Dubai internet city (DIC) free zone buisness setup
Pricing for – (DIC) Dubai Internet City Free Zone
About Dubai Internet City (DIC)
Dubai Internet City (DIC) is the largest hub for Information and Communication Technology (ICT) in the Middle East and North Africa region. It serves as a strategic base for companies that want to target the emerging markets in the region. This tech business community caters to businesses of all sizes, ranging from solo entrepreneurs to multi-national Fortune 500 companies.
DIC covers an area of 1.5 million square feet and is home to over 10,000 professionals working for more than 1,400 tech companies. Some of the prestigious names include Facebook, Google, and Microsoft.
The prices start from AED 7,500 (Freelancer Licence)
Average business setup time: 4 weeks
Benefits of setting up a company in DIC – dubai internet city free zone
100% Business Ownership And Capital Repatriation
- As an expatriate, you can own 100% of the company and send all profits to your home country.
Prestigious Company
- Work alongside some of the world's biggest names, including Google, Facebook and others.
Thriving Community
- DIC comprises a variety of commercial establishments, including 80 restaurants, hotels, and retail units.
Strategic Location
- DIC's location in the heart of Dubai makes it the perfect base for conducting international business.
Suited To All Sizes
- DIC offers flexible desk packages and commercial office units suitable for businesses of all sizes.
Wide Range of Activities
- Shams welcomes a wide range of business activities and allows for multiple activities under one licence.
DIC Business Activities
Dubai Internet City Free Zone (DIC) welcomes a range of financial and professional business activities. Here are some of the most popular options:
IT Services
Internet and Network Services
E-commerce
Banking
Consultancy
Software Development, Installation and Modification
Multimedia Development and Distribution
Physical Presence Requirement
You don’t have to be physically present to complete the setup process of your Business.
Setting up a business in the DIC Free Zone
Dubai Internet City Free Zone is a highly sought-after location for businesses in Dubai.
If you plan to establish your business in Dubai Internet City, you’re in the right place. This guide will give you an overview of setting up your company in Dubai Internet City Free Zone. We will provide you with all the necessary information to help you get started. Keep reading to find out more!
What Is a Free Zone?
A free zone is a designated area in Dubai or other countries where businesses can operate with fewer restrictions than in the local market. Businesses operating in a free zone are exempt from specific taxes and regulations that apply to businesses outside of the free zone.
This makes it an attractive option for business owners looking to start or expand their operations in Dubai.
Dubai Internet City Free Zone is one of the largest and most well-known free zones in Dubai. It offers various business licenses for companies operating in a wide range of industries.
What Is Dubai Internet City Free Zone?
Dubai Internet City Free Zone was established in 2000. It is a technology park that provides a platform for businesses to connect with emerging technologies and grow their operations. Dubai Internet City offers business premises, office space, state-of-the-art infrastructure, and next-generation IT solutions.
The Dubai Internet City Free Zone has more than 600 buildings, hosting over 200 leading technology companies from over 50 countries.
There are several advantages to setting up your business in Dubai Internet City.
Advantages of Dubai Internet City
The Dubai Internet City business park houses a vast number of companies, including some international brands like Google and Microsoft.
Moreover, Dubai Internet City Free Zone offers several advantages for businesses operating within its boundaries:
- Exemption from income tax, corporate tax, and import or export duty
- 100% foreign ownership
- There are no restrictions on the repatriation of profits and capital
- An easy process for company formation
How can I establish a business in Dubai Internet City Free Zone?
Setting up a business in Dubai Internet City Free Zone is a straightforward process. You can make use of the services of a professional company formation agent, like us, to guide you through the process.
The first step is to select the type of business license that is most appropriate for your needs. Dubai Internet City offers a range of licenses for companies operating in various industries.
Steps for Dubai Business Formation at Dubai Internet City Free Zone (DIC FZ)
The steps for Dubai Internet City business formation are pretty simple, especially if you get in touch with Gulf Gateway CSP.
