17 Hrs
Source:
الاقتصادية
Dubai DMCC Introduces Wealth Planning Framework
Today's article focused on the Dubai Multi Commodities Centre (DMCC) adopting new regulations for the establishment of entities, aimed at expanding private wealth management solutions and corporate structuring for high-net-worth individuals, family offices, and entrepreneurs. The regulations provide a flexible legal framework that allows for the creation of independent entities from the founders, capable of holding and managing assets in accordance with a mutually agreed governance structure, with initial capital starting at just $100. This measure seeks to strengthen Dubai’s private capital ecosystem, facilitate succession planning, ensure the sustainable preservation of wealth across generations, and connect structuring solutions with investment opportunities and markets worldwide—further enhancing Dubai’s status as a global wealth management hub.
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