DIFC Prescribed Companies must appoint licensed service providers by January 24, 2027

The DIFC Prescribed Company Regulations 2026 came into force on 24 July 2026, introducing significant changes to the framework governing Prescribed Companies in the DIFC. One of the most notable changes is the removal of the previous qualifying requirements, meaning that any person may now apply to establish or continue a Prescribed Company, subject to the applicable requirements.

The Regulations also introduce a formal role for DFSA-licensed Corporate Service Providers (CSPs). Unless an exemption applies, Prescribed Companies will be required to appoint a licensed CSP to support their ongoing administration and regulatory compliance, including statutory filings, record-keeping and liaison with the Registrar of Companies. For existing non-exempt Prescribed Companies, a six-month transition period applies from the effective date of the Regulations to achieve compliance with the new CSP requirements.

Prescribed Companies remain intended to operate as passive structures and cannot employ staff or conduct operational business activities. Existing Prescribed Companies should review their current arrangements to determine how the new requirements apply to them and whether any action is required within the transition period.