All Collections
Forming your company in ADGM
ADGM Foundation
What can an ADGM Foundation be used for?
What can an ADGM Foundation be used for?
Lee McMahon avatar
Written by Lee McMahon
Updated over a week ago

Foundations can be used for asset preservation, income protection, family estate planning and business succession.

Foundations are regularly used by entrepreneurs as a holding vehicle for their shares in their businesses, by families for estate planning instead of trusts and by high net worth individuals as an asset preservation tool.

A Foundation cannot be used for charitable purposes and cannot conduct commercial activities unless they are ancillary to its primary purpose (but can be used to hold shares in a commercial entity).

Did this answer your question?