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FreezoneMatch

Abu Dhabi · Free Zone

twofour54

Affordable Media & Film Production Hub Starting from AED 7,500

AED 7,500 /year 5-14 working days setup 15 visas 4.2★ 0.4k reviews

What is twofour54?

Abu Dhabi's media free zone supporting content creation, film production, gaming, and digital media companies with freelancer-friendly programs.

Key Features & Benefits

  • 100% foreign ownership
  • 0% corporate/income tax
  • Ithmaar freelancer program
  • Production facilities and studios
  • Content creation incentives and rebates
  • Regulated by the Creative Media Authority (CMA)

Pricing & Costs

From AED 7,500/yr

Year 1 costs, renewals, and multi-year discounts

Year 1 cost range

twofour54 Year 1 cost range: AED 8K to AED 35K, median AED 21K.AED 8K – AED 35K (median AED 21K)AED 8K – AED 35K (median AED 21K)
as of May 2026

Pricing

twofour54 — Year 1 Fees

Last verified: May 2026

License Packages

Freelancer Starter

AED 7,500/year
  • License
  • Freelancer visa

Company Setup

AED 25,000/year
  • License
  • Office
  • 2 visas

Note. Multi-year licenses (2–3 years) are typically eligible for a 15–20% discount when paid upfront.

Government Immigration Fees

Visa Costs every 2 years, per person
Establishment Card
Establishment CardGovernment immigration file, renewed annually AED 1,000

Renewal Fees

Yearly
License Renewal AED 7,500 – 7,500
Establishment Card Renewal AED 1,000
Every 2 Years
Visa RenewalEvery 2 years (per person) AED 3,000 – 5,000

All prices are in AED and exclude 5% VAT where applicable. Prices may change — verify directly with the freezone authority before making decisions. Last verified: May 2026

Setup & Documents

5-14 days

Step-by-step process, timeline, and required documents

Setup Roadmap

Your journey from application to fully operational business.

5–14 working days 100% Remote No Visit Required
Step 1 1 day

Choose Business Activity

Select your business activity and license type from twofour54's approved list

Step 2 1-2 days

Reserve Trade Name

Submit trade name application for approval

Step 3 1-2 days

Submit Documents

Upload passport copies, application form, and supporting documents

Step 4 1 day

Pay License & Registration Fees

Complete payment for license and registration fees to twofour54

Step 5 5-14 days

Receive Trade License

License issued after document verification and payment confirmation

Step 6 2-4 weeks

Apply for Visa & Open Bank Account

Submit visa application and business bank account opening

Open for business.

License to Ready: typical timeline

From licence issuance through visa processing, bank account opening, and operational readiness. Estimates based on published rates and typical UAE freezone reported timelines as of May 2026.

Typically 47 days (range 27 days–66 days)License5–14 daysVisa7–21 daysBank14–28 daysReady1–3 days
as of May 2026

Document Checklist

Everything you need to register your company with twofour54.

Individual Shareholders

5 documents

  • Valid passport (6+ months validity)
  • Passport-size photograph
  • Emirates ID (if UAE resident)
  • Proof of address (utility bill <3 months)
  • NOC from current sponsor (if applicable)

Corporate Shareholders

7 documents

  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Board resolution authorizing UAE setup
  • Valid passport of authorized signatory
  • Share certificate
  • Good standing certificate
  • Apostilled/attested documents (if outside GCC)
Good to Know
  • Passport copies must show at least 6 months validity from application date
  • Documents from outside the GCC may require apostille or attestation
  • Upload high-quality colour scans — minimum 300 DPI
  • Corporate documents should be certified as true copies

Banking & Payments

3/5 ease · 3 partner banks

Bank account opening, partner banks, and payment setup

Banking

Corporate bank account opening, IBAN issued at setup where supported.

Moderate Banking ease — methodology ★★★★★ Major banks actively onboard new entities; average opening <2 weeks ★★★★ Most major banks accept; 2–4 weeks ★★★ Some banks accept; 4–6 weeks ★★ Challenging to open; 6–10 weeks Typically requires special structuring
3 Partner Banks
2-4 weeks Account Opening

Partner Banks

Emirates NBD

Major UAE bank with comprehensive business banking

Mashreq Bank

Digital-first banking with StartUp packages

RAKBANK

SME-friendly banking solutions

Documents Needed

Trade License
Certificate of Incorporation
Memorandum & Articles of Association
Passport copy of all shareholders
Emirates ID (if UAE resident)
Brief company profile
Proof of business activity (contracts, invoices)
3 months personal bank statement
Tips for Faster Approval
  • Apply to 2–3 banks simultaneously to maximise approval chances
  • Prepare a clear business plan explaining your revenue model
  • Have 3–5 sample contracts or invoices ready — even drafts work
  • Consider digital banks like Wio for faster approval and zero minimum balance
Independent Advice

Not sure if twofour54 is right for you?

