The UAE has a comprehensive legal framework regulating family businesses, making it an attractive destination for family offices from around the world UAE Federal Decree Law No.37 of 2022, concerning the Family Businesses (the Law), was issued in October 2022 and came into force in January 2023. By issuing this law, the UAE government …
Planning to establish a foundation in the United Arab Emirates? Here’s what you need to know from a legal perspective What is a Foundation? A Foundation is a corporate entity that shares similarities of functions and mechanisms with both companies and trusts, while not strictly a hybrid of the two (Foundation). It’s similar to companies …
If you are associated with a family office or family business in the UAE, here’s what you need to about the new Family Business Law which came into effect in January 2023 UAE Federal Decree Law No.37 of 2022 concerning the Family Businesses (the “Law”) was issued in October 2022 and came into force in …
Navigating UAE Family Business Law: Here’s What You Need to Know Read More »
