INTRODUCTION In the United Arab Emirates, Shari’ah is the principle source of succession planning based on which several federal laws have been promulgated. DIFC Law No. (3) of 2018, ADGM Foundation Regulation 2017, regulates the Law, relating to “Foundation”. DIFC Law no. (4) of 2018, Trusts (Special Provisions) Regulations 2016, regulates the Law, relating to...Read More
CIVIL COMPANY FORMATION 1st June 2021 onwards, Service Providing companies can be established only under Professional license. Now foreign investors can own 100% shares in such companies situated in the mainland jurisdiction however, a local service agent is required for the documentation process, unlike LLC Companies.In matters related to governmental applications with the government...Read More