DIFC Foundation Office

Define the following: 1. Your entity type. Select Non-Financial. 2. The business sector of your principal activity. Select Foundation. 3. The details of your entity’s establishment. Select New. 4. Your entity’s legal structure. Select Foundation

Tell us about the objects of the Foundation. Select one or more of the objects below that apply to you: - Objects to benefit a person(s) by name, category or class - Objects to be exclusively charitable - Objects not to be exclusively charitable

Identify the Founders of the Foundation. A minimum of 1 Founder is needed. The Founder can be an individual over the age of 18 or a body corporate.

Add at least 2 Council Members. Council Members can be individuals over the age of 18 or a body corporate. The Council Member cannot be a Guardian.

The Guardian can be an individual over the age of 18 or a body corporate. The appointed Guardian cannot act as a Council Member.

Appoint a Registered Agent. The Registered Agent must be a qualified person who is licensed to act as such in DIFC and registered with the Dubai Financial Services Authority (DFSA) as a Designated Non-Financial Business or Profession (DNFBP).

Confirm if you will be submitting your Foundation’s UBO data in hard copy or on the portal.

Review the Initial Approval application prior to your submission. Upon submission, you will not be able to update any information until the application is returned by your relationship manager.