Business Setup in Dubai Internet City/DIC

These types run for all types of company formation setups such as Offshore company formation in Dubai, Mainland Company Formation in Dubai, LLC Company formation in Dubai, Freezone company setup in Dubai, etc.

Following is the right legal structure at Dubai Internet City:

1. Free Zone Limited Liability Company:

It is an independent legal entity.

2. Branch office of a UAE Company:

It’s a branch office of an existing UAE company, and it does not have a separate legal entity.

3. Branch office of a Foreign Company:

The branch office of a foreign company can be formed with no minimum share capital prerequisites.

4. Freelance Permit:

It gives an individual the liberty to operate as a freelance professional.

Benefits of Business Set-up in Dubai Internet City :

1. Commercial Spaces:

The office spaces are strategically located and are adaptable to the needs of every business. Some features offered are:

• Prototyping labs

• Retail and event venues

• Innovation Centres

2. Retail:

With over 24,000+ professionals working together, it is just the right place if you wish to grow your retail business.

3. In5 Centres:

It is an innovation platform for all start-ups and entrepreneurs.

4. Co-working Spaces:

They minimize the investment by offering Flexi desks and private offices. Both executive offices and executive desks are available.

5. GoFreelance:

The Freelance facilities are provided in three industries- Tech, Media, and Education. It is a simple process of applying and then signing and paying and then finally obtaining the freelance permit. The documents required for securing the permit:

• Application Form
• Passport Copy
• Visa Copy
• NOC of the sponsor (if a GoFreelance permit is being applied for without a visa)
• Bank Reference Letter
• CV
• Portfolio or Sample of Work (this is for the Media sector only)
• Credentials and Certificates for the Education sector only

6. Light Industrial Units:

They are strategically located and multi-purpose.

7. Warehouses:

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:

• Internal Light Fitting
• 24*7 security
• Amazing fire protection systems
• On-site parking and loading area
• 5000-11000 sq. ft.

Other Facilities that can be Availed for Business Setup in Dubai Internet City:

1) Innovation Centres

2) Venues

3) Retail and Dining

4) Fitness

5) Healthcare

6) Hotels

1) Internet and Multimedia

2) Software, Development, Modification, and Installation

3) Telecommunications and Network

4) IT Services

1) Submission of application and all the required documents.

2) Sending all the legal documents for checking.

3) Signature and return of Customer Confirmation Letter and making the concerning payments.

4) In the case of FZ-LLC, signing of Articles of Association and Memorandum of Association, collection of Bank Introduction Letter, and attested resolution.

5) In the case of FZ-LLC, a bank account needs to be opened, and share capital needs to be deposited.

6) The signing of the Lease Agreement and Personal Sponsorship Agreement and then collection of the license.