Crucial information about Dubai international financial centre

DIFC or Dubai International Financial Centre offers a secure and efficient platform for financial institutions and business to penetrate inside and out of the emerging markets of the region. It is located strategically between the east and west, and allows the concerned institutions to take advantage of the region’s growing demand for financial and business services. It becomes possible with the quality and range of DIFC’s common law framework, independent regulation, supportive infrastructure, and tax-friendly regime.Total Solutions Middle East

DIFC is guided by its core value of transparency, integrity and efficiency, and plays a pivotal role in meeting the growing financial needs of a region. The centre fills the time-zone gap for a global financial centre between the top centres of New York and London in the West, and Tokyo and Hong Kong in the East.

Offers world-class regulatory environment

Dubai Financial Services Authority (DFSA) is at the heart of the DIFC model which acts an independent risk-based regulator. The authority is responsible for granting licenses and regulating the activities of financial and banking institutions operating within DIFC. This regulatory body has been created principle-based primary legislation which is modelled closely on the one functioning in London and New York. DFSA plays a major role in providing financial companies the confidence that they have a robust, secure, stable and growth-oriented platform for their business.

DIFC also features a unique legal framework

It is unique because it has its own legislative system consistent with English Common law. Dubai International Financial Centre has its own set of commercial and civil laws and regulations. In addition, the regulatory authority has also developed a complete code of law to govern financial services regulations. It has in place an independent judicial system responsible for independent enforcement of justice within DIFC.

Total Solutions Middle East offers help to companies intended to start their business in DIFC. The professional company helps with DFSA authorisation, and other things.

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