Governance, succession and control: UAE foundations as strategic tools for global families
M/HQ’s Yann Mrazek and Hermione Harrison contributing to the International Family Offices Journal published by Globe Law and Business.
Their article, Governance, Succession and Control: UAE foundations as strategic tools for global families, explores how UAE foundations are becoming the preferred vehicle for globally mobile families seeking to safeguard wealth across generations.
Key Takeaways:
- More than 1,900 UAE foundations have now been established by local and international families, reflecting a rapid shift toward institutionalised governance frameworks.
- Foundations protect privacy while maintaining transparency with regulators.
- They achieve tax transparency under the UAE Corporate Tax Law, making them efficient for holding structures.
- Founders can retain control over strategy and governance while preserving structural integrity.
- Families are shielded from foreign forced heirship claims, ensuring assets pass according to founder intent.
As noted in the article, “Much like a well-stocked kitchen prepared for varied palates, the UAE’s wealth structuring framework offers families a carefully assembled mix of ingredients.”
Read the full article here: https://www.globelawandbusiness.com/journals/the-international-family-offices-journal
