Dubai Technology Entrepreneur Center (DTEC) Free Zone has been specifically established to support and grow innovative ideas. Startups and IT entities are known for choosing this free Zone area for UAE business setup purposes, scaling, and growth. It is an initiative by Dubai Silicon Oasis Authority.
DTEC in a Nutshell
DTEC is very dedicated to encouraging and scaling startup owners to be successful in their innovative niche. IT companies are also provided the platform at DTEC to outperform and grab as many opportunities as possible. It is also known to be the region’s largest entrepreneur campus.
As DTEC has conveyed itself to be a startup entity supporter, it even offers what a typical startup would need:
- 10,000 sqm creatively designed workspace
- A well-connected ecosystem
- Global melting diversity of many startups, SMEs, and technology entrepreneurs
- Accelerator initiatives
- Funding opportunities
- Networking platforms
DTEC VENTURES
Dubai is home to some of the most innovative companies in all aspects of technology, and DTEC Ventures aims at investing early-stage funds into these startups. The goal? To help entrepreneurs turn their ideas into reality!
Facilities Offered by DTEC Free zone
Being established to support and grow the startup community, DTEC has provided various facilities in all types of forms. For operational purposes, DTEC offers the following:
Flexi Desk
With Flexi Desk, you get to avail yourself of a workspace in any of our common areas.
Assigned Desk
You get to have a designated area in a sharing space with a locker.
Physical office
Furnished and unfurnished options are available starting from 12 sqm and upto 50 sqm.
Coffee & tea are on the house. High speed WiFi is also offered. Meeting rooms and common areas are also designated.
Apart from co-working facilities, there are recreational and educational facilities too:
- Online community platform
- Mentors
- Software House
DTEC Free Zone License Options
There are various types of business licenses to choose from when it comes to setting up a startup or IT business at DTEC. The following are some business licenses you can choose from:
Trading License
Under a trading license you can have these activities: Commercial Brokers, Computer Systems & Communication Equipment Software Trading, and Household, Professional & Personal Goods E-Trading.
Services
Under this category the following activities are permissible: Accounting & Bookkeeping, Billing Services providers, Blogging Services, Cloud Service & Datacenters Providers, Computer Graphic Design Services, Computer Repairing & Maintenance, Computer Systems Housing Services, Computer Systems & Communication Equipment Software Design, Computer Systems Consultancies, Conferences & Seminars Organizing, Cyber Risk Management Services, Cyber Security Architecture, Cyber Security Consultancy, Data Classification & Analysis Services, Data Entry Services, Design & Artwork Services, Design Services, and Education & Training Computer Software.
Required Documents for Business Setup in DTEC
Basic documents to start your dream business at DTEC include the following:
- Passport copy
- Passport size photo
- Bank reference or statement
- CV
- Business plan
*Note: that the above mentioned are basic requirements. Case to case variations depending on the type of business activity and business license requires tailored documents. To know exactly which documents you may need to submit, contact us.
The steps to formation are as follows
- Submit your application with the required documents
- Activity and name approval process
- Official company registration
- Clear dues and payments
- Collect final registration certificate, license, and lease agreement
Impressed with the types of licenses and the chance to sow the seeds of success?
Great, to know more about what you need to start off your business at DTEC fill out your preferences at Airzone Explorer.
DTEC Fees
The costs associated with starting a startup or business at DTEC depend on the type of business license you choose to acquire along with how many UAE Resident visas you need. Here are some basic costs that are subject to change but can give an estimation:
- Flexi-desk 18,0500 AED
- Designated desk 24,200 AED
- Permanent office 47,820 AED
*Note: these are basic costs that are subject to change without notice. Also, costs are not limited to the above mentioned. To know more about various types of fees and costs that may be incurred, contact us.
Pros & Cons of Company Formation in DTEC
With the endless options to choose from when picking a free zone, each free zone comes with its own pros and cons.
Pros
- It has been purpose built for startups and IT companies.
- All nationalities are welcome to be part of DTEC.
Cons
It may not be able to nurture other types of business oriented entities in a likewise manner. There are also limitations in the type of business activity you can facilitate through this free zone.
Check out Other Free Zones to Set up your Business
- SHAMS Free Zone
- JLT Free Zone
- HFZ Hamriyah Free Zone
- Ajman Free Zone
- UAQ Free Zone
- SAIF Zone
- Dubai Silicon Oasis Free Zone
- RAKEZ Free Zone
- Masdar Free Zone
- KIZAD Free Zone
- JAFZA Free Zone
- IFZA Free Zone
- Dubai South Free Zone
- DMCC Free Zone
- Dubai Airport Free Zone
Conclusion
We want to help you move from thoughts to action. It is certain that tailored situations demand tailored approaches, this is where Airzone comes from. When it comes to setting up your business in the UAE, there is a list of documents and fees that may come as a surprise to you. We take away the surprises. All you need to do is submit the needed documents, we handle the rest.
Book your free zone today and start your much awaited dream business swiftly and smoothly, only with Airzone.