DIC hosts numerous Fortune 500 companies and multinationals like LinkedIn and Facebook. It also owns region’s most successful and dynamic technology SMEs and startups from all the ICT value chain elements. Additionally, DIC has initiated several programmes to help the community diversify channel development opportunities. Companies also benefit from the sophisticatDIC Company Formationed Metro Ethernet broadband infrastructure and various business enabling facilities like government transactions.
Established within a free trade zone, DIC forms a strategic hub for firms aiming at capturing the evolving markets in the nearby regions. From Africa to the CIS countries, Middle East to the Indian Subcontinent, and more, the DIC markets cover almost three billion people. It also owns world’s largest commercial IP Telephony network. For multinational companies eyeing markets in the Middle East, Asian Subcontinent, Africa, Central Asia, and Eastern Mediterranean regions, Dubai is an ideal place.
The key benefits: To do business in DIC are as follows:
100% freedom from personal income tax, corporate tax for 50 years, 100% capital and profit repatriation, 100% foreign ownership, next-generation technology based Communications infrastructure, Metro Ethernet Environment, high speed data services & Digital voice at affordable rates & possibilities for market and channel development.
- Location: Dubai Internet City, Dubai, (U.A.E.)
- Proposed activity: Software/ Internet & Multimedia/ Telecommunication & Network/ IT – Services
- License available: Commercial license
- Entities Type: Free Zone-Limited Liability Company (FZ-LLC) & Branch office
- Shareholder: Can be Individual or Corporate entity
- Director: Individuals only
- Share capital: Minimum of AED 50,000/-
- Audit: Audit report is not required to be filed with the authority
- Estimated time: Minimum of 5 – 6 working weeks to obtain final trade license
Global Business Services (GBS) has helped many individuals and corporate entities to set up their businesses in Dubai Internet City Free Zone. Global Business Services (GBS) provides you consultancy and helps you with company incorporation services at Dubai Internet City Free Zone.