The Free-zone company at DIC - Dubai Internet City (Dubai)
General presentation
Register
Free-zone Company in the Emirate of Dubai registered with the TECOM Registry located in the Dubai Internet City (DIC) district.
Permitted activities
The company may engage in any activity except banking, insurance, and financial activities (such as currency exchange). Managing funds for third parties is not permitted.
Minimum capital
Min. AED 50,000
Manager
Minimum one. It may be an individual or a legal entity (in the latter case, an individual Manager must also be appointed).
Associate(s)
Any natural person (individual - minimum age 21) or legal entity (company), regardless of nationality. No nominee shareholder.
Requirement to have an Emirati shareholder
Not required.
Registration obligations and deadline
Keep accounting records
Required.
Report on the audit of the annual financial statements
Required.
Time to register
3 weeks max.
Expected time frame
Signing the articles of association in Dubai
You will need to come to Dubai 15 days after receiving your payment to sign your company’s articles of association before a Registry Officer. You will then only need to stay in Dubai for 1 day.
Registration Certificate
Up to 10 business days to receive your company's Certificate of Registration.
Residence visa
3 weeks from your company’s registration (an administrative processing period that does not require your presence) + 5 business days in Dubai (from Wednesday morning to Wednesday evening of the following week) to obtain your visa.
Bank account
Approximately 7 business days to receive your bank account number after your company is registered (remote account opening) or after you obtain your visa (in-person account opening). The bank card is then sent by the bank via express mail to an address of your choice anywhere in the world, approximately 15 days after your initial funds are deposited into your account.