> Dubai International Financial Centre (DIFC)

Dubai International Financial Centre (DIFC)

Dubai International Financial Centre (DIFC)

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Dubai Free Zone

Dubai International Financial Centre (DIFC)

Dubai International Financial Centre (DIFC) holds a prominent position as the primary global financial center in the Middle East, Africa, and South Asia (MEASA) region. With nearly two decades of experience, DIFC has played a pivotal role in facilitating trade and investment flows throughout MEASA, a region encompassing 72 countries and boasting a combined population of around three billion people.

DIFC Authority

Provides an independent legal framework, based on international standards of justice and English common law.

Dubai Financial Services Authority

Regulates all financial services activities carried out in and from the DIFC.

DIFC Courts

Administers an independent English common law judiciary.

Free Zone

Offers benefits including 100% foreign ownership, no restriction on capital repatriation, tax advantages

 

Services Offered

Benefits of setting up a company in DIFC

DIFC is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA) region. Total size of Wealth & Asset Management (WAM) stands at $700 Bn in the DIFC.

Global Financial Hub

Robust Legal & Regulatory Framework

Attractive Tax Environment

Innovation & FinTech Ecosystem

100% Ownership & Strategic Access

Wealth Structuring & Asset Protection

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Trust, company and foundation services

DIFC Innovation License Requirements

The DIFC Innovation Hub is a complete business ecosystem for Tech Start-ups within the prestigious DIFC jurisdiction. We are introducing the most subsidised Business License for Emerging Tech Companies!

Trust, company and foundation services

DIFC Innovation License Requirements

The DIFC Innovation Hub is a complete business ecosystem for Tech Start-ups within the prestigious DIFC jurisdiction. We are introducing the most subsidised Business License for Emerging Tech Companies!

The following proofs are required for all company members including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons.

Note: Please ensure the certified true copy (scanned version) of your identity and address proof contains sufficient details and exact wording as the sample →

License type
Banks
Activities
Accepting deposits Managing a Profit Sharing Investment Account (PSIAu)
Base Capital
US$ 10,000,000

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
Market maker, provider of credit
Activities
1. Dealing in investments as principal (Not as matched principal) 2. Providing credit 3. Can conduct other financial services in other categories but not those from Category 1
Base Capital
US$ 2,000,000

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
Brokerage (forex, commodity, and derivatives)
Activities
1. Dealing in investments as principal where it does only so as a matched principle. 2. Dealing in investments as agent. 3. May be authorised to conduct other financial services found in Category 3C or 4.
Base Capital
US$ 500,000

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
Brokerage (forex, commodity, and derivatives)
Activities
1. Dealing in investments as principal where it does only so as a matched principle. 2. Dealing in investments as agent. 3. May be authorised to conduct other financial services found in Category 3C or 4.
Base Capital
US$ 500,000

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
Discretionary Asset Management (Fund Manager) and issuer of stored valued managing client portfolios on a discretionary basis, under a client mandate.
Activities
1. Managing assets 2. Managing a Collective Investment Fund 3. Providing custody (other than for a fund) 4. Managing a PSIAu (received on a restricted basis) 5. Providing trust services as a trustee of an express trust 6. Providing money services (where it issues Stored Value). 7. Can also provide financial services in Category 4, but cannot provide financial services in categories 3A or 3B.
Base Capital
US$ 500,000 base capital requirement for 3C Fund Manager – US$ 140,000 (US$ 70,000 to manage exempt funds/QIFs). Expenditure based capital requirement of 18/52 of annual operating expenditure (as the Fund Manager will hold or control client Money)

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
Money Service Business
Activities
1. Money services including providing or Operating a payment account, executing payment or issuing payment instruments. 2. Can also provide financial services in Category 4 but cannot provide financial services in categories 1, 2, 3A or 3B, 3C or 5.
Base Capital
US$ 200,000 expenditure-based capital requirement of 9/52 of annual operating expenditure

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
1. Investment Advisory 2. Non-discretionary asset management service, making recommendations and dealing on an execution only basis
Company Members
1. Arranging deals in investments 2. Advising on financial products 3. Arranging custody 4. Insurance intermediation 5. Insurance management 6. Operating an alternative trading system 7. Providing fund administration 8. Arranging credit and advising on credit 9. Operating a crowdfunding platform 10. Providing trust services (other than as a trustee of an express trust).
Base Capital
1. US$ 10,000 Operating a crowdfunding platform while holding Client funds 2. US$ 140,000 Expenditure-based capital requirement of 6/52 of annual operating expenditure (18/52 if will holding or controlling Client Money).

To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.

License Type
Islamic Financial Institution
Activities
To carry out its entire business in accordance with the principles of Sharia and manages a profit-sharing investment account (received on an unrestricted basis).
Base Capital
US$ 10,000,000

The benefits of startup licences have been given to tech startups in education and regulatory technology. DIFC has over 700 innovation licenses.

This license offers significant discounts on initial and ongoing fees, no paid up share capital requirements, access to world-class coworking spaces at competitive prices, and integration into an ecosystem comprising technology companies, investors, and the region’s leading venture capital funds.

DIFC offers commercial licences to artificial intelligence (AI) and Web3 businesses at a 90% subsidy.

License type
AI Innovation
Activities
Accepting deposits Managing a Profit Sharing Investment Account (PSIAu)
DIFC Innovation License Requirements

Foundations, unlike trusts, are independent legal entities and are versatile tools used for family wealth planning, philanthropy, business holdings, asset protection and real estate holding within the UAE.

