This article explores the benefits of setting up a RAK Foundation. Ras Al Khaimah, the northernmost emirate in the United Arab Emirates (UAE), is emerging as a distinctive hub for business and philanthropic activity. Offering a robust economic and legal framework, it presents an attractive proposition...
This article explores the concept of family offices, focusing on their formation through Ras Al Khaimah International Corporate Centre (RAK ICC). In the realm of wealth management, affluent families and individuals often seek comprehensive solutions to efficiently organize, grow, and preserve their assets for future generations....
Setting up a Foundation in the UAE can be complex and requires careful planning and attention to detail. A foundation in the UAE is a type of legal entity that is gaining a lot of attention recently. It is separate from its founders and operates under...
Understand the concept of the UAE Foundation A foundation is an autonomous legal entity that is separate from its founder. The foundation consists of council members and the founder. The foundation's founder allocates assets to the foundation, which are treated as separate from those belonging solely...