DIFC Foundation

Asset protection is one of the most important topics of the 21st century. Entrepreneurs active internationally and wealthy individuals in particular should know and utilise the best opportunities for protecting their assets.

For over 10 years, we have been supporting people with legal matters in Dubai. By establishing a foundation in Dubai, assets can be effectively protected and also anonymised.

Advantages

The main reasons for establishing a foundation in DIFC at a glance.

Regulated inheritance

If assets in Dubai, for example, consist of companies or real estate, the inheritance can be effectively managed through a foundation and Sharia Law circumvented.

Reputation

Foundations in international financial centres enjoy a high reputation.

Asset protection

Assets in Dubai can be effectively protected from external seizure.

Anonymity

The foundation in Dubai no longer allows wealthy individuals to appear on registers.

Tax exemption

Foundations in the DIFC are exempt from tax provided that profits are generated outside the UAE.

Process

We will support you step-by-step in establishing your DIFC Foundation in Dubai.

1. Consultation

In the first step, we advise on and assess whether and which structure makes sense for a foundation in DIFC.

2. Foundation documents

Subsequently, there will be the drafting of the documents, the naming of the beneficiaries and the appointment of the board of trustees, as well as a protective trustee.

3. Foundation

Once the strategic base has been defined, the incorporation documents will be submitted.

4. Opening an account

Once the foundation is established in the DIFC, the next step is to open suitable accounts with various banks.

5. Tax registration

To remain tax compliant, we will register the foundation with the FTA and provide advice on compliance and legal tax optimisation.

6. Ongoing support

We are your ongoing point of contact for all matters relating to company formation in Dubai, from taxes and banking to visas and emigration.

Ready for Dubai?

Our Services

We provide comprehensive support for the DIFC Foundation in Dubai.

FAQ

Below are the most frequently asked questions regarding Foundations in DIFC, Dubai.

What is a DIFC Foundation?

A DIFC Foundation is a legal person with its own distinct legal personality, which holds and manages assets. It is established within the Dubai International Financial Centre (DIFC) and is typically used for asset structuring, estate planning, and the protection of family wealth.

How long does the process take?

Typically, the entire process takes between one and three weeks, depending on the due diligence and the complexity of the structure.

What is the foundation used for?

Typical applications include asset protection, estate planning, holding company shares (e.g. Free Zone or Offshore Companies), family offices, philanthropy or as a holding structure for international investments.

Difference between DIFC Trust and Foundation?

A trust is not a legal entity, but a legal relationship. A foundation, on the other hand, is its own legal entity, can enter into contracts, hold property, and sue. Foundations generally offer more control and transparency than trusts.

When will the foundation hold assets all over the world?

Yes, a DIFC Foundation can own assets worldwide, from real estate and bank accounts to company shares or interests in foreign trusts.

What are the advantages of a foundation in DIFC, Dubai?

Frequently cited advantages include asset protection, succession planning without probate, tax neutrality, high confidentiality, international recognition, and a stable, English-speaking common law legal system.

Anyone can establish a foundation.

Both individuals and companies – regardless of nationality or residency – can establish a DIFC Foundation. No physical presence in Dubai is required.

Wie ist eine Stiftung strukturiert?

A foundation consists of a founder, a council, a guardian (if applicable), and the beneficiaries.

Was ist ein Guardian?

A Guardian is a supervisor who ensures that the Council acts in accordance with the foundation's purpose and the founder's intentions. A Guardian is particularly required for so-called Purpose Foundations.

Who has insight into the foundation?

The ownership and beneficial ownership structure is Not publicly visible. Only the Registrar of Companies and the competent authorities have access to the data, ensuring a high degree of discretion.

What are our customers saying?

Experiences

For years, we've been helping people with emigration, company formation, real estate, foundations, and much more in Dubai. We're therefore incredibly proud of the genuine reviews we've received from our clients. (Source: Google And Trustpilot)

“From the initial contact to the final implementation, I was guided professionally, quickly, and, above all, transparently. All of my questions were answered thoroughly, and you can tell there's real expertise here. RecommendedFor all those looking to emigrate to Dubai or start a business in the UAE.“

Gernot Kleindienst

CMO Heartbeat Consulting

“I established my company in Dubai through Dubai Setup and am absolutely delighted with the entire process. The team was extremely competent and professional from the outset, and also German-speaking, which greatly simplified communication and understanding of the local requirements.”

Philip Manhart

Founder Aladdin Media

“Clemens guided me through the entire process and was always available with a quick answer when I had questions. Even when questions arose that were “outside” the scope of the service, the Dubai Setup team offered advice. In summary, I can recommend Dubai Setup's service.”

Vincent Hahl

Founder of DISO GROUP

“Dubai Setup has delivered exactly what I needed to be able to focus on my core business in the UAE!
The route to the company was clearly laid out and quantified, there were no surprises whatsoever and the deadline was even shortened through internal optimisations! Recommended!”

Dirk Osada

Founder OSENM

“Dear Dubai Setup team, I am very pleased to have found you and simply want to say “thank you!” for the very good and transparent advice regarding my company formation and the excellent service. Top job, this simply must be acknowledged. Many thanks to the Clemens team!”

Alexander Felix

Founder Fit Consulting Group

“Everything went smoothly, from company formation, visa application to the detailed explanation of how everything works in Dubai. Competent, transparent and extremely helpful. I can recommend it without reservation, the best contacts for setting up a company in Dubai.”

Christoph Feldmeier

Founder ONLYVISION

Clemens Kohlbacher

Dubai Setup Specialist

office@dubaisetup.co

Contact

Do you have questions about setting up a company, tax, or emigrating to Dubai? Contact us now via the contact form., WhatsApp, Email or book an appointment for a Initial consultation without obligation.