Dubai Creative Clusters Authority
(DCCA)
In 2014, the ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, issued a mandate to lead the development of Dubai’s creative industries in support of the Dubai Innovation Strategy, leading to Dubai Technology and Media Free Zone Authority (DTMFZA) being renamed as Dubai Creative Clusters Authority (DCCA).
In 2014, the ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, issued a mandate to lead the development of Dubai’s creative industries in support of the Dubai Innovation Strategy, leading to Dubai Technology and Media Free Zone Authority (DTMFZA) being renamed as Dubai Creative Clusters Authority (DCCA). This free zone was launched in 2000 with the aim of establishing Dubai as a hub for knowledge-based industries and is committed to foster the growth of Dubai’s creative industries by developing policies and programmes to attract, retain and grow such businesses in Dubai. DCCA is the main regulatory and administrative body for a number of free zone parks in Dubai. In addition to managing the application procedure issuing licenses for all new businesses, it also enforces and passes laws within its jurisdiction.
7 Strategic Objectives
Dubai Creative Clusters Authority has identified 7 strategic objectives that justify and support the successful delivery of its mandate to support Dubai’s strategy for innovation:
- Ensure world-class infrastructure and engage a vibrant community
- Develop business-friendly regulations and ease of doing business
- Augment the size and skills of the creative talent pool
- Promote entrepreneurship, SMEs, and innovation
- Encourage dynamic industry ecosystems
- Deliver high-quality research, insights, and analysis
- Optimize organizational effectiveness and invest in their people
- Clusters in DCCA
DCCA free zone is divided into 4 clusters
- The sciences cluster
- The education cluster
- The information and communication cluster
- The media cluster
Benefits of Setting Up a Business in DCCA
- 100% foreign ownership
- Exemption from corporate tax and customs duty
- 100% repatriation of capital and profits
- Customized real-estate options ideal for organizational needs
- Easy access to high-end residential accommodation
- Strategic location
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DCCA is divided into
6 clusters
Business Entities in DCCA
- Free Zone Limited Liability Company
- Branch of a Foreign Company
- Branch of a UAE Company
- Freelancing
Types of Licenses issued by DCCA
- Free Zone Limited Liability Companies Licenses under the Publishing Segment
- Licenses under the Broadcasting TV and Radio Segments
- Licenses under the Food Segment
- Licenses under the Storage Activity Segment
- Licenses under the Manufacturing and Productivity Segment
- Licenses under the Higher Education Provider Segment
How to Set Up a Business in DCCA?
If you wish to set up a company in DCCA, you can follow these simple steps:
- Submit an application for approval
- Submit the legal documents for company registration
- Make the requisite fee payment
- Sign and collect company registration certificate
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Documents Required for Company Registration in DCCA
- Personal details of the shareholder
- Passport copies of the shareholder, manager, and director
- Business plan
- Company incorporation certificate
- No objection certificate (NOC)
- Memorandum and Articles of Association (MAA)
- Bank reference letter of the shareholder
- Resolution for the incorporation
- Proof of share capital
Why DCCA ?
Committed to foster the growth of Dubai’s creative industries and create an environment in which creative businesses can flourish, Dubai Creative Cluster Authority develops evidence-based policies and programmes. It also acts to develop the creative talent pool, foster entrepreneurship and innovation, provide monetary support, create forums amongst creative industries, and provide a platform for research, creativity and community-building. And as Dubai moves towards the implementation of a number of ambitious initiatives – the Dubai Plan 2021, Expo 2020 and the Dubai Innovation Strategy – DCCA is committed to embellish Dubai’s global reputation as a leader in creativity and a hub for innovation.
If you are looking forward to set up your business here, you are on the right track. Our advisors at Business Setup Worldwide are here to help you with the drill. We commit to take care of all the hurdles lying in your way while forming your business, and shall be more than happy to assist you and be a part of your success journey. For any queries on setting up a company in Dubai Creative Cluster (DCCA), do contact us – we’d be happy to help.
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