A RAK ICC Foundation is a versatile and robust structure designed for individuals and families seeking long-term wealth protection, governance, and legacy planning. With a distinct legal personality, a foundation separates liability while allowing the founder to maintain control of assets and ensures perpetual existence beyond their lifetime.
Foundations are ideal for holding family assets, managing operating companies, distributing dividends, or supporting philanthropic initiatives. Guardian oversight and a strong governance framework ensure responsible management, accountability, and smooth succession.
With streamlined compliance with minimal administrative burden this combination of flexibility, control, and legal protection makes RAK ICC Foundations an optimal solution for families, entrepreneurs, and philanthropists who want to secure their wealth, manage their assets efficiently, and leave a lasting impact for future generations.
MS provides end-to-end guidance in setting up a RAK ICC Foundation, ensuring a smooth and compliant process tailored to your objectives. From designing the Foundation structure and drafting the Charter to completing registration and establishing governance, our team supports every step. We help you manage and protect assets, hold shares or investments, distribute dividends, and plan for succession. Additionally, MS ensures ongoing compliance with RAK ICC regulations, including AML requirements, while maintaining confidentiality and minimizing administrative burden. Whether your goal is family wealth protection, philanthropic initiatives, or long-term legacy planning, MS delivers a seamless, secure, and customized solution to bring your vision to life.
MS provides end-to-end guidance in setting up a RAK ICC Foundation, ensuring a smooth and compliant process tail... read more
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