Twofour54: Media Business Set up

2. Twofour54: Media Business Set up 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.

3. Benefits of Abu Dhabi Benefits of Abu Dhabi Numbeo has ranked it as number one safest city in the world Centre of the world. Home to 200 nationalities Connects to the world’s major cities by way of direct flights Makes up 65% of UAE’s economy

4. Additional benefits enjoyed at Twofour54 Additional benefits enjoyed at Twofour54 No minimum share capital requirements 0% 0% 100% ownership income tax corporate tax Technical staff which is highly-skilled Free zone status Easy and quick setup Cost-effective office space solutions

5. Additional benefits enjoyed at Twofour54 Additional benefits enjoyed at Twofour54 Fully waived Strong and Chance to network Online Briefing Marketing and Facilities of a registration and dedicated with over 550 Room Sales support dedicated license fee for the Freelance international and business team first two years Relations team local companies

6. 01 01 Submit your business plan or form 02 02 Sign the required commercial, regulatory and legal documents 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. Provide any applicable payments, collect the license and start Easy three Easy three- -step setup step setup 0 03 3

7. Types of Licenses Types of Licenses Set up a new company 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. • • •

8. Types of Licenses Types of Licenses Set up a new branch 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. • • •

9. Types of Licenses Types of Licenses Startups Startups The setup if made for companies that are based on digital content creation and audio-visual content production. Get a freelancing license 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.

10. State State- -of of- -the the- -art services at Twofour54 art services at Twofour54 Business Services Business Services Partners Intranet Partners Intranet The Intranet Connect portal is basically an online platform for community where the partners can engage with the collaborative ecosystem, access the resources, share news, register for events, search for any freelance exclusive offers, and such other things. the Twofour54 Networking Events Networking Events Every quarter, 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 developments. a twofour54 connect is talent, avail about the latest

11. Marketing Support 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 Government Liaison Twofour54 team can liaise with the authorities across UAE for visas, registration, permits, customs, driving licenses, and others. government film

12. In In- -house Travel Agency house Travel Agency Be it booking of flights, looking for the right hotel, to-and-fro services, and the in-house travel agency doesit all. airport Logistic and Office Support Logistic and Office Support A range of relocation and tenant services provided. are

13. People and Community People and Community TwoFour54 TwoFour54Free Zone 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.

14. Campus Facilities Campus Facilities Studios Studios Backlot Backlot They have seven broadcast studio facilities with each The backlot is 300,000 sq. m. and offers a range of having their own production gallery, green room, make-up room, dressing room and are supported by sets and facilities suitable for all types of production. There are costume rooms, make-up rooms, dressing staff. The studios are also soundproofed. rooms, a large canteen, production offices, all of which make film making seamless.

15. Edit suites 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 Screening room Screening room high-end finishing, composting, and color grading. Twofour54 has a screening room that provides 16 superior quality raked seats that would ensure that Meeting rooms Meeting rooms 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.

16. Shop and eat Shop and eat Restaurants, coffee shops, convenience stores, gym, banks, and ATM and public transport are other The lab The lab facilities available that make their community more than just a place of work. It is a creative environment that gives the space to work, meet, connect, run workshops, or probably just hang out.

17. Business Setup at Twofour54 Free Zone, Business Setup at Twofour54 Free Zone, Abu Dhabi Abu Dhabi Frequently Asked Questions Frequently Asked Questions Is leasing an office required for the business? 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? 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? Is there any minimum share capital requirement? No, there is no minimum share capital requirement.

18. Business Setup at Twofour54 Free Zone, Abu Business Setup at Twofour54 Free Zone, Abu Dhabi Dhabi Frequently Asked Questions Frequently Asked Questions Is it necessary for the shareholders to reside in the UAE? 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.

19. Company Formation Service Company Formation Service N R Doshi & Partners 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 Contact us Now!!!

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