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A Record Year for DIFC Free Zone Company Registrations

2016 – A Record Year for DIFC Free Zone Company Registrations

February, 2017

The number of new company registrations at the Dubai International Financial Centre (DIFC) Free Zone reached a record high in 2016.

This pleasing result is evidence that international investors, businesses and financial institutions have placed their confidence and trust in DIFC’s world-class, strong and secure business environment.

DIFC provides access to huge wealth and investment opportunities.  It is the ideal base to start a business and prosper from the region’s huge, growing demand for financial services.

Click Here to Speak to an Expert on DIFC Free Zone Company Registration

DIFC tops the list for scores of investors who have chosen to set up their companies there.  DIFC has now become the leading financial centre in the Middle East, Africa and South Asia (MEASA) region.

Here’s How to Start the Setup of Your Company in DIFC – Contact Us

Why You Should Register Your Company at DIFC Free Zone

There are many competitive advantages that make a DIFC Free Zone Company registration a great choice, some of which are:

  • 0% Guaranteed Tax on Income and Profits for 40 Years – DIFC provides 0% taxes on corporate income and profits guaranteed for 40 years.  This superb advantage is even more attractive as the UAE has a large network of double tax treaties.
  • Zero Restrictions on Capital Repatriation – Companies based in DIFC have no restrictions or constraints on capital / profit flows.  Furthermore they can enjoy zero currency exchange controls.
  • 100% foreign ownership – Companies based in DIFC can enjoy 100% ownership.
  • Legal System Based on Laws of England and Wales – DIFC’s legislative system is based on the laws of England and Wales.
  • Independent Common Law Judicial System – DIFC has its own civil and commercial laws and regulations.  It has a complete code of law which governs the regulations for financial services.  DIFC has its own independent judicial system.
  • Independent Regulatory Business Environment – the Dubai Financial Services Authority (DFSA) is the independent regulatory body that grants licenses and regulates the activities of all the financial institutions and banks that operate from DIFC.
  • Perfect Operating Environment – that is compliant with best global practices and international laws and regulations.
  • Strategic Location – between east and west provides access to emerging markets in the region.
  • World-Class Infrastructure – a modern communications, internet and transport infrastructure.
  • Great Service – One-stop shop for visas, work permits and other procedures and access to highly skilled professionals.

Contact Us if You’ve Decided to Start the DIFC Free Zone Company Registration Process

FBS Kotsomitis – How We Can Help

We are pioneer UAE Company Setup Consultants.  Look no further as FBS Kotsomitis can help you deal with all the legal hassle involved in setting up your UAE company as well as handle all your business needs so you can successfully run your business.

Let us Help You Set Up Your Business in One of the most Lucrative Global Business Destinations – the United Arab Emirates – Contact Us

Let us Show You How to Expand Your Horizons and Earn Unlimited Profits – Contact Us

UAE, RAK and Dubai Company Incorporation – 5 Simple Steps

1st Step – Get in Touch With FBS Kotsomitis to set up and license your company in RAK, Dubai or other location in the UAE

2nd Step – Choose UAE, RAK and Dubai Company Type:

Select the Suitable Company Type in Dubai, RAK or other UAE location and the services required from FBS Kotsomitis to run your company.  FBS Kotsomitis serves as a one-stop-shop providing all necessary services and support for your company to operate smoothly.

3rd Step – Begin the Company Registration Process:

UAE, RAK and Dubai Company Registration, Licensing and Residence Visa issuance. We obtain and process all the necessary documents and complete and submit all the necessary applications, supporting you all the way.

4th Step – Open Your Corporate and Personal Bank Accounts:

Select a bank and open company and personal accounts. We assist you in selecting a bank and organize the bank account opening process for you after the registration process is complete.

5th Step – Begin Running your UAE, RAK or Dubai Company with  Continuous Support from FBS Kotsomitis: 

We arrange and provide consulting, document clearing, corporate services of all types including legal, UAE tax and VAT services, accounting, auditing, PRO services for the operation of your company or for your personal needs.

Let Us Show You How to Reap the Benefits of a DIFC Free Zone Company – Contact Us

Read More about DIFC Free Zone Company Registration Fees and Procedures

Types of Companies Located at DIFC

DIFC houses a wide range of companies such as:

  • Regulated companies that provide financial services like banks, wealth and asset managers, insurance companies etc.
  • Market institutions that are authorized to operate exchange or clearing houses.
  • Non-regulated companies like back office administration services and professional support services like accounting, legal, audit, recruitment companies etc.
  • Non-financial businesses such as five star hotels, restaurants, retail outlets.

Click Here to let our Experts Help you Start the DIFC Free Zone Company Registration Process

DIFC Corporate Structures

A diverse range of corporate structures can be incorporated at DIFC – Click Here to Speak to an Expert on DIFC Free Zone Company Formation

Types of Offices at DIFC

At DIFC there are several first class office space options in state-of-the-art commercial business centres and retail buildings with flexible sizes, layouts and floor plans.  Grade A open plan and closed offices come with safety and security systems, IT systems and data solutions.

Clients can opt for serviced offices where they can lease modern, fully equipped and furnished offices with meeting room facilities.  These offices have flexible lease options and are ideal for start-ups and small businesses.

DIFC Residential Facilities

DIFC provides world-class residential facilities with amazing, high quality apartments that are in superb, central locations between old and new Dubai with unique skyline views and landscaped surroundings.

DIFC residents have easy access to nearby schools, top healthcare facilities and health clubs, restaurants, cafes and retail stores.

Some Facts and Figures about DIFC

According to DIFC’s statistics, the DIFC housed 1,648 active registered companies in 2016 compared with 1,445 active registered companies the previous year, meaning an increase of 14% for new company registrations.

This includes 447 financial services companies, meaning an increase of 10% from the 408 financial services companies the previous year.

Also the DIFC housed 976 non-financial services companies in 2016, which is an increase of 17% from last year’s 835 non-financial companies.

The DIFC now employs a workforce of 21,611 professionals, an increase of 9% from 2015.

DIFC has surpassed all its targets for the year 2016 and has achieved substantial growth in all areas.

Contact an FBS KOTSOMITIS Professional if You’ve decided to Set Up a DIFC Company

For More Information on DIFC ….. Click Here

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