Free Consultation
Free Consultation

Company Formation in Dubai Internet City (DIC) Free Zone

Establish Your Business in Dubai Internet City – A Hub for Technology and Innovation

Dubai Internet City (DIC) is the Middle East’s leading technology and innovation hub, designed to empower the global digital economy. Established in 1999 and operational since 2000, DIC is part of TECOM Group under Dubai Holding, making it one of the most prestigious and well-regulated free zones in the UAE.

Home to more than 1,600 companies including global tech leaders like Microsoft, Oracle, IBM, Cisco, Dell, and Canon, DIC provides a fertile ecosystem for IT, telecommunications, e-commerce, and digital media businesses. With advanced infrastructure, business-friendly regulations, and a thriving community of innovators, Dubai Internet City is the ideal location for startups, SMEs, and large enterprises seeking growth in the MENA region.

Why Choose Dubai Internet City for Your Business Setup?

Setting up a business in DIC comes with a wide range of strategic and operational advantages that make it a preferred destination for ICT entrepreneurs.

  • 100% Foreign Ownership – Retain full control of your business without needing a local partner.

  • 0% Personal & Corporate Tax – Full tax exemption, with only 9% corporate tax applicable on income above AED 375,000.

  • Full Profit Repatriation – Repatriate all profits and capital without any restrictions.

  • No Currency Restrictions – Conduct transactions freely in any foreign currency.

  • Modern Infrastructure – Enjoy world-class facilities, fiber connectivity, co-working spaces, and high-speed internet.

  • Easy Business Setup – Streamlined process with license issuance within 5–10 working days.

  • Networking Ecosystem – Be part of a global ICT community that includes both Fortune 500 companies and agile startups.

  • Strategic Location – Situated on Sheikh Zayed Road, near Dubai Marina and major airports.

Types of Legal Entities in DIC

When forming a company in Dubai Internet City, investors can choose from the following legal structures:

Free Zone Limited Liability Company (FZ-LLC)
  • Owned by 1–50 individuals or corporate shareholders.
  • Requires minimum share capital of AED 50,000 (AED 1,000 per share).
  • Offers full ownership and limited liability protection.
Branch of a UAE Company
  • A registered branch of an existing company in the UAE.
  • 100% owned by the parent entity.
  • No additional capital requirement.
Branch of a Foreign Company
  • Allows a foreign business to open a branch office in DIC.
  • Operates under the same legal identity as the parent company.
  • No share capital requirement.

Types of Business Licenses Available in DIC

DIC offers various license types depending on the nature of your business:

  • IT Service License – For providing IT-based services such as cloud computing, cybersecurity, software support, and IT consultancy.
  • Software License – For developing, installing, and modifying proprietary or third-party software.
  • E-Commerce License – For online buying/selling and marketplace platforms.
  • Telecommunication and Network License – For network infrastructure, data centers, or managed network services.
  • Internet & Multimedia License – For developing or distributing digital media content and online platforms.
  • Freelancer Permit – For individuals providing professional IT or creative services independently.

Step-by-Step Process for Company Formation in DIC

Step 1: Choose Business Activity & License Type

Select the most relevant business activities and license type permitted under DIC authority.

Step 2: Reserve Trade Name

Choose a trade name that complies with DDA (Dubai Development Authority) regulations.

Step 3: Submit Application & Documents

Prepare and submit all required documents, including passport copies, business plan, and proof of address.

Step 4: Obtain Initial Approval

Once the application is reviewed, DIC issues an initial approval letter.

Step 5: Lease Office Space

Choose an office type co-working, flexi-desk, or commercial office within DIC’s designated zones.

Step 6: Pay Fees & Sign Agreements

Pay the license and registration fee. Sign the lease and personnel sponsorship agreement.

Step 7: Receive Business License

Once the documentation is approved, DIC issues the trade license and registration certificate.

Step 8: Apply for Residence Visa

Apply for investor and employee visas under your company’s quota.

Step 9: Open Corporate Bank Account

With your DIC license, you can open a UAE corporate bank account for business transactions.

Documents Required for DIC Company Setup

  • Passport copies of shareholders and directors
  • Proof of address for all shareholders
  • Business plan
  • Trade name reservation certificate
  • Memorandum & Articles of Association (MOA/AOA)
  • Board resolution (for corporate shareholders)
  • Certificate of incorporation (for branch or foreign entity)
  • Lease agreement for DIC office space
  • No Objection Certificate (if applicable)

Dubai Internet City Company Formation Cost

The cost of setting up a company in DIC depends on your license type, visa quota, and office space.

Estimated Costs:

  • Business Setup (License + Registration): AED 30,000 – AED 45,000
  • Freelancer Permit: AED 15,000 – AED 18,000
  • Office Space Rental: AED 175 – AED 190 per sq. ft.
  • Visa Cost (per person): AED 3,800 – AED 5,000 (inclusive of Emirates ID & medical)
  • License Renewal (Annual): Approx. AED 20,000 – AED 30,000

Note: Prices are indicative and may vary depending on business activity, number of shareholders, and office size.

Timeline for Company Formation in DIC

Typically, company registration and licensing in DIC takes 7 to 15 working days, depending on document verification and office space selection.

For foreign shareholders or companies requiring additional approvals, the process may extend up to 3–4 weeks.

Key Benefits of Company Formation in DIC

  • 100% foreign ownership and capital repatriation
  • Zero import/export duties within the free zone
  • No currency restrictions
  • 0% personal income tax
  • Strong IP and data protection laws
  • Access to Dubai’s best talent and innovation ecosystem
  • Modern coworking and commercial spaces
  • Fast visa processing
  • Prestigious business address on Sheikh Zayed Road

Common Challenges in DIC Company Formation

  • Office Space Availability: Limited supply of smaller, affordable spaces during high demand seasons.

  • Bank Account Opening Delays: Strict AML compliance may extend processing time.

  • Activity Approvals: Certain IT and media activities require additional DDA approvals.

Cost of Setup: Higher than newer free zones due to its premium location and reputation.

Why Choose Us

At Capital Zone, we make company formation in Dubai Internet City seamless, fast, and fully compliant with DDA regulations. From business planning to licensing, visa processing, and bank account setup, our experts handle everything for you.

Our DIC Setup Services Include:

  • Business License Registration & Renewal
  • Office Space & Flexi-Desk Solutions
  • Visa & Immigration Assistance
  • Corporate Bank Account Opening Support
  • Tax & Accounting Advisory
  • Business Consultancy & Expansion Support


Join hundreds of satisfied entrepreneurs who’ve chosen Capital Zone to build their presence in one of Dubai’s most dynamic and innovative free zones Dubai Internet City.

Frequently Asked Questions

Dubai Internet City (DIC) offers businesses in the IT and technology sectors access to a thriving tech ecosystem, 100% foreign ownership, zero corporate tax, and state-of-the-art infrastructure. It’s an ideal location for tech startups and established IT companies.

DIC is ideal for businesses involved in software development, IT services, consulting, telecommunications, and technology solutions. We assist you in selecting the appropriate license for your business activities.

The company formation process in Dubai Internet City typically takes 1 to 3 weeks, depending on the complexity of your business setup and required documentation.

Yes, DIC is a great choice for startups and small businesses due to its flexible workspace options, access to a strong network of investors and tech companies, and support for business growth.

Yes, full foreign ownership is permitted in DIC.

No personal income tax. Corporate tax applies only on profits above AED 375,000 at 9%

Have A Questions?

Contact our team of financial experts for personalized assistance and support.

Contact Us