DTEC Free Zone
The DTEC Dubai Technology Entrepreneurship Centre is the largest tech entrepreneurial coworking space in the MENA region. The region was founded in 2015 and is near Dubai Silicon Oasis (DSO). DTEC free zone has become the social hub for business investors, corporations, and entrepreneurs. More than 1000 startups from 70 nationalities of people have come together in the DTEC to make it a successful startup jurisdiction in the UAE. The free zone is just 15 minutes away from the airport and offers logistical support to business ventures.
Characteristics of DTEC Free Zone
Characteristic Type | Characteristic Trait |
---|---|
Company Type | Free Zone Company (FZCO) |
Governing Body | Dubai Silicon Oasis Authority |
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 | 5-9 Days |
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
Statistics
The Dubai Technology Entrepreneurship Centre (DTEC) is located in the heart of the Dubai Silicon Oasis Free Zone and was established in Dubai, the United Arab Emirates. It is a purpose-built startup incubator that accommodates and supports new technology companies. DTEC Dubai provides a nurturing, supportive environment for technology startups and entrepreneurs searching for flexible coworking or office space in Dubai for rent.
The 10,000 sqm artistically designed workspace is home to hundreds of startups, SMEs, and technology entrepreneurs worldwide, making it the most significant technological innovation center in the MENA region.
An overview of DTEC
Founded | 2015 |
Industries | Coworking, Incubators, Real Estate, Venture Capital |
Headquarters Regions | Gulf Cooperation Council (GCC) |
Sub-Organization | Dubai Silicon Oasis Authority |
DTEC facilities | Flexi desk, Assigned desk, Physical office |
Multiple modern business facilities are available 24/7 in DTEC | Comfortable workspaces, conference rooms, cafes, telephone booths, fashionable common areas, gaming room |
DTEC business activities | Computer Graphic Design Services, Software house, Electronic Chips Programming, IT Infrastructure, Web-design, Public Networking Services |
Internet Content Provider, Portal Building | |
Company registration | 1-2 weeks |
Company Renewal | 3-4working days |
Amendments (flexibility to change) | Company name, Business activity, Director/Manager, Shareholding structure, Facility (flexi-desk or office) |
Business license | Service license, and commercial license |
DTEC programmes | Challenge of technology-driven transformation, and DTEC Corporate Innovation |
If you're seeking a creative coworking space to start a new business in Dubai or launch your business, it would be helpful to know about the Dubai free zone company formation.
Registration Process
Complete the Application Form
Submit Your Documents to the Authority
Obtain Your License
Obtain Your Residency Visa
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 partner in your company formation procedure in DTEC Dubai. We have years of experience in starting businesses around the world. Our business experts are very handy with their experience and the legislation of the UAE. We can also provide you with personalized solutions for our clients. Please feel free to contact us for any sort of assistance.
FAQs
Who owns and controls the Dubai Technology Entrepreneur Campus?
Dubai Technology Entrepreneur Campus is owned and controlled by Dubai Silicon Oasis Authority (DSOA).
How many companies were there in DTEC?
There were more than 1000 startup companies in DTEC.
What are the legal entities in DTEC?
The legal entities in DTEC are Free Zone Establishment and Free Zone Company.
What is DTEC mainly focused on?
DTEC is a free zone dedicated to IT-related businesses and licenses.
Whom did DTEC attract?
DTEC attracts and supports inspiring tech ideas within a creative environment that encourages the success and growth of the entrepreneur.
What are the steps to be followed for the business setup in DTEC?
The steps followed for the company formation in DTEC are.
- Choose a business structure
- Find a legal entity
- Select a relevant trade name
- Obtain license and visa services
- Open a bank account
How many days does it take for business incorporation in DTEC?
It takes around 1-2 weeks for company incorporation in DTEC.