Dubai International Financial Centre (DIFC) is a popular business destination in the UAE for financial and non-financial companies. It is one of the most advanced financial centers in the world, offering businesses a range of benefits, such as world-class infrastructure, tax incentives, and a favorable business environment. This article will discuss how to obtain a DIFC license for your business. See over here to know DIFC license cost.
What is a DIFC license?
A DIFC license is a legal document that allows a company to operate in DIFC. There are several types of licenses available, including:
• Retail and non-retail licenses: These licenses are for companies that sell goods or services to the general public.
• Professional services license: This license is for companies that provide legal, accounting, or consultancy services.
• Ancillary services license: This license is for companies that provide marketing, public relations, or human resources services.
• Regulated activities license: This license is for companies that use regulated banking, insurance, or investment services.
How to obtain a DIFC license?
Here are the steps involved in obtaining a DIFC license for your business:
• Choose the type of license required based on the nature of your business.
• Complete the DIFC License Application Form and provide all the necessary information and documents.
• Pay the relevant fees.
• Wait for approval from DIFC.
• Obtain your DIFC license.
Documents required for DIFC license application:
• A business plan
• Passport copies of all shareholders, directors, and managers
• Proof of address for all shareholders, directors, and managers
• Proof of company ownership
• Bank reference letter
• Certificate of incorporation
• Memorandum and Articles of Association
• Audited financial statements
• Professional qualifications and experience certificates for all key personnel
DIFC is one of the most advanced financial centers in the world, offering businesses a range of benefits, such as tax incentives, world-class infrastructure, and a favorable business environment. A DIFC license is a legal document that allows a company to operate in DIFC. Several types of claims are available, including retail and non-retail licenses, professional services licenses, ancillary services licenses, and regulated activities licenses.
The process of obtaining a DIFC license involves the following:
• Completing the DIFC License Application Form.
• Providing all necessary documents.
• Paying the relevant fees.
• Waiting for approval from DIFC.
