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Family Business & Private Client Practice

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Family-controlled businesses (“FCB’S’s”) predominate in many of the region’s key industries - both in terms of the size and range of their investments and the numbers they employ. Al Tamimi & Company have established a Family Business and Private Client Practice dedicated to providing specialised advice to FCB’S and to the companies they control. We have a specialist group within the Corporate & Commercial Department which provides FCB’S with complete solutions. The group comprises local and international experts in all aspects of family business and enjoys the support of the full range of legal services at Al Tamimi & Company. The group works closely with other specialists to offer traditional corporate re-engineering, tax and estate planning and real estate related legal services and to provide following additional specialised services: 

  • continuity audits family councils
  • family and corporate governance systems
  • management and resolution of inter-generational conflicts
  • family constitutions and 100-year plans
  • trusteeships
  • establishment and management of family offices

Against a backdrop of growing globalisation combined with the benefits of free trade and decreasing barriers to entry, carefully tailored governance rules and procedures and formalised corporate & trust structures are increasingly valuable tools available to FCB’Ss requiring security, stability and continuity. Al Tamimi & Company has a long history of advising FCB’s in the UAE and across the GCC. We understand the needs of FCB’s and the dynamics behind the decision-making process. We are sensitive to the problems threatening succession planning and help FCB’s to address the underlying issues and problems particular to family businesses.

 
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