Dubai Internet City (DIC)

Dubai, United Arab Emirates

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Official Name:

Dubai Internet City (DIC)

Website:

http://www.dic.ae

City:

Dubai

Country:

United Arab Emirates

Share Capital:

50,000 AED / 13,605 USD Paid upfront

Office Requirements:

Flexi

PO Box:

Unconfirmed

Services (includes consultancy, etc.):

Yes

Trading (includes trading activity):

No

General Trading:

No

Audited Financial Reports:

Yes

Industry Focus:

ICT

Cost of Setup:

15,000 AED / 4,082 USD

Starting Cost of Renewals:

15,000 AED / 4,082 USD

Visa Types

Type:

Residency

Time Duration:

3 years


Visa Time Duration Before Renewal Required:

Minimum Number of Visas Possible:

2

Maximum Number of Visas Possible:

1 visa per 80 sq.

Maximum Number of Shareholders:

Freelancer Option:

No

Office Presence is Mandatory:

Yes

Documents Required to Setup a Company :

  • Application form for the License.
  • Business Plan.
  • Valid passport copy(s) of: Shareholders of the proposed company, Manager of the proposed company, Director(s) of the proposed company, The legal representative (if appointed).
  • Copy of the Certificate of Incorporation (if corporate shareholder).

SUMMARY :

Dubai Internet City – the largest ICT hub in all of the Middle East and North Africa region – is described as “a creative collective engineered for innovation.” The free zone is home to businesses of all sizes, from solo entrepreneurs and startups through to multi-nationals and Fortune 500 companies. Since its launch in 1999, the 1.5 million square ft free zone has grown to house over 1,400 companies and 10,000 workers – including international businesses such as Facebook, Google, Dell, Microsoft, Cisco and Nokia.

Undoubtedly, DIC’s location is a major reason why such prestigious companies call it home. The free zone is right next to one of Dubai’s major highways – the E11 – making travel in and around the Emirates quick and easy. Dubai Internet City is also the ideal hub for international business trade and travel due to its proximity to several major ports and both Dubai International and Al Maktoum International Airport. Two other free zones – Dubai Media City and Dubai Knowledge Village – are also just a few minutes away.

When it comes to amenities, DIC is well stocked. The free zone features over 80 restaurants from fine dining to cosy cafes along with banking, courier and many other business facilities.