Implications of the UAE Corporate Tax on Family Wealth Management and HNWIs
The introduction of the UAE Corporate Tax (CT) necessitates a strategic review of Family Wealth Management structures, including Foundations, Trusts, and Family Offices. This post breaks down the implications for HNWIs and explains how to achieve fiscal transparency for qualifying wealth-holding entities.
It details the stringent conditions set by the FTA—focusing on the No Business Activity rule—that must be met to avoid the 9% corporate tax. Learn about the treatment of multi-tier structures, the tax status of SFOs/MFOs, and how to maintain tax efficiency for family members’ Personal Investment Income. Proactive compliance and expert guidance are now essential to preserve wealth in the new fiscal landscape.