DIC free zone (Dubai Internet City free zone); that is it offer a strategic and cost effective platform; for Information and Technology companies; or another word an IT sector; that is which aims for emerging markets in a huge area spread from the Middle East to the sub continents; as well as from Africa to Asia?
Dubai Internet City Free Zone (DIC free zone) is form in the start of 2000; and quickly become the hub of IT and telecom business; and also attract most of the IT giants like Microsoft; an IBM, a HP, a Dell, a Cisco Systems, a Siemens; a Computer Associates, a People Soft, a Sun Micro systems; as well as Sony Ericsson. Many small and medium size enterprises (SME); as well as a talented innovative individual, a bunch comprises; a Software Development, a Business Services, a Web Based and e-Commerce companies; a Consultancy, Sales and Marketing and Back Office; are become the part of Dubai internet city free zone.
Dubai Internet City Free Zone (DIC) offers a location that attracts all elements of Information Technology value chain; DIC free zone has establish several programs; that is which can be use to discover; as well as magnify development opportunities. DIC also has the world’s biggest commercial IT Telephony network.
Why Dubai Internet City Free Zone?
DIC free zone is mainly an information technology park; that is which is develop for IT business. To clarify further; it is a free zone where economical activities can be carry on for free; that is exemption to tax; as well as free custom duty. The Dubai internet city free zone in the last few years has emerged; that is, as one of the hottest zone for IT business. So, company formation in DIC free zone is the way to look for a supportable; as well as a profitable free trade zone; that is to enter in to the emerging market.
Benefits of company formation in DIC Free Zone
- 100 % personal tax exemption for 50 years
- company formation in DIC free zone offers 100 % personal tax free for 50 years
- At this point let me tell you one more benefit; that why client is very keen for DIC free zone. Or you can say one more strong point which you need to keep in mind. And I think it is the most key point for DIC free zone. That is it 100 % corporate tax exemption for 50 years
- company formation in DIC free zone offers 100 % owners hip to foreign investor
- Fast Metro Ethernet environment.
- Good opportunities for new IT business; due to company formation in DIC free zone.
- Communications infrastructure built on next generation technologies.
- Digital voice and high speed data rate offered at cheap rate; that is for company formation in DIC free zone.
- World’s biggest commercial IP telephony network
- At this point let me tell you one more benefit; that why client is very keen for DIC free zone. Or you can say one more strong point which you need to keep in mind. And I think it is the most key point for DIC free zone. That is it 100% repatriation of capital as well as profits are allows in DIC free zone.
- No income tax; that is for DIC free zone company
- For company formation in DIC free zone has no capital gain tax.
- No currency restrictions for DIC free zone company setup
- DIC Free Zone Company needs a low cost for set up; as well as for operations.
- Brilliant infrastructure offer by DIC free trade zone; it also offer an excellent support services
Type of company setup in DIC Free zone
Following are the main type of company allow for company setup in DIC free zone
- Branch of a foreign company
- Branch of UAE based company
- Free Zone LLC
Documents Require for DIC Company Formation
Till this point we explain a lot of thing about free zone set up. Now it is time to say some thing about the documents of the free zone company set up.
- Application Form , we will prepare for you
- Letter of Intent , we will prepare for you
- Your existing company brochure (if available)
- 6 months bank statement for each of the share holder; but it is not applicable for new registration
- Copy of the manager’s passport as well as his CV
- Copy of share holder(s) passport as well as his CV
- Original (not a copy) bank reference letter for each of the share holders
- NOC from the current sponsor; that is for manager (if a resident of UAE and UAE employment visa holder)
- Initial approval(s) from the third authority(s); that is in case your business activates require such approval. For example, Media , IT, Pharmaceutical
- Business plan ( we offer Business plan writing services )
- A legal representative, (Negotiator)
How to setup a company in DIC free zone?
Finally it is time to have set up company in DIC free zone. At this point let me tell you one more thing; or you can say one more point which you need to keep in mind. Which i think is a key point for all of the clients; and also i think it will work to see the whole process; of a set up DIC free trade zone company; and show the entire thing in clear way. That is the easy way to setup business in DIC. So get in touch with us. In the first place, you can use website live chat button. So that to start chats with a DIC specialist. Second way is that, you can Click Here to place a call back request.