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New Chinese and Indian Banks at Dubai International Financial Centre Soon

New Chinese and Indian Banks at Dubai International Financial Centre Soon

July, 2017

Dubai International Financial Centre (DIFC) has revealed that various top Chinese and Indian banks are in the process of obtaining banking licenses and will be shortly setting up operations at DIFC.

A number of leading Chinese and Indian banks are already operating from DIFC.  In the next year or so DIFC expects to house another 10 Chinese and Indian banks, although the names of the banks haven’t been mentioned, according to a Gulf News report.

A strong interest from Asia’s top banks and financial institutions can only be positive for DIFC and the economy of Dubai on the whole.

It goes without saying that increased interest for new company formations in DIFC and other Dubai free zones is strongly anticipated.

DIFC provides an environment for huge wealth and investment opportunities.  It is the ideal platform to set up a business and prosper from the region’s huge demand for financial services.

Click Here to Make the Right Move – Start Your DIFC Company Formation

Top global banks and financial institutions are highly attracted to DIFC’s world-class, strong and secure business platform and find in DIFC the growth opportunities they are looking for.

DIFC’s future growth strategy will continue with a focus on Asia with expected interest from financial institutions in South Korea and Japan.

Read More about DIFC Company Formation Fees and Procedures 

Contact Us to Capitalise on the DIFC Tax and Other Unique Benefits

The Competitive Advantages of a DIFC Company Formation

A DIFC company formation means that investors can enjoy the following:

  • 100% foreign ownership of the company
  • 0% tax on income and guaranteed profits for 50 years
  • No exchange controls
  • Double taxation treaties for companies set up within the UAE
  • Access to huge investment opportunities
  • A number of legal vehicles due to capital structuring flexibility
  • Legal system based on Common Law of England and Wales
  • Independent, common law judicial system
  • Strong and simple laws and regulations
  • Operating environment in line with best global practices and international laws and regulations
  • One-stop services for visas, work permits and other company formation procedures
  • A world-class, unique communications, internet and transport infrastructure
  • Access to pools of skilled professionals

FBS Kotsomitis and DIFC Company Formation

We Know the Ins and Outs of DIFC Company Formation – Contact Us for Guidance

FBS Kotsomitis is a leading provider of UAE corporate solutions for those wishing to establish a presence in the UAE.

If You are an Investor or an Entrepreneur and You are Interested in Establishing a Company in Dubai, Ras Al Khaimah or any Other Location in the UAE, Click Here to Contact Us

Our professional business setup consultants will guide you through the whole process of your Dubai International Financial Centre (DIFC) company formation.

Seeking the services of professional business setup consultants like FBS Kotsomitis really is your best option.  Our consultants will manage the whole company formation process for you ….. from start to finish….

Our professional consultants will:

  • Offer guidance regarding licensing
  • Offer guidance on the most suitable free zone for your needs
  • Offer guidance on the ideal company type for your needs
  • Liaise with government authorities on your behalf and handle all applications and other necessary documents
  • Register your company
  • Arrange your corporate and personal bank account opening
  • Provide nominee services
  • Arrange for leasing of the required facilities
  • Arrange for issuing of visas
  • Handle Emirates ID’s
  • Handle medical tests

…. and more

Follow Our 5 Steps for Your Dubai International Financial Centre (DIFC) Company Formation

You can set up your DIFC Company by following the FBS Kotsomitis 5 easy steps. Start Here with Step 1: Get in Touch With Us

Click Here for More Details on the 5 Steps for Your Dubai International Financial Centre company formation

Areas of Business at DIFC

DIFC houses a diverse range of financial and non-financial companies from all over the world.

Banks

Many banks and brokerage firms are housed at DIFC.

The DIFC’s legal and regulatory platform has attracted banks that provide a host of services such as:

  • Commercial Banking
  • Investment Banking
  • Project and Infrastructure Funding
  • Treasury Services
  • Trade and Export Finance
  • Correspondent Banking

Insurance

Top global and regional insurers, reinsurers and brokers are based at DIFC and take advantage of its world-class infrastructure, regulations and legislation.

Global insurance companies have in many cases joined forces with regional companies to serve the region’s high demand for insurance and reinsurance services.

