Growth Of The Tech Industry In Dubai
The tech sector in Dubai has experienced tremendous growth in recent years, thanks to the government’s efforts to transform the city into an innovation-driven economy. The growth of this industry is evident from the fact that it contributes around 4.6% to Dubai’s GDP and employs over 100,000 people.
One of the main reasons for this rapid growth is the establishment of free zones such as the Dubai World Trade Centre, Dubai Internet City (DIC), and Dubai Silicon Oasis (DSO), which provide a favorable environment for tech companies to operate with tax exemptions, 100% foreign ownership, and streamlined processes for setting up businesses. These free zones have attracted some of the biggest names in technology, including Microsoft, IBM, Google, Facebook, and Amazon.
Another factor contributing to the growth of the tech industry in Dubai is the government’s support through initiatives like Smart Dubai, which aims at utilizing technology to improve people’s lives and enhance their happiness. This initiative has led to the development of various smart applications and services that have transformed how citizens interact with the government and each other.
Furthermore, Dubai has also become a hub for startups, with various incubators and accelerators supporting entrepreneurs to launch their tech businesses. These initiatives have created a vibrant startup ecosystem in the city, with many success stories emerging from Dubai’s tech scene.
Starting A Tech Company In Dubai Freezone
The process of tech industry business setup Dubai in free zones like DWTC is streamlined with simplified procedures and fast-track options available for obtaining licenses. Companies that acquire a tech company license in Dubai freezone also have access to state-of-the-art infrastructure and world-class facilities, making it easier for them to grow and expand their businesses.
Contact DART for Business Setup For Tech Companies In Dubai
We specialize in empowering tech and digital enterprises to confidently establish their presence in Dubai through our comprehensive end-to-end services. Our offerings go beyond mere business setup; we provide a holistic solution that includes access to co-working spaces and a nurturing incubation ecosystem.
In partnership with the Dubai World Trade Centre (DWTC), the best Dubai freezone for technology businesses, we ensure a streamlined setup process, prioritizing swift application processing and efficient communication to deliver prompt responses to all inquiries. With our support, businesses can focus on growth and innovation while we handle their establishment.