DUBAI INTERNET CITY (DIC)2024-10-03T15:28:31+04:00

UAE MAINLAND

DUBAI INTERNET CITY (DIC)

What is the significance of having a UAE mainland firm, and what does it represent?

Dubai Internet City has been a pillar of the UAE’s ICT (Information Communication Technology) policy for more than 20 years.

DUBAI INTERNET CITY (DIC)

UAE Mainland

Dubai Internet City has been a pillar of the UAE’s ICT (Information Communication Technology) policy for more than 20 years.

What is the significance of having a UAE mainland firm, and what does it represent?

The biggest ICT hub in the Middle East and North Africa, Dubai Internet City (DIC) serves as a key foundation for businesses aiming to enter local rising markets. This digital community serves companies of all kinds, from leading multinationals to sole proprietors. DIC spread across 1.5 million square feet, DIC is home to over 10,000 employees from over 1,400 tech businesses, including well-known brands like Microsoft, Facebook, and Google.

Since its founding in 1999, DIC has developed into a vibrant center that promotes technical innovation. The quick development of digital technology over the past 20 years has not only changed entire businesses, but it has also completely changed how people connect and navigate the world. With its reputation for innovation, Dubai has always led the way in government projects meant to bring in outside investment. Dubai Internet City is a brilliant example for this dedication.

The strategy calls for the implementation of secure cloud infrastructure and data storage across all businesses. This Integrated technological park called Dubai Internet City Free Zone gives companies a place to interact with the latest developments and expand their operations. Modern infrastructure, office space, commercial premises, and modern IT solutions provision includes standardized IT-based services such as security solutions, localization, training, and corporate learning are all available at Dubai Internet City.

More than 200 of the top technological companies from more than 50 countries are housed in the Dubai Internet City Free Zone. Establishing a company in the Dubai Internet City Free Zone is a reasonably easy process. To assist you, you can work with a qualified business formation agent like us.

Dubai Internet City is divided into three primary zones. They are all perfect for various kinds of businesses.

Technology Park: Businesses in the media, telecommunications, and technology sectors should operate here.

Marketing Square: Businesses in the media, telecommunications, and technology sectors operate here.

Creative Cluster: The creative cluster of Dubai Internet City is a wonderful environment for businesses in the design, content development, and entertainment industries to operate.

 

Advantages Of Business Setup in DIC

There are several advantages to setting up your business in Dubai Internet City.

 

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Dubai Internet City (DIC)  For Your Company Formation?

Dubai Internet City provides a strategic and encouraging environment for businesses looking to make a name for themselves in this vibrant digital ecosystem. The free zone is dedicated to supporting the expansion of businesses, as seen by the numerous benefits it offers low corporation or personal income tax, 100% ownership, and exemption from customs duties. These elements along with progressive workspaces, first-rate retail offerings, and round-the-clock security makes DIC the perfect location for companies striving to succeed in this digital era.

Software development, Telecommunications and networking encompass developing, modifying, operating, or providing network-based services for oneself or third parties. E-commerce services, Internet and multimedia services cover developing, distributing, or providing multimedia content, between companies or individuals via online platforms.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Dubai Internet City (DIC)

List some of the notable leading Dubai Internet city businesses.2024-07-09T11:30:38+04:00

Facebook Dubai Office, Google Dubai Office, Microsoft Dubai Office, Oracle Dubai Office, Siemens Dubai Office. Dubai Internet City Free Zone is a perfect for companies in the technology industry, but there are plenty of other business options here as well.

What support does DIC provide for startups?2024-07-09T11:31:17+04:00

DIC provides support for startups through incubators, accelerators, funding opportunities, mentorship programs, and access to a network of investors and industry experts.

Can Dubai Internet City assist my company in coming up with creative ideas?2024-07-09T11:34:08+04:00

There are areas which are specifically designed to foster and assist in the realization of creative ideas in Dubai Internet City. Innovation Hub serves companies across a range of sectors. And an empowering platform for tech, design, and media businesses and entrepreneurs is in5 Innovation Centers.

Can I transfer my authorisation from another free zone in the UAE to Dubai Internet City?2024-07-09T11:35:23+04:00

Yes, it is possible, subject to approval by the Dubai Development Authority (DDA).

Is there a limit on the number of employees per company?2024-07-09T11:35:59+04:00

Yes. A business may sponsor one employee for every 60 square feet of leased space to guarantee a secure and appropriate working environment. For every 60 square feet of commercial premises, one visa is allotted.

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