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  FREE ZONES IN UAE > Dubai Internet City
DUBAI INTERNET CITY
 

AGN MAK INTERNATIONAL CONSULTING can facilitate in setting up business at Dubai Internet City. It is the first complete Technology & communication center in the Middle East. It is built inside a free trade zone, and has the largest commercial Internet Protocol Telephony system in the world. It is designed to support the business development of Information & communication Technology companies.

It offers them a modern ready-to-operate, fully serviced office space catering to the specific needs of today's new economy companies offering both wired and wireless networks.

Within a short span of time, a dynamic international community of ICT companies has established itself in Dubai Internet City. The global ICT giants are all there: Microsoft, Oracle, HP, IBM, Compaq, Dell, Siemens, Canon, Logica, Sony Ecricsson and Cisco, to name just a few.

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.

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.

Facilities offered
Office units
Minimum space available is 700 Sq.feet
No space restriction

Plot of land
Different sizes


Rental Per Annum

US$ 32.75
(AED 120) / per sq. foot

US$ 13624 (AED 50,000)

 
Lease period
One Year, annually renewable
One Year, annually renewable
 
Possible legal entities
Branch of a foreign company(parent company should be in existence for minimum 2 years)
Branch of UAE company
FZ LLC
(single shareholding)
value per share is US$ 273 (AED 1,000
FZ LLC
(Multiple shareholding value per share is US$ 273
(AED 1,000)
Capital-cash physical
None
 
*US$ 13,635
(AED 50,000)
*US$ 13,635
(AED 50,000)
No of shareholder
-
 
One
No restriction
Formation fee
US$ 955
AED 3,500
 
US$ 955
AED 3,500
US$ 955
AED 3,500
Types of license issued
According to the DIC segments
     
Licese fee
US$ 4,091 (AED 15,000
     
Business segments
Web based, back office, consultancy, IT support, software developments, business services
     
Visas
Depends on the size of the office space leased.
     
Company formation period
30 days
     
Other info
* Capital amount shown above is only the minimum indicative figure and can vary according to project outlay.
First step at DIC enables new investors to explore the business opportunities by leasing office space for a short-term period. This helps the companies to test the viability of the plan before setting up a full fledged operation unit. However, short term lease in First step does not qualify the company for a Trade license.
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