Establish a DIFC Foundation for Succession Planning & Asset Management
Unlocking a realm of possibilities, DIFC Foundations serve as a formidable tool, capable of championing charitable causes while safeguarding invaluable assets. Whether you seek to support noble initiatives, safeguard a family business, secure real estate holdings, or protect treasured artwork, DIFC Foundations offer an innovative and versatile solution. Benefits of setting up a DIFC Foundation: […]
Setting up a DIFC Foundation
The DIFC introduced the DIFC Foundation regime in 2018 (DIFC Law No.3 of 2018) as an alternative wealth structuring vehicle for both Muslim and Non-Muslim expats resident in the UAE and international investors that wish to protect their assets and family businesses in the UAE. A Foundation can be set up to hold a family […]
Have assets in the UAE? Secure your assets and protect your legacy with a DIFC Will and/or a DIFC Foundation
If you are an expatriate or an overseas investor with property and assets in the UAE, you must have a lifetime strategy to protect them. The legislative changes announced on Saturday, November 7, 2020 with particular reference to Wills has been welcomed by expatriates in the UAE. However, there are misconceptions that a Will in […]
New inheritance laws in DIFC
In a landmark move, the Dubai International Financial Centre (DIFC) has set out plans to form the ‘DIFC Wills and Probate Registry’ and introduce new internationally-recognized common law principles that will allow non-Muslim individuals owning assets within Dubai to freely dispose of their Dubai estate in the event of their death. Following her involvement with […]