DIFC Will Registration in RAK

1/9/2017

   

Description

The first office for DIFC Will registrations outside of Dubai will be opened in Ras Al Khaimah International Corporate Centre (RAKICC) in September 2017. The Registry currently offers a choice of four types of Will:

  • Full Will - covers all assets ranging from property to cars and luxury goods, as well as guardianship arrangements for children
  • Guardianship Will - for appointment of guardians for children
  • Property Will - covers up to five properties in Dubai and/or Ras Al Khaimah.
  • Free Zone Company Will - for owners and shareholders of free zone companies in Dubai and Ras Al Khaimah, including RAKICC companies.

Since December 2016 testaments signed at the DIFC Wills & Probate Registry can include assets held in Dubai and Ras Al Khaimah. A DIFC Will can be registered by non-Muslims who want to avoid Sharia Law and want their assets passed on in accordance with their wishes. Now there is no need to drive to Dubai anymore. The Will can be signed in Ras Al Khaimah. If you need further information or any assistance with your testament, please do not hesitate to contact our MEO competence team.