DIFC Launches Client Portal
by Lorys Charalambous, Lowtax.net, Cyprus
02 December, 2015
The Dubai International Financial Centre (DIFC), a free zone in the United Arab Emirates (UAE), announced on November 28, 2015, that it has launched the third phase of its upgraded DIFC Client Portal.
Having initially upgraded the Portal to enable online applications for Company Services, the third phase enables DIFC clients to make online applications for Government Services, such as employment visa applications and dependent packages, and for Property Services, such as lease registration and transfer of freehold.
The new Portal also offers a wide range of online services including Company Services, such as company registration, license renewal, and company amendments. In addition, users can use the Portal to access Employment Services, to apply, renew, or cancel visas, the DIFC said.
All Company and Employee services will also now benefit from an additional courier service, which will ensure secure delivery of documents to and from client offices.
The DIFC said the upgrade will mean that users of DIFC's Client Portal will see processing times fall by almost 80 percent for certain types of applications, from the time of submission of the application to receiving approval. The Portal also eliminates the need for hard copies of documents for all Employee Services. The Centre added that it is now able to service the requirements of all clients more efficiently, with an almost 50 percent reduction in client waiting time.
Alya Al Zarouni, Senior Vice President – Government & Registry Services, DIFC Authority, said: "We acknowledge the importance of providing a simple and streamlined Client Portal for the wider benefit of customers and companies alike. As a leading financial center, it is critical to ensure the implementation of cutting-edge technologies and provide single platform access to all government services."
The DIFC offers firms zero percent income tax guaranteed for 50 years, 100 percent foreign ownership, no exchange controls, and a legal system based on English common law.
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