Family Businesses
The preferred hub for establishing a family business to centralise and professionalise family wealth management, succession planning, ring-fencing, and segregating assets.
Dubai is a thriving business hub, strategically positioned at the crossroads of the Middle East and the world, renowned for its modern infrastructure, dynamic economy, and strategic location.
Dubai welcomes HNWIs and family businesses from all over the world to capitalise on strategic advantages and tap into the booming Middle Eastern market. DIFC is the leading financial hub in the region, offering an optimised in an independent, English-language, common law judiciary, which is administered by DIFC Courts.
The Centre also provides a tax-efficient operating environment with no capital restrictions, 100 per cent foreign ownership, options for structuring and managing legal entities, no currency restrictions and no restrictions on profit and capital repatriation.
DIFC offers several structures for family businesses to choose from including family office, foundation, holding company, managing office, prop investment firm and prescribed companies.
DIFC also maintains a strong commitment towards regulatory transparency while maintaining family confidentiality via a private register, which is contained in a server that is not networked and therefore not accessible.
Furthermore, DIFC has wills and probate registry and a Family Wealth Centre.
