International Media Production City (IMPZ) is located in Dubai. It is an important area focusing on media production and free media production zone, and it has also gradually developed into an emerging residential community. As one of the important economic engines in southern Dubai, IMPZ (International Media Industrial Park) has shown strong growth momentum in attracting domestic and foreign companies to settle in recent years. This business district with creative industries as its core has gradually become a gathering place for many international brands and companies, including world-renowned companies such as Nestlé and Siemens. Companies registered in Dubai International Media Production City can enjoy lower corporate income tax rates and other tax incentives.
As one of the important economic engines in Dubai South, IMPZ (International Media Park) has shown strong growth momentum in attracting domestic and foreign companies in recent years. This business district with creative industries as its core has gradually become a gathering place for many international brands and companies, including world-renowned companies such as Nestle and Siemens.
In addition, IMPZ has also attracted a large number of companies in the news publishing, printing, packaging and design industries, building a huge industrial chain in this area.
As more multinational companies and industry giants choose to set up production bases, creative studios and operational headquarters in IMPZ, the demand for rental housing in this area is also growing.
Advantage 1: Emerging residential area, low starting point of housing prices, great appreciation potential
The area where IMPZ is located is one of the residential areas that has risen rapidly in Dubai in recent years. The housing prices are relatively low, especially compared with the city center and other mature communities, with a high cost-effectiveness.
With the improvement of infrastructure and commercial development in the region, the appreciation potential of housing prices is widely optimistic. With the entry of more and more companies and international brands, the market demand for IMPZ is gradually increasing, which is expected to drive the rise of surrounding residential prices.
Advantage 2: Close to the commercial and industrial core, convenient transportation
IMPZ is located in the commercial and industrial core of Dubai, surrounded by Dubai's business district. The area has rich corporate resources and provides more employment opportunities for residents.
At the same time, IMPZ is close to major transportation hubs, and the convenient connection between the subway extension line (Expo Red Line) and the bus network enables residents and companies to easily reach Dubai City Center, the airport and other commercial areas.
This transportation convenience not only enhances the convenience of life in the area, but also enhances the investment attractiveness of real estate in the area.
Advantage 3: Complete living supporting facilities
The living supporting facilities around IMPZ are very complete, with shopping, education, medical and other infrastructure. It includes supermarkets, clinics, restaurants, cinemas and other facilities, providing residents with a convenient daily life experience.
In addition, the area covers many international schools and well-known medical institutions, including famous golf clubs, providing residents with high-quality living and leisure options.
The complete supporting facilities make IMPZ an ideal choice for long-term residence and lay the foundation for the improvement of regional real estate value.
Advantage 4: Government policy support and future development prospects
As an important part of Dubai's creative economy strategy, the IMPZ area has enjoyed a number of policy supports from the Dubai government, including tax incentives and land use flexibility. These policies provide a favorable operating environment for enterprises in the area and indirectly promote the development of the real estate market.
In the future, with the implementation of more infrastructure projects in the area and the expansion of surrounding commercial areas, IMPZ will become an important innovation and creative industry center in Dubai, attracting a large number of international companies and high-end talents to settle in.
Advantage 5: Industrial cluster effect, huge commercial development potential
The IMPZ International Media Industry Park is not only a residential area, but also an efficient industrial cluster area, covering news publishing, design, printing, packaging and other fields.
With the continuous development of the industry, IMPZ has gradually become a comprehensive business ecosystem, driving the commercial vitality of the surrounding areas. The concentration of enterprises and the influx of employees have further promoted the increase in housing demand, which has provided strong support for the appreciation of the real estate market, especially the residential market.
1. Determine the company type and name
First, you need to determine the company's legal form and business scope. The company types in Dubai mainly include free zone companies (FZCO/FZE), etc. Choose the appropriate legal form of the company and prepare at least three company names for verification.
2. Prepare registration documents
Prepare all necessary registration documents, including but not limited to the articles of association, shareholder agreement, board resolutions, etc. These documents need to describe the company's operating structure, management rules and shareholder responsibilities in detail.
3. Submit materials and review
Submit all prepared materials to Dubai's commercial registration department for review.
4. Bank account opening: After registration is completed, you need to open a company bank account.
Including annual audit and tax filing, to ensure that the company continues to comply with legal requirements.
1. Audit report
The company needs to entrust a registered accounting firm to audit its financial status every year and issue an audit report. The audit report needs to include the company's balance sheet, income statement, cash flow statement and other financial statements, as well as notes and audit opinions.
2. Submit reports
The company needs to submit the audit report and other relevant reports to the Dubai Department of Economic Development (DED) and the Dubai Commercial Court. These reports usually include annual financial statements, shareholder meeting resolutions and board reports.
3. Time requirements
The deadline for the annual review is usually four months after the company's registration date. The company needs to complete the audit work and submit relevant reports within the specified time.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.