What is Dubai Industrial City (DIC)?
Dubai Industrial City is the dedicated industrial park in Dubai, United Arab Emirates founded in the year 2004, covering an area of 560 million Sq ft. Led by industry experts committed to driving the region’s economic growth, Dubai Industrial City builds a progressive ecosystem that serves the increasing demands of the manufacturing sectors.
To start with, Dubai Industrial City is not a Free zone. It is a dedicated industrial park providing industrial land, warehouse facility, open yards, workers accommodation, commercial spaces for anyone looking to setup a manufacturing base. The Department of Economic Development (DED), Dubai is the governing authority responsible for business registration and licensing of companies.
What types of Licenses are available in Dubai Industrial City (DIC)?
- Trading license
- Service license
- Commercial license
- Industrial license
What type of companies can set up business in Dubai Industrial City?
Dubai Industrial City welcomes companies and entrepreneurs from the light to medium manufacturing and logistics industries:
- Food & Beverage
- Transport
- Base Metal
- Transport
- Machinery
- Mineral
- General
- R&D
- Light & Medium Industries
Salient features to boast about the infrastructure in Dubai Industrial City:
At Dubai Industrial City, you will find a range of facilities that aim to support your business growth goals. It is a city built to sustain any kind of demand to run the business for long:
- Roads: 105KM of road network with 10KM spine road (four lanes dual carriageway) linking the city from north to south. Ground-work will span an area of 16 m sq. fts.
- Electrical Network: Power is supplied from four different (132 KVA) substations. A total of 800 megawatts is readily available in order to meet demand for all planned industrial projects. Instant access to power reaching 4 megawatts per plot.
- Water Network: Water is connected directly from DEWA.
- Telecommunication System: Enjoy uninterrupted telecommunication systems operated through the use of a fibre optic cable network.
- A Robust Storm Water Drainage Network: DIC has built a comprehensive storm water drainage network to drain out water residues in rainy weather.
- Hotel Projects: From serviced hotel apartments to mid-range business hotels and luxury hotels, all are permitted to be built in Dubai Industrial City.
What are the different offers available at Dubai Industrial City (DIC)?
DIC offers all types of options ranging from world-class facilities to value-added services. DIC offers broad incentives and unparalleled support to help any company get off to a strong start. Among the several things on offer are:
- Industrial Land: Strategically-located industrial land, equipped with advanced infrastructure. Industrial land is available for long-term lease, with fully functional infrastructure and power access. Suited for industrial and residential use, with easy access to major highways, seaports, and airports.
- Workers Accommodation: An advanced residential community with well-equipped facilities. Built with the highest standards; our workers’ accommodation provides a safe and well-equipped residence with advanced amenities. Inspiring a healthy lifestyle for its occupants with health centres, leisure facilities, supermarkets, restaurants, and much more.
- Open Yards: A large storage facility in a strategic and well-serviced location. Securely fenced and monitored round the clock; our open yards present an ideal outdoor storage space for construction material, equipment, automobiles and more.
- Commercial Spaces: Fully-serviced and strategically located offices. Modern buildings and flexible office spaces, with the added convenience of leasing warehouses and logistics facilities nearby, offering flexible terms with the best value of advanced facilities that suit your needs.
- Retail: Explore retail opportunities in an established community. If you are looking to operate a retail business in a growing community, Dubai Industrial City is the right location for your outlet, with direct reach to our the workers’ accommodation and surrounding communities
- Warehouses: Ready-to-use and multi-purpose warehouse facilities. High-powered, ready-to use and cost-effective warehousing property with flexibility to accommodate your business needs from cold, chemical and general storage to light industrial use. These flexibly spaced warehouses can accommodate different requirements through their multiple jointed units and are available for short and long-term lease.
Beneficial features of the warehouse are:
- Typical size ranges from 5,132 sq. ft to 11,250 sq. ft
- Internal light fittings
- State-of-the-art fire protection systems
- On-site parking and loading area
- 6 * 6 meters sliding main door
- Can join multiple units
- 24/7 security
- Includes office space and retail showrooms
- Light manufacturing, logistics and storage: cold, chemical and general
What can the warehouse be used for?
- Logistics
- Food manufacturing
- Dry/cold storage Dry/cold storage (food & non-food)
- Chemical storage
- Light manufacturing (food & non-food)
- Printing press
- Carton manufacturing
- Transport activities
What are the different sizes of offices available in Dubai Industrial City?
Yes, we offer several options for offices that range between 500 sq.ft to 80,000 sq.ft, fitted and non-fitted, that can be customized to meet your exact business requirements.
DIC offers several options for offices that range between 500 sq.ft to 80,000 sq.ft, fitted and non-fitted, that can be customized to meet your exact business requirements. A typical industrial land ranges from 62,000 sq. ft to above 5 million sq. ft.
Alternatively, anyone can design and construct any type of office according to their requirements and business needs, subject to following authority guidelines and obtaining approvals from relevant authorities.
What other features and services you can enjoy in Dubai Industrial City?
Apart from the commercial and retail spaces, DIC offers the following value-added features and services:
- Dedicated business account managers
- Building fit-out permits
- Networking and market development opportunities
- Venues for corporate, community and social events for Dubai Industrial City residents
- Restaurants, supermarkets, fitness centre, 24-hour security, prayer areas, Wi-Fi access and facility- management services.
Corporate tax applicability to the companies in Dubai Industrial City:
Corporate tax law is going to be applicable for all the companies registered in UAE including the free zones in UAE. The UAE Corporate tax is going to be effective for the financial year beginning on or after 1 June 2023 for the businesses in UAE. Corporate tax will be levied at zero percent on the taxable income (adjusted net profit) of the businesses in the free zones as long as they comply with all the regulations of the respective free zone and do not do any business with the mainland companies, otherwise there is a possibility of levying 9% corporate tax on the taxable income (adjusted net profit) in excess of AED 375,000. Hence companies in the Free Zones need to make sure that they are complying with all the regulations of the free zone and do not do any business with the mainland entities to enjoy the benefit of zero percentage of UAE corporate tax.
{NOTE: Kindly note that the authenticity of this article is limited to the day of publishing this blog. As policies and rules pertaining to each free zone keeps changing from time to time based on the necessity of the respective authority, it is hereby advised you to check the website of the concerned free zone directly to get the latest update on the same. We do not assume any liability if you have taken any decision based on the information provided in the article. We have ensured that the presented information to the visitor is legible to the maximum extent possible so that all the information is available in one page, at one go. Thank you.}
How can Spectrum help you set up a business in Dubai Industrial City (DIC)?
Spectrum provides an easy and simple start-up process for companies seeking to setup office in Dubai Industrial City. Spectrum’s dedicated team will guide you through the process, answer your questions, provide the necessary forms, and serve as your primary point of contact to support you through the whole process.
Spectrum is an expert firm in the Company Formation and Company Liquidation process. Our passion and heart lie in serving the clients and we aim at the utmost client’s satisfaction. We are registered Auditors under the Ministry of Economy UAE and also registered Tax Agent from Federal Tax Agency UAE, Dubai providing dedicated Audit, Accounting, Tax services and various Business Advisory Services complying regulatory requirements.
Call us today for any kind of assistance at +971 4 2699329 or email us at [email protected] to get all your queries addressed. Spectrum is your partner in your success.