Company Formation in DTEC – Dubai Technology Entrepreneur Centre
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10+ Dedicated Team
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1000+ Companies Formed (in UAE and worldwide)
Company Formation in DTEC - Dubai Technology Entrepreneur Centre
Dubai Technology Entrepreneur Centre (DTEC) is a business centre developed by Dubai Silicon Oasis Authority for accommodating and supporting technology companies and young entrepreneurs who need Company formation in Dubai Silicon Oasis. DTEC is a Free Zone dedicated only to IT related licenses.
With over 3,600 square meter of space it is the largest entrepreneur center in the Middle East housing space for over 1,000 innovative and technology driven minds. The main mission of DTEC is to attract and support inspiring tech ideas within a creative environment that encourages the success and growth to the entrepreneur.
DTEC is designed as a high-tech ecosystem which offers businesses a plethora of advantages including a state-of-the-art infrastructure, in-house business services and strong business support such as technology investment incentives for large enterprises, entrepreneurial support, incubation centre and venture capital funding.
Key Benefits of Company Formation in Dubai Technology Entrepreneur Centre (DTEC)
- 100% foreign ownership,
- 100% repatriation of capital,
- 100% exemption from personal income tax, service tax, import and export tax,
- No currency restrictions,
- Low cost of operations,
- Access to regional pool of talented and engineering professionals,
- Access to consumer markets of 5 billion people across MENA and Indian Subcontinent.
Characteristics of DTEC Company Setup
DTEC Building, Dubai Silicon Oasis, Dubai, (U.A.E.)
As per this link – Dtec_Accepted-Activities-List-with-Description.pdf
Service and Trading license are the options for DTEC Company Setup
FZE (single shareholder), FZCO (2-10 shareholders) & Branch office
Can be Individuals or Corporate entity
Individuals only (Minimum one. Shareholder can also be Director)
AED 10,000/- (10 shares of AED 1,000/- each) in case of FZE/FZCO & AED Nil/- in case of Branch office. (Required to be deposited in bank before or after incorporation).
Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.
Annual audit report to be filed in DTEC (licensing authority) by FZE & FZCO. Not required for Branch.
3 to 4 weeks to obtain trade license of the company and register a company in DTEC
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.
Documents Required for DTEC Company Registration
The documents required for business set up in DTEC depends on whether a shareholder is individual or corporate entity. Basic requirements are
- Color passport copy,
- Color UAE residence visa & emirates id copy,
- Business plan,
- CV/Resume,
- NOC from existing sponsor,
Setup Process of DTEC Company
- Identify the legal form of company to be registered in Dubai Technology Entrepreneur Centre,
- Select activity from DTEC activity list,
- Apply for name and initial approval,
- Payment of fees related to DTEC business set up,
- Sign DTEC company registration and incorporation documents,
- Apply for DTEC residence visa for manager.
To know more about the complete requirements for company formation in DTEC Free Zone call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com
Company Formation Cost in DTEC – Dubai Technology Entrepreneur Centre
DTEC Company Setup begins from AED 18,500/-
Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DTEC Free Zone.
Important Note
- Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
- Company Immigration/Establishment card to be renewed every year
- Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-
How GBS Helps
Global Business Services FZCO has helped many individuals and corporate entities to set up their businesses in DTEC Free Zone. Our company acts as a one stop solution for DTEC company incorporation services.
If you are looking for DTEC company setup, please get in touch with us for professional assistance
Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DTEC Free Zone.
Why Choose GBS for Company Formation Services in UAE?
Understanding Clients’ Needs
As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.
Flexible Pricing & Cost Transparency
For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers
Years of Expertise
Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.
Work Track Record
As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.
We Work With Government Bodies
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Client words
Hear what our satisfied clients have to say about their successful journeys with us.
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1000+
Companies formed
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I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
