Dubai Internet City
Dubai Internet City (DIC) provides a strategic and cost effective platform for ICT companies targeting emerging markets in a vast region extending from the Middle East to the Indian subcontinent, and from Africa to Central Asia.
Launched in the year 2000, DIC now features a dynamic international community of ICT companies including global giants like Microsoft, Cisco Systems, IBM, HP, Dell, Siemens, Sun Micro systems, Computer Associates, People Soft and Sony Ericsson.
Many small and medium businesses (SMBs) and promising entrepreneurial ventures are also part of the community. The cluster comprises companies from a variety of sectors – Software Development, Business Services, Web Based and e-Commerce, Consultancy, Sales and Marketing and Back Office.
Dubai Internet City has grown rapidly in the past year into a vibrant international community of about 400 ICT companies and 8,500 knowledge workers.
Dubai Internet City: An ICT micro-economy of its own
With the ICT community continuously expanding, these are increasing business opportunities for companies within Dubai Internet City itself.
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.
DIC offers both 100 per cent tax exemption and 100 per cent business ownership.
The burgeoning ICT cluster at 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.
Dubai Internet City: Features
- 100 per cent exemption from personal income tax for 50 years
- 100 per cent exemption from corporate taxes for 50 years
- 100 per cent foreign ownership
- 100 per cent repatriation of profits
- Dynamic international community
- Opportunities for business interaction and networking
- Opportunities for channel and market development
- Communications infrastructure based on next-generation technologies
- Digital voice and high-speed data services offered at competitive rates
- World’s largest commercial IP telephony network
Dubai Internet City is about 25 kilometers south of the center of Dubai city on the Shaikh Zayed Road towards Abu Dhabi city.
Dubai Internet City has simplified licensing procedures to provide companies with the legal structure required to set up a business. Whether the venture is new or existing, small or large, DIC ensures that a company’s first steps in establishing themselves within the free zone community are successful.
Type of license available:
- Service license
- Trading license
A simple registration process enables companies to get their businesses up and running quickly. Dubai Internet City also works closely with various government departments to help ease the process of obtaining visas necessary for recruiting employees. Visa turn around time is both quick and efficient.
Companies can choose to incorporate their businesses as:
- Branch of Foreign Company
- Branch of UAE-based Company
- Free Zone Limited Liability Company
Dubai Internet City is the epicenter of the information technology revolution in the Middle East, and continues to reshape the future of businesses located in the free zone and in the region.
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