Dubai International Financial Centre was established in 2004, for the development and
management of the financial companies in the region. The district is responsible for facilitating trade and investment to the MEASA region. Dubai International Financial Centre company formation offers a highly regulated financial sector and favourable policies. The free zone has almost 2500 companies operating in the fields of banking, fund management, brokerage, and insurance. DIFC has its own judicial system and courts based on english common law. Apart from providing the people of Dubai with an alternate legal framework to resolve disputes, the free zone also has one of the best Stock Exchange and Dubai International Financial Exchange.
Apply for initial approval
The first step DIFC company set up is to apply for an initial approval. In this step investors can determine the business activity they want to engage in and choose the type of license suitable for them. DIFC reviews all applications to determine which companies meet its requirements. The type of licenses to choose from include;
To obtain an initial approval investors must submit certain documents which include the application form, business plan, passport and visa copies, and a certificate of incorporation.
Apply for the license
The second step for DIFC company registration is to submit an online application. In this phase investors must choose the legal entity for their company. The legal entities available at DIFC cater to the type of business activity conducted. They include companies that can either be
Along with the license applicants are required to submit a number of documents.
Once the documents have been submitted the license fees must be paid. The fees depend on the type of license a company chooses to opt for. Along with the license investors can choose the type of office best suited to their needs. The offices available at DIFC are commercial offices and co working spaces.
DIFC company formation, especially for first time business owners can be a difficult and time consuming process. Our team is well equipped at managing the entire incorporation procedure. We can provide valuable assistance that will save you time and effort in the company formation process allowing you to focus on making your business a success.