Dubai Internet City Free Zone

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Free zone Company setup in Dubai Internet City

Do you want to start a company by sharing space with global IT giants like Microsoft, Oracle, HP, IBM and Dell? Then come to Dubai Internet City. This free zone is designed for the development of information and communication technologies across the globe. In the Middle East this is the largest IT free zone. DIC is the best choice, if you are into software development, ecommerce, sales, marketing or any other internet related business services.

As the market of IT products and services is getting bigger day by day, the United Arab Emirates have made it possible to bring all major IT giants under one umbrella. In this free zone you can see key IT players as well as small start ups. The companies have started exploiting this economic free zone as a strategic base for deploying information technology and services in a cost effective way.

Many steps are involved in the registration and licensing procedure. We are able to assist you in getting a valid trade license and other associated benefits in a hassle free manner. Consult with us and ensure a promising entrepreneurial venture in the DIC community.

Types of business licences provided in DIA zone -

Internet and multimedia license – If your business activities are related to developing or distributing of internet related products or services then can apply for Internet and multimedia license. Those who are using online platforms for carrying out business of multiple companies can also apply for a license. Doing additional activities like supplying applications across diverse platforms are also eligible for a license.

Software license – You can apply for a licence if you are into development, installation or modification of software products.

Telecommunication and Networking license – You are eligible to apply for a licence if you are into development, installation, modification or operation of networks or its related services.

IT services – Those who are doing IT related services or IT enabled services are able to apply for IT services license. This includes training, security solutions, marketing services and corporate learning services.

Other than the above discussed categories, other segments that will be checked before providing a license include the behaviour of the business. Authorities will check whether the company is a consultancy, developer, solution provider, support service provider, management service provider, customer service provider or application service provider.

You can set up a business in DIA as:

Initial steps for setting up a company in DIA

  • Applying for a licence. Application will be available on the DIA website.
  • Submission of the proposed business plan
  • Passport copies of all top management officials. Submit passport copies of managers, directors and shareholders.

DIC authorities will review the application and upon approval will send a provisional approval letter to the applicant. An applicant has to submit the following documents within 15 days after getting the provisional approval letter.

Documents to be submitted for setting up a limited liability company

  • Certificate of registration
  • Memorandum and Articles of Association
  • Certificate of good standing
  • A list of the members in the director board
  • Proof of company's initial capital

Documents to be submitted for setting up a local or foreign branch

  • A copy of the certificate of registration of the parent company
  • A copy of the certificate of good standing of the parent company
  • A copy of Memorandum and Articles of Association of the parent company
  • A copy of Valid Trade Licence of the UAE Company
  • A copy of Commercial Registration of the UAE Company

The submitted documents will be assessed by the authorities for its validity and check the availability of the office space. A customer confirmation letter will be send to the applicant the completion of the review procedure. Next step is the issue of Lease agreement for the office space and the Personnel sponsorship agreement. All these have to be returned with the applicants sign and seal to the DIA authority. Once all these procedures are completed finished, the DIC will issue a trade license.

Free Zone FAQs

You can choose a free zone depending on the type of business activity you are going to perform there. Some of the free zones that are particularly meant for each activity include

  • Internet city
  • Airport free zone
  • Media city
  • Academic city
  • Knowledge city
  • Outsource zone
  • Multi commodities centre
  • Media production zone
  • Biotech Research Park
  • Auto zone
  • Gold and Diamond park
  • Health care city
  • Industrial zone
  • Financial centre
  • Humanitarian centre
  • Flower centre
  • Maritime centre
  • Logistics centre
  • Creative city

The main capital requirement depends on the type of business activity that you are planning to set up in a Free Zone. Specifications regarding the capital requirement depend up on the Free Zone you select for trading activities.

Choosing a legal form depends on the business type, trading activities, nationality of the owner and the preferred ownership options. Some of the common forms are:-

  • 1. Free Zone establishment (FZE) – Here one single share holder can run the business.
  • 2. Free zone Limited Liability Company (FZ-LLC) – Here the company can be registered with more than one shareholder.
  • 3. Brach office – Any international company can start a branch of their office in the free zone.

The procedures for setting up a company in a free zone are direct and easy to complete. General steps involved in it are as follows.

  • Filling up a general form provided by the Free Zone Authority. This allows in checking the company’s requirements and its mode of operation.
  • Documentation process
  • Submitting a copy of the lease agreement
  • A meeting with the free zone authority to finalize the location and the company registration procedures.
  • Passport copy of shareholder
  • Application form
  • Copy of Memorandum of Association
  • Copy of Article of Association
  • Copy Board Resolution

Normally it will take 3 weeks to finish the whole procedures. If there is any delay in the documentation procedures, then it will take 6 weeks to finish the registration process.

  • Jebel Ali Free Zone Authority
  • Dubai Multi Commodities Centre
  • Dubai Airport Free Zone Authority
  • Dubai World Central

Free zones are attractive as it provides lucrative options to the companies. Some are the following:-Free zones are attractive as it provides lucrative options to the companies. Some are the following:-

  • 100% foreign company ownership
  • 100% repatriation of capital and profits
  • Exemption from all import and export duties
  • No corporate tax
  • No dividend tax
  • Inexpensive energy
  • Legal consultation on free zone company setup
  • Verification of visa and work permit requirements in compliance with Emirates law
  • Identification of the corporate structure that suits current and future business plan
  • Drafting documents, collecting files and managing submissions as per requirement
  • Company Registration Amendments
  • Partnership options for offshore companies, professional companies or branch offices
  • Getting approvals from Free Zones authorities, Ministries and department of planning
  • PR activities
  • Accounts maintenance and auditing
  • Setting up of bank account

Yes, it is mandatory, below are the property options:

  • Flexi Desk
  • Serviced Office
  • Physical Office for lease
  • Physical Office for sale
  • Retail shop space for lease
  • Retail shop space for sale

A Free Zone license will give you 100% ownership of your company and complete control of your business. Incorporating your business in a Free Zone also tends to be a cheaper and easier process.

An advantage of a Non Free Zone setup is that this type of license allows you to freely operate in any area of the UAE. Even though a local Emirati sponsor who would have 51% ownership of your company, certain businesses simply work better with a Non Free Zone license. In other words, when you have a Free Zone license, you are allowed to operate only within that Free Zone but with a Non Free Zone license, you will not be restricted to one area.