DCCA: Is It The Perfect Business Location For Creatives?

There are many companies that use creativity as their main tool in the marketplace. Dubai Creative Clusters Authority (DCCA) serves as a business hub that encourages creativity among entrepreneurs.

WHAT IS DUBAI CREATIVE CLUSTERS AUTHORITY (DCCA)?

DCCA was established to promote the growth of creative industries with the aim of turning Dubai into the largest business platform for creative minds. In line with this, here are more of DCCA’s objectives:

•    Discover talents and nurture their skills.
•    Foster new and innovative entrepreneurial ideas.
•    Establish a dynamic business ecosystem.
•    Promote structural effectiveness.
•    Grow businesses internationally.

WHAT ARE DCCA’S BUSINESS OPPORTUNITIES?

Operating under Dubai’s Free Zone, DCCA has 9 clusters that target 7 industries. These are the 7 business platforms and their corresponding suitable industries:

1.   Dubai Media City, Dubai Studio City, and Dubai Production City for Media and Entertainment
2.    Dubai Design District for Design
3.    Dubai International Academic City for Higher Education
4.    Dubai Science Park for Life Sciences
5.    Dubai Internet City for Information and Technology
6.    Dubai Outsource City for Outsourcing
7.    Dubai Knowledge Park for Human Capital Development

WHAT ARE THE ADVANTAGES OF ESTABLISHING YOUR BUSINESS IN DCCA?

There are multiple benefits that foreign investors could get as DCCA is a free trade zone. The following are some of the advantages you could get by availing business setups in Dubai Creative Clusters Authority: 

1. It allows you 100% ownership.

Free Zones provide foreign investors 100% ownership. Establishing your business in DCCA also allows you to enjoy 100% individual and corporate taxes exemption.

2. It offers top-notch business infrastructure.

For business owners who are looking for world-class facilities and infrastructure, DCCA offers the ideal hub for creative entrepreneurs.

3. It provides a pleasing lifestyle.

Dubai is not only known for being a multicultural business hub, there is also a great opportunity to interact with people from different cultures.

4. It gives easy access to business deals and interactions.  

As DCCA is a clustered environment, it serves as home to different SMEs and start-ups. This provides an ease of access to other businesses that can lead to potential mergers and acquisitions.

5. It provides international exposure to SMEs and start-ups.

Establishing your business in DCCA provides you international exposure and it also serves as a great platform for creative business corporations.

WHAT ARE THE COMPANY TYPES THAT CAN BE FORMED IN DCCA?

1. FREE ZONE LIMITED LIABILITY COMPANY

Also provides options for ownership type:

• •    Individual Ownership
  •    Corporate Shareholders
  •    Joint Individual and Corporate Ownership

2. COMPANY BRANCH

• •    Foreign Company Branch
  •    Local Company Branch

3. FREELANCE

• • Freelancing is also possible in DCCA.

The DCCA proves to be an ideal business hub for creative industries. If you are looking for business setup services, it is advisable to seek professional advice from consultants in Dubai. We at Creation Business Consultants provide complete company formation and market entry solutions for entrepreneurs, small to medium enterprises and multinational corporations.

We will handle all aspects of documentation, bureaucracy, rules, and regulations for a quick, efficient, and affordable company setup.

Contact Creation Business Consultants, email info@creationbc.com or call UAE  +971 4 878 6240.