DIC Free Zone

Dubai Internet City (DIC) is the region’s dedicated tech free zone that aims at the growth of information and technology. The free zone has one of the most prevalent ICT infrastructures in the Middle East. Company formation in DIC can prove to be advantageous for you if you decide to start any information technology-based company. 

Characteristics of DIC Free Zone

Characteristic Type Characteristic Trait
Company Type Free Zone Company (FZCO)
Governing Body Dubai Development Authority (TECOM)
Minimum Number of Shareholders 1
Minimum Number of Managers 1
Accounting and Book Keeping Requirements No
Renewal Date Annual Date of Incorporation
Corporate Taxation 0%
Visa Type Employment Visa Only
Ownership 100 Percent Foreign Ownership
Type of Activities Commercial/Service/
VAT Percentage 0%
Duty for Import and Export 0%
Duration For Company Formation 2-3 Weeks
Paid Up Capital No Paid Up Capital
Local Partner Required No

Documents Required

  • Color Passport Copy
  • Visa status copy / Entry stamp copy
  • Passport Size Photo
  • Other documents depending on the business activity

Banking Partners

Advantages of The Free Zone

100% Foreign Ownership

Profits are fully repatriated

No Corporate and Income Tax for 50 Years

Customs Duty is Completely Waived

Thriving International Community

Statistics

Dubai Internet City free zone (DIC), a trailblazer advancing Dubai's ambition of transforming into a knowledge-based economy, has created a thriving environment for technology companies.

Business setup in DIC comes with a lot more. Let's take a deeper look at the facts regarding this free zone: 

Founded in the Year 2000
Population 5,500
Governing Authority Dubai Development Authority
No. of Companies 1600
Total No. of International Collaboration 150
No. of Workforce 24,000
Investment Amount AED 7.8n billion
No. of Innovation Centers 12

Company Formation in Free zones Ideal for

IT-Related Activities

E-Commerce

Consultancy

Internet and Network Services

Multimedia Development and Distribution

Registration Process

Complete the Application Form

Complete the Application Form

Submit Your Documents to the Authority

Submit Your Documents to the Authority

Obtain Your License

Obtain Your License

Obtain Your Residency Visa

Obtain Your Residency Visa

Open Your Bank Account

Open Your Bank Account

Terms and Conditions

*Duration is subject to the constraints of the due diligence procedure.

**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.

***The required documents must be provided for every individual related to the company.

Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.

Why Choose BSW

Business Setup Worldwide can be your assistance guide in your Dubai Internet City business setup. Our team can reach out to you at your convenience and assist you in company formation. We can give you personalized solutions to your business problems. So contact us for any further information. 

FAQs

How long does it take to obtain a business license in DIC?

5-6 days.

What are the required licenses for DIC company formation?

  • Commercial License
  • Industrial License
  • Professional License

What are the legal entities in DIC free zone?

  • Free Zone Limited Liability Company (FZ-LLC)
  • Branch of a UAE Company
  • Branch of a Foreign Company

What are the top companies in the DIC free zone?

  • Oracle
  • Samsung
  • Microsoft
  • Accenture
  • Canon

5. What are the facilities available in the DIC free zone?

  • Commercial Spaces
  • Retail
  • Co-working Spaces
  • Light Industrial Units
  • Warehouses