Abu Dhabi’s renowned free zone, Twofour54, was established to position the emirate as a global hub for content creators and media-centric businesses. Over the years, Twofour54 has achieved remarkable success, drawing a growing number of international investors annually. The streamlined processes for business setup, coupled with progressive regulations, a strategic location, and comprehensive support services, make it a prime destination for entrepreneurs in the media and entertainment sectors.
Major media giants like CNN, Sky News Arabia, Image Nation, Bidaya Media, and Flash Entertainment have chosen Twofour54 as their base of operations. These organizations benefit from customizable office spaces, advanced production facilities, and robust training and talent development programs. The free zone also caters to startups, SMEs, and freelancers, providing them with vast opportunities to network with industry leaders and grow their businesses. Additionally, setting up a company in Abu Dhabi, the UAE’s capital and largest emirate, offers a prestigious address and access to vast regional markets.
With the availability of expert business setup consultants in the UAE, launching a business in Twofour54 has never been easier.
Types of Businesses in Twofour54 Free Zone
To start a business in Twofour54, entrepreneurs must first understand the legal structures allowed within the free zone. These structures dictate the number and type of shareholders involved. The key types of businesses permitted in Twofour54 include:
- Free Zone Limited Liability Company (FZ-LLC)
This is the most common type of business entity in Twofour54, accommodating 2 to 50 shareholders, which can be individuals, corporations, or a mix of both. Consulting with professional business setup advisors in Abu Dhabi ensures that entrepreneurs fully understand the legal requirements for forming an FZ-LLC. - Branch of an Existing Company
Companies, whether local or international, can establish branch offices in Twofour54 to expand their operations into Abu Dhabi. However, the branch’s activities must align with those of the parent company. Business setup consultants can simplify the process of branch registration in the free zone. - Freelance Permit
Individuals looking to work independently can obtain a freelance permit in Twofour54. This allows them to register under their name rather than a company name. Freelancers gain access to modern flexi-desk facilities and opportunities to collaborate with other professionals. Expert guidance is available to navigate the legal steps involved in securing a freelance permit.
Facilities for Businesses in Twofour54
Twofour54 offers state-of-the-art infrastructure tailored for media production companies, startups, and freelancers. These facilities are designed to encourage innovation, mentorship, and networking, enabling businesses to thrive in the region’s competitive media landscape. Key facilities include:
- Studios: Fully equipped HD studios with soundproofing, lighting rigs, green rooms, and 4x4m drive-in doors for seamless production.
- Backlot: A sprawling 300,000 sqm area with sets, production offices, dressing rooms, and catering facilities.
- Edit Suites: Award-winning post-production facilities for high-end finishing, color grading, and compositing, supporting resolutions up to 4K.
- Screening Room: A 16-seat venue with 4K cinema projection and Dolby surround sound for premium viewing experiences.
- Meeting Rooms: Spaces accommodating 5 to 200 attendees, ideal for meetings and events.
- #thelab: A creative hub for collaboration, workshops, and project development.
- Retail and Dining: Restaurants, coffee shops, gyms, banks, and convenience stores are available for added convenience.
Business Activities in Twofour54 Free Zone
Twofour54 supports a wide range of media and entertainment activities, making it a sought-after destination for industry professionals. Key activities include:
- Advertising, Animation, and Corporate Film Production
- Digital Content Creation, Film Production, and Game Development
- Graphic Design, Music Production, and Recording
- Online Content Creation, Performing Arts, and Photography
- Print, Radio, and TV Content Production
- Web Design and Branding Services
How to Set Up a Business in Twofour54 Free Zone
The process of establishing a company in Twofour54 is straightforward, especially with the assistance of experienced business consultants. The key steps include:
- Submitting a business application form
- Securing approval for the company name and activity
- Obtaining regulatory clearance from the Media Zone Authority
- Receiving the business license
Benefits of Setting Up a Business in Twofour54 Free Zone
Investors in Twofour54 enjoy numerous advantages, including:
- Full ownership of their company
- Zero corporate and personal income taxes
- No minimum capital requirements
- Premium business address in Abu Dhabi
- Access to advanced production facilities and a strong IP framework
- Proximity to key markets, with Abu Dhabi Airport just 20 minutes away
Compliance Requirements
All businesses in Twofour54 must adhere to regulations such as Economic Substance Regulations (ESR), Ultimate Beneficial Ownership (UBO), and Anti-Money Laundering (AML) laws. Even during liquidation, compliance is mandatory to avoid penalties or license suspension.
Partner with Unicorn Global Solutions for Seamless Business Setup
Frequently Asked Questions (FAQs)
Twofour54’s dynamic ecosystem is ideal for media and entertainment ventures. At Unicorn Global Solutions, we specialize in streamlining the business setup process in Twofour54 and other UAE free zones. Our team of experts assists with everything from choosing business activities and drafting documents to bank account opening and ensuring compliance with ESR, UBO, and AML regulations.
Need assistance with setting up your business in twofour54 Free Zone? Text us on whatsApp or Call us today to begin your journey in Twofour54 Free Zone effortlessly!
You can establish an FZ-LLC , a branch office, or obtain a freelance permit to operate in Twofour54.
Benefits include 100% ownership, zero taxes, premium facilities, and a strategic location in Abu Dhabi.
It offers HD studios, a backlot, edit suites, screening rooms, meeting spaces, and the lab for innovation.
Activities include content production, animation, branding, digital media, gaming, and film production, among others
We provide end-to-end support, including licensing, documentation, bank account opening, and compliance guidance
