dhabi. Apart from helping you in business registration in TwoFour54, we also help you in finding the right zone for your business type. For any queries, get in touch with us and we will revert back to you in 24 hours.
AZIZ
DIRECTOR OF COMPLIANCE AT TABARAK INVESTMENT BANK
Tabarak had the pleasure and professionalism to receive services provided by Nasiha. Very professional, great experience and highly recommended.