Families are increasingly becoming more complex, internationally
mobile and aware of the transition of wealth between generations.
Therefore, owing to its flexibility, a UAE foundation provides a
dynamic option that can accommodate a family's evolving
priorities.
First introduced in the UAE in 2017, foundations have grown to
become an integral part of the UAE's wealth management offering
and there are now more than 170 foundations registered in the UAE.
They are present in three of the UAE's free zones (Dubai
International Financial Centre, Abu Dhabi Global Market and Ras Al
Khaimah International Corporate Centre).
A UAE foundation's appeal lies in its flexibility. It is a
highly flexible vehicle that can be adapted for a variety of
purposes. It provides both expats and UAE nationals with a local
solution to manage their wealth, protect their assets and make
succession planning arrangements. You may refer to our article Seven
benefits of UAE foundations for more
