The DIFC has announced changes to will registration rules for
non-Muslims, which will now accommodate all resident and investor assets across
the whole of the Emirates, and assets held outside the UAE which will be
effective from 1 July 2019.
The DIFC has announced changes to will registration rules for
non-Muslims, which will now accommodate all resident and investor assets across
the whole of the Emirates, and assets held outside the UAE which will be
effective from 1 July 2019.
New directions from the Ministry of Finance provide that the DIFC Courts Wills Service is no longer required to pay VAT for its services.
UAE revamps foreign ownership rules for commercial companies 25.11.2020 The UAE overhauled its commercial company ownership laws, annulling the need for an Emirati shareholder for onshore companies and opening up a number of sectors to foreign investors. This is aimed at boosting the country’s competitive advantage and attracting foreign capital to the Arab world’s second largest economy. All news