Established in September 2004, Dubai International Financial Centre (DIFC) is the world’s fastest growing international financial center, that caters to the financial needs of the region. This federal financial free zone aims to develop to the same stature as New York, London, Tokyo and Hong Kong, and primarily serves the global financial centers between Western Europe and East Asia due to the time-zone advantage. Since its establishment, DIFC has attracted top-notch firms across the globe, owing to its efficiency, operational transparency and core value of integrity. DIFC is home to a world-class stock exchange, the Dubai International Financial Exchange (DIFX), which was opened in September 2005.

This onshore financial center is set up in a sprawling area of about 110 acres and has a distinct legal system with absolute jurisdiction over matters related to employment, corporate security, commercial trusts and civil bodies. Dubai Financial Services Authority (DFSA) is an independent risk-based regulator and the governing body that regulates financial and banking services conducted by DIFC and provides them a growth-oriented, secure and stable platform to conduct business. This regulatory body issues business licenses to companies planning to set up operations in this largest intercontinental financial cluster located between Singapore and Europe.

Businesses operating in Dubai International Financial Centre free zone are allowed to perform the following activities in the region:

Dubai International Financial Centre offers a lucrative value chain to individual or corporate investors in the form of multiple incentives. It allows an entity (individual or corporate) to register a business in any of the following legal forms:

Dubai ensures the financial sustainability of DIFC free zone and the companies established in the center through a program of resource alignment, financial risk management, and competitive benchmarking. Not just the financial aspects, DIFC free zone is home to a privately held financial exchange, retail shops and convenience stores, along with business services outlets, medical clinics, more than 100 cafés and restaurants offering a variety of cuisines and event spaces & venues to suit any occasion. Coming to DIFC company formation, the authority does not allow companies operating in the non-financial sector. To set up a company in Dubai free zone, one needs to have a commercial license. The procedure is as follows:

Dubai International Financial Centre is a perfect base for companies related to finance due to its systematic legal framework, independent regulations, tax-friendly regime and advanced infrastructure. DIFC Authority (DFCA) oversees the operational administration and strategic development of DIFC.

Company incorporation in Dubai International Financial Centre is a cherished business proposition because of the following reasons:

Business setup in Dubai International Financial Center is easy if you take the assistance of a business consultant, who helps business owners and investors belonging to the financial sector with company incorporation in the free zone, so that you don’t have to worry about the legal formalities and bureaucratic red-tape. We at KWSME handle the entire business formation process in this global financial center from start-to-finish, ensuring unhindered business growth.

Complete operational transparency and client-centric procedures are the hallmarks of company setup process at KWS Middle East. Our specialized team of expert consultants treads an extra mile to guarantee hassle-free company formation experience to our clients, and ensures that our clients get all the amenities for business setup in this unmatched financial hub of the Emirates. Contact us for business setup in DIFC, our team will be glad to assist you.