Dubai International Finance Centre offers full ownership of any company set up in the free zone. DIFC also offers exemptions from corporate and personal income taxes along with customs duties. It provides a transparent and predictable business environment with its dedicated legal and regulatory framework.
The DIFC boasts world-class infrastructure, encompassing modern office spaces and cutting-edge technology. Additionally, companies within the DIFC benefit from access to a global network of financial institutions, professional services firms, and investors.
To establish a company in DIFC you can avail the services of expert chartered accountants like Unicorn Global Solutions. Text us on WhatsApp or call us today to set up your business as we offer all required services for a company setup.
We are recognized as one of the best auditing firms in Dubai delivering high-quality and excellent audit services and all other company setup services as well from registered auditors in Dubai International Finance Centre and keep your organization safe.
DIFC (Dubai International Financial Centre) was founded in 2004 with the intention of luring businesses and financial services from abroad to the area. It functions as a separate legal entity with a separate tax code, legal system, and regulatory structure. The DIFC provides a business-friendly climate and top-notch infrastructure in addition to serving as a hub for numerous regional and global financial institutions.
The Dubai International Financial Centre (DIFC) region is the ideal location for work and leisure because it has ultra-modern office buildings, retail stores, eateries, art galleries, residential flats, and public green spaces.
The time required to set up a business in the Dubai International Financial Centre (DIFC) may differ based on when the necessary paperwork is finished and authorities convey their approval. The process of setting up a business consists of these four essential steps:
Step 1: Schedule a discovery meeting with professionals in Creation company setup.
Step 2: Select your license, business structure, and facilities
Step 3: Creation will finish the applications for free zones and get the business paperwork ready.
Step 4: Obtaining a license and a card for the company establishment
Once licensed, a company located in the Dubai International Financial Centre (DIFC) can apply for residence permits for its employees and/or shareholders. The stockholders' and employees' residency permits are good for two years. The size of the office determines how many visas the corporation may apply for (one visa for every 9 square meters). Up to two resident permits are available with a Flexi Office package.
The Dubai International Financial Centre (DIFC) offers both financial and non-financial licenses, among other licensing categories.
The Dubai International Financial Centre (DIFC) offers top-notch facilities for companies to launch, run, and grow their operations. These amenities include government offices, corporate event spaces, food courts, banks, and other business support service providers all in one location.
Limited liability companies (LLCs), branches of overseas businesses, partnerships, limited partnerships, and sole proprietorships are just a few of the many company establishment possibilities that DIFC provides. Additionally, financial services businesses including banks, insurance providers, investment firms, and others are covered by special provisions in the DIFC.
The eligibility criteria for setting up a business in DIFC are as follows:
The length of time needed to establish a business in the DIFC varies depending on several factors, including the type of the business, the complexity of the business plan, the accessibility of the necessary paperwork and approvals, and more. The average turnaround time for establishing a firm in the DIFC is 4–8 weeks.
The costs involved in setting up a business in DIFC include:
The precise cost of establishing a company in the DIFC will vary depending on the nature of the enterprise, the office's size, the number of visas needed, and other elements.
The kind of business and the number of employees determine the visa requirements for opening a business in the DIFC. Generally, the manager, the sponsor, and the staff of the company need a business visa. In order to apply for a visa, you must provide a number of papers, such as copies of your passport and evidence of address.
Regulations at the Dubai International Financial Centre (DIFC) state that a business can only be formed with a minimum of one shareholder and a maximum of fifty.
