Dubai Internet City (DIC) was established in 2000 by the Government of Dubai and has become the Middle East and North Africa's largest information and communications technology (ICT) hub. Since its establishment, DIC has effectively developed a thriving business environment for technology organisations. DIC has been one of the great contributors in transforming Dubai into a knowledge-based economy and smart city.

Within a short period of time DIC has attracted hundreds of technology companies including Fortune 500 companies and multinationals. Companies such as Facebook, LinkedIn, Microsoft, Oracle, HP, IBM, Dell, Siemens, Canon, Logica, Sony Ericsson, Schlumberger and Cisco have already established their regional offices in DIC. Moreover, DIC is home for some of the region's most dynamic and successful technology SMEs and start-ups.

DIC provides access to multi-lingual human resources from all corners of the world with a variety of skills and industry expertise. DIC is sought-after ICT business hub as it consists of wide ranging facilities such as state-of-the-art offices, business parks, a robust IT infrastructure, residential towers, retail shops and hotels that create a unique environment for ICT businesses to develop, innovate and grow.

Through its In5 innovation hub and First Steps business centre DIC also supports and nurtures start-ups, small and medium enterprises. The aim of such initiative is to promote entrepreneurship and innovation in the field of information and communications technology by proving cost-effective business setting up, office facilities, access to funding and a dynamic and pleasing working environment to entrepreneurs.

Types of Companies

Following types of companies can be formed under DIC:

• Free Zone Limited Liability Company (FZ-LLC). FZ-LLC is a separate entity which can be owned by one or more individuals and/or existing companies.
• Branch. Existing local or foreign companies can register their branch offices in DIC.

Business Sectors

Following business sectors are permitted under Dubai Internet City.

Information and Communications Technology related business activities:

• Software - This activity includes developing, installing, and/or modifying software products of their own or of a third party.
• Internet and Multimedia - This category of activities allow 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.
• 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. The manufacture of physical components within the zone and direct trading of physical components and products into UAE market is not allowed.
• IT Services - Activities related to developing, providing standardized, repeatable IT-based services, which may also include security solutions, localization, training and corporate learning.

General business activities:

• Service Provider
• Insurance Service Provider
• Courier Services
• Travel Agency

Consultancy business activities:

• Legal Consultants
• Lawyers and Advocates
• Auditing of Accounts

Regional Head Quarters:

• Marketing Office
• Representative Office
• Call Centre

Hotels and Leisure Services:

• Hotels and serviced apartments licensed in accordance with Decision No. 2 of 2006.

Property Management Services:

• Administration Office
• Commercial Developer
• Property Management

First Steps Business Center

First Steps Business Center of Dubai Internet City enables companies to lease a hot-desk or an executive office spaces at affordable rates. Small start-ups and freelancers can utilize those facilities offered by First Steps Business Center while exploring business and market opportunities. First Step Business Centre facilities include a comprehensive working area, fully furnished office along with administrative services and an advanced infrastructure.

Our Expertise

At Mimo Legal Consulting we have the expertise you need to setup your business in the UAE. We will help you to choose the right legal structure and license based on your requirements and business objectives. We also assist you in opening your bank account and acquiring residency visas in the UAE. If you are interested in setting up your business in the UAE, please contact us for further information.