With the increasing focus on media and other creative aspects in the world such as deigning, movie making, etc., the government of the United Arab Emirates has played a part in establishing important free zones that will help in the development of related companies and the creative industry in general. One of such Free Zone is the Twofour54 Free Zone is established in Abu Dhabi.
The Twofour54 Free Zone was established in the year 2008 in Abu Dhabi with the aim to provide services and infrastructure to all the regional and local talent in the Creative and Media sector. This Free Zone was established with assistance from the MZA (Media Zone Authority). Various Free Zone which focuses on Creative Industries has been established in the United Arab Emirates and this Free Zone will provide competition to them. The Free Zone was established with the objective of putting Abu Dhabi on the map and making it the first choice for entrepreneurs and businessmen in the creative industry. The Free Zone is ready to provide services for creative businesses such as Creating and hosting Events, Digital Media, Game Development, Movies, Publishing, Broadcasting, etc.
The Twofour54 Free Zone relies on three main factors or pillars which will be crucial in providing world-class services and infrastructure. These pillars are:
- Twofour54 Tadreeb which is the Training Facility
- Twofour54 Ibtikar which is the Innovation and Support Centre
- Twofour54 Intaj which comprises the state of the art production facilities
- Twofour54 Tawasol acts as a one-stop-shop for all the necessary permits and licenses.
By setting up a company in the Twofour54 Free Zone, a company will be able to avail best in class facilities and will also be surrounded by big names in the industry. These names include BBC, National Geographic, Financial Times, and many others.
Product / Services Offered
There are many services provided to a company that will help in the unhindered growth and development of the business. The services include the following:
- Fast Working Internet
- Various networking Events
- The free zone will even act as a liaison between the government and the company
- Logistics support and In-House Travel Agency
- Marketing Support
Apart from the above-mentioned services, the free zone will also provide a great infrastructure that will help in the growth of the business. These on-campus facilities include:
1.Fully Equipped Studios
The studios in the Free Zone comprise of seven studios which have broadcast capabilities. These studios also boast of various facilities such as complete soundproofing, saturation lighting rigs, soft ‘cycs’, and ‘elephant doors’.
The Edit Suits of the Free Zone has received various accolades over time. These edit suites can allow high-end compositing, finishing, and color grading which will also work for 4K footage.
The screening rooms at Twofour54 comprise of 16 seater screens and also boasts of 4K cinema projection and also Dolby Digital surround sound.
The 3000,000 sq. m. backlot allows for the creation of a wide variety of sets and also takes care of various other facilities such as costumes, dressing rooms, and production offices.
Meeting rooms come in various sizes which will be suitable for small as well as a large number of people. The companies can use meeting rooms to conduct regular meetings or even press conferences.
#thelab is a place that provides a creative environment that can be used by everyone. This place can be used to run workshops or to work on a specific project using the latest technologies.
Types of Businesses Available
- Free Zone Limited Liability Company FZ-LLC
- Branch of a Foreign/UAE Company
Twofour54 Approved Auditor
Getting the company Audited is very important to understand the present financial condition of the company. Understanding the importance, the UAE Government has made conducting a Financial Audit a necessity for every business. It is also to be kept in mind that each free zone has its own approved auditors and have the power to conduct Audit in the Free Zone. Any other Auditing firm cannot conduct an Audit of the company
If you are looking for Auditing services in the United Arab Emirates, then you should check out the services provided by JAXA Chartered Accountants. The experts at JAXA will understand your business and then provide a solution accordingly and will take care that the solution suits the requirements of the business.