Introducing the Dubai International Financial Centre (DIFC) Innovation License, our top recommendation!
This free zone company license, located in the heart of DIFC at the Innovation Hub, offers incredible benefits. The government is subsidizing 90% of the license cost (license fees reduced from US$ 25,000 to US$ 2,500) for the next 2 to 5 years.
Eligibility:
- Must provide technology / IT services
- No financial services or trading/selling of physical products allowed
- Requires a physical presence in DIFC (minimum flexible desk at co-working spaces)
Why choose DIFC Innovation hub?
- DIFC Innovation hub is a proven accelerator with more than 800 registered tech start-ups
- Access to DIFC’s digital platform (LEAP) for growth acceleration:
- Connect to potential customers
- Connect to potential financiers
- Connect to mentors & partners
- Access to market place for professional services and showcase products
- Access to talent network (qualified international candidates)
- Access to AI Campus as accelerator
- Part of the biggest start-up and unicorn community in GCC
- Address of the company in the most prestigious international financial centre (DIFC is ranked as the top 10 global international financial centre)
- Regulated by UK Common Law and not UAE Sharia Law
- 100% Foreign Ownership
- Zero restriction on currency
- Zero restriction on capital repatriation
- Low corporate tax (0% or 9%)
- 0% WHT on dividends payout
- Access to banking in UAE
