DIFC Wills + Probate: An Important Amendment


Dubai International Financial Centre (DIFC) has recently amended the rules with respect to its Wills & Probate Registry. From June 30th 2019, any Will can now include assets located in not only all of the Emirates, but internationally too. Previously, it had just been restricted to assets in Dubai and Ras al Khaimah. This is a significant change, which will … Read More

DIFC Announces Prescribed Company Regulations


Dubai International Financial Centre (DIFC) has detailed it’s plans to combine the existing regulations for Special Purpose Companies (SPC’s) and Intermediate Special Purpose Vehicles (iSPV’s) under one new initiative. These types of entities will now be know as Prescribed Companies. “The new Prescribed Companies regime is a very positive regulatory development that is going to make the DIFC an even … Read More

UAE introduces “Golden Card” for permanent visa residents


Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, has announced a new UAE Residency scheme called the “Golden Card”, which offers permanent residency to foreign investors and “exceptional workers in the fields of health, engineering, science and art”. It is hoped that the new scheme will generate foreign investment, encourage entrepreneurship, and attract top engineers, scientists and students … Read More



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