Sovereign secures DIFC licence, marking new chapter in serving global investors amid global wealth migration surge
Sovereign, the UAE’s leading business formation and corporate services provider, has secured a licence to operate within the Dubai International Financial Centre (DIFC), further expanding its footprint across the country. Now with seven operational licences spanning free zones, offshore, and mainland, Sovereign strengthens its position as the UAE’s most comprehensive partner for global investors, entrepreneurs, and family offices.
The announcement comes as Dubai accelerates its rise as the world’s fastest-growing financial hub and a global magnet for wealth. DIFC recently reported its strongest half-year on record, with 1,081 new companies joining in the first six months of 2025 – a 32% increase year-on-year. At the same time, the UAE is set to attract a net inflow of 9,800 millionaires this year, more than any other country worldwide, according to Henley & Partners’ 2025 Private Wealth Migration Report. These new residents are expected to bring an estimated USD 63 billion in investable wealth.
This wave of capital and talent is reshaping Dubai’s business landscape. Wealth managers, family offices, and multinationals are relocating to benefit from the UAE’s favourable tax regime, progressive legal framework, and long-term residency incentives. At the centre of this activity is DIFC, with its independent regulatory and judicial system based on English common law, global-standard governance, and unrivalled access to the Middle East, Asia, and Africa.
By establishing a presence in DIFC, Sovereign reinforces its ability to deliver market-leading solutions across all levels of corporate structuring and compliance. The new licence enables the firm to support clients in setting up prescribed companies (PCs), active enterprises, special purpose vehicles (SPVs), family offices, foundations, holding companies, and proprietary investment entities. Combined with its existing ADGM, RAK ICC, DMCC and mainland jurisdictions, Sovereign now offers the most comprehensive and flexible corporate services platforms across 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 announcement also comes amid a sharp rise in family office activity. Recent reports suggest that more than 200 family offices have opened in Dubai in the past year alone, many relocating from traditional wealth centres such as Hong Kong, Switzerland and the UK. Sovereign’s enhanced capabilities in DIFC will enable it to play a central role in this shift, supporting clients with both governance and long-term legacy planning.
With this milestone, Sovereign reinforces its standing as one of the UAE’s most trusted partners for entrepreneurs, corporations, family offices, and high-net-worth individuals seeking to navigate the country’s evolving financial and regulatory landscape.
