DMCC establishes Foundations Regulation for private wealth structuring

DMCC has formally established its new Foundations Regulations as a legal framework for high-net-worth individuals, family offices, entrepreneurs and international private wealth clients. A DMCC Foundation is established as a legal entity separate from its founder, councillors, guardian and beneficiaries. The framework enables assets to be held and managed in accordance with the Foundation's stated objectives and governance arrangements, providing structured mechanisms for long-term asset holding, succession planning, wealth preservation and intergenerational continuity. Founders can establish provisions covering beneficiaries, asset management and distribution, governance and decision-making arrangements. DMCC Foundations can be established with initial assets starting from US$100. The framework follows DMCC's announcement in June of its intention to introduce Foundations. DMCC is advancing final elements of the framework's market rollout, including supporting guidance and a streamlined digital onboarding experience set to be introduced in the coming weeks.