Dubai International Financial Centre (DIFC)
Dubai International Financial Centre (DIFC) launched in 2004 is one of the Dubai's independent free-zones. Dubai International Financial Centre is a top ten global financial centre and the leading financial hub in the Middle East, Africa and South Asia (MEASA) region. DIFC has its own independent, internationally regulated regulator and judicial system, common law framework, global financial exchange, tax-friendly regime, and a large business community. Located at the heart of Dubai, DIFC is an independently regulated special economic zone. This autonomy continues to attract premium companies from across the globe such as corporations from the banking services, capital markets, asset management and fund registration sectors, as well as hosting insurance and reinsurance firms, Islamic financial entities, and professional services firms. DIFC was ranked the eighth most prestigious financial centre in the world, with the best services benefitting the companies operating within DIFC.
The given points are the advantages of forming a company in DIFC-
- Dubai International Financial Centre Authority.
- Complete confidentiality.
- No corporate taxes are needed.
- 100% overseas ownership.
- A large range of business automobiles are included.
- A group of expert professionals staying in Dubai and other districts.
Surrounded by a region that is fast developing and rich in natural resources and petro dollars, and combined with a tax friendly authority and laissez-faire attitude towards capital repatriation and movement of funds, DIFC offers an ideal financial destination and powerhouse that is incomparable.
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