Dubai Internet City (DIC) is indeed a real and well-established free zone development in Dubai, United Arab Emirates (UAE). It is part of TECOM Group, now known as Dubai Holding, and is one of the first and largest information technology (IT) business parks in the region.
Key features of Dubai Internet City:
Free Zone Status: DIC operates as a free zone, which means that companies established within its boundaries enjoy various benefits, such as 100% foreign ownership, tax exemptions, and simplified company setup procedures.
Focus on IT: DIC is primarily dedicated to supporting IT businesses and technology-related enterprises, providing them with a favorable ecosystem to grow and thrive.
Infrastructure: The development comprises a network of high-rise buildings equipped with modern amenities and infrastructure to cater to the needs of IT companies. These buildings offer a mix of commercial and residential spaces, creating a vibrant community of professionals.
Strategic Location: DIC's strategic location in Dubai places it in proximity to other key business districts and areas, making it an attractive location for companies looking to establish a presence in the region.
Business Support Services: The free zone provides various business support services, such as licensing assistance, visa processing, and access to networking events and industry-specific initiatives.
Community Events: DIC regularly organizes community events, seminars, and workshops to foster collaboration and knowledge-sharing among its residents and businesses.
Networking Opportunities: The presence of numerous IT companies, startups, and multinational corporations within DIC offers ample opportunities for networking and potential collaborations.
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