Foundations can apply to be treated as Unincorporated Partnerships for tax purposes (taxed at 0%) if following conditions are met 

i) established for the benefit of natural persons or a public benefit entity 

ii) primarily managing assets or funds 

iii) not conducting business activities and 

iv) not primarily aiming to avoid taxes under UAE CIT.

License Type
Market maker, provider of credit
Activities
1. Dealing in investments as principal (Not as matched principal) 2. Providing credit 3. Can conduct other financial services in other categories but not those from Category 1
Base Capital
US$ 2,000,000

DIFC is the ideal hub for corporates and professional service providers. The Centre also offers a stable platform to manage regional activity. Some of the activities are listed below:

Activities
1. Accountants 2. Legal consultants 3. Management consultancies 4. Restaurants and coffee shops
Base Capital
US$ 500,000

A prescribed company is ideal for holding companies, managing office and/or proprietary investments.

It is cheap and easy to set up.

Prescribed companies can only be registered for a qualified purpose or by a qualified applicant.

It is also ideal for succession planning, managing business continuity and ring-fencing assets.

The estimated timeline to register a prescribed entity is four weeks following issuance of corporate bank account numbers 8 to 10 weeks thereafter.

License Type
Brokerage (forex, commodity, and derivatives)
Activities
1. Holding Company 2. Managing Office 3. Proprietary Investment 4. Investment in Real Estate 5. Investment in Agricultural Enterprises & Management 6. Investment in Commercial Enterprises & Management 7. Investment in Educational Enterprises & Management 8. Investment in Healthcare Enterprises & Development 9. Investment in Industrial Enterprises & Management 10. Investment in Oil & Natural Gas Project 11. Investment in Retail Trade Enterprises & Management
Base Capital
US$ 500,000
Our Process
Company setup in DIFC: Pre-incorporation steps

A streamlined workflow covering incorporation, licensing, tax registration, and residency to set up your Free Zone company with a smooth and efficient process.

Consultation phase

Before starting the DIFC company incorporation process, our client explains their existing and proposed business activities, business goals, and requirements for the new entity. ACCLRT and our client plan the optimal structure for the entity and agree on 

i) engagement fees payable 

ii) potential licensing requirements and 

iii) details of directors and share allocation;

Planning phase

Our firm takes all information provided to plan the process in detail, including 

i) Dubai business incorporation, 

ii) multi-currency corporate bank account opening and 

iii) securing applicable licenses.

This phase sets client expectations and seeks to minimise disruption until project completion. Our deliverable is a step-by-step project plan.

Business plan and financial projections, Letter of Intent (LoI) and initial assessment by the authorities

As per the client’s information, our incorporation team 

i) drafts a detailed business plan, 

ii) drafts a Letter of Intent (LoI), and 

iii) requests a meeting with DIFC authority and DFSA.

During this first meeting, the authority will informally review the application and consider the applicant’s suitability and the licence category. The authority will also supply a list of required documents to ACCLRT.

Company setup in DIFC: Incorporation steps
Document submission

ACCLRT submits the quality incorporation application online.

In-Principle approval

Following a detailed review of the business plan, application and documents, DIFC authority 

i) confirms name reservation and 

ii) issues an In-Principle Approval Certificate. Note that it is usual for the authorities to revert multiple times during this pre-approval stage, requesting additional documents and information.

Consequently, the process usually takes a minimum of four months. Once In-principle approval is issued, it is valid for three months.

Document attestation

We supply our client with a complete list of documents that require attestation at the UAE embassy in the country of origin. We assist them in documents submission as well.

DIFC company incorporation and registration

The attested documents and the In-Principle Approval certificate are submitted to the Registrar of Companies (ROC). The ROC issues a provisional Certificate of Incorporation;

Bank account for the DIFC company and deposit of capital

Our team assists the client to open a Dubai corporate bank account for their business within five weeks. It is compulsory for the client to travel to Dubai for an hour-long interview with the bank officer before opening the account. Immediately, after getting the corporate bank account number, our client deposits the paid-up share capital.

Office premises

Simultaneously with the step above, we assist our client in locating office space and signing a year’s long lease agreement. This step is necessary before the licence. Fortunately, DIFC offers a wide range of office options. From co working space to business centres, DIFC caters to all the clients with relevant options.

License issuance

Within one week of ACCLRT submitting to DIFC and DFSA 

i) a certificate of capital deposit 

ii) signed lease agreement, and 

iii) a payment slip for the payment of office rental fees, DIFC Authority issues the commercial licence. Our client can now conduct business in the UAE.

Company setup in DIFC: Post incorporation steps
Additional registrations

Now that the company is fully incorporated, we can register the entity for Value Added Tax (VAT), Corporate Income Tax (CIT) and apply for employee visas;

Registration completion

Following the receipt of all necessary approvals and documents, ACCLRT emails the complete company kit to our client, including original corporate documents, unopened bank correspondences, and a feedback survey to ensure client’s expectations were met during the entire engagement period.

Statutory compliances:

Our client must appoint a Dubai qualified auditor within one month of registration, submit quarterly VAT reports, and prepare annual audited financial statements. Depending on the business category, additional financial reporting may be needed.

Expertise

Our team consists of experienced marketing professionals with a proven track record across various industries. With deep expertise in the latest marketing trends, best practices, and social platform technologies, we provide valuable insights and strategic recommendations to help businesses thrive.

Our Services

Comprehensive Solutions

We Analyze, Strategize, and Drive Results. No matter the challenge—big or small—we deliver solutions for lasting growth.

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