Tax, accounting, IFRS reporting and audit-readiness for DIFC-registered entities. Common-law jurisdiction, DFSA-regulated entities, family offices, holding companies, single-family offices and prescribed companies.
DIFC is a common-law financial free zone with its own civil and commercial laws, its own courts, and its own financial-services regulator (DFSA). Functional currency is typically USD. DIFC entities span DFSA-regulated firms, family offices, holding companies and single-family-office structures. Reporting requires English-language audited financial statements under IFRS, with sector-specific standards (IFRS 17 for insurers, IFRS 9 for lenders) applied strictly.
IFRS-compliant USD ledgers with multi-currency operating transactions, foreign-exchange revaluation per IAS 21.
For Category 3A, 3B, 3C, 4 and 5 firms — regulatory return preparation, capital adequacy, client-money rules, IFRS 9 expected credit loss.
Single-family-office accounting, trust accounting, intergenerational consolidations, and IFRS 12 disclosure for prescribed companies.
Insurance contracts measurement under IFRS 17, CSM tracking, premium allocation approach where applicable.
DIFC qualifies as a free zone for QFZP. Continuous monitoring of qualifying income and substance under UAE Corporate Tax rules.
Audited statements filed via DIFC Portal. Engagement with DIFC-approved audit firms managed end-to-end.
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