Twofour54 has been created with the objective to nurture media businesses and professionals by means of a fully integrated and supportive tax-free ecosystem that delivers world-class production services and talent development, ensuring the growth and sustainability of the region’s media industry. Through its strategically developed content creation ecosystem, it helps empower media and entertainment businesses to capitalise on opportunities across any media platform through its services.
Named after the geographical co-ordinates of Abu Dhabi (24° North, 54° East), twofour54 is a unique media zone dedicated to helping like-minded companies and professionals take full advantage of the Middle East and North Africa region’s current and future offerings in media sector.
Twofour54 allows four legal structures for conducting a business:
Free Zone Limited Liability Company (FZ-LLC): a separate legal entity, with shareholders as individuals and/or corporates. The minimum capital requirement for incorporation depends on the business activity.
Branch of Foreign or UAE Company: a legally dependent entity that is part of the parent company. It conducts all or some of the operations inherent in the parent’s business. Share capital is not required.
Freelancers: individual freelance media professionals and sole proprietors operating within the twofour54 media & entertainment hub.
Start-ups: 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.
Areas of Business:
- Content Management and Monitoring Services
- Content Portal Management
- Content Production – Audio Visual
- Content Production – Corporate
- Content Production – Digital
- Content Production – Publications
- Event Management
- Gaming Development
- Graphic Design
- Location Management Services
- Marketing and Communications
- Media Research Services
- Media Training
- Music Production and Recording
- News Gathering Services
- Post-Production Services
- Pre-Production Services
- Production Equipment Hire
- Production Services
- Public Relations
- Rights Management – Content
- Rights Management – Music
- Set Design
- Software Development
- Talent Management Services
100% corporate tax exemption
100% personal income tax exemption
100% foreign company ownership
100% repatriation of capital and profits
30% cash rebate on international film and TV production spend
Highly cost effective office space solutions for your business needs and size
Great business ecosystem
Wide networking and business opportunities
For more information, please visit www.twofour54.com/
Contact us today to setup your business in twofour54!