There are three main steps involved in setting up a company in Dubai Internet City.
The first step is to get in touch with Gulf Gateway CSP, where we can guide you in choosing the most suitable option for your business type and plans.
The next step is to select the appropriate license and activity for your business.
Once you have selected the license, the third step is to apply for it through Dubai Internet City’s e-services portal. We can help you with the whole process, ensuring that all the documents are perfect so that the process is as smooth as possible.
We will also create an account for you with Dubai Internet City Free Zone (DIC FZ), which allows you to access their online services and apply for licenses and registration of your company.
Decide on the Type of Business Entity for Dubai Internet City Free Zone
Once you have selected the appropriate license, you must determine the type of company that best suits your requirements.
Below are some free zone license categories to choose from.
Commercial Licence (Trading Licence)
This license allows companies to import, export, hold, and store goods in Dubai Internet City, which is perfect for retail operations.
Professional Licence (Service Licence)
If you’re setting up a business in DIC that does not deal with importing or exporting goods but provides services to businesses located in Dubai Internet City, then you will require a professional license issued by Dubai Internet City. Some examples of permitted activities include marketing or advertising firms, consultancy agencies, IT companies and others.
Industrial Licence
A Dubai Internet City Industrial Licence is for companies that manufacture products locally. Dubai Internet City Free Zone offers several warehouses as well, so you can store your goods in a safe place after manufacturing them.
Once you have chosen the right Dubai Internet City free zone business license, you will need to select the specific area in Dubai Internet City where your business will operate.
Dubai Internet City Zones
There are three main zones in Dubai Internet City. They are each ideal for a different type of business.
Technology Park
This is the designated area for businesses that operate in the technology, media, and telecommunications industries.
Marketing Square
Marketing Square is a hub for companies that specialize in marketing, advertising, and public relations services.
Creative Cluster
Businesses involved in design, content creation, and the entertainment industry will find Dubai Internet City’s creative cluster a great place to operate from.
Registering Your Company Name
After deciding on the appropriate license, the next step is to select and register a company name with the Dubai Economic Department (DED).
It is crucial to find an appropriate office space in Dubai Internet City that is easily accessible to both employees and clients. Ensure that the office meets all relevant zoning laws and regulations before finalizing.
Liaising With the Dubai Economic Department (DED)
To obtain a licence for your business in Dubai, the Dubai Economic Department (DED) will need to approve and provide it. You can easily get this done through Gulf Gateway CSP, but the cost of the process will depend on the type of licence required by Dubai Internet City.
It’s also important to register your company and your office space in Dubai Internet City with Dubai Customs to ensure that all imports or exports are processed in the most cost-efficient way possible.
After this, you’ll need to hire any employees that your Dubai Free Zone business requires. Once you’ve done that, you’ll be able to apply for a Dubai residence visa for yourself and your employees.
Other Dubai Free Zones
Dubai is a hub for business with over 30 free zones to choose from. Among the many options, Dubai Internet City is a popular choice for entrepreneurs looking to set up their business in the city.
However, if you’re considering other free zones in Dubai, the Dubai Airport Free Zone or Dubai Media City could also be great options.
Here are some other popular Free Zones in Dubai:
- Dubai Media Centre
- Dubai Multi Commodities Centre
- Dubai Science Park
- Dubai Silicon Oasis
- Jebel Ali Free Zone
If you’re interested in setting up your business in Dubai Internet City Free Zone, look no further. We’ll guide you through it all.
Successful Dubai Internet City Businesses
Many successful businesses have chosen to establish their company in Dubai Internet City. This location is home to businesses from all over the world, so you can expect to have access to a vast range of knowledge and resources.
Some of the well-known businesses in Dubai Internet City include:
- Facebook Dubai Office
- Google Dubai Office
- Microsoft Dubai Office
- Oracle Dubai Office
- Siemens Dubai Office
Dubai Internet City Free Zone is an ideal place for companies operating in the technology industry. However, there are plenty of other business options available here as well. If you’re unsure which Dubai Free Zone is the right fit for your company, our team at Gulf Gateway CSP can assist you.
