Legal Question in Business Law in United Arab Emirates

We are looking to establish an open ended investment fund which will initially be funded with a few friends and family members. The investment mandate will be to invest primarily in public equities. The fund will start off with US$500k..

The fund will need to have a corporate structure that can open a bank account and a brokerage account

We would like your advice regarding the appropriate company structure that will facilitate the above requirements with the minimal set up and ongoing costs and paperwork.


Asked on 4/26/18, 1:17 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

17.05.2018

Dear Sir / Madam,

You may contact a local Chartered Accountant in your vicinity who can guide you through the entire process.

Regards,

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Answered on 5/17/18, 8:48 am


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