FAME Advisory DMCC

Policy & Legal Updates

UAE Family Office Planning Requires Clear Sequence and Operational Substance, Advises Shah

Speaking at the Hubbis Wealth Planning & Structuring Forum in Dubai, FAME Advisory DMCC founder Nirav Dinesh Kumar Shah emphasised that families must define their objectives before creating structures. Shah highlighted the transition from holding companies to full family offices, noting that UAE tax authorities are actively reviewing corporate returns and free-zone substance. He stressed that cross-border wealth structuring requires aligning residency, governance, and real operational substance with intended tax positions.

Policy & Legal Updates

FAME Advisory Highlights Tax Execution Risks for Cross-Border Businesses in UAE

Cross-border businesses and families face potential tax pitfalls when corporate service providers misexecute structural tax plans, FAME Advisory DMCC founder Nirav Dinesh Kumar Shah told Hubbis. The introduction of UAE corporate tax has made entity management and compliance adherence critical, as foreign-incorporated entities managed from the UAE can trigger local tax exposure. Shah noted that proper alignment may require reassessing offshore entities, redomiciling to the UAE, or using foundation structures.