Mr. Khalid Mohamed Al Zarouni
Registrar of Companies
Dubai International Financial Centre
Marble Walk, The Gate
PO Box 74777
Dubai UAE
[Date]
Dear Sir:
Subject: Declaration and Undertaking regarding non-commercial activities of [Incorporated Organisation Name]
We, [Insert the names of all the founding members listed on the application for incorporation on the DIFC client portal], the Founding Members of [Incorporated Organisation Name], (the “Incorporated Organisation”), declare and undertake the following:
1. From the date of incorporation of the Incorporated Organisation, the Incorporated Organisation has not availed any facility from any bank or any financial institution and undertakes that it will never engage in such activities;
2. The Incorporated Organisation will not, in any manner, carry on any activities for the purpose of commercial or financial gain for its Founding Members or Members;
3. The Incorporated Organisation shall not distribute any profits or revenues from its activities to its Founding Members or Members; and
4. The Incorporated Organisation will comply with the DIFC Non Profit Incorporated Organis...