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The New Rules of Technology
This edition of Law Update looks at how technology is changing the legal questions businesses are facing across the region. From AI and deepfakes to cyber incidents, cloud services, data protection and digital assets, our lawyers examine where the risks are emerging and how regulators are responding.
The edition also brings together recent legislative developments and significant court decisions from across the UAE and Saudi Arabia, with a closer look at what they mean in practice for businesses operating in the region.
The Dubai International Financial Centre (DIFC) provides a powerful, yet often underutilized, privacy feature: the Private Register. This allows entities to keep the names of shareholders, directors, and other role-holders out of the public domain. Although commonly associated with “single family office” licenses, this opportunity is much broader. If you use DIFC vehicles to individually own shares in a DIFC entity, particularly in the context of family wealth, investment, or succession planning, you may be eligible to move sensitive role-holder information off the public register and onto a private record visible solely to the DIFC Registrar of Companies.
Crucially, the entity does not need to have “single family office” as an activity listed on its license to qualify.
Pays the prescribed fee of USD 1,000.
Once approved, the DIFC Public Register will not display the roles selected for the Private Register.
An extract of the Private Register can be issued by the Registrar upon request.
The process is available at incorporation or post incorporation via the DIFC portal.
If you or your organization are a stakeholder in a DIFC entity, or intend to form a DIFC entity, and if privacy is a priority, we suggest that you:
For more information or should you wish to access this benefit please get in touch with Izabella Szadkowska I.Szadkowska@tamimi.com or Noff Al Khafaji N.AlKhafaji@tamimi.com or any member of the Corporate Structuring team.
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