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DIFC Freezone

Dubai Freezone Company Formation

Explore the DIFC Free Zone (Dubai International Financial Centre), one of the world's most dynamic financial spaces. Gain many prospects for growth and innovation. Tap on a great ecosystem that ensures your business's success. See a smooth blend of global accessibility, business-friendly rules, and modern infrastructure.

DIFC Company Formation

Benefits

Major Benefits of a DIFC Free Zone Business Setup

Feature

DIFC Free Zone Company Setup

company-formation-in-1-2-business-days

Company formation in 5-10 business days

Easy to Open a Bank Account

Documents

Minimal Paper work

100% Foreign Ownership

100% Foreign Ownership

Investor Visa

UAE Investor Visa

Investor Visa

0% Income Tax & Withholding Tax.

DIFC - Dubai Freezone

Start Your FinTech Firm in DIFC Free Zone

Envisioning the future of finance, the DIFC Free Zone is a hub for FinTech and investing. It has business-friendly regulations, startup accelerators, and growth-stage funding. It supports businesses in banking, professional services, insurance, wealth, management, and global firms.

Starting a business in DIFC Free Zone can cost differently based on whether it’s finance-based or not. The cost covers registration, setup, and the DIFC trade license cost. It can be from AED 3,800 to AED 90,000 or more, as per your business type.

Dubai International Financial Centre Freezone

Take Your Business to the Next Stage With the DIFC Free Zone

Companies can choose to offer financial services or create other types of businesses. In the DIFC free zone, firms are divided into categories. What their business does decides their category. This further decides the kind of license they need.

Category 1

In DIFC, category 1 activities include banking services. They involve taking deposits from customers and managing an unrestricted profit-sharing account.

Category 3C

This category includes asset and fund management. It involves collective investment fund management, custody services, managing private investment accounts, issuing stored value, and providing trust services.

Category 2

Category 2 activities include being a market maker and providing credit. It involves engaging in investments as the principal entity and offering credit services.

Category 3D

Category 3D is for money service businesses. They involve providing money services. But it doesn't include issuing stored value (money services).

Category 3A

Category 3A involves brokerage services. They include dealing in investments as a matched principal and acting as an agent in investment transactions on behalf of clients.

Category 4

Category 4 is for advising and arranging activities (non-discretionary). They include arranging investment deals, advising on financial products, insurance management, fund administration, trust services, and operating a crowdfunding platform.

Category 3B

This category involves custodial services and managing employee money purchase schemes. They include fund custody, trustee roles, operating such schemes, and administering employee money purchase plans.

Category 5

Category 5 includes Islamic businesses. This involves the operation of businesses adhering to Islamic principles and practices following Sharia.

Legal Structures in DIFC Free Zone

Three independent bodies make the rules for the DIFC Free Zone: Dubai International Financial Centre, Dubai Financial Services Authority, and Dubai International Financial Centre courts. DIFC lets you start a business using Companies Law, Limited Liability Partnership Law, General Partnership Law, Limited Partnership Law, Non-Profit Incorporated Organisations Law, and Foundations Law.

Companies

You can set up your business limited by shares as a Public Company (PLC), a Private Company (LTD), or a branch office of an established foreign company (Recognised Company) within DIFC. You can also move your existing firm's incorporation to DIFC from another jurisdiction.

Partnerships

You can set up partnership structures such as a Limited Liability Partnership (LLP), General Partnership (GP), or Limited Partnership (LP), or a branch of a foreign Limited Liability Partnership (RLLP), foreign general partnership (RP), or pre-existing limited partnership (RLP). You can also move an existing limited partnership to DIFC (Continued LP).

Non-Profit Incorporated Organizations (NPIO)

NPIO is a legal entity with no shares or members needed. You can register your firm as NPIO or move your current non-profit firm to DIFC (Continued NPIO) from another jurisdiction.

Foundations

You can register a new foundation or add a branch for one already existing (recognized). You can also move an existing foundation to DIFC (Continued Foundation) from another jurisdiction.

Required Documents

Find below the list of documents required for DIFC company formation.

Individual Shareholder
  Mandatory
Passport Copy (Valid for at least 6 months) 
Visa Page Copy (if applicable) 
Emirates ID (if applicable) 
Passport-sized Photos 
Personal Information Sheet or Application Form 
3 Name Choices 
Corporate Shareholder
  Mandatory
Company Trade License / Certificate of Incorporation 
Memorandum of Association 
Board of Resolution for Company Setup and Appointment of Authorized Signatory 
UBO List 
Incumbency Certificate 
3 Name Choices 
Passport copy of Company Manager 
Visa copy of Company Manager 
Emirates ID of Company Manager 

Note*  The list of document requirements is subject to change as per the desired license activity and DIFC Freezone authority.

