PRIVATE CLIENT & FAMILY BUSINESSES

CVML

Published on March 10 , 2026

Key Legal and Governance Considerations

By: Perla Baaklini

Businesses and family-owned enterprises across the UAE and wider region often operate through complex ownership structures, cross-border investments and multi-generational leadership frameworks.

Periods of regional uncertainty can prompt families and business owners to reassess how these structures operate in practice, particularly where liquidity, governance and succession planning intersect.

While the UAE remains a stable and well-regulated environment, internationally mobile families and family businesses may wish to consider whether existing arrangements provide sufficient flexibility and resilience to respond to evolving circumstances.

Key considerations

A number of key areas commonly become relevant in this context, including liquidity planning, asset structuring, governance frameworks and succession arrangements. Reviewing these elements together can help ensure that both business operations and personal wealth structures remain aligned and sustainable.

1. Liquidity and Cash Flow Planning

Understanding whether sufficient liquidity exists at both business and personal levels to manage periods of disruption, particularly where wealth is concentrated in illiquid assets.

2. Asset Structuring and Ownership Frameworks

Reviewing how assets are held across entities and jurisdictions, and whether existing structures support long-term planning, risk management and operational efficiency.

3. Governance of Family Businesses and Investment Structures

Assessing whether decision-making processes, roles and reporting lines are clearly defined as ownership expands across generations.

4. Succession Planning Across Jurisdictions

Ensuring that wills, estate planning arrangements and ownership structures are aligned across relevant jurisdictions, particularly for families with international assets.

5. Family Office and Advisory Coordination

Maintaining clear coordination between family offices, advisors and key stakeholders to support decision-making and operational continuity.

Taken together, these considerations highlight the importance of periodically reviewing the frameworks that support both family businesses and private wealth structures.

Families that adopt a proactive approach to governance, structuring and succession planning are generally better positioned to maintain continuity and respond effectively to changing circumstances.

How CVML can assist

CVML advises family businesses, high-net-worth individuals and family offices on governance frameworks, asset structuring and cross-border succession planning across the UAE.

If you or your organisation would like to discuss any aspect of this guidance note further, please don’t hesitate to reach out to your usual CVML contact, or email:

Perla Baaklini, Associate, CVML (p.baaklini@cvml.ae)