Where to set up a family office
| Hub | What it offers | Best for |
|---|---|---|
| DIFC (Dubai) | Dedicated family wealth regime and Family Arrangements framework; deep advisory/banking ecosystem | Single & multi-family offices, prestige |
| ADGM (Abu Dhabi) | Common-law framework with family-office and foundation structures | Succession, foundations, funds |
| RAK ICC / offshore | Cost-effective holding companies to own assets and shares | Asset-holding layer under the family office |
| Mainland / free zone company | Operating or management company for the family's businesses | Running active family businesses |
What a family office handles
- Investment management and consolidated reporting across assets
- Holding and protecting assets, shares, property and IP
- Succession and governance (often via a foundation)
- Tax and regulatory structuring across jurisdictions
- Family admin: residency, education, philanthropy, next-generation planning
Family office — FAQs
What is a family office and do I need one in the UAE?
A family office is a private structure that manages a wealthy family's investments, assets, succession and admin in one place. Families set one up in the UAE for a stable, tax-efficient base — the UAE has attracted record numbers of high-net-worth individuals, and DIFC and ADGM offer dedicated frameworks.
DIFC or ADGM for a family office?
Both are common-law financial centres with family-office frameworks. DIFC has a dedicated family wealth regime and a large advisory/banking ecosystem in Dubai; ADGM is strong on foundations and succession in Abu Dhabi. The right choice depends on where you're based, your structure and your advisors.
How is a family office usually structured?
Commonly a holding company (often RAK ICC/ADGM/DIFC) owns the family's assets and businesses, with a family office entity providing management, governance and succession (sometimes via a foundation). Get legal/tax advice to design it around your family.
Does a family office give residency?
Yes — the structure supports residence visas, and principals/investors can qualify for the 10-year Golden Visa. That combination of wealth structuring plus long-term residence is a key reason families relocate to the UAE.
How much does a UAE family office cost?
It varies widely with the centre (DIFC/ADGM), the structures used (holding company, foundation, operating company) and advisory fees. It's a bespoke setup — get a tailored quote rather than a headline number.
Related
General information, not legal, tax or financial advice. Structures and rules vary — take professional advice from a licensed advisor and the relevant authority (DIFC, ADGM).
Last updated: September 2026 · Maintained by the My Business Setup editorial team