The Dubai Digital Park ( Dtec) is the first and largest technology hub in the Middle East and Northern Africa (MENA) region. Situated at the Dubai Silicon Oasis freezone, Dtec offers a unique community designed to empower tech startups and SMEs in Dubai, UAE, and it is the home of some of the best technology companies in the UAE and beyond.
This article explores the benefits of starting a tech company in Dtec, outlines the steps involved in the incorporation process, and sheds light on the associated costs and documentation requirements.
Benefits of Starting a Technology Company in Dubai Digital Park
Dtec provides a unique and thriving platform for startups, investors, and corporates with everything they need to set up a new business in Dubai.
Here are some of the key benefits of starting your tech company in Dtec:
- A vibrant community of tech startups and established companies.
- World-class infrastructure and connectivity.
- Streamlined and Hassle-free Business Setup process.
- 0% corporate and personal income tax rates.
- 100% Business ownership for foreigners
- Access to venture capital funding and other financial resources.
- State-of-the-art office and co-working space facilities with high-speed internet connectivity.
- A vibrant community with cafes, restaurants, and leisure facilities.
How to start a tech company in Dtec
The process of starting a tech company in Dtec is relatively straightforward and can be done remotely with the assistance of a knowledgeable business setup advisor in Dubai.
Below is a simplified guide:
- Choose your tech business activity and company structure
- Select a unique name for your company
- Apply for a business license from relevant authorities such as the Department of Economy and Tourism (DET)
- Obtain initial approvals from relevant authorities
- Pay the license fee and claim your business license in Dubai Digital Park
- Choose an office space or flexi desk in Dtec
- Apply for visas and open a business bank account in Dubai, UAE.
Cost of Starting a Business at Dtec?
The cost of starting a business at Dtec varies depending on several factors, including the size of your workspace, the type of business license you require, and the number of visas you need. However, Dtec offers competitive pricing and flexible packages to cater to startups and businesses of all sizes.
Contact our Experts in CBS
Looking to setup a business in Dubai and the UAE? Our experts here at Corporate Business Services (CBS) can help. We offer a complete suite of business setup and consultancy services in Dubai, UAE, ranging from:
- Business setup and licensing
- Accounting and VAT services
- Visa application services
- PRO Services
- Office space in Dubai
- Business compliance services
You can book a free and personalized consultation with our experts now to get started.
