The types of licenses offered by DIFC include:
There are many benefits to setting up your business in the DMCC, such as:
- Professional services
- Regulated / non-regulated business
- Proprietary investment
- Holding / regional headquarters
Reasons to establish your business in the DIFC free zone
- 100 percent foreign ownership
- 0% tax rate on both income and profits for up to an impressive 40 years from the moment you start your business
- No restrictions on the repatriation of capital and profits
- Countless opportunities that may arise from UAE’s expansive network of double taxation treaties
- International legal system based on English Common Law
- An internationally acclaimed, autonomous regulatory organization working in tandem with other financial regulators around the globe
- A transparent environment that complies with global best practices and internationally accepted regulatory processes and laws
- Excellent infrastructure
At InstaCo, we offer comprehensive end-to-end services to assist you in navigating the process of establishing your business in DIFC. Our team of professionals will be there by your side, providing support every step of the way; making sure that you do not miss out on any opportunity. Get in touch with us today to learn more about our hassle-free solutions and see how we can help you realize your dreams.
What are the requirements to obtain a DIFC license in UAE?
If you are a firm interested in providing financial services from the DIFC, you must submit an application to the Dubai Financial Services Authority (DFSA). Depending on the type of business an applicant wishes to pursue, they must obtain a specific license to operate. For instance, a company that engages in consulting or setting up activities will require a DIFC Category 4 license.
On the other hand, discretionary portfolio administrators necessitate a DIFC 3C license. STP brokers dealing on an equivalent principle foundation should obtain a DIFC Category 3A license, whereas those offering credit services and market making must secure a DIFC 2 license. Banks that accept deposits come under the jurisdiction of a full-fledged DIFC Category 1 license. As such, the requirements for all DIFC free zone license categories vary and must be met to receive approval of your application.
What is the DIFC license cost?
The cost associated with setting up a business in the DIFC depends on your chosen category and the type of services you wish to provide. In general, the DIFC license cost is relatively higher than that of some other free zones in Dubai, which might be due to its robust regulatory system.
Why choose us for DIFC license in UAE?
InstaCo is a leading business setup and licensing services provider in the UAE. We are committed to providing our clients with tailored solutions that meet their individual requirements. With our comprehensive understanding of the DIFC’s regulatory guidelines, we can easily help you obtain your DIFC free zone license without hassle. Our experienced professionals work diligently to ensure that all documentation is completed accurately and your application is approved promptly. Furthermore, we provide assistance throughout the process, so you don’t have to worry about potential setbacks or delays. Get in touch with us today for more information on how we can assist you in obtaining a DIFC license quickly and efficiently!
We look forward to hearing from you soon!