TWOFOUR54 ABU DHABI FREE ZONE2024-10-03T15:47:47+04:00

UAE MAINLAND

TWOFOUR54 ABU DHABI

What is the significance of having a UAE mainland firm, and what does it represent?

Twofour54 is a media free zone that provides world-class infrastructure and support services that enable the creative community to bring their ideas to life.

TWOFOUR54 ABU DHABI

UAE Mainland

Twofour54 is a media free zone that provides world-class infrastructure and support services that enable the creative community to bring their ideas to life.

What is the significance of having a UAE mainland firm, and what does it represent?

Launched in 2008 and named after Abu Dhabi’s geographic coordinates, twofour54 has made a name for itself as a vital component of the city’s developing creative and media ecosystem. It is located in Yas Creative Hub, the first purpose-built development for media, entertainment and gaming in the region. Twofour54 creates custom destinations to house and support the creative communities, allowing the creative industries to interact, flourish, and prosper inside this vibrant eco-system. It has also appointed international media leader Mark Whitehead as CEO to lead twofour54.

In their view, a destination is a place to be inspired and creative rather than just a physical location. They foster innovation and teamwork across the whole company lifecycle, from big multinationals to SMEs and independent contractors. To accommodate and support creative communities, our bespoke locations offer fully configurable office space, top-notch production facilities and services, and business support services. It is part of the ADNEC group and has over 700 media companies, 900 freelancers and 130 entrepreneurs It offers world-class production facilities and services, talent development initiatives and training, and business support services. It has launched ‘The Community Hub’ to empower creatives and startups with its array of spaces and brainstorming areas. Also has launched ‘twofour54 Studios’ to offer end-to-end facilities for productions of all scales by 2025

Twofour54’s freelance visa is the best option if you are contemplating working as a freelancer in the UAE in the production, entertainment, or media sectors. As a freelancer, joining twofour54 gives you access to a network of 600 local, regional, and global media partners as well as an array of options for working with some of the greatest brands in our business.

 

Advantages Of Business Setup in TwoFour54 Abu Dhabi

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Abu Dhabi Free Zones

The businesses that are covered by Abu Dhabi’s free zones include small companies, media, and logistics.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why TwoFour54 Abu Dhabi For Your Company Formation?

From large-scale TV dramas, entertainment shows, and feature films to corporate videos, TVCs, and music videos, their production team has the knowledge, expertise, and connections to deliver any kind of production. twofour54’s world-class facilities have supported thousands of productions since 2009. This comprises small-scale films and regional drama series, as well as Hollywood blockbusters like “Fast and Furious,” “Mission Impossible,” and “Star Wars,” as well as Bollywood smashes like “Tiger Zinda Hai” and “Bharat.” Twofour54 is dedicated to establishing Abu Dhabi as a worldwide hub for creative communities to connect, inspire, and develop. It will achieve this by promoting the expansion of regional and international media companies and easing the production of content for a worldwide audience.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the TwoFour54 Abu Dhabi

What services does twofour54 offer to production teams?2024-07-11T11:57:10+04:00

Twofour54 offers a comprehensive range of services to support production teams, including government relations, visa applications, filming permits, and more. These services ensure a seamless experience for content creators working within the hub.

What facilities does twofour54 offer for content creation?2024-07-11T11:57:42+04:00

Twofour54 provides extensive facilities including a 300,000 sqm backlot, multiple sound stages, and studios. These cater to various platforms such as film, TV, gaming, and digital media.

What are Yas Creative Hub and the Community Hub?2024-07-11T11:58:19+04:00

Yas Creative Hub at twofour54 features a collaborative space known as the Community Hub. This area stimuenterprises and, helps creative enterprises, and supports the development of up-and-coming industry talent.

Who are some of the notable companies based at twofour54?2024-07-11T11:58:44+04:00

Twofour54 hosts industry leaders such as CNN, Unity Technologies, and Ubisoft, alongside thriving local SMEs, contributing significantly to Abu Dhabi’s creative and media industry.

How does twofour54 contribute to Abu Dhabi’s economy and cultural landscape?2024-07-11T11:59:12+04:00

Twofour54 Abu Dhabi contributes significantly to Abu Dhabi’s economy by attracting international media companies, supporting local SMEs, and generating employment opportunities in the creative sector. Through its wide range of partnerships and activities, it also enhances the cultural landscape by encouraging innovation, creativity, and cross-cultural exchange.

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