The Centre of the Middle East Economy
Dubai has emerged as a leading regional commercial hub with state-of-art infrastructure and a world class business environment. It has now become the logical place to do business in the Middle East , providing investors with a unique and comprehensive value added platform.
With its strategic location, tax-free living and consistently strong economic outlook, Dubai is the ideal base for multinationals targeting markets in Central Asia, the Middle East, Africa, the Asian Subcontinent and the Eastern Mediterranean. These regions have a population of over 2 billion people and a combined GDP of US$ 6.7 trillion.
Accessible through its ultra modern airport, that offers connections to over 140 destinations, Dubai is also a thriving tourist destination and attracts a large number of skilled professionals. Its robust economic cluster of technology, media, finance and healthcare hubs makes Dubai a viable and attractive proposition for any business.
Apart from economic advantages, the city offers a superior quality lifestyle that is truly international with luxury residential and office accommodation and excellent educational, health and shopping facilities. Sporting and leisure facilities are abundant and Dubai 's top class international hotels offer a wide range of dining and entertainment choices.
DUBAI INTERNET CITY
Since its official opening in 2000, Dubai Internet City has grown to become the Middle East and North Africa’s largest Information and Communications Technology cluster hosting both global and regional companies.
The business park offers an environment that attracts all the element of the ICT value chain, that helps ICT businesses develop, innovate and grow whilst enjoying free zone benefits which include 100% business ownership and exemption from taxes as well as rich networking opportunities, industry building programs and government services
Dubai Internet City is the Middle East and North Africa’s largest Information and Communications Technology cluster. DIC provides a comprehensive ecosystem, infrastructure, and environment for companies who wish to set up their ICT business in the UAE. DIC offers a ‘one-stop shop’ arrangement, giving Business Partners the freedom to focus on their core operations including company incorporation, trade license and visa services.
Companies located at DIC also enjoy a host of free zone benefits including 100 per cent ownership, absence of corporate and personal income taxes or customs duties, as well as free repatriation of capital and profit in any currency. Companies set up in DIC enjoy an environment that attracts different elements of the value chain from Banking and Finance, Insurance, IT, Legal to Airlines and Hospitality
Key Benefits of Dubai Internet City
Located in the heart of “New Dubai”, next to Dubai Media City and Dubai Knowledge Village, DIC offers state-of-the-art offices and shared facilities to fully support businesses and the community at large.
DIC offers a variety of products to potential clients:
1) Commercial Offices – these are office/ floor spaces
DIC provides state of the art commercial offices, suited for all business types and professional corporate venues surrounded by landscaped gardens and a lakeside amphitheatre. The zone includes over 25 buildings offering premium commercial real estate products in low rise, mid-rise and high rise categories.
The commercial offices key characteristics include:
2) First Steps Business Center
First Steps Business Center allows companies to lease short term office spaces, while exploring business and market opportunities. First Step Business Centre offers an enabling combination of a comprehensive working area, which includes a fully furnished office along with administrative services and an advanced infrastructure.
Companies can operate in the DIC First Steps Business Center as a fully operational ‘Branch of a Foreign Company’ or ‘Free Zone Limited Liability Company’ for a minimum lease term of one year after successfully completing the registration process.
The First Steps Business Center facilities at Dubai Internet City include:
Companies joining First Steps Business Center are offered choices in the size and location of private office spaces, each with access to the following facilities.
3) Conference Facilities
4) Venue management
Through a dedicated Venue Management team, DIC complements its offering with professional corporate venues that enhance the communities’ ability to network and to work collaboratively with each other. DIC Events locations are surrounded by stunning landscaped gardens and a lakeside amphitheatre.
For an event that reflects a distinctive style, turn to Dubai Internet City. Our dedicated venue management services ensure a truly outstanding event.
Access & Transport:
Dining & Retail:
You can access these stores and services during your busy working hours, without having to leave the zone
Locate document TECOM dining & retail guide and upload here.
ATM & Banking: There are a number of ATMs and banking facilities (http://dic.ae/outlets/banking-services.php) throughout the zone including Sharia compliant services. (identify one person to confirm for each zone) DIC #2
GCC is currently home to one of the fastest growing populations in the world.
Age distribution in the Middle East, especially in the GCC countries is more heavily skewed towards the youth segment. On an average 60% of the population in the GCC countries is below 35 years of age.
With a young population and an increase in broadband penetration in the MENA region, further development of the ICT industry, leveraging techno savvy young customer base and connected infrastructure migration will be in full force in the coming years.
is the greatest contributor to the ICT market with these revenues alone expected to reach almost US$50 billion by 2015.
In particular, taking into account the UAE ICT Market, the main highlights are as follows:
The ‘Registration and Licensing Department’ of Dubai Technology and Media Free Zone Authority (DTMFZA) provides all registration and licensing services for companies operating in the Free Zone. All services provided are subject to the applicable laws and regulations in the Free Zone issued by DTMFZA as amended from time to time. The procedure and forms for license renewal, amendments and cancellation can be accessed from DTMFZA website
Business Partners may apply to make the following amendments to their commercial license:
To access the procedure and forms for any of the license amendments above, ple
During the operation of the Company in the Zone, a FZ-LLC can change its Share structure under any of the options below:
To access the procedure and forms for change the share structure of your company,
Conversion from Branch of a Foreign Company to a FZ-LLC
While operating as a branch of a company, any Business Partner is allowed to convert their legal status from a Branch to a FZ-LLC. To access the procedure and forms,
Merge (Amalgamation) of Companies
Two or more Companies which are incorporated in the Zone, may apply for consent to amalgamate and continue as one company. To access the procedure and forms,
License Cancellation and De-registration
If you wish to cancel your license, please click here to access the procedure and forms
Ground Floor, Building No.6,