Company Formation in Dubai Industrial City (DIC)
Dubai Industrial City (DIC) is a major industrial area in Dubai that supports the growth of various sectors like manufacturing, logistics, and trade. Established in 2004, DIC was created to help diversify Dubai's economy. It is managed by the Dubai Investments Park Authority, which ensures high standards for businesses operating there. DIC has won several awards for its commitment to sustainability and creating a business-friendly environment. Covering over 560 million square feet, it offers modern infrastructure, including industrial plots, warehouses, and office spaces, suitable for businesses of all sizes.
DIC is strategically located near major transport routes, including highways, ports, and airports, making it easy for companies to access local and international markets. Dubai Industrial City is conveniently connected to two key highways, Emirates Road and Mohammad Bin Zayed Road. The area accommodates a variety of industries, such as food and beverage, electronics, textiles, and automotive manufacturing, creating a vibrant business community. With advanced facilities and a focus on sustainability, DIC is an attractive choice for businesses looking to establish a presence in the UAE and contribute to the region's economic growth
Benefits of Business Setup in Dubai Industrial City (DIC)
- Prime Location and Easy Access: DIC is conveniently situated near major transport routes, including highways, ports, and airports, ensuring easy access to local and international markets.
- Modern Infrastructure and Facilities: Dubai Industrial City features advanced infrastructure with industrial plots, warehouses, and office spaces designed for various industries, equipped with modern utilities.
- Tax Advantages and Financial Incentives: Companies in DIC benefit from significant tax advantages, including exemptions from corporate taxes and customs duties, which lower operational costs.
- Supportive Business Environment and Regulations: DIC offers a favorable environment with clear regulations, making the setup process straightforward. The Dubai Investments Park Authority provides guidance and resources for compliance.
- Integrated Living and Working Environment: DIC offers a vibrant community where individuals can live and work nearby, promoting a balanced lifestyle and fostering a strong sense of community.
Facilities and Core Sectors of DIC
Dubai Industrial City (DIC) provides a range of facilities to support diverse business operations. each facility is designed to enhance productivity and streamline operations in a dynamic business environment. Here’s a closer look at what DIC has to offer:
- Industrial Land: Industrial land is available for long-term lease, with complete infrastructure and power access. It is suitable for industrial and residential use, offering easy access to major highways, seaports, and airports.
- Open Yard: The open yard is a large, fully fenced facility with secure monitoring and perimeter lighting. It offers storage for construction materials, equipment, vehicles, and more.
- Storage Facilities: DIC offers advanced storage warehouses for smooth inventory management and streamlined distribution needs.
- Ready and Customizable Office Options: Choose between fully equipped offices ready for immediate use or customizable spaces to match your business's unique layout requirements.
- Worker Housing and Amenities: Purpose-built accommodations provide safe, comfortable housing for workers, complete with essential amenities for a better quality of life.
- Business Office Spaces: DIC provides a range of modern office spaces in a professional setting, meeting the diverse needs of growing and established companies.
Dubai Industrial City (DIC) is organised into key zones focused on sectors such as food and beverage, base metals, transport equipment and parts, machinery, workshops, logistics, chemicals, and mineral products. The environment is especially suited for industries in transportation, freight, logistics, and food and beverage, offering facilities and infrastructure that support diverse business needs. This setup provides an environment that supports growth and collaboration within each industry.
Types of Licenses Available in DIC
Industrial License
This license is for companies involved in manufacturing or production. It allows businesses to assemble, process, or package goods within DIC and supports industries like machinery, metals, and chemicals.
Commercial License
A commercial license permits businesses to conduct general trading and commercial activities, such as buying, selling, and distributing goods. It’s suitable for a broad range of businesses, including retail and wholesale trade.
Trading License
This license covers businesses specifically focused on importing and exporting goods. It allows companies to trade products within the UAE and internationally, making it ideal for logistics and distribution companies
Services License
A services license is for businesses offering professional services, including consultancy, maintenance, and other specialized support services. It’s well-suited for companies providing essential industry services, like engineering or maintenance.
Each license type is tailored to meet the specific operational needs of businesses within DIC.
Business Setup Structure in DIC
Setting up a business in Dubai Industrial City (DIC) involves several key steps to ensure compliance and efficiency. Below are the essential components of the business setup process:
- Professional Consultation: Initial expert guidance that helps businesses understand the DIC environment, licensing options, and specific requirements for setting up. This consultation provides essential insights for the setup process.
- Business Assessment & Strategy: A review of the business model and strategic planning to align business goals with regulations and opportunities within DIC.
- Business Permit: Applying for the required business permits that authorize the company to operate legally in DIC, with specific permits based on business type and activity.
- Establish Bank Account: Setting up a business bank account with a UAE financial institution to handle corporate finances and transactions within the region.
- Visa Acquisition: Securing UAE residency visas for company employees, enabling legal residence and work authorization within DIC.
- Choose and Lease Commercial Space: Selecting and leasing a suitable office, warehouse, or commercial facility to accommodate business operations.
- Obtain Business License: Acquiring the necessary business license based on the company’s activities, allows it to conduct operations legally within DIC.
- Open a Corporate Bank Account: Finalizing a corporate bank account for financial transactions for efficient management of day-to-day operations.
- Complete UAE Residency Visas: Completing the residency process for employees, enables them to work and reside legally in the UAE, providing access to essential services.
Community Services
Dubai Industrial City community has a rich mix of cultures. It encourages teamwork and collaboration among its members. Everyone is focused on making the workplace safe. Together, they work to maintain a healthy environment for all. This supportive atmosphere fosters creativity and innovation.
- Industry Gatherings: A range of industry-specific events designed to help you grow your network, enhance your knowledge, and provide a platform to promote your business.
- Retail Options: This includes supermarkets, shopping centers, barbershops, laundries, restaurants, and banking services.
- Fitness: A range of indoor and outdoor sports facilities that promote an active and healthy lifestyle for community residents.
- Health Services: The community offers convenient access to health and wellness facilities, including private health centers and clinics.
- Event Spaces: Various well-equipped venues are located in central areas, ideal for hosting different events.
Key Advantages of Dubai Industrial City (DIC)
- Dubai Industrial City is accessible by public bus, taxi, and ride-hailing services.
- Businesses can operate with 100% foreign ownership.
- The strategic location near Al Maktoum Airport and Jebel Ali Port offers easy access to global markets by land, sea, and air.
- Companies benefit from the complete repatriation of profits and capital.
- There are no corporate taxes or income taxes.
- The incorporation procedure is flexible and straightforward.
- The area features modern infrastructure to support diverse business needs.
Choosing Reyson Badger’s Expertise
Dubai Industrial City (DIC) is a prime location for companies looking to establish a base in the UAE, especially within the manufacturing, logistics, and trade sectors. Starting a business in Dubai Industrial City can be challenging due to strict regulations, permit requirements, and industry standards. Reyson Badger makes this process easy by guiding clients through regulations, speeding up permit approvals, and offering tailored solutions. This support helps businesses set up smoothly and succeed in DIC. With Reyson Badger's expertise, Company Formation Services in UAE, particularly in Dubai Industrial City, becomes a seamless and hassle-free experience
