Over the past decade, the UAE has become a One the one hand, there are local needs. Family- On the other hand, in a context of high inflation and Over the past decade, the UAE has become a leading private wealth management hub and global gateway for UHNW individuals and their families. The growing single-family office (“SFOs”) ecosystem is a key part of this momentum. One the one hand, there are local needs. Family- owned businesses are a cornerstone of regional wealth generation and the region is on the cusp of an unprecedented intergenerational transfer of wealth. Established by UHNW individuals (“UHNW”) – usually those with a net worth of over USD30 million – to manage positive cash surplus, and safeguard exponentially growing wealth for future generations and sensibly pass it to their heirs, SFOs work at the nexus of these events. Advised on the corporate, tax and legacy planning Conversion of an existing ADGM holding company SFO functionality, tax efficiency, consolidation and Advised on the corporate, tax and legacy planning aspects vis-a-vis the relocation of the functions of a Singaporean based SFO to the UAE, taking advantage of an existing ADGM holding corporate structure. Conversion of an existing ADGM holding company into an ADGM SFO, and incorporation of an ADGM Foundation to own the SFO, as well as an existing ADGM SPV, which in turn owns several classes of assets. SFO functionality, tax efficiency, consolidation and succession planning/wealth preservation were achieved by the proposed corporate structure in the UAE. With 610+ SFOs/PICs under administration, we have Working closely with families, we aim to fulfil the role Recognizing the dynamic nature of family structures, With 610+ SFOs/PICs under administration, we have second-to-none experience and local practical know- how structuring SFOs in the DIFC and ADGM. Working closely with families, we aim to fulfil the role of trusted advisor, providing guidance on all legal and wealth management needs and sourcing the best team to achieve the family’s objectives. Irrespective of the stage of the family’s wealth management journey [See chart ‘The SFO’s Evolutive Journey of a family office], we meticulously organize and safeguard family assets while architecting strategies and vehicles to optimise the SFO arrangement in line with the family’s investment strategy and needs at the time. Recognizing the dynamic nature of family structures, we are regularly entrusted by families to scrutinize their existing frameworks and operations. Our guidance brings forth a transformative touch, offering pathways to enhance and refine these structures, ensuring they are optimized for future prosperity. An entrepreneurial firm A multi-services private wealth Headquartered in the UAE since 2009 Office 116, DAMAC Park Tower B Office 203, 11th Floor Office 11, Level 1 Office 2801, Armada Tower 2 Office 8, Al Gurg Tower 3 M/HQ An entrepreneurial firm for entrepreneurial clients A multi-services private wealth optimization platform supporting successful individuals and international families. Headquartered in the UAE since 2009 (c) Copyright 2024 M/HQ | Privacy Where To Find Us Office 116, DAMAC Park Tower B Office 203, 11th Floor Office 11, Level 1 Office 2801, Armada Tower 2 Office 8, Al Gurg Tower 3 Family
Office
leading private wealth management hub and
global gateway for UHNW individuals and their
families. The growing single-family office (“SFOs”)
ecosystem is a key part of this momentum.
owned businesses are a cornerstone of regional
wealth generation and the region is on the cusp
of an unprecedented intergenerational transfer of
wealth. Established by UHNW individuals
(“UHNW”) – usually those with a net worth of over
USD30 million – to manage positive cash surplus,
and safeguard exponentially growing wealth for
future generations and sensibly pass it to their
heirs, SFOs work at the nexus of these events.
economic uncertainty, many have opted to shift their
proprietary investment infrastructure to the Gulf,
convinced by the UAE’s clear and effective policymaking
combined with fundamentals such as security,
political stability, high GDP, a fiscally advantageous
climate and world class connectivity. An estimated 4,000
millionaires have flocked to the UAE in 2022, a number
predicted to increase by 50% over the next 10 years.
Family Office
Recent Work
The Brief
aspects vis-a-vis the relocation of the functions of a
Singaporean based SFO to the UAE, taking advantage
of an existing ADGM holding corporate structure. What We Did
into an ADGM SFO, and incorporation of an ADGM
Foundation to own the SFO, as well as an existing
ADGM SPV, which in turn owns several classes
of assets. What Was Achieved
succession planning/wealth preservation were achieved
by the proposed corporate structure in the UAE.
Recent Work
The Brief
What We Did
What Was Achieved
How we can help
second-to-none experience and local practical know-
how structuring SFOs in the DIFC and ADGM.
of trusted advisor, providing guidance on all legal
and wealth management needs and sourcing the
best team to achieve the family’s objectives.
Irrespective of the stage of the family’s wealth
management journey [See chart ‘The SFO’s Evolutive
Journey of a family office], we meticulously organize
and safeguard family assets while architecting
strategies and vehicles to optimise the SFO
arrangement in line with the family’s investment
strategy and needs at the time.
we are regularly entrusted by families to scrutinize
their existing frameworks and operations. Our
guidance brings forth a transformative touch, offering
pathways to enhance and refine these structures,
ensuring they are optimized for future prosperity.
How we can help
M/HQ
for entrepreneurial clients
optimization platform supporting
successful individuals and
international families. (c) Copyright 2024 M/HQ | Privacy
Contact
DUBAI - DIFC
Dubai International Financial
Centre
Dubai UAEABU DHABI - ADGM
Al Sarab Tower
Abu Dhabi Global Market Square
Al Maryah Island, Abu Dhabi, UAEDubai - DIFC
Al Fattan Currency House – Tower 2
Dubai International Financial Centre
Dubai, UAEDubai - DMCC
Cluster P, Jumeirah Lakes
Dubai Multi Commodities Centre
Dubai, UAEDubai - Mainland
Baniyas Road
PO Box 186549
DUBAI - DIFC
Dubai International Financial
Centre
Dubai UAEABU DHABI - ADGM
Al Sarab Tower
Abu Dhabi Global Market Square
Al Maryah Island, Abu Dhabi, UAEDubai - DIFC
Al Fattan Currency House – Tower 2
Dubai International Financial Centre
Dubai, UAEDubai - DMCC
Cluster P, Jumeirah Lakes
Dubai Multi Commodities Centre
Dubai, UAEDubai - Mainland
Baniyas Road
PO Box 186549