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. The DIC 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. With My Business Consulting DMCC, 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!
BUSINESS REGISTRATION FEES IN DIC
Software companies in Dubai Internet City leverage on a vibrant ecosystem and the perfect gateway to the Middle East and International markets. DIC provides a world-leading ecosystem designed to support the business development of information and communications technology (ICT) companies. My Business Consulting DMCC will help you embrace the opportunity to start your business in the Dubai Internet City Free Zone the right way as we provide full support in choosing the right corporate structure, choosing the best business activities, ensuring the business licensing process goes smooth and in compliance with the UAE laws. Reach our Business Setup Experts for your free quote!
1. Type of License
DIC is offering mainly Service License. Each license is as per main segments which are: Internet and Multimedia, Software, Telecommunication and Network, IT Service, and E-commerce. The fee structure in DIC is straight forward as below:
| LICENSE TYPE | 1st YEAR | 2nd YEAR |
|---|---|---|
| Registration Fee | AED 3,520 | - |
| License Cost per Segment | AED 15,020 | AED 15,020 |
| Additional Cost per Additional Segment | AED 10,010 | AED 10,000 |
| Freelance Permit | AED 7,500 | AED 7,500 |
Note:
* Share Capital must be deposited to the DICA bank account before the License of the company will be released. Share Capital will be refunded to the bank account of the new company, once the account is open.
*Freelance Permit does not require capital.
*Additional AED 500 applies if there’s more than 1 shareholder in the company
Fees are the subject for an additional 5% Value Added Tax (VAT).
For the latest prices and promotions kindly contact our Business Setup Experts
2. Type of Office Facilities
The eligibility of visas is directly related to the office space. The authority is only offering a various type of physical desk and offices as follows:
| OFFICE TYPE | MIN. SIZE | FEES |
|---|---|---|
| Business Center Exclusive Desk - if available (2 Visas eligibility) |
Flexi Desk | AED 35,000 per year + AED 5,000 refundable deposit |
| Business Center Executive Office - Fully Furnished (4 Visas eligibility) |
160 sqft | AED 96,000 per year + AED 10,000 refundable deposit |
| Commercial Office - Shell & Core (1 Visa eligibility per 80 sqft) |
720 sqft | AED 175,00 / sqft. |
Note: Fees are the subject for an additional 5% Value Added Tax (VAT).
For the latest prices and promotions kindly contact our Business Setup Experts
3. Miscellaneous Documents
| Establishment Card | AED 2,000 |
| Mandatory Ejari Registration of the Office Unit (not applicable for Executive Office and Exclusive Desk) | AED 204 |
| Urgent Applications Processing | AED 1,000 |
Note: Fees are the subject for an additional 5% Value Added Tax (VAT).
For the latest prices and promotions kindly contact our Business Setup Experts
4. Residence Visa in Dubai Internet City (valid for 3 years)
The cost of each visa varies depending on the status of an applicant’s current location, whether application is taking place inside or outside the UAE. Amendment of visa can be done only if the applicant has canceled his previous Residence Visa or is transferring within Dubai Internet City.
If at the moment of the application, you are in the UAE, by choosing the Employment Visa Application inside the Country with Local amendment, you can easily stay in the country, and enjoy the hassle-free process. There will be no need to exit the UAE for the Visa Status Change process.
| SERVICES | FEES |
|---|---|
| Employment Visa - Outside the Country | AED 3,280 |
| Employment Visa - Inside the Country without Status Change | AED 4,120 |
| Employment Visa - Inside the Country with Status Change | AED 4,910 |
| Visa Guarantee deposit | AED 2,500 |
| Medical Test, Emirates ID and Photo | AED 1,240 |
Note: Fees are the subject for an additional 5% Value Added Tax (VAT).
For the latest prices and promotions kindly contact our Business Setup Experts
THE INFINITE OPPORTUNITIES OF DUBAI
UAE FREE ZONES
AJMAN FREE ZONE AUTHORITY (AFZ)
DUBAI MULTI COMMODITIES CENTER (DMCC)
DUBAI SOUTH FREE ZONE (ex.DUBAI WORLD CENTRAL)
DUBAI WORLD TRADE CENTER (DWTC)
JEBEL ALI FREE ZONE AUTHORITY (JAFZA)
KHALIFA INDUSTRIAL ZONE ABU DHABI (KIZAD)
RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ)
BANK ACCOUNTMANAGEMENT
A bank account is definitely one of the most important requisites of starting a business. The UAE is home to various local and international banks that provide a wide range of services and facilities once you open a bank account. By opening a bank account in Dubai or any other Emirate for that matter, you get the option to open corporate & personal bank accounts for residents, bank accounts for non-residents, offshore bank account, fast and secure online banking, debit/credit cards, cheque books and locker facilities.
READ MORECORPORATEFINANCE
While UAE offers a business friendly environment for foreign investments, you may not be familiar with the accounting system practiced in the country. Hence, a large number of foreign business acquire bookkeeping services to ensure that audits and compliance. At My Business Consulting DMCC, we provide a complete suite of accounting services to help all types of business maintain focus on their operations. With more than 12 years of experience in the UAE, our accounts are qualified to provide you with:
READ MOREEMIRATES RESIDENTVISA SUPPORT
The United Arab Emirates (UAE) is a global leader in business and residence, where having an Emirates ID entitles you to engage in various lucrative opportunities. Getting a UAE residence visa means that you can avail tax exemptions, high standards of life, and excellent opportunities for business development backed by economic and political stability. At My Business Consulting DMCC, we provide our clients with residency support to help them find their feet and start life in the UAE.
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