Dubai Industrial City Free Zone Company Formation
Dubai Industrial City (DIC) is a premier business destination that provides a conducive environment for manufacturing and logistics businesses. Strategically located near the Al Maktoum International Airport and Jebel Ali Port, DIC offers world-class infrastructure and facilities tailored to support industrial growth.
Established in 2004, the DIC Free Zone expands over an area of 560 million square, housing over 200 companies. It comes under the jurisdiction of the Dubai Technology and Media Free Zone (DTMFZA).
The free zone is designed to accommodate businesses of various scales, ensuring they have the necessary resources to thrive and expand in the competitive market of Dubai.
Why Choose Dubai Industrial City Free Zone Business Setup?
Choosing to establish your business in the Dubai Industrial City Free Zone comes with numerous benefits. First and foremost, DIC is strategically positioned, providing seamless access to regional and international markets. The proximity to major logistics hubs such as Al Maktoum International Airport and Jebel Ali Port ensures efficient transportation and supply chain management, which is crucial for manufacturing and industrial businesses.
Additionally, DIC offers state-of-the-art infrastructure, including warehouses, factories, and showrooms, tailored to meet the specific needs of different industries. The free zone also provides a streamlined company formation process with simplified administrative procedures, ensuring a hassle-free setup.
By choosing Dubai Industrial City Free Zone, businesses can leverage these benefits to enhance their operational efficiency and achieve sustained growth.
Benefits of Setting Up a Company in Dubai Industrial City Free Zone
- 100% foreign ownership
- No personal or corporate income tax
- Tariff-free access to the GCC and MENA markets
- No currency restrictions
- Fast business setup
- World’s largest IP telephonic network
- 100% repatriation of profits and capital
- Duty-free imports and exports
- Top-notch IT infrastructure
- Access to Jebel Ali Port
- Great amenities
- Modern banking system
Types of Licenses Offered at Dubai Industrial City Free Zone
Dubai Industrial City offers various licenses for different business activities. Here are some of the business licenses available at DIC:
- Trade License: This license allows companies to engage in the trading of goods and services. It is ideal for import, export, and distribution businesses within the free zone and beyond.
- Service License: This license is issued to companies providing services such as consulting, IT services, and other professional services. It permits businesses to offer their expertise and services within the free zone.
- Industrial License: This license is suitable for businesses involved in manufacturing, processing, and assembling products. It allows companies to establish manufacturing units and industrial operations within the free zone.
- Commercial License: This license permits companies to carry out commercial activities, including general trading and specialized trading. It is ideal for businesses looking to sell their products or services within the free zone and in the UAE market.
Business Activities Permitted in Dubai Industrial City Free Zone
DIC Free Zone allows various business activities that you can choose from. Here are some of the permitted business activities in Dubai Industrial City:
- Food and Beverages
- Transport Equipment
- Machinery
- Chemical Industry
- Mineral Products
- Metallurgy
- Healthcare
- Heavy Manufacturing
- Hardware
- Professional Services
- Consultancy Services
Types of Legal Entities Allowed at DIC Free Zone
Dubai Industrial City offers the following types of company formations:
- Branch Of A Local Or Foreign Registered Company: This entity allows a parent company, whether based in the UAE or abroad, to open a branch in DIC. The branch operates under the same name and legal structure as the parent company.
- Free Zone Limited Liability Company (FZ-LLC): An FZ-LLC is a separate legal entity established within the free zone. It can be owned by individual or corporate shareholders and offers limited liability protection.
- Subsidiary of a Company: A subsidiary is a company that is wholly or partially owned by another company. In DIC, subsidiaries can benefit from the free zone’s incentives and facilities while maintaining a degree of operational independence.
- Joint Venture: This entity is formed by two or more parties who agree to collaborate on a specific business project within DIC. Joint ventures combine resources and expertise to achieve common business objectives.
Types of Business Entities in Dubai Industrial City Free Zone
Dubai Industrial City Free Zone offers a comprehensive range of facilities designed to support industrial and manufacturing businesses. These include:
- Industrial Land: Plots of land available for the development of factories, warehouses, and other industrial facilities.
- Warehousing: State-of-the-art warehouses equipped with advanced storage and logistics solutions.
- Labor Accommodation: Quality housing options for workers, ensuring comfortable living conditions and proximity to workplaces.
- Commercial Space: Offices and showrooms tailored to meet the needs of businesses, providing an ideal environment for operations and client interactions.
- Logistics Hub: Comprehensive logistics solutions, including transportation, supply chain management, and distribution services.
How to Set Up a Company in Dubai Industrial City Free Zone (Steps)
Follow these steps to set up your business in Dubai Industrial City (DIC) Free Zone:
Choose Your Business Activity
Determine the main business activity you would like to undertake in the free zone and also choose the company structure you want.
Select a License Type and Choose a Trade Name
Choose the appropriate license based on your business activity. Select your trade name and register it with the free trade zone authority.
Submit Application
Complete and submit the business setup application form. Provide all necessary documents including passport copies, business plan, and other relevant paperwork.
Get Initial Approval and Register Your Company
Once you get the initial approval from the free zone authority, complete the business registration process.
Open Your Bank Account
Open a corporate bank account and deposit the minimum required capital according to your legal entity.
Lease Office Space
Sign the lease agreement for office space or industrial units. There are various facilities available in DIC.
Receive License
Once all formalities are completed, receive your business license and commence operations.
Apply for Visas
Apply for appropriate visas for shareholders and employees of the company. Solutions FZCO offers assistance with immigration facilities and work permits/ Iqama.
Start Your Business in DIC Free Zone With Solutions FZCO!
Ready to transform your business dreams into reality in Dubai Industrial City Free Zone? Contact us to get started today!
At Solutions FZCO, we specialize in facilitating the setup of businesses within DIC Free Zone. Our extensive local contacts and in-depth knowledge of the regulatory landscape enable us to expedite the business license and company formation process.
We provide end-to-end support, from initial consultation and documentation to obtaining necessary approvals and setting up your operations.
