Sectors
Advantages
- Abu Dhabi’s dedicated media and creative hub — 800+ businesses
- Licence fee waiver for first 2 years for new investors
- CNN, Sky News Arabia, and Cartoon Network Studios are tenants
- World-class production and broadcast infrastructure
- Freelancer permit available from AED 1,250 (6 months)
Trade-offs
- Media-focused only — not suitable for non-media businesses
- Smaller ecosystem vs. Dubai’s DMC or DSC
- Hot-desk costs (AED 30,000/yr) higher than comparable Dubai options
Setting up
Streamlined process for media businesses. Freelancer permits issued quickly. Company setup 5–10 business days.
Opening a bank account
Media companies are accepted well by Abu Dhabi banks. Freelancers and sole proprietors may find banking harder to navigate independently.
Questions
How much does it cost to set up a company in twofour54?
Freelancer 6-month AED 1,250; 1-year AED 2,500. FZ-LLC AED 10,000–25,000. Hot-desk AED 30,000/yr.
What business sectors are supported by twofour54?
twofour54 supports: Media, Creative, Consulting.
Is it easy to open a bank account with a twofour54 licence?
Media companies are accepted well by Abu Dhabi banks. Freelancers and sole proprietors may find banking harder to navigate independently.
Does twofour54 require a physical office?
No, a physical office is not mandatory. Flexi-desk and virtual office options are available. Virtual facility for freelancers. Hot-desk AED 30,000/yr. Studio and office space also available.
How many visas can I get through twofour54?
Visa quota: 2 visas included in standard packages; scalable with office.