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Total Solutions Middle East is the leading compliance consultancy and training service company in the Dubai established in 2004, We provides HR Solutions, contracting, outsourcing and Payrolling services as well.
Total Solutions | totalsolutionsmiddle

Dubai International Financial Centre

Sep 10th 2015 at 5:34 AM

Dubai International Financial Centre (DIFC) is one of the world’s fastest growing financial centres, and an onshore capital market in Dubai. DIFC has become a financial hub of the Middle East, comparable with those in New York, Hong Kong and London. This financial free zone attracts multiple financial brands to the region even since it has been launched.

DIFC focuses on six staple areas of financial activity:-

  • Insurance and Re-insurance
  • Banking Services (Corporate Banking, Investment Banking and Private Banking)
  • Asset Management and Fund Registration
  • Islamic Finance
  • Capital Markets (Debt Instruments, Equity, Derivatives and Commodity Trading)
  • Professional Service Providers

Companies with plans to operate within the DIFC have to apply for a trading license in any of the above categories.

DIFC attracts innumerable leading financial firms to the region with an array of incentives designed to create a tempting trading environment for the members. The incentives are inclusive of 100 per-cent foreign ownership, no tax on corporate income or profits and unrestricted foreign exchange or capital repatriation. Alongside impressive financial incentives, this renowned financial centre also provides best in class, ultra-modern infrastructure. Offices designed in this financial centre deploy the most recent technology and communication tools in order to provide its members true world-class services.

Companies willing to experience the centre can draw help from various companies. The professional companies offer help in obtaining necessary license under relevant categories to operate smoothly in this financial centre. They also offer various other services including PRO and relocation facilities, HR consultancy to name a few.

Dubai International Financial Centre has The Gate as a focal point – a marvellous 15-storey office tower, which houses executive offices of this financial centre. This is an iconic building and architectural signature of the DIFC, and of course a gateway to one of the world’s best financial centres.

The DIFC district is spread over 110 acres area of prime Dubai real estate surrounding the main Sheikh Zayed Road. This is a world-class development and surely a unique integration of serviced apartments, offices, hotels, restaurants, shops and conference centres. There is a residential district as well, which is an independent development of luxury property in DIFC, structured to ensure convenience of those working in the extremely busy financial centre. The residential area is covered throughout with other outstanding facilities like art galleries, museums, and performing art centres to ensure that this financial centre also develops into one of the major attractions of Dubai.

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