- March 12, 2019
- Posted by: MSZ Consultant
- Category: Business Setup
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Business Setup in Dubai Industrial City
Dubai Industrial City was established in 2004 with the aim to grow and also expand the industrial sector in Dubai, UAE. The Dubai Industrial City (DIC) also known as Dubai Industrial Park, DIC is an ideal hub for investors who are targeting global markets. In order to provide best opportunities to the most important manufacturing sectors, the DIC is divided into 6 main zones
- Food and Beverage Zone
- Transport Equipment and Parts Zone
- Machinery and Equipment Zone
- Mineral Products Zone
- Base Metal Zone
- Chemicals Zone
Following are types of legal entities in DIC
- Free Zone Limited Liability Company (FZ-LLC),
- Branch of local/foreign company,
- Subsidiary and also JV.
Following are the types of License available in DIC
- Trading license,
- Service license,
- Commercial license,
- Industrial license.
Following are the benefits of Business setup in DIC
- 100% foreign ownership
- 100% repatriation of capital and profits
- No personal income taxes and also no corporate taxes
- Easy access to Jebel Ali Port and Al Maktoum International Airport
- No currency restriction
If you are looking for setting up a business in Dubai Industrial City then contact us: +971589827842 or Email us: info@mszconsultancy.com