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Dubai Industrial City (DIC)

Dubai Industrial City (DIC)

The Dubai Industrial City is the administrative area in the Emirate, with special economic status. The opening ceremony of the specialized industrial area took place at the beginning of 2004, and the main goal of the project is the development of the industrial sector not only in the UAE but throughout the Middle East. More than several hundred of international companies and dozens of factories which are involved in various industrial sectors are already registered on the territory of the DIC economic area.

The Dubai Industrial City UAE was designed to provide the industrial sector of the economy with the necessary infrastructure for carrying on the economic activity in any industrial sector. Unlimited storage facilities and office premises, equipped with the most modern means of communication and other facilities – all this is designed to provide convenience for the establishment of the international industrial business.

The convenient strategic location of the economic zone close to the business center of the Dubai megalopolis, in its turn,allows business to use the perfect urban infrastructure to the maximum. Such well-known city districts as Techno Park and Dubai World Central are located near the Industrial City.

Undoubtedly, the DIC free trade economic trade zone UAE is the perfect place for implementation of the most ambitious international business projects and expansion of the market for large international corporations and holding formations.

DIC: strategic location and features

The DIC free trade economic trade zone is located on the territories, adjacent to the international shipping port of Jebel Ali. Such a strategically convenient location provides jurisdiction with popularity among the foreign investors and afflux of investment assets. It should be noted that the Jebel Ali navigable harbor in the UAE is the largest transport hub in the region which has a wide fame and all international certificates of quality of services provided.

All the companies, factories and enterprises which are registered in the DIC economic zone, use the opportunities and advantages available for businesses in the free economic zones of the UAE.

The DIC economic zone UAE is designed to perform the following business activities:

  • production and related logistics;
  • social infrastructure (supporting services);
  • processing of minerals and metals;
  • activities in the field of equipment and transport;
  • service of professional equipment;

Benefits of DIC Free Trade Zone for business

Among the main opportunities and advantages of the companies which are registered on the territory of the free trade economic area, the following can be singled out:

  • no customs duties on the import of machinery, industrial raw materials and professional equipment;
  • a zero rate of corporate taxation;
  • legal protection of investment of financial assets and the possibility of repatriation;
  • preferential access to the markets in the Arab states of the Persian Gulf (Gulf States);
  • the opportunity of free trade in the territory of the Emirates.

Services for business

The most modern infrastructure that meets the highest international standards and requirements is available to potential investors and entrepreneurs. The total area of the free zone in more than 90 square kilometers. The foreign businessmen can count on the most simplified registration procedure in the UAE and useful legal support.

The issuing of all types of documentation, including visas and obtaining of state licenses is carried on the principle of "one window", which minimizes all bureaucratic barriers and government runaround. A support service,that can advise entrepreneurs on all the matters regarding visa and license registration in this and others FTZ,is available in our company.

Investors and entrepreneurs are offered the following services:

  • land lots for building the industrial complexes and other infrastructure (long term lease from 50 to 99 years);
  • exhibition halls and various storage facilities, both of opened and closed type;
  • office premises, divided into four separate blocks;
  • blocks and residential districts for the personnel and company staff;
  • storage facilities of various volumes and areas.

UAE business licenses

The UAE provides the following business licenses for carrying on business and commercial activity on the territory of the DIC free trade zone:

  • industrial production;
  • transportation and logistics;
  • social services (foodstuff, drinks, etc.);
  • professional and special equipment;
  • transportation;
  • infrastructure;
  • production and work with various chemicals.

Registration of companies: legal forms

The current UAE corporate law allows the registration of the following legal forms:

  • industrial companies;
  • non-industrial companies;
  • representative offices, branches of foreign and local companies.

The procedure of company registration in the territory of the DIC free trade economic area directly depend on the type of the company, various necessary agreements, and also on premises which are necessary to start and carry on the business.