April 25, 2020
Established in September 2004, Dubai International Financial Center (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 provide business setup services in Dubai
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 Center 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 Center Free zone. Established just a decade old, the Dubai Internet City Free Zone, has become among 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 Center 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. A 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.
As a global jurisdiction for financial institutions, the DIFC offers its participants a highly attractive investment environment, including:
DIFCA’s Four-Tiered Management Strategy:
Contribute to Dubai’s reputation as a global business hub by maintaining international standards, developing international relations, business and employment creation, and economic development.
Provide world-class physical, legal and regulatory infrastructure, which has been tailor-made for the requirements of the financial and professional services community.
Ensure the financial sustainability of DIFC and the companies established in the center through a programmed of resource alignment, financial risk management, and competitive bench marking.
Support client growth through authority business process streamlining, service improvement, and enhanced management structures geared towards a superior client experience.
Corporate PRO services in Dubai play an important role when you want passport clearance, immigration, business licenses, trademarks, copyrights and certification.Our PRO services of ensure that clients are given end to end support for theirbusiness setup in Dubai. We facilitate quicker document clearances, labor contract creation, license renewal, immigration card for our clients.The product registration means to register a product and its details with the Dubai Municipality. The legislature chamber of the Dubai, UAE is required to manage and operate the import and export of products including manufacturing and supplying of those products. All the products are required to be checked and examined by the authority before dispatching them for the domestic market of Dubai, UAE. The Health supplement registration in Dubai is a necessary process in the UAE so that harmful and bad products are not supplied to the community. It is required to ensure the quality of each product along with the safety of consumers. Forex trading essentially means the buying or selling of currencies simultaneously. The exchange of currencies between different countries is inevitable and the main reason why the forex market is the largest and most liquid financial market in the world. There is no designated centralized marketplace for How to Trade in Financial Markets in Dubai but is rather executed electronically over-the-counter (OTC), which means that all transactions are carried out via computer networks between investors worldwide. Also the forex market remains open 24 hours a day and five days a week with the starting of the Asian session till the closing of the US session. Hence the market remains highly volatile at all times with fluctuations in prices within no time.
Offshore or on-shore company in Dubai
The procedure for opening an offshore company in Dubai differs very much from the one necessary for incorporating an on-shore company. If you're not sure at this stage which one you need, please consider the following: A)An offshore company (Ajman offshore company formation) does not have any special requirements or limitations regarding the owners/shareholders of the company while. b) An onshore company does not allow full foreign ownership (the company requires a local "sponsor").
DWC company formation (Dubai World Central), is one of the strategic business hubs developed by the Government of Dubai. Today, the Dubai South Free Zone (prev. Dubai World Central Free Zone) is the largest and leading global trade, business and aviation hub. The Dubai World Central (DWC) was renamed to Dubai South not too long ago and to reflect the strategic location of the free zone. The Dubai World Central (DWC), now Dubai South, is located on 140 square kilometers of multipurpose area right next to the Jebel Ali Sea Port. The Dubai South Free Zone headquarters is closely located to Al Maktoum International Airport, Logistics District, Business Park, Aviation District, Commercial District, Residential District, Golf District, Exhibition District, and Humanitarian District. The Dubai South Free Zone international airport is strategically located to provide convenient logistics and shipment around the GCC, Middle East, and the entire world. A company formation in Dubai is great choice because Dubai is a land of many opportunities. With llc company formation in dubai you can take your business to a new height. Starting a new business in Dubai is now easier than ever especially with the help of a professional business consultant. B2B Document Clearing is a trusted company for llc company formation in Dubai and UAE by many clients. As our mission is to provide efficient, cost effective and personalized service with the highest quality service possible. If you are planning to open a new business, Dubai Limited Liability Company (LLC) is the ideal business set up for new entrepreneurs.
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