Twofour54 is a tax-free media and entertainment free zone based in Abu Dhabi, United Arab Emirates that facilitates the development of Arabic media and entertainment content in the region. It provides studio production, postproduction facilities, and vocational media training.
Factor | Description |
Established in | 2008 |
Number of companies | Over 200 |
Industry focus | Media |
Limited liability company | Yes |
Minimum number of shareholder | 1 |
Minimum number of director | 2 |
Corporate shareholder allowed | Yes |
Corporate director allowed | No |
Public register of shareholder and director | No |
Access to UAE Double Taxation Treaties | Yes |
Port of Free zone | No |
Allowed to import export goods | Yes |
Commercial offices | Yes |
Industrial premises | No |
Warehousing facility | No |
Accommodation facilities | Yes in close proximity |
Prominent companies at Free zone | CNN, Cartoon Network |
Location of directors and shareholders meeting | Anywhere |
Residency visa issued | Yes |
100% Foreign ownership permitted | Yes |
100% Repatriation of capital and profits | Yes |
Corporate, personal and withholding tax | Nil |
Language | English |
Standard currency of Capital | UAE Dirhams |