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DIFC
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DIFC
Dubai Freezones
Introduction
One of the most practical choices for investors and families who are looking for a reliable framewor
... Read more
Introduction
One of the most practical choices for investors and families who are looking for a reliable framework for asset protection, succession planning, and w
... Read more
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A DIFC foundation operates within a globally recognised legal system based on English common law, offering clarity and investor confidence.
Through a DIFC foundation, families can hold assets such as shares, real estate, and intellectual property within a legally protected structure.
The governance structure of a DIFC foundation is clearly defined under DIFC foundations law, ensuring transparency in decision-making and administration.
Using a DIFC foundation, families can implement long-term succession planning strategies that continue across generations while remaining compliant with DIFC foundations law.
A DIFC foundation can be used for charitable purposes, estate planning, or investment management while operating under the structured framework of DIFC foundations law.
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The process of establishing a DIFC foundation begins with understanding the founder’s objectives, beneficiaries, and governance framework. Advisors assess whether the structure aligns with requirements under DIFC foundations law.
The governing documents of the DIFC foundation, including its charter and bylaws, have been prepared. These documents define the foundation’s purpose, council roles, and operational guidelines in accordance with DIFC foundations law.
The registration application for the DIFC foundation is submitted to the DIFC Registrar of Companies along with KYC, AML, and ultimate beneficial owner documentation.
Authorities review the application to ensure that the structure complies with DIFC foundations law and all relevant regulatory requirements.
Once approved, the DIFC foundation is incorporated as a separate legal entity and can begin holding assets and operating under the governance rules outlined in the DIFC foundations law.
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