Contact us today to get started!
Living In Dubai Internet City Free Zone
If you’re considering moving your business and living in Dubai, Dubai Internet City is an excellent option. The area provides a range of amenities for its residents, including schools, hospitals, malls, and more.
Dubai Internet City is situated in the heart of Dubai, making it convenient to travel around. Additionally, the area has a large expat population, giving you a chance to meet people from different parts of the world.
The Dubai residence visa allows employees to stay in the country for up to three years, with the possibility of renewal. If you require more information regarding Dubai residence visas, please do not hesitate to contact us. We are always here to assist you.
Real Estate in Dubai Internet City
Residential properties in Dubai Internet City are highly sought-after, with prices starting at AED 900,000.
Dining in Dubai Internet City
Dubai Internet City is a vibrant hub that features a plethora of popular restaurants. Whether you have a modest or lavish budget, and whatever your cuisine preference, you will certainly find something that tickles your fancy. The area also boasts numerous cafes and coffee shops that cater to people who want to sit down with their laptops or grab a quick bite on the go.
Some of the renowned restaurants in Dubai Internet City include Rossovivo Artisan Pizza, Sumo Sushi & Bento DMC, Wok Boyz, and several others.
If you are looking for a more affordable food option, head to one of the many shawarma places or Indian restaurants in the area. Dubai Internet City is also home to some great international chains like Nando’s, Subway, and McDonald’s.
Activities in Dubai Internet City
The Greens Souk is a shopping mall that is located just 10 minutes away from Dubai Internet City. It is a large shopping destination that features numerous retail shops, multiple dining outlets, and a variety of cafes and play areas.
The Golden Mile Galleria Mall, situated in Palm Jumeirah, is only 8 minutes away. The mall has around 70 outlets and many casual dining restaurants.
Other large malls that are located near DIC include Mall of The Emirates and Ibn Battuta Mall, which are both only 10 minutes away.
If you are interested in spending beautiful and picturesque evenings near DIC, you can visit some popular beaches such as Al Sufouh Beach and JBR Beach. Other leisure destinations include Emirates Golf Club, Jebel Ali Racecourse, Dubai Marina Walk and Skydive Dubai, all of which are just a 15-minute drive away.
Schools Near Dubai Internet City
There are prominent schools near DIC, like Blossom Palm Jumeirah and British Orchard Nursery.
The International School of Choueifat Al Sufouh is located an 11-minute drive away. It follows the SABIS (UK/US) curriculum for students from KG1 to Grade 12. Regent International School follows the National Curriculum of England and is also an 11-minute drive away.
Other schools in the vicinity include GEMS Wellington International School, GEMS Dubai American Academy, and American School of Dubai. These schools are accessible by car within a 13 to 17-minute drive.
Transportation
The Dubai Metro system passes through Dubai Internet City, which provides convenient transportation options for navigating the area. Taxis are a readily available mode of transportation to and from Dubai International Airport, which is only 25 minutes away.
In addition, the Dubai Marina tram offers a convenient way to travel between Jumeirah Beach Residence and Dubai Marina.
Dubai Internet City Free Zone Services
Gulf Gateway CSP can help you set up your business in Dubai Internet City Free Zone. We will take care of all the paperwork and ensure everything is in order so that you can start trading quickly and hassle-free.
We offer a variety of packages to suit your individual business needs. Our team of experts is always available to answer your questions and guide you through the entire Dubai business formation process.
Contact us today to learn more about our services. We are more than happy to assist you with any queries you have.
Calculate your Business setup cost
Contact us
Call +971 56 866 3666 or fill out the form to schedule a consultation with one of our Business Setup Advisors.
Working Hours
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Saturday - Sunday
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Office Address
Office 908, 9th floor; Tamani Arts Office Building, Business Bay – Dubai
United Arab Emirates
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