DIFC

Free Zone Company Will

Register a DIFC Will to protect your Free Zone and RAKICC company shares.

Free Zone Company Will

The DIFC Wills and Probate Registry (the ‘Registry’) provides an online facility that enables eligible persons to complete and submit for registration a DIFC Will which is specific to their free zone and RAK International Corporate Centre (‘RAKICC’) registered companies.

This ‘Free Zone Company Will’ can encompass up to five separate shareholdings in any free zone or RAKICC company situated in the Emirate of Dubai or Ras Al Khaimah. The free zone in which your shares are held must be established in the United Arab Emirates (UAE) in accordance with UAE Federal Law and can include any RAKICC registered company shares that you own.

The online facility referred to as the ‘Free Zone Company Will Portal’ is only available via this website. To complete the registration process you must make an appointment to attend the Registry to sign the Free Zone Company Will and have it witnessed.

 


Step 1. Choose ‘Single’ or ‘Mirror’ DIFC Will

If you are not married, you should select the Single DIFC Will option whereas if you are married and both you and your wife/husband wish to register a DIFC Will at the same time, then you should select the Mirror DIFC Will option (giving an overall net reduction in registration fees).

Single Will

On the registration of a single Free Zone Company Will.

AED 5,000

Mirror Wills

On the registration of two Free Zone Company Wills.

AED 7,500

Step 2. Consider Legal Advice

Your DIFC Will is an extremely important document and you are strongly advised to consider taking legal advice in its preparation. The Registry Rules set down certain minimum requirements that must be met for a Will to be registerable and if these are not met, your Will would be unenforceable. To help you find a suitable lawyer, the Registry publishes a list of legal practitioners that have met certain minimum standards in relation to their knowledge of the Registry Rules and in relation to drafting DIFC Wills. Click here to access this list of approved draftsmen.

I need a draftsman

Select this option if you require a legal practitioner to assist you with the completion of your Free Zone Company Will

I do not need a draftsman

Select this option if you do not require assistance with completing your Free Zone Company Will

Step 3. Create your Free Zone Company Will now

To commence the preparation of your Free Zone Company Will please press the Get Started button below and you will be re-directed to the Free Zone Company Will Portal where you will gain access to our online Free Zone Company Will template and comprehensive explanatory notes.