Innovation Testing License
FinTech & Innovation in the DIFC
Sector agnostic, available to all Technology and Innovation startups!
Subsidized Commercial Licensing at USD 1,500 (annual fee) + USD 100 one time registration fee.
Access to co- working space flexible desk at USD 500 VAT ) per month.
Up to 4 visas on the first desk; and discounted visa costs for up to 40%
Quick registration and access to the DIFC Ecosystem.
- Permitted Activities
- Steps to apply
- Documents needed
- Popular Documents
Permitted Activities
Distributed Ledger Technology Services
Includes firms that provide database management solutions and ancillary services based on distributed ledger technologies, such as blockchain, such firms are not permitted to trade in, or setup an exchange for currencies or crypto currencies or commodities or provide any financial services, whether brokerage or payment processing.
Innovation & Artificial Intelligence Research & Consultancies
Includes firms specialized in providing studies and consultancies on innovation to technical and administrative personnel in the public and private sector to stimulate extraordinary thinking procedures and innovative solutions to the challenges comforting them, also, providing the same on artificial intelligence which is based on computers that capable of imitating the intelligent human behaviour to understand future developments.
Software House
Includes firms specialized in computer systems software design, implementation, operation and maintenance based on analysing the user's problems and his need for economical solution and the programs necessary for realizing such a solution, it involves designing application software designed to run on smartphones and mobile devices.
Technology Research & Development
Includes firms specialized in elaborating studies and experimental and development research related to technology businesses for conducting innovation, introduction and improvement of its products and procedures. It includes setting guidelines to enhance designing, evaluating, implementing techniques and a series of investigative activities to develop new and improve existing products and procedures.
Information Technology Consultants
Includes providing technical services and consultancies with respect to information technology and applications like internet, internet and data warehousing to enhance the administrative and technical performance in different corporations. In addition to offering consultancies, to involve proposing the adequate software and handling the surveys and studies to determine the appropriate technology consistent with the nature of the firm, these firms are not entitled to market or produce any of the software or products related to said technology, the minimal degree required is BSc. in Computer sciences or Information Technology, along with three years hands on experience"
Internet Consultancy
Includes firms specialised in drawing up the strategies of using internet technology in the commercial entities, as well as impose laying out the techniques of the practical application
IT Infrastructure
Includes firms specialized in laying the technical foundations of the information technology, which comprises the network, the systems and the databases. It also involves firms engaged in preparing the consultative studies along with the installations of the network and the systems, manpower training is also included.
Portal
Online services equipped with databases and programmes that are fitted as a service with basic functions of the technology platform. It also could be a junction between a content provider and a user for a broad array of resources and services.
Computer Consultancies
Includes firms which provide consultancy to enterprises and companies, prepare studies related to the analysis of users' needs as regards computer hardware and software and provide the best solutions. This also includes the choice of software that corresponds to the company's activities, the choice of operation specifications, the equipment and preparation of computer rooms, the preparation of purchase tender documents and offers, as well as other related services and consultancies
Internet Content Provider
Includes firms specialized in providing internet sites with contents and make them available for users.