Dubai Industrial City

Dubai Industrial City (DIC), also called Dubai Industrial Park, was formed to speed up the growth of the industrial sector in the UAE. It has a total area of 560 million sq.ft. and is the perfect destination for investors desiring to target international markets. It aimed to attract entrepreneurs in the light and medium manufacturing industry, especially those related to transport equipment and parts, food and beverages, logistics, chemicals, and others. The objective was to provide an environment for the manufacturing industry that would be efficient and cost-effective with all facilities under a single roof. It wants to enable companies to work to their full capacity and also be able to meet future expansion requirements.

Dubai Industrial City is located near Al Maktoum Airport and is also close to Jebel Ali Port. It comes under the jurisdiction of the Dubai Technology and Media Free Zone (DTMFZA). This free zone possesses a large conservation zone and provides amenities like education, logistics, among others. It is reputed as the largest Information and Communications Technology centre in the Middle East and North Africa (MENA) region. A member of the TECOM group, and many fortune 500 club companies have been set up here, including Linkedin and Facebook.

Benefits of company setup in Dubai Industrial City

1. Total overseas business ownership
2. Capital and profits can be repatriated fully
3. Total exemption on personal income tax and corporate tax
4. Imports of machinery equipment and raw material required for manufacturing are duty-free
5. State of the art infrastructure
6. Company formation processes are simple
7. Availability of pre-built warehouses for light industrial operations and logistics
8. Excellent information technology systems
9. Labour villages, retail showrooms, commercial land, office space, and storage yards available
10. Producers have tariff-free access to the Gulf Cooperation Council (GCC) and MENA markets
11. It has the world’s biggest IP telephony network
12. It provides a great opportunity for networking and establishing connections
13. No bureaucratic red tape and flexible business regulations
14. Easy availability of skilled, multilingual workforce
15. Safe environment with 24×7 security arrangements
16. Support in getting visa facilities

Investors can form these companies in Dubai Industrial City

1. Free Zone Limited Liability Company (FZ-LLC)
2. Branch of a Foreign Company or a Local Registered Company

Types of business licenses available for companies formation in Dubai Industrial City

1. Trading License: Required for trading activities, such as buying and selling of goods, and storage
2. Commercial License: Required for commercial activities
3. Industrial License: Gives the authority to carry out manufacturing operations
4. Service License: Needed for professional services, such as consulting, accounting and others

Nasiha will support you in every way for company formation in Dubai Industrial City. We will handle all the legal processes required, such as banking, licensing, visa services, VAT registration, preparing documents, and submitting. Our team ensures to make your business setup in Dubai as smooth as possible and allow you to focus on other essential activities that need your primary attention. We will provide all the necessary support to get your company off to a robust start and establish a firm foothold in the local and international markets.