What Is a DIFC Free Zone in Dubai, UAE?
The Dubai International Financial Centre (DIFC) is a globally recognized financial free zone in Dubai , UAE. Established in 2004, it serves as a financial hub for the Middle East, Africa, and South Asia (MEASA) region, attracting global banks, financial institutions, fintech companies, and professional service providers. DIFC operates under an independent legal framework based on English common law , offering a business-friendly environment with competitive benefits. Key Features of DIFC Free Zone 1. Independent Legal System DIFC has its own independent legal and regulatory framework based on English common law, governed by the Dubai Financial Services Authority (DFSA) . This provides businesses with legal certainty and internationally recognized commercial regulations. 2. Financial and Professional Services Hub DIFC is designed for businesses in banking, finance, fintech, insurance, asset management, legal services, and professional consulting . It has become a hub for innovat...