Talk to an unbiased FreezoneMatch advisor. We'll help you compare options, avoid hidden costs, and find the right fit — completely free.

✓ 100% free ✓ No obligation ✓ Independent

Why twofour54?

8 key advantages

Key advantages that set this free zone apart

Why twofour54?

What makes this free zone stand out.

5-14 Day Setup

Standard company formation timeline. Fully remote setup available — no office visit required.

3 Partner Banks

Banking rated 3/5 (Moderate). Account opening typically takes 2-4 weeks.

Up to 15 Visas

2 years validity. Dependents allowed. Flexible allocation based on package.

0% Corporate Tax

On qualifying free zone income (QFZP status). 100% foreign ownership with full capital repatriation.

Mainland Trading Access

Multiple pathways to the mainland market including ADDED Permit and branch licensing.

Abu Dhabi Location

Located in Yas Creative Hub, Yas Island, Abu Dhabi, near Yas Marina Circuit and Warner Bros. World

Ithmaar freelancer program

A key advantage of setting up your business in twofour54.

Production facilities and studios

A key advantage of setting up your business in twofour54.

Recommended For
  • Media, marketing, and advertising agencies
  • Creative arts and design studios
  • Technology and software companies
  • Gaming and interactive media studios
Consider Alternatives If
  • Businesses needing warehouse or industrial facilities
  • Businesses requiring specialized regulatory oversight not offered by this zone

Reviews

4.2★ (375 reviews)

Customer reviews and alternatives

Top Rated Service 2026 4.2 based on 375 reviews

Sourced from Google Maps — Last pulled May 2026

Reviews shown are unfiltered. Negative reviews often relate to third-party setup agencies rather than the freezone authority itself.

Review data as of 29 March 2026. For the latest reviews, visit Google Maps.

Find twofour54 on Google Maps

View location, hours, photos, and real-time reviews from Google Maps.

Reviews shown on Google Maps are from verified visitors and updated in real-time by Google.

Is twofour54 Right for You?

Choose twofour54 if you...

  • media, marketing, and advertising agencies
  • creative arts and design studios
  • technology and software companies
  • gaming and interactive media studios

🔄 Consider alternatives if you...

  • businesses needing warehouse or industrial facilities
  • businesses requiring specialized regulatory oversight not offered by this zone

Compare with Similar Freezones

FAQ

7 common questions

Common questions about setting up in this free zone

Frequently Asked Questions

Common questions about setting up in twofour54.

How much does it cost to set up in twofour54?
First-year costs typically range from AED 7,500 – 35,000, depending on license type, office choice, and number of visas. This includes the trade license, registration, and basic setup but excludes visa processing costs.
How long does it take to set up a company in twofour54?
The standard setup process typically takes 5-14 working days, depending on document completeness and license type. Some zones offer expedited processing for an additional fee.
How many visas can I get with twofour54?
Visa allocation depends on your office space and package. Based on office space. Each visa costs approximately AED 3,000 – 5,000 for processing.
Can I sell to mainland UAE customers with a twofour54 license?
Free zone companies cannot directly sell to mainland customers without additional permits. You can obtain a DET permit, mainland branch license, or service agent agreement to access the mainland market. E-commerce sales are generally permitted with appropriate approvals.
Do I pay corporate tax in twofour54?
Companies classified as Qualifying Free Zone Persons (QFZP) benefit from 0% corporate tax on qualifying income. Non-qualifying income is subject to the standard 9% UAE corporate tax rate. Personal income tax remains 0%.
Do I need a physical office in twofour54?
No, twofour54 offers flexi-desk and virtual office options that satisfy UAE compliance requirements. You can upgrade to a private office or warehouse as your business grows.
How do I open a bank account with a twofour54 license?
After receiving your trade license, you can apply for a business bank account with any UAE bank. The process typically takes 2-4 weeks. Required documents include your trade license, certificate of incorporation, passport copies, and proof of business activity.

Related guides

Deeper reading on topics relevant to twofour54.

Compare twofour54

Side-by-side head-to-head comparisons with other UAE freezones — cost, setup, banking, visas.

Official source

twofour54 official website and published tariffs

Last verified: June 2026

FreezoneMatch provides comparison tools based on publicly available data. We are not affiliated with twofour54. Costs and regulations change — always confirm directly with the freezone authority before making decisions.

Sources: twofour54 official siteADDED (Abu Dhabi Department of Economic Development)Google Maps reviews Last verified June 2026

Independent Advice

Not sure if twofour54 is right for you?

Talk to a FreezoneMatch advisor — we don't work for any freezone, so you'll get honest, unbiased guidance to find the right fit for your business.

100% free No obligation We don't work for any freezone

Or contact twofour54 directly