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Dubai Internet City Free Zone Company Formation

Dubai Internet City Free Zone Company Formation

COMPANY FORMATION & REGISTRATION

DUBAI INTERNET CITY - DIC

Dubai Internet City free zone companyDubai Internet City Free Zone Company Formation : Knowledge economy ecosystem has been designed by DIC to provide support to business development of ICT (Information & Communications Technology) firms. Built within the free trade zone, it is regarded to be the biggest ICT infrastructure in the Middle East.

In October 1999 was established the Dubai Internet City, considered to be Dubai Holding Subsidiary member of TECOM Investments. It started operations from October 2000. It is also North Africa and the Middle East’ largest ICT hub! The DIC is designed and created to provide support to ICT companies and has emerged to become the largest OCT infrastructure constructed within the free zone.

The DIC also has been a forerunner to promote Dubai’s vision to get transitioned to a knowledge based economy and has a successfully developed ecosystems meant for technology based organizations.
It is also home to few reputed global ICT giants like Oracle, Microsoft, HP, Dell, IBM, Canon, Siemens, Sony Ericsson, Logica, Cisco, Schlumberger, including other medium and small entrepreneurial ventures and enterprises. The cost effective solutions offered through Firststeps@dic benefits companies from different sectors like business services, software development, sales & marketing, consultancy and ecommerce. This facility offers companies the opportunity to evaluate future potentiality, conduct feasibility studies and to identify collaborative ventures or new business and to work along with future and existing enterprises that operates within the DIC without actually requiring to make large initial investment.

Dubai Internet City business benefits:

  • No personal, income and corporate taxes (50-year exemption)
  • Dynamic international community
  • 100 % foreign ownership
  • Full repatriation of profits
  • Market development opportunities
  • Metro Ethernet environment
  • Networking opportunities
  • Digital voice and high-speed data services offered at competitive rates
  • World class communications infrastructure on new innovative technologies
  • Commercial offices, Business Centers (Executive Desk and Executive Office) and Conference Facilities

Legal entities inside Dubai Internet City:

  • Free Zone Limited Liability Company (FZ-LLC)
  • Branch of a Foreign/ International Company, where the applicant is a foreign registered corporate person
  • Branch of a COMPANY in UAE , in which the applicant is a UAE registered corporate person

Business Infrastructure in Dubai Internet City:

  • Commercial offices
  • Conference Facilities
  • Business Centers with Executive Desk and Executive Office
  • Amenities – Star Hotels, Fitness Facilities, Dining and Retail, Banking & ATM, Medical, Security and Public Safety

Free-Zone Has Its Own Benefits

Listed below are Benefits of Registering Your Business in Free Zone

  • 100% foreign ownership
  • Tax benefits
  • Duty free
  • Low operational cost
  • Low freight charges
  • Abundant & inexpensive energy
  • Exemption from all import and export duties
  • Freedom to recruit expatriates
  • Freehold offices available on sale or lease
  • Readymade offices, factories & warehouses
  • Free transfer of funds and no foreign exchange control

Why Black Swan ?

Black Swan Will Help You In Not Only Every Step Of Your Business Setup But Also In Continuing Business:

  • Taking the trade name approval.
  • Initial or security approval.
  • Preparing Memorandums.
  • Bank Account assistance.
  • Court Notarisation of memorandums, POA and other documents.
  • License issuance
  • Establishment Card.
  • Visa's
  • Any external approvals if required.
  • Final Submission.

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