28th Annual International Private Client Conference: New realities in the private client practice
5 Mar - 7 Mar 2023
Session information
Description
Middle Eastern clients often use offshore/overseas entities to structure the assets they acquire all over the world. What are the main reasons for that, and for not using more often structures such as UAE Trusts and Foundations, Saudi family offices/ corporations and others? What are the main characteristics of these entities and is it ‘safe’ to use them whether by Middle Eastern clients or foreign clients to the region? This panel will address these topics, including a history of the above-mentioned structures, to whom and to which assets/projects this structuring is addressed and whether the structures in the Middle east might ‘replace’ other classical structures notably for the Middle Eastern clients.
Session / Workshop Chair(s)
Carine Youssef Tohme | Tohme Law Firm, Beirut, Lebanon; Diversity and Inclusion Officer, Private Client Tax Committee |
Ajay Wiltshire | Saffery Trust, Dubai, United Arab Emirates; Middle East Liaison Officer, Private Client Tax Committee |
Speakers
Marianne Kafena | Harbottle & Lewis, London, England |
Rima Mourad | BSA Ahmad Bin Hezeem & Associates , Dubai, United Arab Emirates |
Sunita Singh-Dalal | Hourani & Partners Legal Consultancy, Dubai, United Arab Emirates |