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ARTICLE · 18 DECEMBER 2019

Control, Simplicity And Collaboration – Offshore Talking Points From The United Arab Emirates

Walkers
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Walkers

Firm Details Global Managing Partner: Ingrid Pierce Office Managing Partner: Daniel Wood Number of...

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After spending six days with colleagues from our Jersey, Guernsey and Dubai offices meeting with clients and intermediaries in the UAE, the message remains upbeat: there's plenty of work to be...

United Arab EmiratesWealth Management

After spending six days with colleagues from our Jersey, Guernsey and Dubai offices meeting with clients and intermediaries in the UAE, the message remains upbeat: there's plenty of work to be done, and the Channel Islands continue to be seen as "gold standard" jurisdictions for personal wealth structuring and asset protection.

As before, motivating factors behind the establishment of new structures include the protection of business and personal assets from future risks and making provision for the orderly transfer of wealth from creators to second and third generations and beyond.  Tax considerations will also be relevant where clients are thinking of acquiring residency or domicile in other jurisdictions.

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