This Practice Note provides:

• information on the requirements for incorporation of a company limited by shares in the DIFC;

• a summary of the different types of corporate entities that can be established in the DIFC in addition to a company limited by shares;

• an overview of the practical considerations that need to be taken into account when incorporating an entity, such as fees, minimum share capital, appointments and number of shareholders; and

• some practical advice on the process for incorporating a company limited by shares in the DIFC.

• DFSA: Dubai Financial Services Authority.

• DIFC: Dubai International Financial Centre.

• DIFC LTD: A company limited by shares incorporated in the DIFC.

• DIFC PLC: A company incorporated in the DIFC permitted to make an offering of its securities to the public.

• DIFCA: Dubai International Financial Centre Authority.

• ESR: Economic Substance Regulations.

• FDI: Foreign direct ownership.

• GFCI: Global Financial Centres index.

• UAE: United Arab Emirates.