DIFC opens SPV regime to any applicant under updated rules

Updated rules remove qualifying criteria while retaining CSP oversight in most cases

Last updated:
Nivetha Dayanand, Assistant Business Editor
DIFC opens SPV regime to any applicant under updated rules
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Dubai: Any applicant can now establish or continue a Prescribed Company in the Dubai International Financial Centre following changes to the regulations governing its equivalent of special purpose vehicles.

The updated Prescribed Company Regulations remove the previous qualifying requirements, widening access to vehicles used for legitimate holding and structuring purposes.

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Applicants must appoint a DIFC-licensed Corporate Services Provider as their main administrative and compliance link with the Registrar of Companies unless an exemption applies.

Access widened under new rules

The changes are intended to simplify the existing Prescribed Company regime and allow a broader range of applicants to use DIFC’s legal framework for holding and structuring vehicles.

The updated Prescribed Company Regulations demonstrate DIFC’s continued commitment to a responsive, flexible and business-friendly legal framework. The enhanced regime broadens access to holding company and structuring special purpose vehicles for legitimate purposes, while requiring the appointment of a DIFC licensed Corporate Services Provider (CSP) in most instances to support effective compliance oversight and regulatory engagement in line with DIFC’s high standards of transparency, governance and regulatory integrity.
Jacques Visser, Chief Legal Officer at DIFC Authority

Prescribed Companies remain passive vehicles

A Prescribed Company must remain a passive holding vehicle and can only be used for its permitted holding or structuring purposes.

The vehicle may be used in connection with the conduct of financial services, provided this complies with legislation administered by the Dubai Financial Services Authority.

Prescribed Companies are not permitted to employ staff and must remain non-operational in nature.

Formal role introduced for service providers

The regulations establish a formal statutory role for Corporate Services Providers, which will act as the administrative, compliance and regulatory liaison between a Prescribed Company and the Registrar of Companies.

Their responsibilities include filings, record-keeping and ongoing compliance.

The updated regime is expected to be relevant to family groups, investment holding structures, financing transactions and other ownership or structuring arrangements seeking a cost-effective and flexible DIFC vehicle.

The updated Prescribed Company Regulations were enacted on July 24, 2026.

Nivetha Dayanand
Nivetha DayanandAssistant Business Editor
Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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