Tech startup Business setup in Dubai?
Key Takeaways:
- Dubai’s tech ecosystem is experiencing rapid growth, fueled by government initiatives, a young demographic, and increasing investment.
- Tech startups can choose between mainland setup (for direct local market access) or various free zones (for 100% foreign ownership, tax benefits, and industry clusters).
- Specialized tech free zones like Dubai Internet City (DIC) or Dtec at Dubai Silicon Oasis (DSO) offer tailored environments and support.
- 100% foreign ownership is permitted for most tech activities in both mainland Dubai and free zones.
- The UAE’s new corporate tax (9% on profits above AED 375,000) includes a 0% rate for smaller profits, benefiting early-stage startups.
Dubai has rapidly cemented its position as a burgeoning global hub for technology and innovation. With ambitious government initiatives, significant investment in digital infrastructure, and a vibrant entrepreneurial spirit, the emirate offers an exceptionally fertile ground for a Tech startup Business setup in Dubai. From artificial intelligence … READ MORE