Established in 1999, the Dubai Internet City free zone is currently one of the best free zones for starting a tech business in Dubai. The landscape of business setup in Dubai Internet City is ideal for foreign investors focusing on advanced tech-related activities. The free zone has the right infrastructure and facilities for supporting tech entrepreneurs. Business setup consultants in Dubai can help you open a company in Dubai Internet City. Read ahead to know the benefits of getting a trade license from Dubai Internet City free zone:
Full Control over Ownership
If you set up a business in Dubai Internet City, you don’t need to worry about control over ownership. Foreign investors can have 100% ownership over their companies in Dubai Internet City. There is no need to appoint a UAE national as a local sponsor or a Local Serve Agent (LSA).
The Dubai Development Authority (DDA) regulates the Dubai Internet City free zone. Fortunately, the DDA’s regulations are highly flexible and favourable to foreign investors. This facilitates a hassle-free business setup in Dubai Internet City.
Operate in a Strategic Location
Dubai Internet City free zone is strategically located at the heart of Dubai. If you set up a company in Dubai Internet City, you can have easy access to Sheikh Zayed Road, which is one of the top highways connecting all the important emirates in the UAE. This makes access to key trading hubs such as Abu Dhabi and Sharjah easy and hassle-free. Company incorporation in Dubai Internet City offers you excellent connectivity through sea, air and land as well.
Carry out a lot of activities
Setting up a business in Dubai Internet City makes business sense due to the favourable market conditions. Moreover, the free zone offers most of the major tech-related activities for company formation in Dubai. Some of the top business activities are:
- Internet and Multimedia
- Telecommunication & Network
- IT Services
- Digital Marketing
- Gaming & E-sports
- Digital and Interactive Game Development
- Gaming Publishers
- E-sports Events
The list of activities presented here is not an extensive one as Dubai Internet City also provides other activities such as consultancy services, developer, customer support service providers etc. Business setup consultants in Dubai can help you select the right business activity.
Flexible Legal Entities
Before planning to apply for a license in Dubai Internet City, the investors should understand the legal structures permitted in the free zone. The following are some of the activities permitted in the Dubai Internet City Free Zone:
- Free Zone Limited Liability Company
- Branch of Foreign & UAE Companies
Excellent Infrastructure in Dubai Internet City
Having a prestigious address and robust infrastructure play a key role in business success. Dubai Internet City offers a prestigious address and the best infrastructure for tech companies. Dubai Internet City offers facilities such as Innovation Hub and Co-working Spaces.
Faster Incorporation Process
The process of business setup in Dubai Internet City is easy and flexible. Investors can obtain a license within a few days after submitting the business plan and relevant documents to the free zone authority. Business setup consultants in Dubai can help you expedite the process further.
Opportunity to Work with the Biggies
Dubai Internet City remains is a favourite among all the big international companies such as Facebook, Google, Microsoft and IBM. Young entrepreneurs may get a chance to network or collaborate with stalwarts working with big tech companies.
Apply through the Best Business Setup Consultants in Dubai
The environment of company registration in Dubai Internet City is ideal for foreign investors planning to expand into the region. Business setup consultants in Dubai, such as Jitendra Business Consultants (JBC) can help you easily register a business within the free zone. Our highly qualified consultants can advise you on the laws and regulations as they are experts in UAE immigration laws and labour laws. JBC offers company formation services in Dubai such as bank account opening, visa processing, selection of office spaces, drafting of documents and PRO services. As a result, foreign investors establish their presence in the region without any hassle.