DIFC Issues Company Formation Guide
by Lorys Charalambous, Lowtax.net, Cyprus
05 February, 2018
The Dubai International Financial Centre (DIFC), the low-tax financial hub, has released an updated guide to help businesses set up in the center.
The guide - Setting up in the Dubai International Financial Centre - is described by the DIFC as an up-to-date reference for established firms and new investors looking to set up operations in the center.
The DIFC received support from Al Tamimi and Company, one of DIFC's most established clients, and one of the largest law firms in the Middle East, in preparing the guide.
The DIFC is a free trade zone located in Dubai, which offers a number of perks to firms, including zero percent income tax guaranteed for 50 years and no exchange controls. It allows 100 percent foreign ownership.
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