WHERE HAVE YOU GONE, CHIP HILTON?
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
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
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