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DIFC - Dubai

The DIFC is the world's newest and fastest growing international financial centre aiming to develop the same stature as New York, London and Hong Kong. It primarily serves the vast region between Western Europe and East Asia. Ideally located at the crossroads of the major international capital markets of New York and London (in the West) and Hong Kong (in the East), Dubai is the complementary hub connecting the region with a 24 hour/7 day a week global financial network.

Since it opened in September 2004, the DIFC has attracted high calibre organisations from around the world as well as its own region. A world-class stock exchange, the Dubai International Financial Exchange (DIFX), opened in the DIFC in September 2005.

The Dubai International Financial Center - DIFC is a 110-acre FREE ZONE, conceived by the Government of Dubai for the benefit of the UAE and the wider region as a whole.

Sectors

The DIFC focuses on several sectors of financial activity: Banking Services (Investment Banking, Corporate Banking & Private Banking); Capital Markets (Equity, Debt Instruments, Derivatives and Commodity Trading); Asset Management and Fund Registration; Insurance and Re-insurance; Islamic Finance & Professional Service Providers. Financial institutions may apply for licences in these sectors

DIFC’s ultimate goal is to create a regional capital market, offering investors and issuers of capital world-class regulations and standards. Financial services in the DIFC are regulated to international standards by the Dubai Financial Services Authority (DFSA)As a new global jurisdiction for financial institutions, the DIFC offers businesses operating in the DIFC a highly attractive investment environment, including:

• 100 percent foreign ownership
• zero tax rate on income and profits
• wide network of double taxation treaties available to UAE incorporated entities
• no restrictions on foreign exchange or capital/profit repatriation
• transparent operating environment with high standards of rules and regulations
• strict supervision and enforcement of money laundering laws
• ultra modern accommodation and state-of-the-art technology
• data protection/security
• operational support and business continuity facilities

45 towers are planned in the Dubai International Financial Center - DIFC, of which approx. 30% will be residential and 70% commercial.

Location

The DIFC is located on Sheikh Zayed Road adjacent to downtown Dubai City and not far the Dubai International Airport.

Properties

We offer a choice Dubai property, in the DIFC as well as surrounding areas. For more information click on the link below or simply complete and return the enquiry form:

• Park Towers

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