Since its establishment in 2004, DIFC has become the premier global financial center in the Middle East, Africa and South Asia. In recent years, Chinese financial institutions and multinational companies have set up operations in DIFC, further consolidating its position as a strategic gateway to the Middle East market. In 2024, DIFC has witnessed strong interest from banks, wealth and asset management companies, large enterprises and insurance industry organizations.

Table of Contents

DIFC Company Registration Advantages DIFC Company Registration Requirements DIFC Company Registration Process DIFC Company Maintenance

DIFC Company Registration Advantages

Strategic location: DIFC connects the eastern and western time zones and is the gateway for businesses and financial companies to enter the Middle East, Africa and South Asia markets.

Legal and regulatory: DIFC has an independent judicial system and regulatory agency (Dubai Financial Services Authority DFSA), providing a transparent, efficient and business-friendly environment.

Tax incentives: DIFC guarantees zero tax on corporate income and profits for 40 years, and has signed double tax avoidance treaties with other countries and regions to enhance tax incentives.

Financial services: DIFC is one of the free trade zones with the most greenfield foreign direct investment (Greenfield FDI) projects in the world, attracting a large number of multinational companies in the financial, banking, legal services and other industries.

Innovation and development: DIFC attaches importance to financial technology and innovative development, providing a good growth environment for companies in related fields.

DIFC Company Registration Requirements

Unique company name: Provide at least 3 unique company name alternatives and ensure that these names do not overlap with existing companies and comply with DIFC naming rules.

Clear business scope: The company's business scope and purpose of activities need to be described in detail to ensure that the company can conduct business legally and in compliance with regulations.

Comply with prescribed capital requirements: DIFC has different capital requirements for different types of companies. It is necessary to prepare the corresponding registered capital according to the type of company and ensure that the source of funds is legal.

Professional directors and shareholders: At least one director needs to be appointed and the number of shareholders and shareholding ratios need to be confirmed. Directors and shareholders need to meet the relevant requirements of DIFC, including having relevant professional qualifications and experience.

Compliant business plan: A detailed business plan needs to be submitted to explain the company's business model, operating plan, compliance strategy, etc. to prove that your company is feasible and sustainable.

Added registration conditions:

Local registered agent: When registering a company in DIFC, a local registered agent needs to be appointed. The agent will be responsible for handling all amendments, establishment and issuance of certificates related to DIFC. Ensure that the company can communicate and collaborate with DIFC smoothly.

DIFC Company Registration Process

1. Sign the agency agreement;

2. Provide, organize, sign and confirm the registration information: company name, shareholder or holding company authorization, shareholder passport or holding company registration certificate articles and board resolutions, company structure chart, manager education, business scope, registered capital, registered address, company members, registration application form, KYC form, articles of association, shareholder resolutions, lease contracts, etc.

3. Submit the registration and obtain information: registration certificate, license, equity register, articles of association.

4. Visa application

5. Enter the country and apply for an ID card;

6. Bank account opening: Zhuoxin Enterprise has close cooperation with FAB, RAK, MAShq, ADCB, ENBD, and CBD. You can choose a bank according to your needs, and our company will assist in arranging account opening.

DIFC Company Maintenance

1. License renewal: renewal of license, renewal of office address, renewal of permit;

2. Accounting and auditing.

3. Company cancellation: registration and liquidation, cancellation of company card, visa, company liquidation report.

4. Company changes