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ARTICLE · 09 OCTOBER 2024

Establishing A Foundation In Dubai: A General Guide

AGPLAW | A.G. Paphitis & Co. LLC
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Among the various legal structures available in Dubai, foundations have gained significant traction due to their flexibility, privacy, and favorable regulatory environment.

United Arab EmiratesWealth Management
Angelos Paphitis
Angelos Paphitis
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In recent years, Dubai has emerged as a global hub for businesses, investors, and high-net-worth individuals seeking strategic locations for wealth management, asset protection, and philanthropy.

Among the various legal structures available in Dubai, foundations have gained significant traction due to their flexibility, privacy, and favorable regulatory environment. This article provides a general guide to establishing a foundation in Dubai, outlining the legal requirements, benefits, and steps involved in the process.

Understanding the Concept of a Foundation

A foundation in Dubai is a legal entity designed for holding and managing assets, which can be used for various purposes such as family wealth management, estate planning, asset protection, and charitable activities. Unlike a trust, a foundation does not have shareholders, members, or owners; instead, it operates under a charter and by-laws established by the founder. The foundation is managed by a

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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