Doing Business in UAE - Morison Menon

Facilities Offered
Rental Per Annum
Lease Period
Possible Legal
Entities
Capital-cash
physical
No. of Shareholders
Formation Fee
Types of licenses
issued
License fee
Business Segments
Visas
Company formation
period
Other Info
Dubai Internet City (DIC)
DUBAI [Member INTERNET of Dubai CITY Holdings]
(DIC) [Member of Dubai Holdings]
Location
Established
Distance
Size of the Zone
Regulated by
Office Units
Minimum space available is 700 sq. feet
(No space restriction)
US $ 32.75 (AED 120)/ per sq. foot
One year, annually renewable
Branch of a Foreign
Company
(Parent company
should be in
existence for
minimum 2 years)
None
-
US $ 955
(AED 3,500)
Dubai-U.A.E
January 2000
25 Kms from Dubai International Airport
4,000,000 sq. meters
Dubai Technology and Media Free Zone Authority
Branch of a UAE
Company including
Entities established
in other UAE Free
Zones
None
-
US $ 955
(AED 3,500)
According to the DIC Segments
US $ 4,091 (AED 15,000)
FZ LLC
(Single
Shareholding)
Value per share is
US $ 273
(AED1,000)
*US$ 13,635
(AED 50,000)
One
US $ 955
(AED 3,500)
Plot of land
(Different Sizes)
Subject to Mgt decision
Up to fifty Years
FZ LLC
(Multiple
Shareholding)
Value per share is
US $ 273
(AED 1,000)
*US$ 13,635
(AED 50,000)
No Restriction
US $ 955
(AED 3,500)
Web Based, Back Office, Consultancy, IT Support, Software Development, Business
Services.
Depends on the size of the office space leased.
30 days
*Capital amount shown above is only the minimum indicative figure and can vary
according to project outlay.
First Step at DIC enables new investors to explore the business opportunities by leasing
office space for a short-term period. This helps the companies to test the viability of the
plan before setting up a full-fledged operation unit. However, short term lease in First Step
does not qualify the company for a Trade Licence.
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