How UAE Family Foundations Can Eliminate Corporate Tax
Manage episode 507980040 series 3503593
The UAE’s foundation regime is one of the most powerful tools for wealth planning in the world, but thanks to the corporate tax law, many families are using it the wrong way and exposing themselves to unnecessary tax.
In this episode of Wealth Uncensored, Jimmy Sexton, founder of Esquire Group, explains how UAE foundations are by default treated as taxable companies, but how a little-known provision in the law allows family foundations to be treated as tax transparent instead.
We cover:
- The difference between regular and family foundations under UAE law
- How to make your foundation and its subsidiaries tax transparent
- Why old offshore structures no longer work under the new tax regime
- How families with legacy BVI, Cayman, or Nevis structures can restructure to eliminate UAE corporate tax
If you’re an advisor, family office, or HNWI with UAE assets or structures, this is an episode you can’t afford to miss.
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