Advantages
- Largest tech hub in MENA — 4,000+ tech companies including Fortune 500 firms
- Unrivalled tech ecosystem, networking, and talent pool
- 25-year track record as the region’s most recognised technology address
- Part of TECOM Group which manages 10 interconnected business districts
- Strong support infrastructure: Dubai Future Accelerators, in5 Innovation Centre
Disadvantages
- – Physical office lease mandatory — no purely virtual setup
- – Setup costs higher than newer free zones (IFZA, Meydan) for equivalent visa quotas
- – Focused purely on tech-related activities — non-tech businesses not permitted
Setting Up a Company
Moderate (3/5)
TECOM Group manages the process well but the physical office requirement adds complexity. Typical turnaround 5–10 business days.
Opening a Bank Account
Easy (4/5)
DIC’s prestige helps with bank applications. Most major banks accept DIC entities, though non-tech activity descriptions can cause delays with compliance teams.
Frequently Asked Questions
How much does it cost to set up a company in DIC?
Licence AED 15,000–25,000/yr; total setup AED 50,000–90,000 including hot-desk or office.
What business sectors are supported by DIC?
Dubai Internet City supports the following sectors: Technology, E-commerce, Consulting. Businesses in these industries can obtain a licence and operate within the free zone.
Is it easy to open a bank account with a DIC licence?
DIC’s prestige helps with bank applications. Most major banks accept DIC entities, though non-tech activity descriptions can cause delays with compliance teams.
Does DIC require a physical office?
Yes, a physical office is required. Hot-desk (flexi) available at minimum. Small office from ~AED 30,000/yr.
How many visas can I get through DIC?
Visa quota at Dubai Internet City: Based on office size (1 visa per 9 sq m); hot-desk allows 1 visa.