 Dubai Internet City
The Government of Dubai created an information technology which is a free economic zone that targets companies and their emerging markets, the Dubai Internet City (DIC). It is sited next to other industries in Dubai such as the Dubai Media City and Dubai Knowledge Village. DIC was started last October of year 2000 to provide cost-effective platform for ICT companies preferably the emerging markets with other states or region as well as to other countries outside of Dubai for faster, easy and hassle-free transactions with the sectors from different companies. Sectors such as sales and advertising, business services, ecommerce, consultancy and software development. |
In DIC, business firms and other companies can work without any limitations. Taxation wherein one hundred (100%) tax exemption can be benefited, custom-related benefits and a number of ownership for themselves that offers almost a hundred (100%) ownership of businesses are only a few of the services of which they can avail from DIC. For business firms, DIC allows them to interact with the police, immigration, and even with the postal authorities and with other different government units. Furthermore, in making certain that a fast access to talents and resources can be made, DIC can aid in getting hold of and validating very especially important documents and a quick process from the immigration when custom clearances are to be obtain.
DIC presently has a wide range of companies availing of their services. To mention a few who are a part of the ICT companies which includes global firms such as the Microsoft, Cisco systems, IBM, Sun Microsystems, HP, Nokia, Sony Ericsson, and Siemens, PeopleSoft, Oracle Corporation, and Computer Associates as well as the i-mate, Acette and many others which are based from the United Arab Emirates (UAE) companies . Moreover, also a part of the DIC Community is small and medium businesses and other business enterprises. |