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Tech Startup Ecosystem

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

1

Application Submission

Submit online application through Hub71 portal with pitch deck and company information

Timeline: Ongoing rolling applications

2

Initial Screening

Hub71 team reviews application and conducts preliminary evaluation

Timeline: 2-3 weeks

3

Founder Interview

Present to Hub71 selection committee and ecosystem partners

Timeline: 1-2 weeks post-screening

4

Acceptance & Incentive Package

Receive acceptance letter with details on incentives (office, housing, benefits)

Timeline: 1-2 weeks

5

ADGM License Setup

Register company with Abu Dhabi Global Market (ADGM) and obtain license

Timeline: 2-4 weeks

6

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
Learn more about free zone tax benefits

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