The UAE based Middle East Private Business and Private Clients Tax, Legal and Governance teams serve Middle East based (and other) families, Family Offices and individuals in managing the tax, legal and governance concerns of their personal and family business affairs, both in the region and internationally.
The Tax, Legal and Governance teams have presence on the ground in the Middle East whilst unlocking access to PwC’s global network of specialists, giving your family the breadth and depth of experience required to manage and comply with the complex global tax and legal obligations you, your family and your business may face.
Family office services such as assistance with setup of Single Family Offices (‘SFOs’) and selecting the most appropriate vehicle/jurisdiction.
Personal and corporate tax residency advice including residence reviews and legal advice with respect to emigration/immigration and practical assistance on relocation.
Global personal tax advice (e.g. income tax, capital gains tax, inheritance tax, gift tax and wealth tax) including advice on tax efficient extraction of funds from investments or a business, legal transfer of assets and tax implications thereof, reporting obligations, advice on information exchange and transparency measures (e.g. FATCA and CRS) and personal tax compliance requirements.
Global corporate tax advice (e.g. corporate tax, indirect tax, withholding tax) relevant to entities owned by an individual or in the private/family business holding structure, including advice on information exchange and transparency measures, tax and legal reporting obligations and tax compliance requirements.
Special purpose vehicles/transactions, e.g. advice on acquisitions/ disposals and ongoing compliance requirements of real estate, aircraft, yachts and so on.
Optimising holding structures to meet the individual, family and business objectives, e.g. planning for succession, transactions, family investment companies, trusts, foundations, overseas entities, etc.
Advice on how to set up, manage and govern entities in the UAE and Middle East, including comparisons of establishing onshore or free zone entities, offshore jurisdictions and legal forms.
Devising and implementing shareholder protocols, family constitutions and Next Generation transition education and support to ensure continuity and mitigate potential conflicts.
