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    DIFC Freezone - Smart Ezone

    Setup Your Business in DIFC Free Zone

    The Dubai International Financial Centre or DIFC has a supportive regulatory framework that allows you to establish a fast-growing business here. This strategic hub hosts a diverse range of businesses and lets you enjoy a tax-friendly environment. Talking about the reason behind its popularity and why investors prefer this freezone most is its dynamic ecosystem.

    Along with this, Dubai International Financial Centre free zone visa policies are also appreciated. You don’t need to provide extensive information or get into lengthy paperwork. Biometrics has been introduced now for quick and accurate verification. Meanwhile, you can easily apply for employee visas and even visa holders can sponsor their family members.

    Establish Business in DIFC: Step-by-Step Procedure

    You need to follow various steps while establishing your business in DIFC free zone. Missing a single step can lead to objections, so take care of all the steps to be followed.

    1. Defining Business Activities:

    The first step towards forming your company in DIFC is to describe your business activities whether it is involved in financial or non-financial activities. Consider the goals of your business before finalizing business activities and choose those that comply with DIFC’s framework.

    2. Reserving Company Name:

    After that, you must reserve a legal name defining your business. For registering a name, contact DIFC ROC (Registrar of Companies). Keep in mind that your business name should be legal and do not contain any offensive words.

    3. Application For Initial Approval:

    Now, that you have your business name, it’s time to apply for initial approval to start operating. In the initial approval application, you have to submit details of your business such as a business plan, shareholders details, and related things.

    4. Preparing Legal Documents:

    You must prepare legal documents including a certificate of identity, agreements with shareholders and office space owners, a comprehensive business plan, and a Memorandum and Articles of Association (MOA/AOA). This is how company registration in Dubai International Financial Centre free zone works.

    5. Apply For License:

    After being registered by submitting the legal documents, apply for the relevant license for your business. Meanwhile, consider your business type whether it is financial, non-financial, retail, consultancy, or more, and then apply for the license.

    6. Applying for Visas:

    It’s necessary to apply for a Dubai International Financial Centre free zone visa. Keep in mind that visas will be approved considering your business license type, and the office space. To avoid delays, contact us.

    7. Opening Specified Bank Account:

    It’s necessary to have a corporate bank account to maintain the financial structure of your business and to promote various transactions with clients and customers. There are various international and regional banks in DIFC; you can connect with anyone best to you.

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    Advantages of Business Setup in DIFC

    International Trade Hub:

    DIFC is such a strategic location from where you can easily access various international markets in the Middle East, South Asia, and Africa. You can promote trade globally and make international contacts.

    Complete Rights:

    Foreigners can have 100% ownership rights in this free zone and there’s no need to promote partnership with a local agent.

    Common Laws:

    There are no complex laws in this state. An independent judicial system promotes higher transparency in business operations and profitability.

    Zero Corporate Tax:

    There are no taxes on corporate income and profits, while a 40-year guarantee for zero tax is also there.  This tax-free environment in the free zone is highly attracting investors worldwide.

    Dynamic Ecosystem:

    There are over 3,200 registered firms actively operating in this free zone. Being a part of DIFC means you are directly accessing this dynamic ecosystem.

    Types Of Business Licenses Offered In DIFC

    Commercial License:

    Commercial license type is usually obtained by the companies involved in service operations, goods transportation, import & export, and general trading.

    Financial Services License:

    This license is designed for companies providing insurance and reinsurance services, banking and investment management services, and related ones in the financial sector.

    Professional Services License:

    The companies or agencies that provide services such as consultancy, advisory, company formation, and related obtain this license to ensure compliance with the regulatory framework of the free zone.

    Innovation License:

    The businesses that focus on innovation technologies within the financial sector apply for the license. This license highly supports your presence and helps you grow in the industry.

    Holding Company License:

    This license is designed for businesses with a huge structure and wish to establish a holding structure to manage all the assets and branches at different locations to enjoy tax efficiencies.

    Retail License:

    Businesses involved in retail operations such as shopping malls, retail shops, cafes, and restaurants apply for the license and operate smoothly showing compliance with laws.

     

     

    Business Licensing Requirements in DIFC

    • Your company must have a legal structure showing compliance with the regulatory frameworks of the respected free zone.
    • Must meet the minimum capital requirements considering your business activities.
    • Prepare all the legal documents required for registration and licensing
    • Provide the true information about your business operations and attach copies of your original documents such as identity certificates and agreements
    • Reserve a trade name and an appropriate office space and also share their documents
    • Apply for the license perfectly and pay the particular fee
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    Company Formation Consultant For DIFC Freezone

    Smart Ezone is one of the top-rated Dubai International Financial Centre free zone license and business setup consultants. We help you throughout the procedure of setting up your company in this free zone. Meanwhile, we ensure your applications are filled with the right information, compliance with the rules, and the rest of the steps. 

    With our strategies and business development experience you reduce business expenses, attract investors, build international contacts, and avail growth opportunities. Start today by connecting with Smart Ezone.

      ALL INCLUSIVE LICENSE
      & VISA FOR ONLY AED 13,500

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