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Alternative Dispute Resolution|Arbitration|Aviation|
Banking & Finance|Construction & Engineering|Corporate Commercial|
Family Business |Intellectual Property|Information Technology|
Litigation|Maritime Trade & Insurance|Media|
Property|Telecommunications|Practice in Qatar|
Practice in Iraq

The Family Business & Private Client Practice at Al Tamimi & Company is dedicated to providing specialised advice to families in business and to the companies they control.

This practice provides clients with complete solutions. It incorporates traditional corporate reengineering, tax and estate planning, M&A, real estate and other investment banking-related legal services and transcends these to provide the following additional specialised succession planning 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, we believe that tailor-made governance rules and procedures as well as formalised legal and social structures are increasingly valuable tools available to FCBs requiring security, stability and continuity. Al Tamimi & Company has a long history of advising family-controlled businesses (FCBs) in the UAE and across the GCC. We understand their needs and the dynamics behind the decision-making process. We are sensitive to the problems threatening succession planning and help FCBs to address the underlying issues that tend to sabotage the most sophisticated legal, financial, tax and accounting structures if they are not properly attended to. For Al Tamimi & Company, succession planning is a process which starts at birth.

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Summary
Opening a center of excellence for family firm consulting within an established regional law firm is indeed a timely step. Research has shown, that over 90 % of all commercial activity in the GCC region is controlled by family businesses compared with rates of 65 to 80 % in other parts of the world. Many of these family businesses are faced with problems unique to the GCC region arising both from religious and cultural grounds as well as from changes to legislation in the region and the increasing impact of globalization on traditionally fairly sheltered markets.
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