Dubai Internet City

Dubai Internet City (DIC) is the biggest Information and Communications Technology (ICT) industrial park in the Middle East and North African region. It was constructed in 1999 in the centre of Dubai. This free zone region is 25 km from the main town of Dubai, thus attracting many foreign investors. This location is perfect for IT to provide economic growth and development of ICT corporations.

With the implementation of “in5 System” to support the ideas of new entrepreneurs and technology ventures in Dubai, their struggle to seek acceptance has come to an end in the year 2013. Moreover, the ICT companies can now take the leverage of this boom to intensify their hold in the Dubai and global economic market. Today, Dubai homes to several international ICT companies such as Sony Ericsson, Microsoft, HP, Cisco, Dell, Oracle, Schlumberger, Logical, etc.

The Dubai Internet City incorporates top of the mark infrastructure, high-end facilities, and an environment that is ideal for dynamic global IT sectors. The legal framework suits the demands of the national as well as international corporations. New entrepreneurs who are in search of a successful business career in UAE have prospered through the Dubai Internet City.

Benefits of Setting up a Company in Dubai Internet City

1. Lower Operating expense
2. Complete foreign ownership
3. No tax payable on income (personal and business)
4. No custom duty charges
5. Evolving global market.
6. Transfer the entire profit to the home country.
7. Open the door to create a network and explore the market
8. Globally recognized as the largest commercial Internet Protocol telephony network
9. Next Generation technology integrates with the communication infrastructure
10. Well-developed infrastructure and corporate facilities for technology firms
11. High-speed internet connectivity at reasonable prices
12. Incorporating all the essential amenities

Legal entities inside Dubai Internet City

• Free Zone Limited Liability Company (FZ-LLC)
• Branch of a UAE Company
• Branch of a Foreign Company

Types of business licenses available for companies formed in Business Infrastructure in Dubai Internet City

1. Software License: It is to allow work that involves installation, development, and modify software items.
2. Telecommunication and Network License: Obtained for any work or duty that operates on network-based applications and its services.
3. E-commerce license: Required for trading products and services using various social media platforms such as Internet portal, search engine, websites, or some other online public media tools.
4. IT service license: To permit access to regular IT-based assistance like localization, security solutions, corporate learning as well as training.
5. Internet and Multimedia license: This license is to provide access to the online platform to buy and sell products and services. It also approves the development and distribution of internet and multimedia content.

Nasiha is a well-known business consulting firm in and around UAE which helps clients set up a business in Dubai freezones. We believe in prioritizing the needs of our clients first by making them understand the benefits of company formation in Dubai freezone. Since years, we have been assisting new and seasoned entrepreneurs to set up their business in the Dubai Internet City. Our team tends to make the company registration process simple and easy for both the regional and foreign business owners. After a thorough analysis of our client’s industry and their expectations, we work hard to make sure the details of the project gets documented and presented to our clients for their better understanding.