Dubai Creative Clusters Authority – DCCA
Dubai Dubai Creative Clusters Authority (DCCA) – formerly known as TECOM – is recognised as the regulatory body of a number of different free zones and business parks located in Dubai, including the following:
- Dubai Internet City
- Dubai Media City
- Dubai Knowledge Park
- Dubai Design District
- Dubai International Academic City
- Dubai Production City
- Dubai Studio City
- Dubai Science Park
- Dubai Outsource City
DCCA comprises a number of specialised business parks, which come together to create an individual cluster environment, within which businesses from a number of different industries operate on the work campus dedicated to their industry, facilitating efficient interaction and collaboration. All of the business parks are active within the business community, affixed by the principal global, regional and local names operating in the industry. DCCA business parks are recognised as providing a professional business environment that facilitates organisations in carrying out their business activities with the inclusion of collective synergy and freedom.
DCCA provides organisations operating in Dubai with a platform from which they are able to present services and products, thus facilitating the opportunity to collaborate with a number of the world’s leading organisations in their various sectors.
Benefits of setting up a company in DCCA:
- 100% foreign business ownership
- 0% tax rate
- 100% capital repatriation
- A regulated licensing environment offering a wide range of business activities
- World’s unique industry specific and specialized business parks.
- Metro Ethernet environment
- Wide variety of adjustable office spaces
Every DCCA company must have a registered office. There are different solutions for office spaces available in each of the DCCA business parks listed above, starting from a Flexi Desk facility to fitted or unfitted office spaces.
After the incorporation, license and establishment card have been issued, the company can apply for a renewable 3 years UAE residency permits/visas for shareholders and employees. If the company has a Hot Desk arrangement, it is entitled for 1 – 2 visas, while in the leased office arrangement, 1 visa is allocated for each 80 sq. ft. of leased office space.
Following to the successful process of the visa application, the client should enter the UAE to complete the medical test procedures and get the residency permit stamped on their passport. The process normally takes between five to seven working days to be completed. Corporate House staff ensures our clients will complete the process in the least painful and most effective way.
After the issuance of the visa, the visa holder can sponsor their direct family immediately. It has to be noted that a UAE resident needs to visit the UAE at least once every six months to ensure the validity of the visa.
Each Free Zone company must have one or more independent auditors to prepare its audit report. The report should be kept in their registered office to be available for inspection.
DCCA does not require the capital to be paid up front, thus the bank account can be opened at a later stage after the incorporation. Corporate House can assist with this for an extra fee.