IslamicFinance.de

Abu Dhabi Global Market (ADGM) has launched a Foundations regime in support of more effective structures for wealth preservation and wealth management. The new ADGM Foundations regime provides a strategic platform for financial planning and structuring, serving as an alternative to trusts and corporate vehicles. The platform offers a variety of services, including family succession planning, tax planning, asset protection, wealth management and corporate structuring, without relying on foreign regimes and practises. Both local and foreign entities will benefit from the ease-of-doing-business environment. The ADGM Foundations Regime creates a new type of legal structure with its own distinct attributes. It combines compliance regime with a high degree of operational autonomy to the founder and offers access to the double tax treaty network of the United Arab Emirates.