Qualifying Scheme News Today

DIFC is seeking enactment of amendments to laws related to employment, trust and foundations, to bring them on par with international best practice.

Dubai International Financial Centre (DIFC) has proposed the enactment of amendments to the Employment Law, Trust Law, Foundations Law and Operating Law. The proposed legislative changes seek to ensure DIFC Laws remain in line with international best prac

Dubai International Financial Centre (DIFC), a leading global financial centre, has proposed amendments to the Employment Law, Trust Law, Foundations Law and Operating Law.

Dubai International Financial Centre (DIFC) has reported its best annual performance to date, achieving its 2024 Strategy growth targets three years ahead of schedule...

Dubai International Financial Centre (DIFC) reported its best annual performance to date in its history of 17-years with total assets crossing  Dh14.80 billion ($4 b...

DUBAI, 16th February, 2022 (WAM) -- Dubai International Financial Centre (DIFC), the Middle East, Africa and South Asia (MEASA) region’s leading global financial centre has reported its best annual performance to date. The performance, which reflects the success of strategic measures undertaken to grow the DIFC community under the directives of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai I...

The free zone unveiled proposed changes to its Common Reporting Standard Law in August 2020 to improve reporting standards. It also enforced an amendment to the employment law that replaced gratuities with a workplace savings plan from February 1 last year. The DIFC has now tabled proposed changes to Employment Law No 2 of 2019. It will issue new regulations that “will provide further clarity in relation to the Qualifying Scheme regime and bring it in line with the Dubai Financial Services Au...

DIFC Announces Proposed Amendments To Select Laws Date 07/03/2021 Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has proposed the enactment of amendments to the Employment Law, Data Protection Law and Insolvency Regulations to enhance the regulatory framework in DIFC, keeping it in line with international best practice. Amendments to the Employment Law & Regulations DIFC intends to make amendmen...

The proposals aim to improve the regulatory framework of the financial centre and have been posted for public consultation

Dubai International Financial Centre (DIFC) has proposed the enactment of amendments to the employment law, data protection law and insolvency regulations to enhance its regulatory framework, keeping it in line with international best practices.