Foundations Law DIFC Law No. 3 of 2018

List of amending documents:

Amendment Law DIFC Law No. 8 of 2018

Amendment Law DIFC Law No. 2 of 2022

Amendment Law DIFC Law No. 1 of 2024

PART 1 — GENERAL 

1.Title 

This Law may be cited as the “Foundations Law 2018” or “this Law”.

2. Legislative authority 

This Law is made by the Ruler.

3. Application of the Law 

This Law applies in the jurisdiction of the Dubai International Financial Centre.

4. Scope of the Law 

This Law applies to: 

a. any Foundation established in accordance with this Law; 

b. any Recognised Foreign Foundation to the extent stated in Article 62; or 

c. any Foreign Foundation which is established in another jurisdiction which has transferred its registration to the DIFC in accordance with this Law.

(as amended by Amendment Law DIFC Law No. 8 of 2018)

(refer to the text in the previous edition)

5. Date of enactment 

This Law is enacted on the date specified in the enactment notice in respect of this Law.

6. Commencement 

This Law comes into force on the date specified in the enactment notice in respect of this Law.

7. Interpretation

1. Schedule 1 contains: 

a. interpretative provisions which a...