twofour54
twofour54 twofour54, is the brand name of the Media Zone Authority of Abu Dhabi, which is mainly focused on developing world class Arabic media and entertainment content. The Media Free Zone has been established as per the decree No. 12 of 2007.
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continue... Along with business, twofour54 offers world class film and tv services The company works with businesses in television , radio ,film, publishing, online, mobile, music gaming and animation to create local content and grow the Arab media industry
continue... If you wish to start a business here,twofour54 will provide you a perfect location and business set up options for your business, big or small, to thrive and prosper
Since Media Zone Authority has administrative capacity ,it regulates and licences the companies, and offers sponsorship of employees.
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BUSINESS TYPES Free Limited Liability Company (FZ-LLC) A FZ-LLC is an independent legal entity Free Zone Limited Liability Company (FZ-LLC) The Freelancer Licensing offers individuals the ability to operate as a freelance media professional (sole proprietor) within the twofour54 media & entertainment hub. Branch A Branch is a representation of an existing UAEbased or foreign company incorporated in another jurisdiction or free zone
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BUSINESS TYPES
Free Limited Liability Company (FZ-LLC) A FZ-LLC is an independent legal entity Free Zone Limited Liability Company (FZ-LLC) The Freelancer Licensing offers individuals the ability to operate as a freelance media professional (sole proprietor) within the twofour54 media & entertainment hub. Branch A Branch is a representation of an existing UAEbased or foreign company incorporated in another jurisdiction or free zone
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Start-Ups This option is only offered to content creation entrepreneurial start-ups which are in the business of digital content creation (mobile, online, device content) and A/V content production for TV, web and cinema..
TERMS AND CONDITIONS Regulatory requirements for incorporation of FZ-LLC • FZ-LLC may be incorporated with natural persons or corporate as shareholders • Minimum two directors • General Manager and Secretary • No minimum amount of paid-up share capital; however, the FZ-LLC can be capitalized with any amount depending on the project • FZ-LLC must have a registered officewithin the Media Zone
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Continue....... Regulatory requirements for registering branch • Parent company must be validly in existence either in uae or overseas • Appoint a general manager • Branch must have a registered office within the media zone
DISSEMINATION LICENCE
Required if the proposed entity intends to publish a print book, print magazine, print newspaper or broadcast a satellite or terrestrial television channel or radio station.
OTHER BUSINESS INITIATIVES OF twofour54
objective of twofour54 is to create a community; stimulating creative and professional partnerships through three key business pillars:
tadreeb -the training academy; ibtikar - innovation & support; intaj - state of the art production facilities
ABOUT tadreeb It offers world-class courses and training solutions in all aspects of media from its state-of-the-art academy located in Abu Dhabi. It has a library of over 200 courses All training programmes are developed in conjunction with global media It provides media related training ranging from digital audio techniques and video journalism to writing for radio and social media skills.
TRAINING SERVICES OF tadreeb tadreeb offers training services across the following areas
• Television • Digital Media • Animation • Journalism • Radio
continue... • Broadcast technology • PR and Communications Media Business • Visual and Web Design AudioVisual
ABOUT ibtikar
It provides financing and support for businesses and individuals targeting the Arab media and entertainment industry. It offers funding and support to young Arabs with great ideas which includes seed funding, investment in content development guidance and planning. ibtikar venture offers early stage or growth capital supporting media and content businesses which aim to become regional leaders.
ABOUT intaj
intaj is the media technologies arm of twofour54. intaj offers state-of-the-art high definition (HD) and 3D stereoscopic (3DS) production, postproduction facilities, media asset management, digital archiving, playout and broadcasting services.
BENEFITS OF STARTING BUSINESS IN twofour54 twofour54 is a tax-free media free zone It is offering attractive fiscal benefits for companies, 100% foreign ownership and an efficient and clear regulatory framework.
For more details................
CONTACT US Morison Menon Chartered Accountants Level 15, Lake Central - At The Bay, Business Bay, Al Abraj Street, P. O. Box : 55535, Dubai, UAE www.morisonmenon.com