The Dubai International Financial Centre (DIFC) is the world’s newest financial hub, was declared open for business in 2004. It will service a region with the largest untapped emerging market for financial services. The Dubai International Financial Centre was conceived by the Government of Dubai for the benefit of the UAE and the wider region as a whole. The DIFC will act as a catalyst to the region’s economic development – just as New York, London and Hong Kong have contributed to their respective economies.
DIFC is an onshore financial centre strategically located between the east and west, which provides a secure and efficient platform for business and financial institutions to reach into and out of the emerging markets of the region. The quality and range of DIFC’s independent regulation, common law framework, supportive infrastructure and its tax-friendly regime make it the perfect base to take advantage of the region’s rapidly growing demand for financial and business services.
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