DIFC holding for a mining-equipment business
An EU-citizen entrepreneur (wealth from a prior business sale of a significant equity stake) came to WTP after three Dubai consultancies each priced a single DIFC licence combining mining-equipment trading and investment activity. He was skeptical — their answers went vague on the regulatory detail.
In DIFC, trading and investment fall under separate regulatory regimes; one licence cannot cover both. His profile also auto-triggered enhanced due diligence — an expanded pack of source-of-wealth evidence, statements, birth certificate, proof of citizenship, and notarized legalization of each document.
We confirmed the impossibility with DIFC in writing, then built a two-entity model (a DIFC holding company plus a DIFC trading entity). We assembled and legalized the full EDD pack — DIFC cleared without supplementary requests — and pre-aligned the compliance file with a leading UAE bank before submission. We also handled office, residence, domain and business-service setup.
Company formation, bank account opening, residency, visas, compliance
100+ applications: runs company, bank account, visa and compliance as one process — the bank account is the real test, not the company.
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Olga Zueva · Company, Banking & Visas