frequently asked questions

frequently asked questions

following are answers to some of the most commonly asked questions about twofour54 and doing business at twofour54
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What is twofour54?

  • What is twofour54?

    twofour54 is a free trade zone committed to establishing Abu Dhabi as a centre of excellence for media and entertainment content creation.  Media businesses- including film, television, radio, mobile, digital media, music, events, animation, gaming and publishing - can create world class content in a collaborative environment specifically designed to enable your business to thrive in the region.

  • Where is twofour54?

    twofour54 is located in Abu Dhabi, the capital of the UAE, with geographical co-ordinates of twofour54 - 24 degrees latitude by 54 degrees longitude. It is currently located in Khalifa Park. Click here for a map and directions.

  • What is tawasol - the one-stop-shop?

    twofour54° tawasol supports all of twofour54’s businesses by providing solutions and resources for everything you need to set up your business whether it is accommodation, government services, flights, customs clearance and more.

  • What does intaj offer?

    twofour54° intaj is twofour54’s award winning state-of-the-art production facilities that provide studios, equipment and experienced technical support for film and TV production and post production.  You can get a quote for your production needs at their website.

  • What is ibtikar - innovation and support?

    twofour54° ibtikar  is twofour54’s ventures and creative lab facility that supports the development of compelling Arabic content ideas and media initiatives.

  • What is tadreeb - the training academy?

    twofour54° tadreeb’s focus is on developing a pool of young talent who can support the media industry and who are equipped to deliver success to their businesses. They have teamed up with world-class expert training institutions including BBC, to deliver courses that target media professionals and graduating students from media disciplines.

  • Which companies have decided to set up at twofour54?

    A number of big, small, regional and international media companies  having chosen to  set up their businesses at twofour54 including The Financial Times, CNN, BBC, Rotana, Imagenation, Flash, Pyramedia and Abu Dhabi Media Company to name a few. Click here to find out about companies based at twofour54.

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How do I join twofour54?

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What do I need to know about registering at twofour54 and getting a business license?

  • What are the legal and regulatory benefits of setting up your business in twofour54?

    The Media Zone–Abu Dhabi (or twofour54, its brand name) is a media focused free trade zone, offering attractive fiscal benefits for companies, 100% foreign ownership and an efficient and clear regulatory framework.

  • Which laws and regulations are applicable in twofour54?

    All Federal laws of the UAE are applicable in the free zone, except for the UAE Federal Company Law No 8 of 1984. There are also specific free zone regulations issued by the Media Zone Authority, the free zone’s regulatory and licensing body, which govern companies, licensing, employment and sponsorship. These regulations can be found at http://www.twofour54.com/en/regulatoryaffairs/about-twofour54/regulatory-affairs.html

  • How do I register at twofour54?

    The process is simple - please click to link to our “setting up at twofour54” guide

    There are three ways to set up in the free zone; you can eitherincorporate a free zone limited liability company (FZ-LLC), establish a branch of an already existing company or license as a freelancer (aka a sole proprietor).  To carry out business as an FZ-LLC or a branch you must also obtain a business license (and where relevant a dissemination license).

  • What is the difference between an FZ-LLC and a branch?

    An FZ-LLC is a separate legal entity incorporated in twofour54 whereas a branch is a representation in twofour54 of the principal company incorporated in another jurisdiction.

  • What are the regulatory requirements for incorporating an FZ-LLC in twofour54?

    o    SHAREHOLDER(S): You can incorporate your FZ-LLC with individual shareholder(s), corporate shareholders or a mixture of both individual and corporate shareholders. 

    o    DIRECTORS/SECRETARY/GENERAL MANAGER: You must appoint at least two directors, a general manager and a company secretary; there are norestrictions on the same person fulfilling all of these roles within the company.

    o    SHARE CAPITAL: There is no fixed minimum amount of paid up share capital and share capital can be in any currency.

    o    REGISTERED OFFICE: An FZ-LLC must have a registered office within the Media Zone.

  • What are the regulatory requirements for establishing a branch in twofour54?

    o    PRINCIPAL COMPANY: You must show that the principal company (either one incorporated in the United Arab Emirates or any other jurisdiction) has decided to set up a branch office in the Media Zone.

    o    GENERAL MANAGER: The principal company must appoint a general manager of the branch. 

    o    REGISTERED OFFICE: A branch must have a registered office within the Media Zone.

  • Are there any restrictions on FZ-LLC or branch names?

    “Abu Dhabi” and/or “United Arab Emirates” cannot be used in the name of the FZ-LLC or branch.  We will inform you whether the name you intend to use has already been used in the Media Zone but you should also check whether the intended name has been registered with the Department of Economic Development. We can also provide you with some guidance on whether your intended name will be acceptable.

  • What is the role of the general manager of an FZ-LLC or branch?

    The general manager is an employee of the FZ-LLC or branch empowered to manage the day to day operations and be the representative of the FZ-LLC or branch in all matters with the Media Zone Authority.  All non-GCC national general managers must be sponsored for a work permit and residence visa by the Media Zone Authority (regardless of whether they are already sponsored elsewhere in the UAE).

  • Why do I need a business trade license?

    A company and branch cannot operate in twofour54 without obtaining a business trade license issued by the Media Zone Authority specifying the activities it will be licensed to carry out.  In order to be granted a business trade licence, you must have first either incorporated an FZ-LLC or established a branch in the Media Zone.

  • Do I also need a dissemination license?

    A dissemination license is also required if you intend to publish a print book, print magazine, print newspaper or broadcast a satellite or terrestrial television channel or radio station.  Please ask your Business Development Manager for further details if you intend to undertake one of these activities.

  • What are the employment and sponsorship requirements for a business in the Media Zone (twofour54)?

    o    EMPLOYEES: All non-GCC national employees of an FZ-LLC or branch office (including the general manager) must be sponsored for a work permit and residence visa by the Media Zone Authority in accordance with the Employment and Sponsorship Regulations (regardless of whether they are already sponsored elsewhere in the UAE).

    o    DIRECTORS AND SHAREHOLDERS: It is only necessary for directors or shareholders to be sponsored by the Media Zone Authority if they are employees of the FZ-LLC or branch.

    o    LICENSED FREELANCERS (AKA SOLE PROPRIETORS): All non-GCC national licensed freelancers must be sponsored for a work permit and residence visa by the Media Zone Authority (regardless of whether they are already sponsored elsewhere in the UAE).

    Visa and government services queries are handled by twofour54 tawasol.