Twofour54: Media Business Set up
With the name coined from the geographical co-ordinates of Abu Dhabi (24° North, 54° East), Twofour54, launched in 2008, aims to accelerate the media industry of Abu Dhabi. It is an amalgamation of 550+ media companies, 800+ freelancers, 80+ entrepreneurs, and 4000+ media professionals. Twofour54’s mission is to build a creative ecosystem inspiring world-class content and fostering the success of the media industry of the region. They are built on the values of dedication, respect, collaboration, entrepreneurship, professional excellence, and creative thinking. It houses the biggest brands and media houses in the industry, such as CNN, BBC, National Geographic, Fox, the Financial Times, and others.
Benefits of Abu Dhabi Numbeo has ranked it as number one safest city in the world
Centre of the world.
Makes up 65% of UAE’s economy
Home to 200 nationalities
Connects to the world’s major cities by way of direct flights
Additional benefits enjoyed at Twofour54
100% ownership
0% corporate tax
Free zone status
Technical staff which is highly-skilled
0% income tax
No minimum share capital requirements
Easy and quick setup
Cost-effective office space solutions
Additional benefits enjoyed at Twofour54
Online Briefing
Room
Strong and
Fully waived
dedicated
registration and
Freelance
license fee for the
Relations team
first two years
Marketing and
Chance to network
Facilities of a
Sales support
with over 550
dedicated
international and
business team
local companies
01
Submit your business plan or form
03
Provide any applicable payments, collect the license and start
02
If you set up your business at Twofour54, you can also apply for an onshore license from the Abu Dhabi Department of Economic Development, giving you more freedom and access to greater opportunities.
Easy three-step setup
Sign the required commercial, regulatory and legal documents
Types of Licenses
Set up a new company
A brand new Free Zone Limited Liability Company (FZ-LLC) can be set up whether your business consists of an individual or corporate shareholder or a mixture.
Some regulatory requirements to setup a FZ-LLC: • At least two directors are needed to be appointed • There is no minimum fixed share capital requirement, and it can be in any currency. • It needs to have one registered office in the media zone.
Types of Licenses Set up a new branch
Under this, you can expand your current/existing business. Some regulatory requirements for setup:
• A decision to setup a branch in the Media Zone must be indicated by the Principal Company. • A General Manager has to be appointed for the branch. • A registered office should be there in the media zone.
Types of Licenses Get a freelancing license Here, you can work independently or start freelancing through various opportunities with their regional and international partners and even government entities.
Startups The setup if made for companies that are based on digital content creation and audio-visual content production.
State-of-the-art services at Twofour54 Business Services
Partners Intranet The Intranet Connect portal is basically an online platform for the Twofour54 community where the partners can engage with the collaborative ecosystem, access the resources, share news, register for events, search for any freelance talent, avail exclusive offers, and such other things.
Networking Events Every quarter, a twofour54 connect is organized, and it provides an engaging opportunity for the partners to network with other partners, businesses, and government entities, and talk to potential customers along with finding out about the latest developments.
Marketing Support Twofour54 provides the tools to promote the business all over the community and across the media. Be it promotion on social media, or sharing of success stories and brand placements, everything is done.
Government Liaison Twofour54 team can liaise with the government authorities across UAE for visas, registration, film permits, customs, driving licenses, and others.
In-house Travel Agency Be it booking of flights, looking for the right hotel, to-and-fro airport services, and the in-house travel agency does it all.
Logistic and Office Support A range of relocation and tenant services are provided.
People and Community TwoFour54 Free Zone TwoFour54 has a pool of 530+ freelancers across 60 media specialties, be it a marketing strategist, a graphic designer, photographer, or anyone else. It also fosters a pool of young talent, providing them internships, courses, and access to other skill-
building facilities.
Campus Facilities
Studios They have seven broadcast studio facilities with each
Backlot
having their own production gallery, green room,
The backlot is 300,000 sq. m. and offers a range of
make-up room, dressing room and are supported by
sets and facilities suitable for all types of production.
staff. The studios are also soundproofed.
There are costume rooms, make-up rooms, dressing rooms, a large canteen, production offices, all of which make film making seamless.
Edit suites The Digital Studio Magazine has named Twofour54 “Post Production House of the Year� several times. It offers multi-use post-production suites that are dedicated to high-end finishing, composting, and color grading.
Screening room Twofour54 has a screening room that provides 16
Meeting rooms
superior quality raked seats that would ensure that you and all your guests have a perfect seat in the
Twofour54 has a variety of meeting rooms and event
house. True 4k cinema projection and Dolby
venues, which are all in close proximity to the offices
surround sound are a few of the features of the
there. The capacity varies from 5 people to 200 people.
state-of-the-art screening room.
These meeting rooms and event venues can conduct multiple functions, be it a small business meeting or even press conferences.
Shop and eat Restaurants, coffee shops, convenience stores, gym, banks, and ATM and public transport are other
facilities available that make their community more than just a place of work.
The lab It is a creative environment that gives the space to work, meet, connect, run workshops, or probably just hang out.
Business Setup at Twofour54 Free Zone, Abu Dhabi Frequently Asked Questions
Is leasing an office required for the business? Yes, and Twofour54 has a variety of offices available for all business types.
Can a company be opened from Twofour54 from abroad? Yes, it can be opened if one can provide all the required information.
Is there any minimum share capital requirement? No, there is no minimum share capital requirement.
Business Setup at Twofour54 Free Zone, Abu Dhabi Frequently Asked Questions Is it necessary for the shareholders to reside in the UAE? No, it is only necessary for the General Manager and the employees to reside in the UAE.
Company Formation Service N R Doshi & Partners Being one of the renowned business setup consultants in Dubai, N R Doshi & Partners helps businesses form a company in Abu Dhabi. Our Twofour54 Free Zone business setup services include:
• Filing of application for a business registration certificate • Immigration account opening • An account opening from the ministry of labor • Assistance in the bank account opening • Handling complete procedures until you get a license and beyond We also provide accounting and assurance services, VAT consulting, and outsourcing services. Contact us Now!!!
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