- DMCC company licence
- Complimentary access to DMCC co-working facility
- Access to funding, mentoring and alumni network
- 50% discount on second year’s renewal fees
As you set up your gaming or metaverse startup, make sure to learn the local regulations for operating in the metaverse as well as virtual assets governed by Dubai’s Virtual Assets Regulatory Authority (VARA). You will be required to show a detailed business plan and proof of share capital during the setup process.
Average setup time 4 weeks
Physical presence requirement No
Starts at AED 30,951/year
Average setup time 1 weeks
Physical presence requirement Yes
Starts at AED 40,000/year
Average setup time 4 weeks
Physical presence requirement No
Starts at AED 12,500/year (W/O visa); AED 14,350 (1 visa)
Average setup time 1 weeks
Physical presence requirement Yes
Starts at AED 15,000/year
Every bank has a target market. Banks decide whether you fit their customer criteria based on your area of business, turnover and product usage. International banks in the UAE typically do not have a proposition for smaller companies with annual turnover of less than AED 50 million or limited number foreign exchange and trade transactions, and cash management business. On the other hand, some regional and local banks in UAE offer more startup-friendly propositions, including:
Some tech startups in the UAE with global customers prefer to bank in USD and use global neobanks like:
