When it comes to family office/businesses, each one is a unique organisation with its own vision or mission and family structure. The company’s financial capital is mostly the family’s own wealth, accumulated over generations.
At Fichte & Co, we are able to offer the custom and bespoke attention to detail, to support your family office business model, to help maximise the interests of the company and the family. We ensure that our clients build a stable legal structure for their assets to ensure their company and family is protected for the long-term future.
Supported by the rest of the legal offerings at Fichte & Co, we provide legal expertise in the areas of:
- Family Constitutions.
- Traditional corporate restructuring.
- Limited liability structures tailored to manage business risks.
- Family corporate governance systems including financial controls.
- Management and resolution of disputes and conflicts of interest.
- Establishment and management of family offices support.
- Contingency plans for death, disasters, divorces, etc.
- Ethics and governance policies
Corporate & Commercial News
On November 15 2021, the UAE President issued Law No. 33 of 2021 to regulate labor relations in the private sector, applicable to the mainland companies (“New Law”). Upon its entry into force on February 2 2022, the New Law shall replace Federal Law no. 8 of 1980 and its amendments. Nonetheless, Law 33 of…
The Federal Law by Decree No. 26 2020 (“Decree Law”), issued on November 23, 2020, introduced new provisions amending various aspects of the Federal Law No.2 2015 regarding Commercial Companies (“Commercial Companies Law”). The Decree Law did not only abolish the general requirement for Emirati Majority participation but also introduced new and amended provisions for…
Introduction The UAE being a commercial hub with an expanding economy, cheques are one of the common forms of payments, regardless of the size of the transaction, and they are also used as a method of security. However, with cheques comes challenges such as bounced or dishonored cheques due to various reasons that can be…
The UAE Ministry of Economy (MoE) announced that all Designated Non-Financial Businesses and Professions (DNFBPs) must complete their registration in the following anti-money laundering systems by March 31, 2021. This is part of the UAE’s Federal Decree No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations….
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At Fichte & Co, Managing Partner Jasmin Fichte leads a team that is ‘impeccable, in all areas.’ It handles an array of high-value claims for international clients and government entities.
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