This form is intended to clarify submission requirements and does not need to be submitted to DMCC.
DMCC authority reserves the right to request additional documents at any stage of the process.
DMCC Single Family Office (hereinafter DMCC SFO) is a standard FZ LLC company structure with a specific license to allow wealth, asset and legal affairs management of a single family and provide other administrational or concierge services related to that same family only; whether to a family member, family business, family entity (corporate structure) or family trust or foundation. DMCC SFO can also hold shares in family business, assets, trusts and foundations.
The DMCC SFO must be owned 100% by that same family.
Business Activity on the license will be Single Family Office.
Description: Includes offices founded by family members for the provision of services to the same single family; such services include wealth management, asset management, concierge work, day to day accounting and management of legal affairs, corporate governance issues and all the adm...