Distinguish a mainland LLC, a partnership, a joint-stock company and a free-zone entity. Their rules are not interchangeable. Under the federal Companies Law, an LLC is generally not dissolved by a partner’s death unless its memorandum provides otherwise, but the company documents still require review.
Examine restrictions, agreed purchase rights and valuation provisions affecting a deceased owner’s shares. The current law allows certain LLC and private joint-stock constitutional arrangements for dealing with those interests. An intended beneficiary should not be promised ownership free of valid company or third-party rights.
For eligible non-Muslims, a DIFC Business Owners Will is one specific option for qualifying UAE shareholdings; it is not a universal route for Iranian owners. Coordinate the appropriate will with management appointments, company-register requirements, bank mandates and an accessible record of the business interests.
A practical next step
Assemble the licence, memorandum and articles, shareholder register, shareholder agreements and existing wills. Review ownership succession and temporary management together, including the position of any minor beneficiaries.
Official sources
Commercial Companies Law — company documents and succession
Business Owners Will — qualifying company interests
Wills FAQ — Business Owners Will eligibility