DIFC innovation hub
The DIFC Innovation Hub is a complete business ecosystem for Tech Start-ups within the prestigious DIFC jurisdiction.
Introducing the most subsidised Business License for Emerging Tech Companies!
Enjoy a 90%
Reduction in the DIFC License Fee.
Launch your tech company in Dubai with a nominal DIFC license cost.
About DIFC
Dubai International Financial Centre (DIFC) holds a prominent position as the primary global financial center in the Middle East, Africa, and South Asia (MEASA) region. With nearly two decades of experience, DIFC has played a pivotal role in facilitating trade and investment flows throughout MEASA, a region encompassing 72 countries and boasting a combined population of around three billion people.
The DIFC Innovation Hub is a premier ecosystem for Tech Startups offering an innovation license and a DIFC fintech license in the prestigious DIFC jurisdiction. Located between Burj Khalifa and Emirates Towers, it is the perfect location for your tech startup with affordable DIFC trade license costs.
DIFC’s strategic location acts as a vital link, connecting the markets of the MEASA region with the economies of Asia, Europe, and the Americas, all through the vibrant city of Dubai.
Apply for an innovation license at DIFC and join the vibrant tech community at this prime DIFC innovation hub location with Rapid Zone!
All-Inclusive Package in DIFC Tech Start-up
USD 7,850 Only
This includes
Commercial Trade License
Co-working Space with Prestigious DIFC Office Address
4 Visa Allocation
Fully Digital Onboarding Process
Access to all DIFC Amenities and Ecosystem
Same Renewal Price for 5 Years
DIFC Innovation License Requirements:
- The entity should be non-regulated and cannot conduct any financial services, including financial advisory, arranging money services, etc.
- The entity must provide a type of technology like a Software Solution, AI, Web3, Technology R&D, or Blockchain.
- The entity or business activities must be tech-related or innovation-related,d as this license is sector agnostic.
- The entity must have a physical presence within DI, C, with a minimum requirement of
obtaining a flexible desk at the co-working spaces. - The entity cannot generate any trading/selling of physical products
(e.g., import/export of physical products) through direct or e-commerce channels. - The source of income should be produced for compliance purposes.
Benefits of the DIFC Tech Start-up Package
Subsidised License by 90%
4 Visa Allocation
100% Foreign Ownership
Governed by the UK Common Law and not the UAE Sharia Civil Law
Access to a Thriving Start-up Ecosystem
ZERO Currency Restrictions
No Restriction on Capital Repatriation
Access to DIFC Co-Working Facilities and Modern Amenities
Access to a Global Fintech Hub
Applicable Business Activities
Computer Consultancies
Data Classification & Analysis Services
Cyber Security Consultancy
Technology Research & Development
Portal
Software House
Public Networking Services
Education Technologies Research & Development
Education & Training Computer Software
Information Technology Consultants
Network Consultancies
Electronic Chips Programming
Web-Design
Internet Consultancy
DIFC innovation hub
The DIFC Innovation License is a Commercial License with a subsidised fee structure open to all technology and innovation start-ups.
The DIFC Tech Start-up License or DIFC Innovation License is offered to a wider ecosystem of technology enablers, catering to Technology/Innovation firms interested in developing or testing new, novel, or innovative products.
The License is subsidised for a period of 5 years, at a rate of USD 1,500 per annum.
Yes, physical presence is mandatory in the DIFC. The minimum requirement for the DIFC Tech Start-up License is 1 flexi-desk (USD500+vat).
No, the DIFC client on-boarding system is fully digital, and the process is done online.
Refer to the above section that details out all the included business activities.
The process comes in two stages. The first stage is to obtain the ‘In-principle Approval’ from the Registration Review Committee, which can take around 5-7 working days.
Once you have been granted the ‘In-principle Approval’ you will be given access to second stage which is the setup of the legal entity in the DIFC. This process can take up to a day to a few days to complete as it requires you to complete the steps needed (Articles of Association, obtaining a lease, paying the fees etc.). Once completed, you will be able to submit for the Commercial License to be issued. Please note that the second stage is dependent on how fast you can finish the process.
No, there are no capital requirements for entities under the DIFC Tech Start-up License.
Yes, other fees include office space, visa costs, Data Protection and Confirmation Statement.
All DIFC companies are now required to file a confirmation statement with the DIFC Registrar of Companies at the time of license renewal. The confirmation statement will include a confirmation that all information (and any changes to such information) required to be notified to the DIFC Registrar of Companies has been so notified.
The DIFC Tech Start-up License is only applicable to those conducting un-regulated activities.
On the first flexi-desk, you would have the eligibility to apply for up to 4 visas.
Once the entity is registered and the Commercial License is issued, you may begin the process of opening a bank account. Rapid Zone team will assist you at this stage.
Yes, you can once the entity is incorporated.
The process can be done via the client portal. There is no fee associated with this service.
The DIFC Innovation License only applies to non-regulated entities which means that you cannot trade or sell your own products and conduct any financial activity. You can provide a software development, a portal, an R&D platform, etc.