UAE foundation setup: DIFC, ADGM and RAK ICC
A foundation lets you hold family and business assets in one legal entity, with clear rules on control and succession that outlast any single generation.
How a foundation works
A foundation is a legal entity in its own right, with no shareholders. You (the founder) transfer assets into it and write a charter and by-laws that say how they are managed and who benefits. The foundation then owns those assets, not you personally.
- Founder — establishes the foundation and sets its purpose and rules
- Council — manages the foundation day to day, according to the by-laws
- Guardian — optional; oversees the council, often required for certain purposes
- Beneficiaries — the people or purposes the foundation exists to benefit
Typical uses
- Family wealth and succession planning across generations
- Holding shares in family businesses and holding companies
- Holding investment portfolios, intellectual property and property
- Philanthropic and purpose-driven arrangements
Read more in our guide: benefits of UAE foundation setup for international investors.
Foundation setup process
Purpose & jurisdiction
We discuss your goals, family and assets, then recommend DIFC, ADGM or RAK ICC.
Charter & by-laws
Drafting the rules for control, beneficiaries and succession with you.
Registration
KYC, filing with the registrar and appointment of council and guardian.
Funding & banking
Transferring assets, opening bank accounts and keeping records up to date.
Frequently asked questions
What is a UAE foundation?
A foundation is a separate legal entity with no shareholders. The founder transfers assets to it and sets out in its charter and by-laws how those assets are managed and who benefits. A council runs it, and a guardian can be appointed to oversee the council.
Where can I set up a foundation in the UAE?
The main options are DIFC Foundations (Dubai), ADGM Foundations (Abu Dhabi) and RAK ICC Foundations (Ras Al Khaimah). They differ in cost, legal framework and reputation with banks; we help you choose.
Can a foundation own a company or property?
Yes. A foundation can hold shares in companies, investment portfolios, intellectual property and, subject to the rules of the relevant area, real estate.
Is a foundation the same as a trust?
No. A trust is a relationship where trustees hold assets for beneficiaries; a foundation is itself a legal person that owns the assets. Many clients find foundations easier to understand and to use with banks.
Considering a foundation?
Book a confidential online meeting to discuss your family's goals and which foundation jurisdiction suits them.