Give Your Fintech Company the UAE Free Zone Advantage
Dubai has become the preferred global destination for technology and financial services. A thriving hub of innovation, Dubai is actively being sought after by fintech companies due to its good infrastructure and favourable tax policies. Most fintech firms hope to secure a free zone license in Dubai to receive tax benefits.
Fintech firms offer a seamless blend of financial and technology services to enhance user experience. With digital innovation constantly evolving, the dynamic nature of this industry is a perfect match for Dubai’s thriving work culture. However, before you can start your company formation in the UAE, there are several factors to be considered. These include license requirements, legalities, and other details that impact your Golden Visa. For a business, location is everything. Along with all essential paperwork, a business setup consultant in Dubai can also help you decide between a Dubai mainland license and free zone license.
Best Free Zones in Dubai for Fintech Companies
A massive advantage of a free zone license in Dubai is the tax exemptions, 100% business ownership, and easy registration options. While there are common advantages to all free zones, some free zones may be better suited to a particular industry or start-up. As one of the leading consulting firms in Dubai, we ensure you find the most rewarding fit for your business. Some of the popular free zones for fintech firms include:
Meydan Free Zone
With over 2500 business activities to help entrepreneurs and innovators, Meydan is a thriving hub for fintech startups. Firms can operate multiple business activities with a single license.
Benefits
- MoFA-recognized business license
- Certified by the Dubai Chamber of Commerce
- Flexi-desk included with license
- Guaranteed bank account opening
- Access to 20+ marketplaces
Dubai International Financial Centre (DIFC)
DIFC offers a dynamic ecosystem and a world-class regulatory and legal framework enabling every start-up innovator and entrepreneur to be connected to a diversified community of banks, venture capitals, financial institutions, and service providers. With a 20-year track record of facilitating trade across MEASA, this free zone license in Dubai is cost-effective and filled with funding opportunities.
Benefits
- Options to suit all businesses
- Independent regulation
- Flexi-desk coworking package, fixed desk, or private office
- Permit to secure up to 4 residency visas on a flexi-desk
DMCC
Situated at the centre of the Jumeirah Lakes Towers district, this strategically located free zone has a thriving workforce. It holds a unique combination of free zone status, state-of-the-art commercial and residential property, and top-tier commodities and financial services.
Benefits
- 23,000+ businesses across diverse sectors
- Flexi-desk, serviced offices, or private offices with an option to buy
- Permit to secure up to 1 residency visa on basic package
- Access to knowledge series and sector clubs
Dtec
Dtec is an integrated entrepreneurial ecosystem and the largest tech startup coworking campus in the Middle East. Easy company formation in UAE and large networking possibilities, make this free zone license in Dubai a dream for startups.
Benefits
- Flexi-desk corworking package, fixed desk, or a private office.
- Permit to secure up to 2 residency visas on a flexi-desk
- Access to incubators, investment support, venture capitalists, and founder-focused start-up programs
Dubai Internet City
Fuelled by innovation, Dubai Internet City is the region’s leading tech hub. Providing ample opportunities for freelancers, retail businesses, and collaborative processes to expand, this free zone thrives on collective growth.
Benefits
- Flexi-desk, fixed desk, or private office
- Permit to secure up to 2 residency visas on a flexi-desk
- Access to incubator, investment support, networks, events
Conclusion
Dubai’s free zones offer ample growth opportunities for fintech firms from start-ups to established companies. To secure the best Dubai free zone license for your business, connect with the business setup consultant in Dubai today.
