DIFC

Business Owners Will

Register a DIFC Will to protect your Free Zone, UAE onshore and RAKICC shares.

Business Owners Will

The DIFC Wills Service (the ‘Wills Service’) 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 UAE onshore company shares (including RAKICC registered companies). This ‘Business Owners Will’ can encompass up to 5 separate shareholdings in any free zone or UAE onshore company situated in the Emirate of Dubai or the Emirate of Ras Al Khaimah. The company in which your shares are held must be incorporated in the Emirate of Dubai or the Emirate of Ras Al Khaimah, and established in accordance with UAE Federal Law.

The pre-registration checks for a Business Owners Will can be carried out by appointment in person with the Wills Service or via the Virtual Registry.

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

If using the Virtual Registry, you are encouraged to verify your identification at an overseas identity verification office operated by VFS Global.


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 Business Owners Will.

AED 5,000

Mirror Wills

On the registration of two Business Owners Will.

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 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 Wills Service publishes a list of legal practitioners that have met certain minimum standards in relation to their knowledge of the 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 Business Owners Will

I do not need a draftsman

Select this option if you do not require assistance with completing your Business Owners Will

Step 3. Create your Business Owners Will now

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