Wealth and Asset Management

DIFC’s legislative and regulatory platform offers an attractive, secure environment for the growth of the Fund Management sector.  DIFC’s environment provides an attractive proposition for the management, domiciliation and distribution of funds.

The region benefits from a vast pool of wealth and a growing appetite for specialist investment products. This supportive legislative and regulatory regime is why the DIFC has been chosen by around 200 active wealth and fund management firms as a strategic hub to help grow their businesses.

SUPPORTING FUND MANAGERS.

Given the “light touch” approach of the DFSA with respect to QIFs and the relative speed in setting up QIFs, a number of regional managers have recently chosen to domicile funds in the DIFC as QIFs, rather than in other offshore or tax-free jurisdictions.

Brokerage and Capital Markets

Nasdaq Dubai (previously known as Dubai International Financial Exchange) is housed at DIFC.  Nasdaq Dubai lists equities, equity derivatives, Sukuk (Islamic bonds), structured products and conventional bonds.

DIFC offers an ideal environment for investment banks and financial institutions to provide the below services to the region:

  • Venture capital
  • Private equity
  • Underwriting
  • Trade finance
  • Private banking
  • M & A advisory
  • Brokerage service

Contact us to Discuss Your DIFC Company Formation Needs and for Guidance and Consulting

Professional Services Providers

DIFC has attracted a broad range of professional service providers in the fields of:

  • Accounting and audit
  • Consulting
  • Legal
  • Compliance
  • Risk management
  • Data and research providers
  • Recruitment

Corporate Offices

DIFC is the ideal location for corporate headquarters and management offices.

DIFC also offers corporates free capital movement as well as flexible labour rules and regulations.

Corporate offices can also operate their treasury activities, including foreign exchange hedging and liquidity management via the Dubai International Financial Centre.

Types of Corporate offices based at DIFC:

  • Holding Companies
  • Managing Offices (including Treasury Centres)
  • Proprietary Investments Firms
  • Special Purpose Companies (SPC)
  • Single Family Offices

Retailers

DIFC’s has superb business and lifestyle amenities

There are 3 retails zones at DIFC:

  • Gate Village (next to The Gate) – art galleries, fine dining facilities
  • Marble Walk (beneath The Gate) – casual dining, retail shops and other services
  • The Balcony (terrace surrounding The Gate) – casual dining

Make a Difference – Contact Us for Your DIFC Company Formation

Prices and Start-Up Packages:Fees for the First Year and Subsequent Years
RAK ICC Offshore Company Registration for $1025Company Formation Fees and Annual Fees
Dubai or RAK Free Zone Company Formation for $3100Incorporation Fees and Annual Running Fees
UAE VAT, Tax, Accounting and Other FeesFees for Other Services
Click Here For 5 Steps Dubai, RAK And UAE Company FormationEmail us Now to Get Quotation
UAE Company Formation Packages
Start-up Fee PackagesCompany Set-up in Dubai, RAK and UAE
UAE Offshore Company FormationStartup Fee Package - 1st year

By forming an offshore company in the UAE you can have a UAE address and run your business tax free internationally, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK

Dubai  Offshore Company: $2100 + annual fees $1840 = $3940


Ras Al Khaimah - RAK ICC: $1025 formation + $1840 annual fees = $2865

Free Zone Company Incorporation in the UAEStartup Package - 1st year

By setting up a free zone company in the UAE you can enjoy the privileges of onshore presence and UAE and international trading  tax free, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK. Residence Visa is given to investors and staff.

Dubai Free Zone Company: $3100


RAK Free Zone Company: $3100


Sharjah Free Zone Company: $3100


Abu Dhabi Free Zone Company: $3100

Extra UAE Company Set-up Services on requestPrices

Virtual office, telephone  answering, mail forwarding, accounting, tax and VAT services and consulting, PRO services and Visa processing

On request - we price our services very competitively and are flexible to find fair agreements with clients

Offshore Companies and Free Zone Companies in Dubai, RAK and UAE
RAK Offshore Company - RAK ICCDubai Offshore Company - JAFZA
DMCCRAK Trade Free Zone
DAFZAAjman Free Zone
JLTRAKIA - RAK Investment Authority

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