Law Statutes

PART 1: GENERAL

1. Title
   This Law may be cited as the “Foundations Law 2018” or “this Law”.
    
2. Legislative authority
   This Law is made by the Ruler.
    
3.  Application of the Law
   This Law applies in the jurisdiction of the Dubai International Financial Centre.
    
4. Scope of the Law
   This Law applies to:
        (a) any Foundation established in accordance with this Law;
        (b) any Registered Foreign Foundation to the extent stated in Article 65; or
        (c) any Foreign Foundation which is established in another jurisdiction which has transferred its registration to the DIFC in accordance with this Law.
    
5. Date of enactment
   This Law is enacted on the date specified in the enactment notice in respect of this Law.

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