Set Up Your Business in DIFC – The Ideal Location for Fintech and Financial Services
All Business Setup Related Services: Contact Tycoon Documents, Dubai
Table of Contents
ToggleAll Business Setup Related Services: Contact Tycoon Documents, Dubai
Table of Contents
ToggleDIFC, one of over 30 free zones in Dubai, is strategically positioned as a gateway between the East and West. It offers a world-class platform for businesses and financial institutions aiming to access emerging markets in the region. With its high-quality regulatory environment, English law-based framework, and favorable tax policies, DIFC is an ideal choice for companies in finance and professional services.
Sector | Description |
---|---|
Banking | Home to major international banks. |
Professional Services | Leading law firms and consultancy firms. |
Global Corporations | Multinational companies establishing regional headquarters. |
Insurance | Top global insurance companies. |
Wealth Management | Investment and asset management firms. |
Capital Markets | Providing access to various capital market services. |
DIFC is recommended for companies involved in banking, insurance, legal services,FinTech,AI and wealth management
Benefit | Description |
---|---|
100% Foreign Ownership | Companies can be fully owned by foreign investors. |
Zero Income Tax | Enjoy 0% income tax, subject to regulatory compliance. |
Zero Corporate Tax | 0% corporate tax rate for compliant companies. |
Double Taxation Treaties | Access to UAE’s extensive network of double taxation treaties. |
Capital & Profit Repatriation | Full freedom to repatriate profits and capital without restrictions. |
Independent Regulatory Agency | DIFC operates under an independent regulatory body, aligned with major financial regulators globally. |
English Common Law | Legal framework based on English Common Law, providing familiarity and stability for international businesses. |
Skilled Workforce | Access to a skilled and diverse professional workforce in Dubai. |
Transparent Environment | Operate in a transparent business environment with global best practices. |
International Stock Exchange | Access to an international stock exchange for primary and secondary debt and equity listings. |
Flexible Legal Structures | DIFC allows various legal entities with flexible capital structuring options. |
Modern Infrastructure | Benefit from advanced transport, communication, and internet infrastructure in Dubai. |
License Type | Suitable for |
---|---|
DIFC Innovation License | Companies focusing on innovative and emerging technologies. |
DIFC Crowdfunding License | Crowdfunding companies. |
DIFC Financial License | Financial institutions and service providers. |
DIFC 3D License | Companies involved in 3D printing technologies. |
DIFC Investment Advisor License | Firms providing investment advisory services. |
DIFC Payment Service Provider (PSP) License | Payment processing and related services. |
Requirement | Details |
---|---|
Physical Presence | Must have a physical office, even if it’s a flexible desk in a co-working space. |
Trading Restrictions | Cannot trade physical products; limited to software, AI, Web3, Blockchain, and other tech solutions. |
Non-Regulated Status | Cannot offer regulated financial services such as financial advisory or money services. |
Technological Solution | Required to provide technological solutions (software, AI, blockchain, etc.). |
Business Activities |
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Computer Consultancies |
Data Classification & Analysis |
Cyber Security Consultation |
Technology R&D |
Web Designing |
Portal Development |
Public Networking Services |
Software House |
Education Technologies R&D |
IT Consultants |
Network Consultancies |
Internet Content Provider |
Electronic Chip Programming |
Internet Consultancy |
Step | Details |
---|---|
Application Form | Complete and submit the official DIFC application form. |
Business Plan | Provide a detailed business plan outlining your company’s objectives, operations, and financial projections. |
Audited Accounts | Submit audited financial accounts for the last three years (if applicable). |
Shareholder & Director Details | Include detailed information about shareholders and directors. |
For financial companies, additional industry-specific documentation may be required.
Step | Details |
---|---|
Initial Approval | Secure initial approval from DIFC Authority for the company registration and entity name. |
Application Submission | Submit the application, including a business plan, company structure, and proof of capital investment. |
Capital Requirements | Private companies: No minimum share capital required. Public companies: Minimum USD 100,000. |