LATEST ARTICLES
Bahrain
Raees + Co
Formation of trusts is an effective way of succession planning, as it helps with distribution of any form of property, moveable or immoveable, tangible, or intangible, without affecting the continuity of the business.
Raees + Co
Our Senior Associate, Neha Sachde explains the Inheritance Law in Bahrain for both Muslims & Non-Muslims.
Egypt
Andersen in Egypt
The intricate landscape of trusts has become indispensable for those aiming to shield both corporate and personal wealth. While Egypt's business world has been increasingly leaning into...
Andersen in Egypt
أصبحت رؤية الصناديق الائتمانية أمرًا لا غنى عنه لأولئك الذين يهدفون إلى حماية ثروا
Nigeria
Pavestones Legal
As we grow our assets and wealth either as entrepreneurs, employees or investors, in the tech, banking, manufacturing, energy, agricultural...
Olisa Agbakoba Legal (OAL)
Protecting your assets and at the same time providing for your loved ones is a top priority for any parent.
The Trusted Advisors
Expatriate quota is a type of authorization given by the Ministry of Interior to businesses and registered firms to hire foreign nationals with the necessary capabilities with the intention of teaching...
South Africa
ENS
In 2021, the Financial Action Task Force ("FATF") released its Mutual Evaluation Report of South Africa, which contained an assessment of South Africa's effectiveness in combating money laundering and terrorism financing.
The Sovereign Group
The South African Revenue Service (SARS) announced, on 15 September 2023, new rules for information on the beneficial owners of trusts, including the type of documents that must be submitted.
ENS
Trustees play a vital role in managing trusts, and staying compliant with tax and regulatory obligations is paramount. Recent legislative amendments have brought significant changes...
The Sovereign Group
Amendments to the Trust Property Control Act 1988, which are intended to address the shortcomings in beneficial ownership transparency in South Africa's regulatory framework, were brought into force on 1 April after the implementing regulations were gazetted on 31 March.
The Sovereign Group
South Africa has introduced a new reporting obligation for trustees to keep up-to-date records of the beneficial ownership of trusts and to submit that information...
ENS
Following South Africa's grey-listing by the Financial Action Task Force, trustees within South Africa are finding themselves navigating an increasingly complex legal landscape.
Nexia SAB&T
Nexia SAB&T has developed interactive guides that provide an overview of the more common structures used for doing business but also some detail on the main personal, corporate, and indirect taxes in the relevant year.
The Sovereign Group
These are among the questions facing many South African taxpayers – and for a growing number, the answer lies in offshore trusts.
ENS
The recent case of Nedbank Limited v Houtbosplaas (Pty) Ltd and Another raises interesting considerations for accountable institutions aiming to comply with their obligations under the...
United Arab Emirates
AGP Law | A.G. Paphitis & Co. LLC
When is a company not a company? When is a trust not a trust? When it is a UAE foundation. Many trust, corporate and structural tax professionals have pondered over the form of entity entity...
Ocorian
With the number of foundations registered in the UAE surpassing 650, the structure is increasingly being used as an ‘off the shelf product', rather than a bespoke wealth solution, explains Nina Auchoybur...
BSA Ahmad Bin Hezeem & Associates LLP
Foundations and Trusts are both legal entities that are used to manage assets and provide financial support for specific individuals or organizations.
TMF Group BV
Furthermore, with philanthropic giving on the rise, more families are reviewing their existing succession plans and choosing to restructure their assets by way of a trust or foundation.
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