Dubai Internet City (DIC) is a large tech hub established in 2000 that is now home to over 1600 companies and 24,000 professionals from 160 nationalities. It provides a cost-effective base for ICT companies to set up business operations and explore opportunities. Types of licenses available for companies setting up in DIC include Free Zone LLC, branch of a foreign company, branch of a UAE company, and freelance permits. Key benefits of establishing in DIC include 0% tax rates, 100% foreign ownership, advanced IT infrastructure, and a centralized location. The process of company registration typically takes around 2 weeks.

2. Dubai Internet City: Business
setup in DIC
Dubai Internet City (DIC)is a huge techno-hub established in 2000. With over 24,000+ professionals, it is home to 160+ nationalities.
Also, there are 12 innovation centres. It offers a perfect business environment for more than 1600 companies. It is an excellent
choice for setting-up business for all Information, Communication, and Technology Companies. DIC provides a cost-effective base
for all ICT companies so that they can explore all business opportunities.

3. Freelance Permit
Branch office of a
Foreign Company
Branch office of a UAE
Company
Types of Licenses available
Free Zone Limited
Liability Company
It is an independent legal entity.
It’s a branch office of an existing
UAE company, and it does
not have a separate legal entity.
The branch office of a
foreign company can be
formed with no minimum
share capital prerequisites.
It gives an individual the liberty to
operate as a freelance professional.

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Benefits of Dubai Internet City Business Set-up
0% corporate tax
24*7 visa service0% personal income tax
100% foreign ownership

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Benefits of Dubai Internet City Business Set-up
100% repatriation of capital
and profits
IT infrastructure is highly
advanced
24*7 security service
Straightforward registration
process

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Benefits of Dubai Internet City Business Set-up
The legal framework is
simple
Strategic LocationNo customs duty for goods
and services
Fantastic road and metro
connectivity

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Prototyping labs Retail and event venues Innovation Centres
Offerings of Dubai Internet City
The office spaces are strategically located and are adaptable to the needs of every business. Some features offered are-
1. Commercial Spaces

8. Offerings of Dubai Internet City
With over 24,000+ professionals working together, it is just
the right place if you wish to grow your retail business.
2. Retail
It is an innovation platform for all start-ups and
entrepreneurs.
3. In5 Centres
They minimize the investment by offering Flexi desks and
private offices. Both executive offices and executive desks are
available.
4. Co-working Spaces

9. Application
Form
Visa Copy
Passport Copy
5. Go Freelance
Offerings of Dubai Internet City
The Freelance facilities are
provided in three industries-
Tech, Media, and Education.
It is a simple process of
applying and then signing
and payment and then
finally obtaining the
freelance permit. The
documents required
for securing the permit-
NOC of the
sponsor (if Go
Freelance permit is
being applied
for without visa)

10. Bank
Reference
Letter
Portfolio or Sample of
Work (this is for Media
sector only)
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5. Go Freelance
Offerings of Dubai Internet City
Credentials and
Certificates for the Ed
ucation sector only

11. It offers multi-purpose warehouses at strategic locations, which aid in
logistics. It has excellent infrastructure and grade-a build standards.
Some other features of the warehouses are:
1. Internal Light Fitting
2. 24*7 security
3. Amazing fire protection systems
4. On-site parking and loading area
5. 5000-11000 sq. ft.
6. Light Industrial Units
They are strategically located and multi-purpose.
7. Warehouses
Offerings of Dubai Internet City

12. Innovation Centres Retail and
Dining
Fitness HealthcareVenues
Hotels
Other facilities that can be
availed:

13. Internet and
Multimedia
Software-
development,
modification,
installation
Telecommunications
and Network
IT Service
The various business activities permitted in DIC

14. Dubai Internet City Company Formation and Registration
Process
Sending all the legal documents
for checking
Signature and return of Customer
Confirmation Letter and making
the concerned payments
Submission of application and
all the required documents
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15. Dubai Internet City Company Formation and Registration
Process
In the case of FZ-LLC, a bank account
needs to be opened, and share capital
needs to be deposited
The signing of the Lease Agreement
and Personal Sponsorship
Agreement and then collection
of the license
In the case of FZ-LLC, signing of Articles
of Association & Memorandum of
Association, collection of Bank
Introduction Letter, & attested
resolution
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Documents required for Dubai Internet City Company Formation-
Individual Shareholder
Application for Registration
Personal KYC
A Board Resolution which calls for
the establishment of the company
Letter from the
bank which gives
confirmation of
the deposit of share
capital
Other routine
documentation such
as application forms,
specimen
signatures, and others

17. Corporate Shareholder
Application for
Registration
Corporate KYC which
should be duly attested
from the UAE Embassy
Board Resolution which
calls for the establishment
of the entity
Corporate Documents of the Parent
Company such as Certificate of
Incorporation, Memorandum of
Association and Articles of Association
Other routine documentation such
as application forms, specimen
signatures, and others
Documents required for Dubai Internet City Company Formation-
Individual Shareholder

18. Some licensing regulations
All the business activities being
undertaken must be in compliance
with Dubai Technology and Media
Free Zone Licensing Regulations.
The clients have to
lease a DIC facility.
Licenses are only valid for the
business activities that are
undertaken within DIC.
The licenses and permits
are valid for a year and are
renewable annually.
Documents required for Dubai Internet City Company Formation-
Individual Shareholder

19. Frequently Asked Questions
What is the minimum paid-up capital requirement for
starting a business in DIC?
The minimum paid-up capital requirement for FZ-LLC is AED 10000, and
there’s no minimum capital requirement if one is starting a branch of an
existing UAE/foreign company.
Is it possible to transfer my license to Dubai Internet
City?
Yes, subject to approval by Dubai Development Authority (DDA), a license
from another free zone in UAE can be transferred to DIC.

20. Frequently Asked Questions
Is there any limit on the hiring of employees for DIC
Company?
Yes, one needs to maintain 80 sq. ft. of space per employee.
How long does it take to get a license issued from DIC?
On submission of all the required documents and payment of fees, the
license is issued in 48 hours. Each license is valid for a year and renewable
thereafter.

21. NR Doshi and Partners
N R Doshi & Partners make it easy for you to setup a business in Dubai. We are
one of the leading business setup companies in UAE. We offer comprehensive
company formation services to help investors establish their business in the UAE
in a hassle-free way.
Form your DIC Company today! Contact Us now.

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