The S family, a prominent African dynasty with vast business interests across Africa, the Americas, Asia, and Europe, faced the challenge of managing their diverse portfolio, which included real estate, logistics, agriculture and services sectors.
The family’s founder was burdened by the constant travel between continents, overseeing operations, and maintaining family unity.
With his family spread across multiple continents and a growing desire to prioritize time with his children, the founder sought a strategic solution to consolidate operations and secure the family’s legacy.
Dawia Family Office utilized the business (re)domiciliation regulation available in the UAE to relocate most of the holdings from far away unfriendly jurisdictions, consolidating the family business and reducing the requirements for business trips.
We chose the RAKICC for the (re)domiciliation of the family’s businesses because of its efficient and business-friendly regulations.
This seamless transition leveraged the existing strengths and added new opportunities in Dubai’s strategic environment.
We Leveraged strong banking relationships to open and operate accounts for complex structures, safeguarding and relocating more than USD 15 million to the UAE within six months.
This ensured the family’s wealth was securely managed in a favourable jurisdiction.
Our team facilitated the seamless relocation of key family members to Dubai, addressing both personal and business needs.
We created a comprehensive ecosystem that included top-tier education and venture support for the founder’s children, ensuring their successful integration into Dubai’s dynamic environment.
By emphasizing Dubai’s unmatched connectivity, particularly through Emirates Airlines, we ensured that the founder could frequently visit his children while managing global operations from a central location.
This strategic advantage allowed him to balance personal and professional responsibilities effectively.
The RAKICC allows for the continuation of existing businesses without the need to close and restart, preserving beneficial existing connections while establishing new ones in the UAE.
Dawia Family Office leveraged Dubai’s strategic advantages, including the (re) domiciliation regulation under RAKICC and the exceptional services of Emirates Airlines, to help the S family consolidate their operations and improve family cohesion.
It demonstrates the effectiveness of our business engineering and legal and tax advisory services, providing both functional benefits and emotional fulfillment for the family.
Are you a founder seeking to optimize your business operations and ensure a smooth transmission of your legacy to the next generation?
Do you long for more quality time with your loved ones while maintaining control over your global ventures?
Dawia Family Office can make it happen.
Contact us today to discover how we can leverage the UAE’s unique advantages to streamline your business, secure your legacy, and provide you with the peace of mind you deserve.
Let us help you build a future where your business thrives, and your family stays united.
