Guide to Company Structuring in the DIFC
The Dubai International Financial Centre
The Dubai International Financial Centre (DIFC) has successfully positioned itself as a leading financial services jurisdiction and not just for local business. In addition to being a home of choice for GCC wealth, it is also attractive as a hub jurisdiction for international investments, sitting as it does between Europe, Africa, and Asia.
In this paper, we outline the governance structure of the DIFC as well as the various corporate entities available to international wealth planners. We also look at some of the practical applications these entities are commonly being used for in terms of wealth structuring.
Download the guide to DIFC company structures.
Why structure via the DIFC?
The DIFC is an initiative launched and guided by an economic diversification plan focused on the development and promotion of economic growth, not only in Dubai and the UAE, but the entire GCC region. It is a free zone which is administered by the Government of Dubai and established in accordance with UAE Federal Law and Dubai Law. The current Chairman of the DIFC is His Highness Sheikh Mohammed Bin Rashid Al Maktoum, who is also Prime Minister of the UAE and Ruler of Dubai.
The DIFC is designed to home the financial services industry in the region and is already a major global financial centre, acting as a hub between Asia and Europe. Currently, the DIFC community consists of over 1,500 active registered companies, including some of the world’s largest financial services firms.
In recent years there is an increasing requirement for a financial centre to serve the expanding economies in the GCC, North Africa and India and to act as a bridge between Europe and South-East Asia. The DIFC is centrally located in Dubai and has been designed to exceed demands for a sophisticated international institution with purpose built office space, car parking, infrastructure, and retail space.
Download the full guide to DIFC company structuring.
Enter your details in the form to access the download.