May 22, 2026
TMF Group has received regulatory approval from the Dubai Financial Services Authority to operate as a Fund Administrator within the Dubai International Financial Centre (DIFC). The company has also been licensed to act as a Corporate Service Provider, further strengthening its presence in the Middle East financial sector.
With the new approval, TMF Group will now support businesses and asset managers operating in DIFC by offering fund administration, corporate compliance, and business incorporation services. The expansion allows the company to serve both regional and international clients seeking to establish and grow operations within one of the world’s leading financial hubs.
The move comes as DIFC continues to attract global financial institutions, asset managers, and fintech companies looking to access opportunities across the Middle East, Africa, and South Asia (MEASA) region. The centre has witnessed strong growth in its wealth and asset management ecosystem, making it an increasingly important destination for international financial firms.
Farida Azarioh, Head of Financial Services for the Middle East, India, and Africa at TMF Group, stated that DIFC plays a major role in the region’s growing investment and funds ecosystem. She noted that the new license will allow TMF Group to better support clients both within DIFC and across the wider region.
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, welcomed TMF Group to the financial centre and highlighted the value of its expertise in fund administration and corporate services. He added that DIFC’s strong regulatory framework and business-friendly environment continue to attract leading global firms to Dubai.
TMF Group is a global provider of administrative and corporate services, supporting businesses with accounting, payroll, compliance, tax, entity management, and fund administration solutions. The company operates through 125 offices across 87 jurisdictions and works with major multinational corporations, financial institutions, and private clients worldwide.
Meanwhile, DIFC continues to strengthen its reputation as one of the world’s most advanced financial centres. The hub is home to thousands of active firms, including banks, wealth management companies, insurance providers, fintech businesses, and AI-driven innovation firms. Through ongoing expansion projects such as the DIFC Zabeel District, the centre aims to further position Dubai among the top global financial destinations.
