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| Dubai Internet
City Free Zone
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Horwath Mak business consultants can facilitate in
setting up business at Dubai Internet City.
It is the first complete Technology & communication
center in the Middle East. It is built inside
a free trade zone, and has the largest commercial
Internet Protocol Telephony system in the world.
It is designed to support the business development
of Information & communication Technology
companies.
It offers them a modern ready-to-operate, fully
serviced office space catering to the specific
needs of today’s new economy companies
offering both wired and wireless networks.
Within a short span of time, a dynamic international
community of ICT companies has established itself
in Dubai Internet City. The global ICT giants
are all there: Microsoft, Oracle, HP, IBM, Compaq,
Dell, Siemens, Canon, Logica, Sony Ecricsson
and Cisco, to name just a few.
Dubai Internet City provides an environment
that attracts each and every element of the
value chain for an ICT business into the community.
In addition, it has developed programs that
can be leveraged by the ICT community to explore
and expand 'Channel Development' opportunities.
Dubai Internet City also offers a high quality
of business interaction and networking opportunities
that can be utilized for enhanced problem solving
and knowledge sharing by the community.
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Facilities offered |
Office units
Minimum space available is 700 Sq.feet
No space restriction
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Plot of land
Different sizes
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| Rental per annum |
US$ 32.75 (AED 120) / per sq. foot |
Subject to Mgt decision |
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| Lease period |
One year, annually renewable |
Up to fifty years. |
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| Possible legal entities |
Branch of a foreign company(parent company
should be in existence for minimum 2 years) |
Branch of a UAE company including entities
established in other UAE free zones |
FZ LLC
(single shareholding)
value per share is US$ 273 (AED 1,000
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FZ LLC
(Multiple shareholding value per share is
US$ 273
(AED 1,000)
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| Capital-cash physical |
None |
None |
*US$ 13,635
(AED 50,000)
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*US$ 13,635
(AED 50,000)
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| No of shareholder |
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One |
No restriction |
| Formation fee |
US$ 955
AED 3,500
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US$ 955
AED 3,500
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US$ 955
AED 3,500
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US$ 955
AED 3,500
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| Types of license issued |
According to the DIC segments |
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| Licese fee |
US$ 4,091 (AED 15,000 |
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| Business segments |
Web based, back office, consultancy, IT
support, software developments, business services |
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| Visas |
Depends on the size of the office space
leased. |
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| Company formation period |
30 days |
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| Other info |
* Capital amount shown above
is only the minimum indicative figure and
can vary according to project outlay.
First step at DIC enables new investors to
explore the business opportunities by leasing
office space for a short-term period. This
helps the companies to test the viability
of the plan before setting up a full fledged
operation unit. However, short term lease
in First step does not qualify the company
for a Trade license.
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| © Copyrights
2008-2009, Horwath Mak Business Consulting |
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