twofour54, a subsidiary of the ADNEC Group, specializes in creating custom-designed hubs tailored for creative communities in media and entertainment.
Overview
twofour54, a subsidiary of the ADNEC Group, specializes in creating custom-designed hubs tailored for creative communities in media and entertainment. Located in Abu Dhabi, United Arab Emirates, twofour54 was established in 2008 with the objective of fostering a sustainable media and entertainment industry within the emirate. Today, twofour54 hosts globally recognized entities such as CNN, Unity Technologies, and Ubisoft, alongside a vibrant array of thriving local SMEs, solidifying its pivotal role in Abu Dhabi’s creative and media landscape.
At its flagship development, Yas Creative Hub, twofour54 has cultivated a leading creative community. Central to this hub is the Community Hub, a collaborative space that serves as a catalyst for new project ideas, supports creative enterprises, and nurtures emerging talent in the industry. twofour54 provides a comprehensive range of facilities designed to facilitate content creation across diverse platforms, including film, television, gaming, and digital media. This includes expansive resources such as a 300,000 square meter backlot, multiple sound stages, and studios. Complementing these infrastructure offerings are a suite of services available to production teams, ensuring seamless project execution, including government relations assistance, visa processing, filming permits, and more.
twofour54 has established a dynamic destination where individuals are encouraged to innovate, collaborate, and foster creativity. Our vibrant community comprises leading figures from the media and entertainment industry. With 0% corporate and income tax, 100% business ownership, and waived license and registration fees (for the initial 2 years), we not only offer compelling economic advantages but also unparalleled operational benefits and extensive support services aimed at ensuring the success of your business. There has never been a more opportune moment to launch your business in Abu Dhabi.
Advantages
Twofour54 Free Zone offers substantial benefits for businesses. Located in Abu Dhabi, it provides a strategic position with access to regional and international markets. The free zone supports 100% foreign ownership and full repatriation of profits, creating a favourable business environment. It specializes in media, entertainment, and creative industries, offering tailored facilities and infrastructure. Companies benefit from zero customs duties on imports and exports, as well as corporate tax exemptions. Twofour54 features flexible office solutions, including co-working spaces and private offices, and streamlined processes for company registration and visa applications. Additionally, it provides a supportive community and networking opportunities within the media and creative sectors, making it an attractive choice for businesses seeking growth and industry-specific advantages.
How it works
Determine the media, entertainment, or creative activities your business will focus on.
Decide on a Free Zone Company (FZC), Free Zone Establishment (FZE), or branch.
Choose and register your company name with Twofour54.
Gather required documents, including passport copies, a business plan, and proof of address.
Submit your application and documents to Twofour54 for approval.
Select and secure office space within the Twofour54 Free Zone.
Receive your business license upon approval.
Establish a corporate bank account in the UAE.
Apply for residence and work visas for yourself and employees.
Checklist
Activities
The full twofour54 activity list is available as a PDF.
↓ Download the twofour54 activity listPricing
Amendments
| Sr.No. | Description | Fees |
|---|---|---|
| 1. | Amendment of activity | 2500 AED |
| 2. | Amendment of shareholder | 2500 AED |
| 3. | Amendment of manager | 2500 AED |
| 4. | Amendment of Visa package | 2500 AED |
| 5. | Amendment of MOA | 2500 AED |
| 6. | Amendment of Share Capital | 2500 AED |
Terms
Get in touch
Business setup, visas, PRO services or Golden Visa — send us the details and a consultant will come back with a clear plan and a full cost breakdown.
