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Dubai Internet City Company Formation

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Dubai Internet City Company Formation

Setting up a business in Dubai Internet City follows a systematic process, similar to other free zones in Dubai, mandated by the authority to ensure timely company formation. It’s important to recognize that starting a business in Dubai should not be perceived as a straightforward task. The procedures for TECOM registration, determining TECOM license fees, and accurately calculating Dubai free zone company setup costs require careful attention. This complexity underscores the value of business formation consultants in Dubai, who play a crucial role in successfully establishing UAE and Dubai free zone companies.

Business consultants in Dubai provide essential insights to help entrepreneurs make informed decisions before embarking on Dubai Internet City business setup. Their expertise includes details on estimated Dubai free zone license costs and company formation expenses, enabling businesses to create budget plans and ensure financial readiness for their venture’s initial stages. Understanding Dubai free zone company registration fees is also vital for accurate financial planning and future forecasting.

Consultants specializing in TECOM free zone operations are available to address queries about Dubai Internet City setup costs or documentation requirements for trade license renewals. Their role extends beyond providing information; they oversee the entire Dubai Internet City business setup process, ensuring that all aspects, including Dubai Internet City license fees, are meticulously handled before company establishment.

Therefore, entrusting your business setup to a competent team is crucial as it can significantly impact the success and prosperity of your Dubai Internet City company formation journey.

Advantages Of Dubai Media City Company Formation

TECOM Media City is highly sought-after by business owners seeking to establish Dubai free zone companies in this prestigious location. With an increasing number of investors choosing the UAE for business formation, particularly in Dubai’s free zones, the nation’s reputation as a favorable investment destination continues to grow.

Entrepreneurs are drawn to TECOM free zone not only for its competitive Dubai free zone company formation costs but also for the comprehensive advantages it offers. These include:

    • 100% foreign ownership
    • Cost-effective operations
    • State-of-the-art infrastructure
    • Superior support services
    • Full repatriation of capital and profits
    • No currency restrictions
    • Tax exemptions

Process

01

Choose Business Activity
Identify the activities your business will conduct.

02

Select Company Structure
Choose from Free Zone Company (FZC), Free Zone Establishment (FZE), or branch.

03

Register Company Name
Pick and register your company name with DIC.

04

Prepare Documents
Compile required documents, including passport copies, a business plan, and proof of address.

05

Submit Application
Submit your application and documents to DIC for approval.

06

Lease Office Space
Choose and lease office space within the DIC Free Zone.

07

Obtain Business License
Receive your business license after approval.

08

Open Bank Account
Establish a corporate bank account in the UAE.

09

Apply for Visas
Apply for residence and work visas for yourself and your staff.

DOCUMENTS

3 -Optional Trade names of the company (on the basis of your preference)

Passports copy of Shareholder(s)

Visa page copy/entry page copy of shareholder(s)

Visa page copy / Entry page copy of Manager

List Of Activities

One Year Package

License Fees

AED

15,000

Internet and Multimedia

License Fee

15,000 AED (5 activities within same segment)

Immigration

   2,050 AED

Partner Visa

  5,900 AED

Employment
   5,042 AED
 2,500.00 AED per person (Refundable upon visa cancellation)

License Fees

AED

15,000

Telecommunication and Network

License Fee

15,000 AED (5 activities within same segment)

Immigration

   2,050 AED 

Partner Visa

  5,900 AED 

Employment
   5,042 AED 
2,500.00 AED  per person (Refundable upon visa cancellation)

License Fee

AED

15,000

Data Centre

License Fee

15,000 AED (3 activities within same segment)

Immigration

   2,050 AED 

Partner Visa

  5,900 AED 

Employment
   5,042 AED 
2,500.00 AED per person (Refundable upon visa cancellation )

License Amendment Fees

Sr.No. Description Fees
1.
Amendment of activity
2000 AED
2.
Amendment of shareholder
2000 AED
3.
Amendment of manager
2000 AED
4.
Amendment of Visa package
2000 AED
5.
Amendment of MOA
2000 AED
6.
Amendment of Share Capital
2000 AED

Terms And Conditions Of Freezone

  1. All charges are expressed in UAE Dirhams. All charges are subject to AED 20 Knowledge and Innovation Dirham fees.
  2. Charges for any services not mentioned in this schedule will be available on request.
  3. All fees and charges mentioned in this schedule are subject to change by DIC without prior notice. Any updates to the schedule will be published on this page.

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