10 Leaves

The DIFC enacts the new Prescribed Companies Regulations The new DIFC Prescribed Company Regulations addresses a significant gap in the offerings from the center, where there was no product comparable to the Special Purpose Vehicle regimes that existed in many comparable jurisdictions. The earlier PC regime required a Qualifying Applicant or a Qualifying Purpose, both of which tied in the product to existing DIFC clients.  Under the new regime, Prescribed Companies can be established by qualifying applicants (GCC Persons, DIFC Persons etc.), for a qualifying purpose (aviation, maritime, IP, crowdfunding and structured finance), to hold GCC-registrable assets, or, in case none of these apply, through a DIFC Corporate Service Provider so as to provide the required substance. In essence, this brings a new level of flexibility to the offering – for instance, you can now form a PC if you are from India, to hold an asset in Africa, by appointing a CSP at the DIFC. Since the Prescribed Company cannot have employees, the DIFC has spun off the Qualifying Applicant bit into a different product called Active Enterprises. One can set up Holding Companies, Proprietary Investment Companies and Managing Offices as an Active Enterprise, with visa options, provided that one has a tie-in to the center already. Check the link in the first comment - a definitive guide to the new DIFC Prescribed Companies Regime. Get in touch! #DIFC #DIFCPrescribedCompany DIFC

Happy Birthday to the dedicated and inspiring leader of 10 Leaves! 🎉 Your guidance, support, and compassion make a difference every day, and we’re grateful to work under such remarkable leadership. Here’s to a fantastic year ahead filled with success, health, and happiness! 🎂✨ #10Leaves #HappyBirthday #InspiringLeader #10LeavesFamily

Well done, Ashwin! 🌟 Earning the Peer Recognition Award is a true testament to the respect and admiration of your colleagues. Thank you for being such a valuable part of the 10 Leaves family!

Celebrating Excellence at 10 Leaves! 🌟 Honoring the hard work, dedication, and achievements of our outstanding team members at this year’s 10 Leaves Employee Awards Ceremony. Here's to those who inspire us every day! #10Leaves #EmployeeAwardCeremony #AwardCeremony2024

We are growing! Say hello to Sheetal Joshi, the newest addition to our Compliance Team at 10 leaves. We are thrilled to have her on the team and look forward to reaching new heights together. #meettheteam#welcomeaboard#newemployee

The 10 Leaves 30x30 Fitness Challenge is here! 💪 Are you ready to take on 30 minutes of movement every day for 30 days? Let’s boost our energy, stay active, and make every minute count! Join us as we kickstart a healthier, stronger journey together. Who’s in? 🌟 #10Leaves30x30 #FitnessChallenge #GetMoving #challengeyourselfchangeyourself

Wishing you a Bright and Joyous Diwali! 🪔✨ May this festival of lights bring happiness, prosperity, and success to you and your loved ones. Happy Diwali from all of us at 10 Leaves! 🌟 #HappyDiwali #FestivalOfLights #10LeavesFamily #2024

Challenge Yourself , Change Yourself! Get Ready to Transform! 💪 A new fitness challenge is coming your way! Are you ready to push your limits and reach new goals? Watch out this space for more details! #10Leaves #FitnessChallenge #GetMoving #2024

A Big Congratulations to our Emerging Talent of the Year, Shahin Khan! 🌟 Your exceptional attention to detail, dedication, and commitment have set you apart. We’re proud to have you on the team and look forward to all the great things you’ll accomplish! 🎉👏 #10Leaves #EmergingTalent #CompanySecretary #TeamSuccess #2024

Well-Deserved Recognition! 🌟 Congratulations to Aayushi Prakas for being named Employee of the Year! Your contributions have made a significant impact, and we are grateful to have you on our team. Keep shining! 🎉 #10Leaves #AwardWinner #InspiringLeadership #2024