Located in the proximity of the Jebel Ali International Airport, Dubai Industrial City (DIC) was launched in 2004 and it spans on a 55 square kilometers area. It was created in order to support the Emirates’ economic growth based on another industry than the oil industry. Dubai Industrial City hosts more than 500 companies employing over 10,000 individuals at the moment. The UAE Government plans to transform Dubai Industrial City into the largest manufacturing and logistical destination in the Middle East for foreign investors. In order to achieve its purpose, the DIC Authority provides an excellent infrastructure and competitive services for company incorporation.
Dubai Industrial City is not a free zone and that is why it falls under the regulations of the Companies Act of 1984. The Dubai Companies Law stipulates that all companies incorporated in the Industrial City must have at least one UAE partner holding at least 51% of the company’s share capital. However, the foreign partner may be the manager of the Dubai company. Other legislations applicable in the Dubai Industrial City are:
Our company incorporation agents in Dubai may provide with all the information about the applicable laws in the DIC.
In order to set up a company in the Dubai Industrial City, investors must first obtain the approval of the Licensing Section within the Department of Economic Development. The first step will be to reserve a company name with the Department of Economic Development. The second step is to obtain a trade license with the Dubai Chamber of Commerce and Industry. In order for doing that and obtain also the registration certificate, the following documents must be submitted with the Dubai Trade Register:
For assistance with the company registration procedure, please contact our agents in Dubai.