The Dubai International Financial Centre (DIFC) is the #1 financial centre for the Middle East, Africa and South Asia (MEASA) region, providing a world-class platform connecting this region’s markets with the economies of Europe, Asia and the Americas. It also is facilitating the growth in South-South trade and investment flows. An onshore, international financial centre, DIFC provides a stable, mature and secure base for financial institutions to develop their wholesale businesses.
DIFC is one of Dubai’s independent free-zones; it offers companies 100% ownership without the need for a local partner. The district is governed by a common-law framework distinct from the United Arab Emirates (UAE) legal system, with laws and regulations issued in English. DIFC offers clients a 50-year guarantee of zero taxes on corporate income and profits, complemented by the UAE’s network of double taxation avoidance treaties.
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