Timeline

An estimated timeline for company setup in DIFC is mentioned below for your reference.

Submit Your Application & Issuance Of Trade License And Company Formation Documents

Day 1

Immigration Card & E-channel Application Issued

Day 5

Entry Permit, Change Status, Medical, Emirates ID Issued

Day 8

Investor Visa Issued

Day 10
Business Setup Process - DIFC Freezone

Steps for DIFC Free Zone Dubai Company Formation

1.-Select-The-Right-Jurisdiction  

Choose a License Type

Choose the type of business license available with DIFC Free Zone.

2. Lease an Office Space

 

Lease an Office Space

Find a suitable office in DIFC that suits your business. Consider its location, size, and facilities. Then, sign a lease contract for it.

4. Pay Registration and License Fees

Pay Registration and License Fees

Once your papers are approved, pay fees for registration and your license. These fees cover the cost of processing your application and giving you the right licenses.
 
6. Office space selection

Start Business Operation

When you have your trade license and your office is set up, you can start your business in the DIFC Free Zone. You can also hire staff if needed.

Why Avyanco for Setting Business in DIFC Free Zone?

Located in Dubai, Avyanco provides comprehensive, efficient, and seamless support tailored to your needs to establish your business in the DIFC Free Zone. We assess your requirements to determine DIFC’s regulatory framework and strategic positioning suited for your business.

  • Legal Assistance
  • Continuous Support
  • Strategic Insights

Still Confused about taking your decision?

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  • Proven Success

    Avyanco has a track record of successful DIFC Free Zone setups. Join the thriving businesses that have flourished under our guidance.

  • business setup expert team

    Customer-centric Approach

    We go above and beyond for our customers. We want to give you the best service possible at every step. Your success is what motivates us.

  • Financial Know-how

    Our experienced finance team is here to help you. We excel at streamlining their economic perspectives, simplifying complex processes, and ensuring efficient financial management. Your financial well-being is our top priority.

Meet Our Specialists

Our skilled experts bring industry know-how. They have vast experience and a united focus on your success. When you work with us, you’re making your business goals real with our support every step of the way.

Success Stories

Join 10,000 Happy Customers

Don't just take our word for it. Hear from entrepreneurs who have successfully established their businesses in Dubai. Learn from their experiences and gain insights into the possibilities that await you.

Popular Questions

DIFC Free Zone Frequently Asked Questions

What is the minimum share capital requirement at DIFC Free Zone?

A company set up in the DIFC Free Zone must possess a minimum share capital of 1 share of AED 1,000/each. But branch firms have more flexibility in this regard. They don’t need a minimum share capital upfront. This makes it easier for foreign businesses to set up in DIFC.

How long does starting a company in the DIFC Free Zone take?

Usually, it takes 1-2 weeks to set up a company in the DIFC Free Zone. This depends on meeting requirements and getting approvals. Being careful with these factors can make things faster and smoother when starting your business there.

What amenities can you find at DIFC Free Zone?

The DIFC Free Zone has many amenities for businesses. It has government centers, corporate event venues, food courts, banks, and other business support service providers. They all operate under a single space.

Can I hire employees from outside the UAE for my DIFC business?

Yes, DIFC is a global business hub and friendly to international talent. It has flexible labor laws. This makes it easy for businesses to hire people from other countries.

What is the DIFC Metaverse Accelerator Programme?

The ‘DIFC Metaverse Accelerator Program’ is part of Dubai’s plan to grow its economy and create jobs. By 2030, they want to make $4 billion, create 40,000 virtual jobs, and get 1,000 blockchain and metaverse tech companies to come to DIFC. The first ‘DIFC Metaverse Accelerator Program’ got more than 160 applications from the UAE, UK, US, India, and France. They were mainly from the Metaverse, AI, Web3, AR/VR, and Blockchain fields.

What is the DIFC International Digital Economy Court?

The DIFC International Digital Economy Court is the world’s first global court just for the digital economy. The court aims to make a legal environment that helps digital businesses grow and stay.

Is DIFC only for financial companies?

No, non-financial firms from various sectors can also work in the DIFC Free Zone.