As a foreign investor, it is required to submit some share capital before setting up a company in the DTC Free zone. As every company has to follow this rule especially if you are in a free zone, the company should have one director which is the first level towards your business and secondly you should have a bank account, especially in a local bank.
Every free zone has its own rule and regulation as the following points draft the AOA that is articles of association of the setup company in Dubai Internet City Free zone. The license is the third step because every business has to get clearance from the authorities of the Dubai Government.
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