an international team of experts with a proven track record of successful projects in tax and legal matters
ALPINE Group’s expertise in the UAE is confirmed by a DIFC commercial license (CL8981), which allows us to provide services in the Dubai International Financial Centre (DIFC) directly, without intermediaries. The company is registered with the Dubai Financial Services Authority (DFSA) as a DNFBP and is supervised by it for AML purposes.
ALPINE Private is itself a registered agent in the DIFC. Client and foundation information is not shared with other intermediaries and is disclosed only where required by law.
Controlled Inheritance of Assets Through a Private Foundation in the UAE
Assets held in the Foundation are not part of the Founder’s estate
No asset freeze during the inheritance process; no need for complex administrative procedures across different jurisdictions
Assets are distributed according to rules set by the Founder in the Foundation’s documents
No restrictions on asset use when inherited by minor children
May reduce inheritance tax, subject to the laws of the relevant countries
Reduces the risk of lengthy inheritance disputes
The procedure and timing of asset distribution are set by the Founder in the Foundation’s documents
Gradual transfer of assets to heirs is possible
Transfer can be conditional (e.g., upon receiving education, gaining proven investment experience, etc.)
Protection of heirs through the Foundation’s coverage of essential needs (e.g., health insurance, housing, legal services, etc.)
Investing Through a Private Foundation
The Foundation’s transactions are governed by DIFC law. Transfers of assets to the Foundation and distributions to beneficiaries are subject to the tax and currency rules of their countries of residence, which should be reviewed with local advisors. ALPINE coordinates this review with the client’s advisors.
Asset Protection Through a Private Foundation in DIFC, UAE
Once transferred to the Foundation, assets are held by a separate legal entity (the Foundation), rather than in the Founder’s personal accounts. Asset recovery is only possible through a court process. According to the DIFC Foundations Law:
Disputes concerning the Foundation are governed exclusively by DIFC law
A transfer of assets to the Foundation cannot be set aside merely because the law of another country does not recognise foundations or provides for forced heirship rights
A three-year limitation period is established for claims disputing contributions to the Foundation or similar matters
The Foundation’s officers act under the Charter, the By-laws and DIFC law, and instructions based on foreign law are not binding on them
Ownership Confidentiality:
Information on beneficiaries, distribution rules, Foundation governance and financial reporting is not published in a public register. It is accessible to the registered agent and competent authorities as provided by law
Reporting obligations of the Founder and beneficiaries in their countries of residence (for example, controlled foreign company rules) depend on local law and should be reviewed with local advisors
The roles of Founder and Contributor can be separated, for example when several family members contribute assets
Centralizing all assets within the Foundation structure, coupled with regular oversight by the Foundation Council, along with financial reporting and audit, significantly reduces the risk of asset loss.
A Foundation is not intended to avoid legitimate creditor claims: the source of funds is verified when the Foundation is established.
A Private Foundation in the UAE – A Tool for Continuous Asset Management
Business assets, including operating companies in various jurisdictions, can be transferred to the Foundation
Management of operating companies can be flexibly structured at the Foundation level (different levels of involvement and authority for the Founder and successors; predefined scenarios for various situations)
The death of the Founder does not affect the ownership structure of the assets
Agreements with business partners (shareholder agreements, etc.) are arranged at the Foundation level and are not tied to the Founder personally
A Private Foundation Protects Against Risks Such As:
Your personal accounts are blocked by a bank following a change in its policy, and your family temporarily loses access to funds.
The primary asset holder in your family passes away unexpectedly, and their assets are frozen during the inheritance process.
Personal circumstances (for example, illness) prevent you from continuing business, and without agreed governance rules the business becomes unmanageable.
A family conflict or divorce paralyses the management of a business you have built over many years.
Your underage heirs inherit significant capital, lose motivation to learn and grow, or make poor investment decisions and lose assets.
Your heirs are unaware of substantial foreign investments you’ve made, and they can’t claim those assets during inheritance proceedings.
A collection important to you holds no value to other family members and is neither preserved nor displayed.
Your heirs can’t access quality education because inheritance triggered prolonged legal disputes.
Public document. Provided to the register of companies.
Non-public document. Held by ALPINE PRIVATE – Registered Agent.
Why a Private Foundation in the UAE?
A friendly country
Banking system ranks among the world’s top 20 financial centers
Convenient logistics
Economic stability
Advanced Foundation legislation complemented by English law
Banks and service providers experienced with international clients, subject to standard due diligence
Easy and effective interaction with government authorities
Why Set Up a Foundation with ALPINE PRIVATE
ALPINE PRIVATE is a registered agent in the DIFC (Dubai International Financial Centre), holding a DIFC commercial licence (CL8981) and registered with the Dubai Financial Services Authority (DFSA) as a DNFBP
Expertise in international tax, family and inheritance matters. The setup, asset transfers and ongoing operations of the Foundation take into account the Founder’s and Beneficiaries’ countries of residence, with local advisors involved where needed
The owners of ALPINE PRIVATE and trustees on the Foundation’s board are independent legal and investment professionals, recognized experts in their fields
Client due diligence (KYC* and AML**) in line with DIFC standards: clear requirements and timelines
*KYC: verification of the client’s identity **AML: verification of the source of funds
Sergey has over 20 years of experience in tax and legal advisory for private clients and family offices. He leads a team of more than 20 experts at ALPINE Group and previously held partner-level roles in the private client and tax practices of advisory firms.
His focus is international tax planning, asset structuring and tailored solutions for the protection and succession of private capital, combining strategic thinking with a deep understanding of international regulation.
His work has been recognised by leading international legal and tax rankings.
Natalia Pushkina
Natalia has over 20 years of experience in finance, accounting, insurance and banking. At ALPINE Group she is responsible for strategic development and the operational management of the firm’s offices.
Private and institutional wealth management
Structuring of investment products and solutions under different legal regimes
Support of cross-border transactions for high-net-worth individuals, family offices and foundations
Oversight of investment compliance and risk
Natalia holds a Master’s degree in Finance and Investments and professional certifications in wealth and investment management.
Maxim Klyuchnikov
Maxim has over 20 years of experience in tax planning, asset structuring and personal holding structures. He currently focuses on drafting documentation for, establishing and administering private foundations in the UAE.
International holding structures and corporate structuring
International tax planning
Tailored solutions for private capital, taking into account controlled foreign company rules and international regulatory requirements
More than 400 projects on personal holding structures
His work has been recognised by leading international legal rankings.