Company migration to and from the Dubai International Financial Centre

14-Jul-2008  |  The Middle East


The Dubai International Financial Centre (DIFC) is one of the fastest-growing financial centres in the world. A unique aspect of company incorporation in the DIFC is that it is possible for foreign companies to migrate to the DIFC and for existing DIFC entities to migrate from the DIFC to another jurisdiction. This is unique in the sense that migration of companies is not permitted under the laws of any of the other free zones of the United Arab Emirates nor under the UAE federal laws which are applicable to onshore companies in the United Arab Emirates.

 

This article was originally edited by, and first published on, www.internationallawoffice.com - the Official Online Media Partner to the International Bar Association, an International Online Media Partner to the Association of Corporate Counsel and European Online Media Partner to the European Company Lawyers Association.

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