The Dubai Industrial City is a region of Dubai focused on the industrial sector and aimed, since its foundation, to the economic development of Dubai in other areas than the oil domain. When intending to set up a company in Dubai Industrial City, it is advisable to rely on local lawyers counseling services.
General aspects of company formation in Dubai Industrial City
The Dubai Industrial City (DIC) is very conveniently positioned and thus a popular destination for the opening of an enterprise. It functions as an industrial hub both locally and regionally. The zone consists mainly of warehouses and industrial facilities, but hosts as well as conservation areas, infrastructure and housing.
From the point of view of taxation rules, the personal or corporate incomes are not subject to any tax and the federal law provides full repatriation of capital.
In order to apply for approvals or licenses, you might need to address to official institutions such as the Ministry of Economy, the Dubai Municipality or the Department of Economic Development. Please rely on our law firm in Dubai who can support you in all legal procedures that you must go through when you create a company in Dubai Industrial City.
Advantages of forming a company in Dubai Industrial City
The localization of the Dubai Industrial City, in the vicinity of the Jebel Ali Airport, implies very good logistics, thus transportation time and costs being significantly reduced. Moreover, thanks to its location, the zone offers very convenient connections to global markets also by sea and by road.
The DIC is encouraging the investment in the manufacturing sector, such as foods and beverages, metals, logistics and mineral products. If you intend to set up a company in DIC, in one of these fields, you are welcomed to discuss the legal details with our Dubai lawyers who will assist you in the formation of your company.
The workers in Dubai are highly qualified professionals, so in DIC your projects have a great chance to be implemented quickly and efficiently.
The industrial complex is offering the environment for the optimal functioning of any company and enough facilities for future expansion of the enterprise.
Don’t hesitate to contact our local attorneys for an efficient legal collaboration. Our law firm in Dubai will provide all needed documentation so that you may efficiently set up a company in Dubai Industrial City.