Setup Your Business in Twofour54
Twofour54 is a prominent media and entertainment free zone located in Abu Dhabi, specifically designed to foster creativity and innovation within the industry.
Named after Abu Dhabi’s geographical coordinates, it serves as a hub for freelancers, startups, and established companies alike, providing the perfect environment for media-related business ventures.
With a robust infrastructure and a supportive community, Twofour54 has become home to over 400 international companies, including major names like CNN and Sky News Arabia
Business Activities
Twofour54 supports a diverse range of business activities primarily focused on media, entertainment, and creative industries. These include:
- Film and television production
- Broadcasting
- Animation and gaming
- Digital content creation
- Music production
- Marketing and advertising services
- Freelancing opportunities
Spaces
The free zone offers various flexible workspace solutions tailored to the needs of different businesses:
- Office Spaces: From private offices to shared co-working environments, Twofour54 provides versatile options to suit startups and larger companies.
- Studios: State-of-the-art production and post-production facilities are available, enabling high-quality content creation.
- Community Hub: A collaborative space designed for creatives, featuring meeting rooms, brainstorming areas, and a screening room
Benefits of Establishing in TwoFour54
Setting up a business in Twofour54 comes with numerous advantages, including:
- 100% company ownership: Foreign investors can fully own their businesses without the need for a local sponsor.
- Tax exemptions: There are zero personal income and corporate taxes, along with a 0% import tariff on goods.
- Cash rebates: Access to a 30% cash rebate on international film and television production expenditures.
- No minimum capital requirements: This makes it easier for startups to enter the market.
- Community and Networking: Opportunities to collaborate with over 500 media and entertainment partner