Dubai Technology & Media Free Zone Authority (DTMFZA) approves the establishment and registration of companies in DKV and regulates all related procedures and matters. Dubai Technology and Media Free Zone Authority offers a choice of commercial license options:
New Incorporation of a Free Zone Limited Liability Company (FZ-LLC)
A FZ-LLC is formed, as a separate legal entity, with shareholders as individuals and/or entities. Each FZ-LLC is required to have at least one director. There is a minimum paid up capital requirement of AED 50,000.
Branch of an Existing Foreign/UAE Company
A branch of a foreign or a UAE company is not a legal entity separate from its parent but is considered a place of business that forms a legally dependent part of the parent company and conducts all or some of the operations inherent in the parent’s business. No share capital is required.
Commercial licenses and freelance permits issued by Dubai Technology and Media Free Zone Authority are subject to leasing a facility within the Dubai Technology and Media Free Zone and the license is valid only for operating a business inside the Free Zone territory. Licenses and permits are for a period of one year and are renewable on an annual basis.
Commercial licenses and permits are issued to all businesses registered within DKV, to allow specific approved business activities in compliance with the Dubai Technology and Media Free Zone Licensing Regulations. Please click here to view the segment and activities permitted in DKV.