Dubai Internet City Free Zone Company Formation

Dubai Internet City Free Zone Company Formation : Knowledge economy ecosystem has been designed by DIC to provide support to business development of ICT (Information & Communications Technology) firms. Constructed within the free trade zone, it is undeniably and unequivocally recognized as the most extensive ICT infrastructure in the Middle East. Furthermore, its scale and significance are truly remarkable.

In October 1999, the Dubai Internet City was established, marking a pivotal moment in the region’s technological landscape. It is considered to be a Dubai Holding subsidiary and a member of TECOM Investments, two prominent entities in Dubai’s business ecosystem. Following its establishment, it began its operations from October 2000, heralding a new era of innovation and development in the Middle East. It is also North Africa and the Middle East’ largest ICT hub! Designed and meticulously crafted, the DIC is dedicated to offering comprehensive support to ICT companies, and it has subsequently grown to be the largest ICT infrastructure established within the free zone.

The DIC also has been a forerunner to promote Dubai’s vision to get transitioned to a knowledge based economy and has a successfully developed ecosystems meant for technology based organizations.

It is also home to few reputed global ICT giants like Oracle, Microsoft, HP, Dell, IBM, Canon, Siemens, Sony Ericsson, Logica, Cisco, Schlumberger, including other medium and small entrepreneurial ventures and enterprises. The cost-effective solutions provided through Firststeps@dic are particularly advantageous for companies across various sectors. These sectors include business services, software development, sales & marketing, consultancy, and ecommerce. This facility offers companies, in addition, the opportunity to evaluate future potentiality. Moreover, they have the flexibility to conduct feasibility studies, identify collaborative ventures, and explore new business opportunities. In addition, they can work alongside future and existing enterprises operating within the DIC, all without necessitating a substantial initial investment.

Dubai Internet City business benefits

• No personal, income and corporate taxes (50-year exemption)
• Dynamic international community
• 100 % foreign ownership
• Full repatriation of profits
• Market development opportunities
• Metro Ethernet environment
• Networking opportunities
• Digital voice and high-speed data services offered at competitive rates
• World class communications infrastructure on new innovative technologies
• Commercial offices, Business Centers (Executive Desk and Executive Office) and Conference Facilities

Legal entities inside Dubai Internet City

• Free Zone Limited Liability Company (FZ-LLC)
• A foreign registered corporate entity applies to establish a branch of a Foreign/International Company
• A UAE registered corporate entity is the applicant for a branch of a COMPANY in the UAE

Business Infrastructure in Dubai Internet City:

• Commercial offices
• Conference Facilities
• Business Centers with Executive Desk and Executive Office
• Amenities – Star Hotels, Fitness Facilities, Dining and Retail, Banking & ATM, Medical, Security and Public Safety