Strategy
DIFC Freezone:
The Dubai International Financial Centre (DIFC) is a globally recognized free zone and financial hub in Dubai. It caters to businesses in finance, fintech, legal, and professional services, offering world-class infrastructure and a robust regulatory environment.
Why Choose DIFC for Business Setup?
DIFC stands out as a premium business destination due to the following:
1. International Standards: Regulated by the Dubai Financial Services Authority (DFSA) with adherence to international laws.
2. Global Connectivity: Located in Dubai, it provides easy access to regional and global markets.
3. Modern Infrastructure: Premium office spaces, IT facilities, and co-working environments.
4. Business-Friendly Environment: Tax benefits, no currency restrictions, and 100% foreign ownership.
Types of Legal Entities in DIFC
DIFC offers various legal structures tailored to business needs:
1. Limited Liability Company (LLC)
2. Branch Office
3. Limited Liability Partnership (LLP)
4. Special Purpose Companies (SPC) for financial or asset-holding purposes.
5. Family Offices
Steps to Set Up a Company in DIFC
Costs Associated with RAK ICC Offshore Company Setup
The cost of setting up a RAK ICC offshore company is competitive and includes:
Required Documents:
- Anti-money laundering completed application form
- If the applicant is opening a branch, company financial position and regulatory history profile
- Detailed business plan
- Details of key controllers, most shareholders having more than 5% shares and key staff certificate confirming the company’s ability to conduct business.
- Company procedure on internal audits and compliance systems
- Audited account report for shareholders of the previous 3 years.
- Proposed applicants’ organizational chart
- Detailed information or data on operating systems and controls
Key Benefits of Setting Up in DIFC
- Robust Legal Framework: DIFC has its own set of laws and courts, ensuring transparency and ease of dispute resolution.
- Tax Benefits: Enjoy 0% corporate tax and personal income tax.
- Access to Talent: Located in a region attracting top global professionals.
- Networking Opportunities: Proximity to leading financial institutions and global corporations.
- Ease of Banking: Access to regional and international banking solutions.
Why Easy Step Consultancy?
Setting up a company in DIFC is ideal for businesses seeking prestige, a strong regulatory framework, and access to global markets. While the setup process and costs may seem substantial, the long-term benefits, including business growth opportunities and a thriving ecosystem, outweigh the initial investment.
For a seamless setup experience, consulting with Easy Step business advisors can streamline your journey.