An overview of Al Tamimi & Company’s Family Business Practice

Photo: Al Tamimi & Company

In the Middle East, family businesses dominate key industries and employ over half the region’s workforce. Family businesses are the mainspring of every Middle Eastern economy. However, they are confronted by major challenges. That is where we can help.

Our Family Business Offering

Al Tamimi & Company is the Middle Eastern leader in the development of robust legal protections to guard against the twin threats faced by every family business:

the severe risks accompanying any transition in senior leadership, namely operational gridlock and internal discord; and

the risk that financial failure in one part of the family business will contaminate the wider business and consume the family’s core assets.

For the past 15 years we have helped family businesses by: 

  • crafting binding family agreements which secure the clear and orderly transition of ownership and enable future stewardship and protection against disruption to the enterprise; and
  • structuring the businesses and investments of families to quarantine core assets against legal risks and exposures.

We offer families solutions which are:

  • workable under Middle Eastern legal systems;
  • flexible enough to accommodate a family's particular requirements; and
  • compliant with Sharia.

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top