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Dubai Special Purpose Vehicles

Dechert LLP

The Dubai International Financial Centre Enacts New Prescribed Company Regulations

Dechert LLP on

On October 31, 2019, the Dubai International Financial Centre (“DIFC”) issued, under the DIFC Companies Law (Law No.5 of 2018) (the “Companies Law”), the Prescribed Company Regulations (the “Regulations”). The main objective...more

Morgan Lewis

The New DIFC Prescribed Company Regulations 2019

Morgan Lewis on

The DIFC Prescribed Company Regulations 2019 (PC Regulations), which have been expected since the DIFC announced it would be introducing such a regime on 30 June 2019, were enacted on 31 October 2019 (the Commencement Date)....more

Dechert LLP

DIFC Intermediate SPV Regime: a Welcome Business-Friendly Evolution

Dechert LLP on

The introduction of a new regime for the establishment of so called ‘intermediate special purpose vehicles’ (“Intermediate SPVs”) in the DIFC was approved by the Dubai International Financial Centre (“DIFC”) Authority on 19...more

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