An onshore financial center, Dubai International Financial Centre DIFC is strategically situated between the East and West, which offers a secure and efficient platform for businesses and financial institutions for reaching into and out of the emerging markets of the region.
The quality and range of independent regulation of DIFC, common law framework, supportive infrastructure, and its tax-friendly regime make it the most suitable base. Allowing to take advantage of the region’s rapidly progressing demand for financial and business services. DIFC completes the time-zone gap for a global commercial center between the renowned financial centers of London and New York in the West and Hong Kong and Tokyo in the East.
DIFC is playing a significant role in meeting the growing financial requirements of the region with the support of its core values of integrity, transparency, and efficiency.
Business setup in Dubai is easy if done judiciously. That is why there are DIFC company formation consultants, such as Business Link UAE. We are always there to extend our hand to advise you before you even take a step towards forming your organization. Business Link helps in the establishment of most of all, Dubai free zone companies successfully, for more than a decade. Indeed aware of what advice and guidance you need for the type of business you wish to establish in Dubai.
From DIFC, business and financial institutions are capable to service the region’s growing financing requirements and support increasing sophistication for companies operating in and from around the area. Current years have noticed the expansion of the corporate sector with more sophisticated financing needs.
This financial hub of the Middle East region is regarded as one of the best global international financial centers. It has created a small city in Dubai. The DIFC offers a regulatory framework for companies based on the laws of the UK along with DIFC Courts providing support to the business community registered within the financial center. DIFC employs all kinds of regulated and non-regulated businesses which form the diverse business community.
The DIFC application process can be incredibly overwhelming. Hence, most applicants prefer to engage with experts who have the necessary understanding to execute and supervise the whole process competently.
Following are the requirements of DIFC application process:
- Applicant and Application details
- Legal Structure
- Business Activity
- Ownership Structure
- Fit & proper questionnaire
- Operational Requirements
Being the premium-free zone of the Middle East, the DIFC attracts renowned local and global businesses. DIFC is the home of PBS, and we are a very proud member of the DIFC community and work closely with the DIFC to make sure that our customers are receiving the best solutions deliver in a timely and professional manner while all while supporting the expansion of our DIFC community.
Being a global jurisdiction for financial institutions, the DIFC business setup offers its participants a highly attractive investment environment, comprising:
- 100% foreign ownership
- Zero percent tax rate on income and profits
- A broad network of double taxation treaties available to UAE incorporated entities
- No hassles on foreign exchange or capital/profit repatriation
- Dollar-denominated environment
- A transparent operating environment with high standards of rules and regulations
- Strict supervision and enforcement of money laundering laws
- Ultramodern office accommodation
- State-of-the-art technology
- Sophisticated infrastructure
- Data protection/security
- Operational support
- Business continuity facilities of uncompromisingly high standards
In addition to company formation and administration, a variety of services are offered from Accounting & VAT Registration, Nominee Services, and Financial Officer services, to advice on DIFC Wills & Probate, and the use of Trusts and Foundations. We have a wealth of knowledge, expertise, and experience in our industry.