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 company formation 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 civic 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. DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC) is a free zone that was conceived by Dubai Government as the first UAE financial economic zone. Currently it is being the only fully functional financial zone in the UAE, with Abu Dhabi Financial Centre picking up as of year 2016.

The key feature of DIFC is its legal system, which is based on English common law as compared to civil or commercial laws of the UAE. It is also important to mention that DIFC has its own court. The main currency within DIFC is a US dollar, so all DIFC management fees are accepted in US Dollar currency. Apart from payment of all registration fees, in order to operate a financial company in Dubai International Financial Centre, relevant approvals from Dubai Financial Services Authority (DFSA) are required. We are DIFC business setup consultants

The global financial center of the middle-east, Dubai International Financial Centre is a monetarist hub creating platform for companies and financial institutes to establish themselves in these developing region. Company formation in Dubai International Financial Centre Free Zone provides mutual frameworks, tax-friendly benefits, opportune laws and regimes. The Dubai International Financial Centre Free zone is also called as DIFC free zone. The jurisdiction is among the key players encouraging foreign investors to tap the international markets, through investing in the region. The region also provides authenticity and regularities along with proficiency in conducting a Business setup in Dubai International Financial Centre Dubai International Finance Centre

DIFC Company Formation

DIFC the financial hub of the Middle East region and regarded as one of the best global international financial centers has created a small city within Dubai. The DIFC provides 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 accommodates all types of regulated and non-regulated businesses which form the diverse business community. As the premium free zone of the Middle East the DIFC attracts leading local and global businesses. DIFC is the home of us and we are very proud to be a member of the DIFC community and work closely with the DIFC to ensure our clients are receiving the best solutions delivered in a timely and professional manner whilst all the while supporting the expansion of our DIFC community.

Business Setup in Dubai International Financial Centre

The DIFC application procedure can be an incredibly overwhelming process hence most applicants prefer to engage experts that have the necessary understanding to execute and supervise the whole process competently. The experts at PBS are able to provide assistance in the area of incorporating both a Non-Regulated or Regulated entity in the DIFC. Established just a decade old, the Dubai Internet City Free Zone, has become amongst the leading financial centers, contributing over 12 percent on Dubai’s GDP which demonstrates the rapid expansion. Free zone company registration in Dubai International Financial Centre permits major financial services authorities, financial SME’s, financial institutes, banks and pecuniary commercial entities.

Dubai International Finance Centre – DIFC Company Formation

DIFC the financial hub of the Middle East region and regarded as one of the best global international financial centers has created a small city within Dubai. The DIFC provides 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 accommodates all types of regulated and non-regulated businesses which form the diverse business community. As the premium free zone of the Middle East the DIFC attracts leading local and global businesses. DIFC company formation is the home of every expat and we are very proud to be a member of the DIFC community and work closely with the DIFC to ensure our clients are receiving the best solutions delivered in a timely and professional manner whilst all the while supporting the expansion of our DIFC community.