Dubai Internet City (DIC) stands for innovation and opportunity in the heart of the Middle East. Established in 1999, it has rapidly emerged as a hub for technology and business setup in Dubai Internet City , attracting entrepreneurs and enterprises from across the globe.
DIC provides an ideal environment for companies to thrive in the digital age, with its strategic location, state-of-the-art infrastructure, and incentives.
This guide delves into setting up a business in Dubai Internet City, exploring the process, benefits, and services for entrepreneurs and enterprises..
Dubai Internet City company set up caters specifically to technology and innovation-driven companies. Strategically situated in Dubai, the city serves as a gateway to markets in the Middle East, Africa, and South Asia. DIC provides a supportive ecosystem for businesses operating in sectors such as IT, telecommunications, media, digital marketing, and more.
Dubai Internet City offers entrepreneurs a strategic and supportive environment for establishing their presence in the dynamic digital ecosystem.
The free zone's dedication to fostering business growth is evident through incentives like 100% ownership, customs duty exemption, and tax benefits. Combined with state-of-the-art offices, excellent retail services, and 24-hour security, DIC has become an ideal destination for businesses aiming to thrive in the digital age.
If you're considering setting up your business in Dubai Internet City, Dhanguard is here to guide and partner with you in this journey. With our expertise in Dubai Internet City business setup , we offer valuable insights and assistance at every step of the way.
Legal entities for freezone company setup services for Dubai Internet City include the following:
Ownership: 1 to 50 individuals or corporate shareholders
Minimum Share Value: AED 1,000*
Minimum Share Capital: AED 50,000*
Available to UAE residents
No capitalization requirement
Available to foreign nationals
No capitalization requirement
Activities permitted in company setup services for Dubai Internet City encompass a wide range, with the following being among the most prominent:
Involves activities related to developing, installing, and/or modifying software products either for the company itself or for third-party clients.
Encompasses activities related to the development, installation, modification, and/or operation of networks, as well as providing relevant services designed for operating network-based applications or services for self or third parties.
It includes selling services and products to third parties via electronic media like search engines, portals, websites, and social platforms.
For Dubai internet city business setup this involves developing and offering standardized, repeatable IT-based services. Which may include security solutions, localization, training, and corporate learning.
Encompasses activities related to the development and distribution of Internet or multimedia content. This may also involve distributing goods or services via the Internet, such as providing online platforms and acting as intermediaries between multiple companies or individuals.
Business setup in Dubai internet city involves a straightforward yet comprehensive process. Here's a step-by-step guide:
Research and Planning: Begin by conducting thorough research on DIC's regulations, business sectors, and market opportunities. Define your business objectives, target market, and legal structure.
Choose a Business Activity: Select the appropriate business activity that aligns with DIC's guidelines. Whether you're a software developer, digital marketing agency, or technology consultancy, DIC offers a wide range of permitted activities.
Legal Structure: Determine the legal structure for your company, whether it's a Free Zone Limited Liability Company (FZ-LLC), Branch Office, or Freelancer Permit, based on your business requirements.
Trade Name Registration: Reserve a unique trade name for your freezone company setup services for dubai internet city, ensuring it complies with DIC's naming conventions and reflects your brand identity.
License Application: Submit the license application along with the required documents, including passport copies, business plan, and NOC (if applicable), to the Dubai Internet City authority.
Bank Account Opening: Open a corporate bank account with a reputable bank in Dubai to manage your financial transactions conveniently.
Final Approval: Upon fulfilling all requirements and payments, receive the final approval and commence your business operations in Dubai Internet City.
Contact Dhanguard to explore opportunities and embark on a successful journey in one of the world's dynamic business landscapes.
Business setup in Dubai Internet City offers a plethora of benefits, including:
100% Foreign Ownership: Enjoy full ownership of your business without the need for a local sponsor.
Tax Exemption: Benefit from 0% corporate and personal income tax, ensuring maximum profitability for your company.
Strategic Location: Capitalize on Dubai's strategic location, providing access to regional and international markets.
World-Class Infrastructure: Avail state-of-the-art facilities, high-speed internet connectivity, and advanced IT infrastructure to support your business operations.
Networking Opportunities: Connect with industry peers, investors, and potential clients through networking events, conferences, and seminars hosted within Dubai Internet City.
Simplified Setup Process: Experience a streamlined setup process facilitated by DIC's dedicated support team, offering guidance at every step of the way.
DIC, with its strategic location, business-friendly regulations, and exceptional infrastructure, remains a magnet for global entrepreneurs and enterprises. By leveraging the business setup in Dubai internet city and benefits offered by Dubai Internet City, aspiring entrepreneurs can transform their vision into reality and establish a successful presence in the heart of the Middle East's technology hub.
At Dhanguard, we understand the complexities of the Dubai internet city company set up. Our team of specialists is dedicated to guiding you through every step of the process, from selecting the perfect trade name to obtaining the final licensing approvals.
We handle all paperwork, guide through bureaucratic hurdles, and provide post-setup services, including office setup and banking arrangements. With us, you'll find a one-stop solution for your entrepreneurial journey.
Dubai Internet City is a free economic zone established by the government of Dubai, specifically designed to foster the growth of information and communications technology (ICT) businesses.
DIC welcomes both local and international companies looking to establish or expand their presence in the ICT sector. This includes tech startups, SMEs, and multinational corporations.
Benefits include 100% foreign ownership, tax exemptions, state-of-the-art infrastructure, access to a skilled workforce, networking opportunities, and proximity to other tech companies.
Companies in DIC can be established as Free Zone Limited Liability Companies (FZ-LLCs), Branches of Foreign Companies, or Freelancer Permits, depending on the nature and scale of the business.
The process typically involves selecting a business activity, securing a license, finding office space, obtaining necessary approvals, and registering with relevant authorities.
Costs vary depending on factors such as business activity, office space requirements, visa quotas, and additional services. These may include license fees, visa fees, office rent, and annual maintenance charges.
We are proud to be the only Authorized Banking Consultants in UAE!. DG is UAE's largest Banking Experts Consulting Platform
With us, you can easily search all the Banks offering company accounts. We are working with more than 50 Banks.
Compare all the account packages available ith UAE Banks. We have more than 50 packages updated.
When you have choosen the right bank and your account package, contact us and you can have your bank account ready in no time!
