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About Dubai International Financial Centre
Established in 2004, Dubai International Financial Centre has become the leading financial hub in the Middle East, Africa, and Asia region. The free zone offers a conducive business environment for the formation and expansion of existing companies. DIFC is home to over 2500 registered businesses operating in a range of activities including banking, fund management, brokerage, and insurance. The free zone also contains the Dubai International Financial Exchange. Dubai International Financial Centre company formation provides business with an independent legal framework and Court system as well as an independent governing body.
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Why Choose Dubai International Financial Centre
1

100% foreign ownership and repatriation of capital

2

Corporate, income, import and export tax exemptions

3

Sophisticated fund set up and structuring capabilities

4

Advanced data protection facilities

5

Independent legal system and courts based on common law framework

6

A range of office solutions including commercial space, co working space and business centers

7

Main currency of exchange is the US dollar, and all management fees are accepted in dollars as well

8

Independent risk-based regulation authority that grants licenses and oversees all business operations

Types of licenses for DIFC company formation

Commercial license

covers all trading and commercial activities specified by the license

Special licenses

These include licenses according to the specific business activity of the company as well other categories such as short term and restricted licenses

Type of business structure

Companies

  • Can be either a private, public or recognized company

Foundations

  • Can be a foundation or a recognised foundation

Partnership

  • Company structure include two or more partners
  • Includes general partnership, limited partnership, recognized limited partnership and limited liability partnership
DIFC company set up in 3 easy steps
At LegalWorks we will assist you in every step of the DIFC company formation process from the documentation collection for initial approval to payment of registration and license fees. We hope to make the entire process easy and straightforward for you.

Apply for initial approval

Our team of specialists will take you step by step through the initial approval process. We will assist you in determining the license you require according to your business activity and the company structure best suited to your needs. DIFC set up requires the submission of an initial approval along with a few documents such as the business plan, passport copy, certificate of incorporation, and registration fee.

Submit your online application

Once you have received the initial approval, then the license registration process for DIFC company set up can begin, and the required documents submitted. The documents needed for the license include Memorandum and Articles of Association, a comprehensive business plan, Emirates ID, and NOC from the residency visa sponsor.

Payment and collection of license

Our team will assist you in payment of the license fees. A license in DIFC costs AED 12,000 although the exact cost of the license may vary with the type. Once the payment is processed you will receive your license and can begin running your business

Post licensing

Cost of Company Setup

Post licensing

Once you have received your license you can begin the visa process and rent an office space for your newly formed company. DSOA offers multiple office options to companies. Companies with a standard office can rent a minimum space of 100sq.m which costs AED 1,500 per sq.m. The minimum space for an industrial unit is 360 sq.m which costs AED 800 per sq.m. Our team can take you through all office options available and help you choose the right one for your company and number of employees.
DIFC offers leasing options for its companies

Type of office space

Commercial Office

Co-working Space

Size

100 sqm

360 / sqm

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Consult with our Lawyers

With over 15+ years of experience, we’ll ensure you always get the best service.

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700+

Successful Cases

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650+

Satisfied Clients

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500+

Qualified Lawyers

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Why Choose Us?
01

Legal Experts

We have a team of on-board certified lawyers who can provide expert guidance in all business and private matters

02

Swift Legal Solutions

Understanding the time constraints faced by our valued clients, we are dedicated to delivering expeditious and highly efficient legal services in the vibrant city of Dubai.

03

Team Synergy

We build cross-departmental teams and collaborate with external attorneys and lawyers to handle disputes.

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