DIFC Will Registration in Ras Al Khaimah

22/10/2017

   

Description

Since December 2016, testaments signed at the DIFC Wills & Probate Registry can include assets held in Dubai and Ras Al Khaimah. From now on, your DIFC Will can be signed in Ras Al Khaimah too. There is no need for you to drive to Dubai anymore.

The first office for DIFC Will Registration outside of Dubai opens in Ras Al Khaimah International Corporate Centre (RAKICC). The Registry currently offers a choice of four types of DIFC Will:

Full Will: The Full Will covers all assets ranging from property to cars and luxury goods, as well as guardianship arrangements for children.

• Covers all types of assets
• No limit on real estate properties
• Dubai and/or Ras Al Khaimah assets
• Guardianship appointments
• Single Will: 10,000 AED (Two Mirror Wills: 15,000 AED)

Property Will: The Property Will covers up to five properties in Dubai and/or Ras Al Khaimah and can be registered at the Central Registry or online at the Virtual Registry.

• Real estate property only
• Limited to 5 real estate properties
• Real estate in Dubai and/or Ras Al Khaimah
• Online Template Will
• Single Will: 7,500 AED (Two Mirror Wills: 10,000 AED)

Free Zone Company Will: The Free Zone Company Will is suitable for owners and shareholders of free zone companies in Dubai and Ras Al Khaimah, including RAKICC companies. The Free Zone Company Will only includes the shares of the free zone or RAKICC company and can be registered at the Central Registry or online at the Virtual Registry. 

• Free zone and RAKICC company shares only
• Limited to 5 separate shareholdings
• Dubai and/or Ras Al Khaimah assets
• Online Template Will
• Single Will: 5,000 AED (Two Mirror Wills: 7,500 AED)

Guardianship Will: The Guardianship Will for the appointment of guardians for your children can be registered at the Central Registry. 

• Guardianship appointments only
• Children must be 21 years or below
• Children must be resident in Dubai/RAK
• Permanent and interim appointments available
• Single Will: 5,000 AED (Two Mirror Wills: 7,500 AED)

All four types of DIFC Wills can be registered at the Central Registry in Dubai or Ras Al Khaimah. Additionally, international investors can register their Property Will or their Free Zone Company Will online with the Virtual Registry.