DIFC Free Zone

Qamar Al Ahmar > DIFC Free Zone

What is DIFC Free Zone?

The Dubai International Financial Centre (DIFC) is a top-tier global business hub for financial services, fintech, legal, and innovation-focused companies. DIFC was founded in 2004 and offers a fully independent regulatory framework, international legal standards, and English as its operating language. It is home to over 5,000 businesses, including banks, investment firms, and legal consultants.

DIFC also launched an Innovation License tailored for Web3, AI, blockchain, and digital tech startups, making it a hotspot for future-focused businesses. It also offers co-working spaces, private offices, and accelerator programs. Companies enjoy 100% foreign ownership, zero taxes on profits for 50 years, and easy access to international talent.

DIFC Free Zone Benefits

Features of DIFC Free Zone

DIFC Free Zone Company Setup

Company formation in 5-10 business days

Easy to Open a Bank Account

Minimal Paper work

100% Foreign Ownership

UAE Investor Visa

0% Income Tax & Withholding Tax.

Dubai International Financial Centre Freezone

Take Your Business to the Next Stage With the DIFC Free Zone

Companies can choose to offer financial services or create other types of businesses. In the DIFC free zone, firms are divided into categories. What their business does decides their category. This further decides the kind of license they need.

Category 1

In DIFC, category 1 activities include banking services. They involve taking deposits from customers and managing an unrestricted profit-sharing account

Category 2

Category 2 activities include being a market maker and providing credit. It involves engaging in investments as the principal entity and offering credit services.

Category 3A

Category 3A involves brokerage services. They include dealing in investments as a matched principal and acting as an agent in investment transactions on behalf of clients.

Category 3B

This category involves custodial services and managing employee money purchase schemes. They include fund custody, trustee roles, operating such schemes, and administering employee money purchase plans.

Category 3C

This category includes asset and fund management. It involves collective investment fund management, custody services, managing private investment accounts, issuing stored value, and providing trust services.

Category 3D

Category 3D is for money service businesses. They involve providing money services. But it doesn’t include issuing stored value (money services).

Category 4

Category 4 is for advising and arranging activities (non-discretionary). They include arranging investment deals, advising on financial products, insurance management, fund administration, trust services, and operating a crowdfunding platform.

Category 5

Category 5 includes Islamic businesses. This involves the operation of businesses adhering to Islamic principles and practices following Sharia.

Start Your FinTech Firm in DIFC Free Zone

Envisioning the future of finance, the DIFC Free Zone is a hub for FinTech and investing. It has business-friendly regulations, startup accelerators, and growth-stage funding. It supports businesses in banking, professional services, insurance, wealth, management, and global firms.

Starting a business in DIFC Free Zone can cost differently based on whether it’s finance-based or not. The cost covers registration, setup, and the DIFC trade license cost. It can be from AED 3,800 to AED 90,000 or more, as per your business type.

Legal Structures in DIFC Free Zone

Three independent bodies make the rules for the DIFC Free Zone: Dubai International Financial Centre, Dubai Financial Services Authority, and Dubai International Financial Centre courts. DIFC lets you start a business using Companies Law, Limited Liability Partnership Law, General Partnership Law, Limited Partnership Law, Non-Profit Incorporated Organisations Law, and Foundations Law.

Companies

You can set up your business limited by shares as a Public Company (PLC), a Private Company (LTD), or a branch office of an established foreign company (Recognised Company) within DIFC. You can also move your existing firm’s incorporation to DIFC from another jurisdiction.

Partnerships

You can set up partnership structures such as a Limited Liability Partnership (LLP), General Partnership (GP), or Limited Partnership (LP), or a branch of a foreign Limited Liability Partnership (RLLP), foreign general partnership (RP), or pre-existing limited partnership (RLP). You can also move an existing limited partnership to DIFC (Continued LP).

Non-Profit Incorporated Organizations (NPIO)

NPIO is a legal entity with no shares or members needed. You can register your firm as NPIO or move your current non-profit firm to DIFC (Continued NPIO) from another jurisdiction.

Foundations

You can register a new foundation or add a branch for one already existing (recognized). You can also move an existing foundation to DIFC (Continued Foundation) from another jurisdiction.

Why Qamar al ahmar for Setting Business in DIFC Free Zone?

Located in Dubai, Qamar al ahmar provides comprehensive, efficient, and seamless support tailored to your needs to establish your business in the DIFC Free Zone. We assess your requirements to determine DIFC’s regulatory framework and strategic positioning suited for your business.

Still Confused about taking your decision?

Proven Success

Avyanco has a track record of successful DIFC Free Zone setups. Join the thriving businesses that have flourished under our guidance.

Customer-centric Approach

We go above and beyond for our customers. We want to give you the best service possible at every step. Your success is what motivates us.

Financial Know-how

Our experienced finance team is here to help you. We excel at streamlining their economic perspectives, simplifying complex processes, and ensuring efficient financial management. Your financial well-being is our top priority.