The huge 110 acre DIFC district is centrally located in the heart of Dubai and is one of the most sought after locations for business, tourists and residents alike It is a free trade zone that promotes growth and development in various sectors including financial services, industrial manufacturing, real estate and service sector. Business advantages of setting up a company in DIFC includes 100 percent foreign ownership, Zero percent tax rate on income and profits for a period of 50 years. It has potential access to the UAE’s wide network of double taxation treaties.