Categories: Business

Dubai International Financial Centre (DIFC) – A Prime Business and Dining Hub

Because it is easy to travel around the city in a luxury car rental Dubai, you can easily drive through to see major places like the Dubai International Financial Centre.

The Dubai International Financial Centre (DIFC) established in 2004 is a financial free zone in Dubai designed to be one of the finance centers of leading business entities performing business in the regions of Middle East, Africa, and South Asia (MEASA). The total area of DIFC covers 110 hectares (272 acres) and offers an advanced environment for business and innovation.

Business Benefits at DIFC

  • Prime Location: Centrally located in the heart of Dubai, DIFC provides direct access to the business center of the Middle East.
  • Independent Regulatory Framework: Governed by the Dubai Financial Services Authority (DFSA), DIFC is shielded by a transparent and stable regulatory framework that preserves a safe and well-regulated business environment.
  • Tax Incentives: DIFC entities have a zero percent tax rate on income and profits, supported by a 50-year tax guarantee and entry to the UAE’s wide-ranging double taxation treaty network, stimulating growth and investment.
  • State-of-the-Art Infrastructure: DIFC boasts state-of-the-art office buildings and advanced technology hubs, positioning it as a favorite among companies seeking new and effective workspace.
  • Vibrant Business Hub: With over 2,400 registered firms covering finance, law, and technology, DIFC facilitates networking and interaction, linking emerging markets with the economies of Asia, Europe, and the Americas.

Dining and Lifestyle in DIFC

  • Diverse Dining Experience: DIFC offers a range of world-class restaurants to cater to every palate and taste.
  • Lifestyle Destination: The area has emerged as a successful lifestyle destination, with numerous restaurants, cafes, and social spaces.
  • Retail and Services: As more than 22,000 professionals live and work in the area, DIFC provides space for various retail outlets, ranging from luxury boutiques to bespoke boutiques.
  • Future Expansion: Gate Avenue, as part of the DIFC 2.0 master plan, will develop on the district as an entirely integrated year-round pedestrianized destination featuring an outside promenade.
  • Strategic Surroundings: DIFC enjoys a prime location adjacent to the World Trade Centre, Emirates Towers, and Sheikh Zayed Road, Dubai’s main artery.
Sameer
Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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