Foundations & Trusts Archives - Fichte & Co Legal

Major Changes Ahead for DIFC Prescribed Companies

Florian Herkommer — Mon, 22 Jun 2026 07:01:11 +0000

The Dubai International Financial Centre (“DIFC”) is considering significant reforms to its Prescribed Company regime. If adopted, these changes would further expand access to DIFC holding structures and shift the regulatory focus from entry requirements towards ongoing oversight. Prescribed Companies have become an important structuring tool for investors, family offices and multinational groups seeking a …

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What Happens to Your Assets in the UAE When You Die? Most Expats Don’t Know and It’s Costly

Lakshmi Omanakuttan — Sun, 05 Apr 2026 15:52:38 +0000

If you live or invest in the UAE and don’t have a valid Will, your family could face frozen accounts, lengthy court proceedings, and inheritance rules you never intended. Here’s what every expat needs to know. You’ve built a life here. An apartment in Dubai, a salary account, maybe a business. You’ve thought about schools, …

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RAK ICC Foundations: New Amendments Enhance Asset Protection and Succession Planning

Florian Herkommer — Wed, 19 Nov 2025 05:54:39 +0000

Foundations have become an essential structuring tool in the United Arab Emirates (UAE), particularly for succession planning, asset protection, and international wealth management. The Ras Al Khaimah International Corporate Centre (RAK ICC) introduced its Foundations regime in 2019, with substantial amendments taking effect on 31 July 2025 to further enhance the framework. These changes consolidate …

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