The Board of Directors of DIFCA, in the exercise of the powers conferred on them by Article 132 and Article 151 of the Companies Law, hereby make these regulations.
These Regulations may be cited as the Venture Studio Regulations 2023.
These Regulations apply to:
(a) every person who falls within the definition of a Venture Studio or a Venture Studio Company;
(b) every person applying for the incorporation or continuation of a Venture Studio or a Venture Studio Company in the DIFC; and
(c) the Registrar.
The Relevant Laws apply to a Venture Studio and a Venture Studio Company unless specified otherwise in these Regulations.
Defined terms are identified throughout these Regulations by the capitalisation of the initial letter of a word or phrase. Where capitalisation of the initial letter is not used, an expression has its natural meaning.
Any reference to enacted law or regulations, is a reference to that enactment as amended from time to time, and includes a reference to that enactment as extended, applied or otherwise amended by or under anoth...