Hub71 - Abu Dhabi Global Tech Ecosystem
Complete guide to joining Hub71 Abu Dhabi. A globally recognized tech ecosystem offering startups incentives, funding access, corporate partnerships, and a vibrant community of entrepreneurs and venture capital firms.
About Hub71
Hub71 is Abu Dhabi's global tech ecosystem based in the financial district (ADGM), designed to accelerate startup growth and innovation. With over USD 10 billion in capital commitments, Hub71 offers a unique value proposition including subsidized office space, housing allowances, healthcare, and direct access to government entities, corporates, and investors. The ecosystem is home to 270+ startups from 70+ countries, with collective valuations exceeding USD 2 billion.
License Types Available
Technology Startup License
For software development, SaaS, AI/ML, blockchain, fintech, and innovative tech ventures.
Fintech & DeFi License
For financial technology, digital payments, cryptocurrency, blockchain finance, and DeFi platforms.
Healthtech & Biotech License
For digital health, telemedicine, medical devices, biotechnology, and healthcare innovation.
Venture Capital License
For VC funds, angel investors, accelerators, and investment management firms.
Registration Requirements
- Passport Copies: Valid passports for all founders, shareholders, and key team members
- Startup Pitch Deck: Comprehensive presentation covering problem, solution, market, traction, and team
- Financial Projections: 3-year financial model including revenue projections, burn rate, and funding needs
- Proof of Funding: Bank statements or investor commitment letters showing available capital
- Team Credentials: CVs and backgrounds of founding team demonstrating relevant experience
Step-by-Step Registration Process
Application Submission
Submit online application through Hub71 portal with pitch deck and company information
Timeline: Ongoing rolling applications
Initial Screening
Hub71 team reviews application and conducts preliminary evaluation
Timeline: 2-3 weeks
Founder Interview
Present to Hub71 selection committee and ecosystem partners
Timeline: 1-2 weeks post-screening
Acceptance & Incentive Package
Receive acceptance letter with details on incentives (office, housing, benefits)
Timeline: 1-2 weeks
ADGM License Setup
Register company with Abu Dhabi Global Market (ADGM) and obtain license
Timeline: 2-4 weeks
Onboarding & Launch
Move into office, access ecosystem resources, and begin operations
Timeline: 1-2 weeks
Hub71 Incentive Package
| Benefit | Value (AED) |
|---|---|
| Office Space (subsidized for 2 years) | Up to 75% subsidy |
| Housing Allowance | Up to 100,000/year |
| Healthcare Coverage | Comprehensive |
| ADGM License Fee (Annual) | 20,000 - 50,000 |
| Visa Processing (per visa) | 5,000 - 7,000 |
| Access to USD 10B Capital Pool | Fundraising support |
* Incentives vary based on startup stage and selection tier. Competitive application process.
Annual Compliance Requirements
ADGM License Renewal
Annual renewal with Abu Dhabi Global Market before license expiry.
Progress Reporting
Quarterly reports on business progress, KPIs, fundraising, and milestone achievement.
Financial Statements
Annual financial statements prepared according to IFRS standards (audit required for larger entities).
Corporate Tax Compliance
Annual corporate tax filing with UAE FTA. 0% CT available for qualifying ADGM entities.
VAT Registration
Optional VAT registration for startups. Mandatory if taxable supplies exceed AED 375,000.
Regulatory Compliance
Compliance with ADGM regulations including AML, data protection, and sector-specific requirements.
Tax Implications
ADGM Tax Benefits
Hub71 startups registered in ADGM enjoy significant tax advantages:
- 0% Corporate Tax for qualifying ADGM entities (financial free zone)
- No personal income tax for employees and founders
- No withholding tax on dividends, interest, or royalties
Related Free Zones
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