About Dubai Technology Entrepreneur Centre (DTEC):
An initiative of Dubai Silicon Oasis Authority, Dtec is designed to conveniently support entrepreneurs looking to set up a new business in Dubai. With benefits such as 100% ownership, visa processing, 24/7 access, high-speed Wi-Fi, and a range of creative meeting and event spaces, it provides everything needed for a smooth startup journey. This makes it an ideal destination for those considering company formation in DTEC.
For technology startups and entrepreneurs seeking flexible coworking or office space in Dubai, Dtec offers a nurturing and supportive community to build and grow their businesses. As the largest technology innovation hub in the MENA region, its 10,000 sqm creatively designed workspace hosts an integrated ecosystem, home to hundreds of startups, SMEs, and tech entrepreneurs from around the world.
Advantages of DTEC:
- 100% Foreign ownership,
- 100% repatriation of capital,
- 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
- No currency restriction,
- 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:
- Activities Permitted – Computer Graphic Design Services, Software House, Electronic Chips Programming, IT Infrastructure, Web-Design, Public Networking Services, Internet Content Provider, Portal Building And Portal and many more
- License Provided – Service License
- Type of Companies – FZE (single shareholder), FZC (2-10 shareholders) and Branch office
- Share Capital – AED 10,000/- (Minimum)
- Estimated Time – 3 to 4 weeks
Basic documents required for DTEC Company Registration:
- Passport and Visa page/ entry stamp in UAE of shareholder/director/manager
- Emirates id copy of shareholder/director/manager
- CV/Profile of shareholder/director/manager
- Business Plan
- NOC from existing sponsor for shareholder/director/manager
Company Formation Estimated Cost:
DTEC company setup begins from AED 22,000/- subject to fulfillment of DTEC requirements.
Global Business Services FZCO is a professional firm of company setup consultants UAE, offering advisory, commercial, accounting, company formation, and administration services across tax-efficient jurisdictions worldwide. As experienced company formation consultants in Dubai, our team has developed a strong understanding of diverse corporate requirements since inception, helping clients with seamless Company Formation in Dubai and across the UAE.
We are known for delivering high-quality company setup guidance without increasing costs, along with a free consultation to answer all your questions about starting a business in the UAE. Contact us today or call us at +971 4 4471804, or email us at info@gbsei.com to get started.
Whilst every effort has been made to ensure that the details contained herein are accurate and up to date, this content is for general guidance only and should not be considered legal, tax, or professional advice. We do not accept any responsibility for any errors or omissions. We recommend consulting a qualified advisor before proceeding with incorporation.
