All You Need to Know About the Dubai Investments Park

Looking to set up an exciting business venture in Dubai? Dubai Investments Park (DIP), also known as the Dubai Investment Park, might be an option for you to pursue your entrepreneurial dreams. DIP uses advanced infrastructure to create an ecosystem that promotes growth and success. The park has earned a reputation for being one of UAE's most innovative mixed-use projects, offering a unique blend of opportunities for businesses, industries, and residents. In this guide, we explore everything you need to know about Dubai Investments Park to ensure a successful business setup.

What is Dubai Investments Park?

The Dubai Investment Park is a project that combines industrial, commercial, and residential zones to create an integrated environment for business and living. Currently, the park spans an area of 2,300 hectares and is located between the Al Maktoum International Airport and Jebel Ali Port. Managed by the Dubai Investments Park Development Company LLC, the park is home to a variety of businesses and industries. It offers a well-connected and dynamic environment for growth.

Zones in Dubai Investments Park

In DIP, the area consists of three zones namely commercial, industrial and residential. Let us have a look at them:

1. Commercial

The commercial area in Dubai Investments Park allows entrepreneurs to construct and design office space based on specific requirements while adhering to the set standards. The flexible zoning regulations accommodate various business types with companies free to choose among ready-to-occupy commercial units. The commercial area features modern business centres equipped with advanced telecommunications infrastructure, reliable power supply, and ample parking facilities. You can enjoy other amenities, like visiting banks, restaurants, retail outlets, and availing conference facilities.

2. Industrial

The industrial area in DIP offers various facilities designed to meet diverse manufacturing and logistical needs of light, medium and high-tech industries. It is equipped with advanced infrastructure, including heavy-duty roads, reliable power supply, and advanced telecommunication networks to support all kinds of manufacturing operations. Dubai Investment Park companies can either use warehouses and industrial units or build custom facilities on serviced plots. Utilising specially assigned areas for different industrial activities is also permitted.

3. Residential

The investment park allows multiple accommodations to cater to a wide range of styles, budgets and more. You can explore options ranging from townhouses to apartments and villas. Intricately designed to ensure comfort and convenience, these accommodations are ideal for both individuals and families.

Benefits of Starting a Business in Dubai Investments Park

Some of the significant reasons that make business setup in DIP a preferred choice are listed below:

• Companies can leverage industry-specific infrastructure and facilities to grow their business.
• The strategic location provides excellent logistics connectivity, making it particularly attractive for export-oriented industries.
• Businesses can enjoy competitive tax rates, including no personal income tax and 9 per cent corporate tax for businesses earning over AED 375,000.

How to Start a Company in Dubai Investments Park?

For starting a business in Dubai Investments Park, you are required to follow a set of pre-determined rules. Let us take a look at the steps associated with business setup in DIP:

Step 1 - Decide on the business activity to conduct in the jurisdiction. Some of the permitted activities include industrial manufacturing, commercial trading, retail, real estate development and construction.

Step 2 - Finalise a business structure that suits your business operations. Some of the available options include sole proprietorship, limited liability company (LLC) and more.

Step 3 - Pick a name for the business by adhering to UAE’s naming regulations. You should ensure that it is unique and reflects the brand’s identity. Once done, trade name approval needs to be secured from the relevant authorities.

Step 4 -  Prepare and arrange the necessary documents required for company registration and availing of relevant business licenses in Dubai. Some of the documents needed include copies of shareholder(s) passport and visa, Memorandum of Association (MoA) and Articles of Association (AoA).

Step 5 - Fill out the application form and submit it along with the required documents to the designated authorities to complete the company registration process.

Step 6 - Apply for the relevant license based on the chosen business activity. Commitbiz LLC can help you navigate the licensing process while ensuring compliance with regulations laid out by DIP authorities.

Step 7 - Make the payment of the requisite fees to the authorities.

Step 8 - Lastly, open a corporate bank account in Dubai to manage the company’s financial transactions. With the Emirate being home to plenty of renowned local and international banks, choose one based on your financial needs.

How Can Commitbiz Help?

Starting a business in this thriving investment park provides a good environment for growth. However, it is crucial to adhere to local regulatory requirements and ensure compliance with business licensing, zoning regulations, and operational standards.

Proper planning and working with experts can help streamline the entire business setup process and allow the establishment of a strong and sustainable presence in Dubai Investments Park.

Our team ensures accurate documentation, offers guidance on choosing the right legal entity, and assistance with securing the necessary permits and approvals. With our expertise, you can navigate the involved complexities of the business setup process. Contact us to get started with business setup in Dubai Investments Park.