Dubai Internet City
With great facilities and world-class infrastructure, a business-friendly environment, flexible legal structure and an affable ecosystem for global and regional companies and entrepreneurs to set up their IT firms in the UAE, DIC is a domicile for many global ICT companies, including Microsoft, Oracle, HP, IBM, Dell, Siemens, Canon, Logica, Sony Ericsson, Schlumberger, Cisco, as well as many of the small and medium-sized businesses and entrepreneurial ventures.
Why Dubai Internet City (DIC) for Business Setup?
Dubai Internet City is one among the three initiatives by Dubai government to make it the global hub for knowledge and innovation, the other two being Knowledge Village and Dubai Media City.
DIC is the perfect place for IT business setup as it offers the best technology start-up ecosystem and has all the elements of the ICT value chain. Robust IT infrastructure, an extensive talent pool of multi-lingual & skilled staff, tranquil landscape, state-of-the-art offices, excellent retail services, residences & hotels, and 24-hour security ensures that this IT free zone is the strategic base for over 2 billion IT people around the world contributing towards a GDP of $6.7 trillion. The benefits of setting up a business in this Dubai free zone are:
Business Licenses in Dubai Internet City
DIC allows all types of businesses to be set up in the free zone, but these are the most prominent licenses:
1. Software License
A software license in DIC is for any activity related to developing, installing and/or modifying software products of the company or of a third party.
2. Telecommunication and Network
This license must be obtained for any activity related to developing, installing, modifying, and/or operating networks or providing relevant services designed for operating network-based applications or services for self or for third parties./p>
An e-commerce license is required for any activity related to individual services and products to third parties through electronic media such as an internet search engine, portal, website, social media etc. for the purpose of selling goods and services.
4. IT Service
An IT service license encompasses any activity related to developing and/or providing standardized repeatable IT-based services, which may also include security solutions, localization, training, and corporate learning.
5. Internet and Multimedia
This license should be procured for any activity related to developing and/or distributing internet or multimedia content. Other activities may include distributing goods or services via the internet, such as by providing an online platform and acting as an intermediary between multiple companies or multiple individuals.
Why Set Up a Business in Dubai Internet City?
We have been facilitating IT start-ups, SMBs, and multinationals set up their base in DIC, by offering them business support services like business licensing and registration, administrative support, legal documentation, fully-furnished office-setup, etc., to foster their business growth. Our specialized team will connect you with investors and help you in your new venture by evaluating the market potential. Contact us, and we will shoulder all your company formation needs in DIC.
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