Family Foundations in the UAE are specialized legal entities established to manage, protect and transfer family wealth across generations with clarity, control and efficiency. Family Foundations as entity structures offer better flexibility to manage & transfer intergenerational wealth as well as cross-border wealth management and grant privacy benefits as against traditional trusts in the UAE.
Under the UAE Corporate Tax Law, Family Foundations can be established under different entity structure types such as Foundations, Incorporated Trusts, Unincorporated Trusts, etc.
Family Foundations also benefit from favourable tax treatment under the UAE Corporate Tax Law, making the same an efficient platform to structure succession planning and family wealth management.