Private Client & Trust Middle East Bulletin

Recognised as a global leader in private client advice, our Cayman Islands and British Virgin Islands (BVI) Private Client & Trust teams have been working with clients in the Middle East for decades. Our experienced team of lawyers has advised families and businesses in the region to plan for the transmission of wealth and maximise charitable and business objectives. We wish to keep you updated on topics we hope you and your families will find of interest.

Shares in BVI Business Companies – Avoiding a Succession Problem

BVI business companies are often used for private wealth structuring purposes. However, where the shares in a BVI business company are registered in the name of an individual rather than a corporate entity, a question will arise concerning the succession to the shares in the event of the death of the individual. The aims of succession planning are both to provide a reliable answer to this question and to reduce substantially the delay and