Sovereign, one of the UAE’s foremost providers of business formation and corporate services, has obtained a licence to operate within the Dubai International Financial Centre (DIFC). This marks a significant expansion of its presence across the Emirates, bringing its total number of active licences to seven, spanning free zones, offshore jurisdictions, and the mainland. The move reinforces Sovereign’s standing as a leading partner for international investors, entrepreneurs, and family offices.
The development comes at a time when Dubai is cementing its role as a global financial powerhouse. DIFC has reported its strongest first half on record, welcoming 1,081 new companies in the first six months of 2025, a year-on-year increase of 32 per cent. Meanwhile, the UAE is forecast to attract a net inflow of 9,800 high-net-worth individuals this year—more than any other nation—according to Henley & Partners’ 2025 Private Wealth Migration Report. This migration is expected to bring an estimated USD 63 billion in investable wealth into the country.
Dubai’s rapidly evolving business environment is drawing an unprecedented influx of capital and talent. With its progressive legal frameworks, attractive tax policies, and long-term residency incentives, the UAE has become a strategic destination for wealth managers, family offices, and multinationals alike. Central to this transformation is DIFC, offering an independent regulatory system, internationally recognised governance standards, and access to emerging markets across the Middle East, Asia, and Africa.
With its new DIFC licence, Sovereign expands its capabilities to deliver highly specialised corporate structuring and compliance solutions. The authorisation enables the firm to assist clients in establishing prescribed companies (PCs), active enterprises, special purpose vehicles (SPVs), family offices, foundations, holding structures, and proprietary investment entities. Together with its established presence across ADGM, RAK ICC, DMCC, and mainland jurisdictions, Sovereign now offers one of the most comprehensive corporate services platforms in the UAE.
“Dubai has become a magnet for capital, talent, and corporate leadership at a scale we have never seen before,” said Zana Jablan Musa, Operations Director at Sovereign. “With DIFC at the heart of this transformation, our new licence allows us to give clients the tools they need to establish themselves with confidence in one of the world’s most dynamic business environments. Whether it’s a family planning succession, an investor building a regional hub, startups seeking a supporting ecosystem for growth or a multinational seeking operational presence, Sovereign is uniquely positioned to deliver solutions that align with the UAE’s economic vision and long-term growth strategy.”
The expansion also coincides with a surge in family office activity across Dubai. Industry data indicates that more than 200 family offices have been set up in the city over the past 12 months, many relocating from established financial hubs such as Hong Kong, Switzerland, and the UK. Sovereign’s strengthened position within DIFC will enable it to play a central role in supporting these clients through governance advisory and legacy planning services.
This milestone reinforces Sovereign’s reputation as one of the UAE’s most trusted partners for entrepreneurs, multinationals, family offices, and high-net-worth individuals navigating the country’s evolving financial and regulatory framework.