It is a free trade zone that promotes growth and development in various sectors including financial services, industrial manufacturing, real estate and service sector. Business advantages of setting up a company in DIFC includes 100 percent foreign ownership, Zero percent tax rate on income and profits for a period of 50 years. It has potential access to the UAE’s wide network of double taxation treaties. It gives freedom to repatriate capital and profits without restrictions. An independent regulatory agency will work alongside other financial regulatory agencies located in major global jurisdictions to provide world class business environment. International legal system that is based on Common Law of England & Wales which is the only Common Law jurisdiction in the region. A complete transparent operating environment, complying with best global practices and internationally accepted laws and regulatory processes.An international stock exchange is also being built there with a number of primary and secondary listings of debt and equity instruments. A variety of legal entities that will be established with capital structuring flexibility to facilitate the inhabitants. It has a pool of skilled professionals residing in Dubai and the region. Project boasts a modern transport, communications and internet infrastructure. It is a responsive one-stop shop service for visas, work permits and other related requirements.
Dubai International Financial Centre (DIFC) was established to create an environment for growth, progress and economic development in the United Arab Emirates and as well as in the region by providing a platform for business and financial institutions to reach out of the emerging markets of the Middle East, Africa and the South Asia (MEASA).
DIFC offers a vibrant lifestyle to its community. The Centre’s integrated Gate District, Gate Village and Gate Avenue ensure seamless connectivity and accessibility to a full range of professional, residential, and entertainment facilities throughout the development. The unparalleled infrastructure and facilities within the district creates an unforgettable world class experience. Today, it is recognized as a leading business and lifestyle destination of the world tailored to meet the needs of a vibrant and diverse community. Here are some of the important buildings located in DIFC, Burj Daman Building, Emirates Financial Towers, Liberty House, Ritz Carlton, Park Towers, The Index and Sky Gardens.
More about properties for sale in Dubai International Financial Centre(DIFC)
DIFC Facilities and Amenities:-
DIFC is aimed to provide an ultimate lifestyle experience for everyone, numerous life enhancing facilities, community centers, offices, retail hubs, grocery stores, restaurants, and cafes all are situated in the development. There are also a number of noticeable green landscapes and wide public spaces so that residents and visitors can fully tap into the serene environment outdoors to relax and unwind.
DIFC is located along Sheikh Zayed Road, it is situated close to the Dubai World Trade Centre, the Dubai Mall, Downtown Dubai and the Burj Khalifa. The DIFC location has numerous entry and exit points throughout the city where Dubai International Airport, Downtown Dubai, and Business Bay area can be accessed easily.
DIFC Properties for Sale:-
Dubai International Financial Centre (DIFC) is also considered as one of the most favorable areas for investments. A wide range of off-plan projects are currently being developed because of high demand for properties in the area.
DIFC Apartments for Sale:-
1. Damac Park Towers by DAMAC Properties
2. Burj Daman by Daman Investments
3. Index Tower by Union Properties PJSC
4. Limestone House by Union Properties PJSC