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 trade 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 of 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 to reality!
Facilities offered by DTECH
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
You get to avail 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
License Options in DTECH
There are various types of business licenses to choose from when it comes to setting up a startup or IT business at DTECH. The following are some business licenses you can choose from:
- Trading License
Under this type of licenses are some 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 Provider, 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.
Requirement for Business Setup
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 require 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 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 which 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.
Pro’s & Con’s of Company Formation in DTEC
With the endless options to choose from when picking a free zone, each free zone comes with its own pro’s and con’s.
Pro’s:
- It has been purpose built for startups and IT companies.
- All nationalities are welcome to be part of DTEC.
Con’s:
It may not be able to nurture other types of business oriented entities in a likewise manner. There are also limitation in the type of business activity you can facilitate through this free zone.
Start your dream business in the UAE at DTEC
We want to help you move from thoughts and into action. It is certain that tailored situations demand tailored approaches, this is where Airzone comes. When it comes to setting up your business in the UAE, there are 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 consultation today and start your much awaited dream business swiftly and smoothly, only with Airzone.
