Dubai Science City is located in the southeast of Dubai, with a superior geographical location and convenient transportation. It is close to major highways and major business districts in the UAE. Its modern infrastructure provides a first-class office and R&D environment for settled companies. Since its establishment, Dubai Science City has been committed to attracting global technology innovation companies and talents to promote the development of Dubai's digital economy and technological innovation. By continuously optimizing the business environment and providing a full range of service support, Dubai Science City has attracted many well-known companies and start-ups to settle in, forming a good technological innovation ecosystem.
Name: Dubai Technology City (DTC)
Location: In downtown Dubai, close to Dubai International Airport and Dubai Media City and other commercial areas
Goal: To become a global leading center for technological innovation and digital economy
Since its establishment, Dubai Science City has been committed to attracting global technology innovation companies and talents to promote Dubai's digital economy and technological innovation. By continuously optimizing the business environment and providing a full range of service support, Dubai Science City has attracted many well-known companies and start-ups to settle in, forming a good technological innovation ecosystem.
Incubation of innovative enterprises: Provide incubator and accelerator services for start-ups to help them grow rapidly and expand the market.
Technology R&D and application: Support enterprises to carry out technology R&D and application in the fields of artificial intelligence, big data, cloud computing, etc., and promote the industrialization of scientific and technological innovation results.
Talent training and introduction: Cooperate with well-known domestic and foreign universities and training institutions to cultivate scientific and technological innovation talents, and introduce international talents to provide intellectual support for Dubai's scientific and technological development.
International cooperation and exchange: Actively participate in international scientific and technological cooperation and exchange activities, and promote interaction and cooperation between Dubai and international science and technology innovation centers.
Perfect infrastructure: Dubai Science City has advanced infrastructure and convenient transportation network, providing enterprises with efficient and comfortable working and living environment.
Preferential tax policies: Provide preferential tax policies for settled enterprises, reduce enterprise operating costs and improve competitiveness.
Flexible legal environment: Dubai Science City has a flexible legal environment, providing enterprises with convenient and efficient registration and operation services.
Rich innovation resources: It brings together many scientific and technological innovation enterprises and talents, forming rich innovation resources, and providing enterprises with a platform for cooperation and communication.
(1) Submit company name application and approval:
Choose a company name that complies with the naming rules of Dubai Science City and submit it to the relevant department for approval. The name should avoid duplication with existing company names and should not contain some banned words.
(2) Prepare registration materials:
After obtaining the name approval, you need to prepare relevant registration materials, including identification documents of shareholders and directors, proof of address, description of business scope, company articles, etc. Make sure all materials meet local requirements.
(3) Submit registration application and obtain business license:
After all registration materials are prepared, you can submit the registration application through the business registration platform of Dubai Science City. After the registration application is approved, you will receive a business license, marking the official establishment of the company.
(4) Open a company bank account:
After registration is completed, you need to open a company account in a local bank. The documents required for bank account opening include business license, identification documents of shareholders and directors, company articles, etc.
(5) Apply for other necessary licenses:
Depending on the company's business type and industry requirements, you may need to apply for other necessary licenses and permits to ensure the legality and compliance of the business.
Dubai Science City will continue to promote technological innovation and digital economic development, strengthen cooperation and exchanges with global technological innovation centers, and attract more outstanding companies and talents to settle in. At the same time, Dubai Science City will continue to optimize the business environment and improve service quality to provide companies with more convenient and efficient service support. In the future, Dubai Science City is expected to become one of the world's leading technological innovation and digital economy centers, injecting new impetus into Dubai's economic development.
This is related to the translator's skill level. In the translation industry, translators are graded, and different grades naturally have different rates. Additionally, factors like service type (e.g., interpretation, document translation), project urgency, and language rarity also affect pricing.
Enterprises conducting commercial activities in Dubai and reaching a certain revenue threshold need to register for taxation. Generally, enterprises with an annual taxable supply value exceeding 375,000 dirhams must register for Value Added Tax (VAT). For some businesses engaged in specific activities, such as importing goods or providing taxable services, even if their revenue does not meet the above standard, they may still need to register for taxation. Additionally, foreign enterprises with permanent establishments in Dubai conducting taxable business activities also need to register for taxation.
Companies registered in free trade zones usually enjoy tax exemptions and do not need to pay corporate income tax, nor are they subject to business tax or value-added tax. However, if business activities extend beyond the scope of the free trade zone, some taxes may need to be paid.
To process the notarization and authentication of DIBI company's business license, the following documents are usually required:
1. Copy of the business license: A copy of the latest version of the business license must be provided.
2. Company bylaws: Depending on the requirements of the target country, the company bylaws may need to be provided.
3. Proof of identity of the legal representative: Such as a scanned copy of a passport, etc.
5. Notes: Documents must be authentic and accurate, and translations must be issued by a professional institution.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.