Dubai Internet City (DIC) is a member of the Dubai Holding subsidiary TECOM Investments. Dubai Internet City was founded in October 1999 and opened its doors in October 2000.
As of today, Dubai Internet City is one of the leading technology business and community hubs around the globe that caters to high-tech corporations and dynamic start-ups which reflect the vision of Dubai. Software companies in Dubai Internet City leverage on a vibrant ecosystem and the perfect gateway to the Middle East and International markets.
At Business Lex Group, we provide you with the best solutions for business setup in the Dubai Internet City free zone. The Dubai Internet City directory has evolved to become a mega hub for global high-tech companies in the regions.
While continuing to attract global brands, the Dubai Internet City maps out support for startups and aspiring entrepreneurs that can drive innovation. After all, the Dubai Internet City is home to the in5 innovation center, a world leading tech startup accelerator.
The Dubai Internet City provides a world leading ecosystem designed to support the business development of information and communications technology (ICT) companies. The Dubai Internet City opportunities have certainly bloomed in the last few years as it’s now the largest tech business hub in the Middle East and North Africa region.
With Business Lex Group you can now get your tech startup or business in the Dubai Internet City building to leverage on the various infrastructure and support facilities available!
BENEFITS OF BUSINESS SETUP IN DIC
100% foreign ownership
Full repatriation of capital and profits
No tax on the corporate income for 50 years
No tax on personal income for 50 years (guaranteed by law)
Freehold offices for sale and lease at competitive rates.
Flexible office solutions
DIC has a pre-existing infrastructure geared towards information technology companies
TYPES OF LICENSE
In DIC the following license categories can be obtained:
Software – Activities related to developing, installing and/or modifying software products of the
company or of a third party.
Telecommunication and Network – Activities 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.
E-Commerce – Activities 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 facilitating sales activities.
IT Service – Activities related to developing and/or providing standardized repeatable IT-based services, which may also include security solutions, localization, training and corporate learning.
Internet and Multimedia – Activities 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.
Additional activities may include providing different applications through a network.