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Who is a Qualifying Applicant for a DIFC Prescribed Company?
Who is a Qualifying Applicant for a DIFC Prescribed Company?
Updated over 2 years ago

A Qualifying Applicant for a DIFC Prescribed Company is any of the following entities (most of which require a physical presence in the DIFC):

  1. Authorised Firm

  2. Fund

  3. Family Office

  4. Fintech Entity

  5. Foundation

  6. Government Entity

  7. Holding Company

  8. Private Trust Company

  9. Proprietary Investment

  10. Shareholder or UBO of DIFC Qualifying Applicant

  11. Affiliates of a DIFC Qualifying Applicant

  12. Family-Owned Business with a large UAE presence which fulfil at least 2 of the following:

    1. total asset value of USD10+ million in the UAE;

    2. 100+ employees in the UAE;

    3. 30,000+ sq. ft. of space in the UAE (including offices, retail, schools, manufacturing); or

    4. all shareholders are UAE nationals.

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