Corporate Governance & Fiduciary Solutions

At Consult Kumar, we specialize in corporate governance and fiduciary solutions to help businesses and individuals effectively manage their assets, comply with regulations, and achieve financial security. 

Our expert services ensure that your wealth and business interests are protected while adhering to UAE corporate laws and international compliance standards.

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Secure your business and assets with expert corporate governance solutions. 

Contact us today to discuss your needs!

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Why Are Corporate Governance & Fiduciary Solutions Important?

Strong corporate governance and fiduciary structures provide several key benefits:

1. Corporate Governance & Compliance

  • Ensure adherence to UAE corporate laws and international regulations.
  • Maintain transparency and ethical business practices.
  • Implement robust governance frameworks for long-term sustainability.

2. Estate & Succession Planning

  • Ensure a seamless transfer of wealth to your heirs.
  • Avoid disputes and uncertainties in inheritance matters.
  • Plan for future generations with a structured legacy strategy.

3. Asset Protection

  • Protect your assets from creditors, lawsuits, and unforeseen risks.
  • Establish a legal structure that secures your wealth.
  • Maintain confidentiality and privacy over financial affairs.

4. Tax & Regulatory Compliance

  • Navigate complex tax laws in Dubai, UAE, and internationally.
  • Ensure compliance with financial regulations and reporting requirements.
  • Minimize tax liabilities through strategic planning.

5. Business Continuity Planning

  • Secure the future of your business with succession planning.
  • Prevent disruptions in case of leadership changes or unforeseen events.
  • Ensure smooth management transitions through corporate trust solutions.

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Not sure which corporate governance structure is best for you?
Speak with our experts for a personalized consultation!

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Your Trusted Partner in Corporate Governance & Estate Planning

At Consult Kumar, we act as your dedicated fiduciary partner, ensuring your wealth and business interests are managed, protected, and distributed according to your wishes. 

Our experienced professionals provide end-to-end governance and estate planning solutions with integrity, transparency, and professionalism.

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Our Role in Corporate Governance & Fiduciary Solutions

1. Corporate Governance Advisory

  • Implementing best practices for corporate compliance.
  • Structuring governance frameworks for effective decision-making.
  • Ensuring alignment with UAE corporate laws.

2. Personalized Trust Management

  • Administering your trust based on your specific needs and goals.
  • Providing customized estate planning strategies.
  • Ensuring compliance with UAE and global trust regulations.

3. Ethical & Professional Governance

  • We uphold the highest standards of transparency and compliance.
  • Our fiduciary experts ensure ethical management of your assets.
  • We safeguard your interests while fulfilling legal obligations.

Let us handle the complexities of corporate governance and estate planning—schedule a consultation today!

Our Corporate Governance & Fiduciary Services

At Consult Kumar, we offer a wide range of corporate governance and fiduciary services tailored to individuals, families, and corporate clients.

1. Corporate Governance & Compliance Services

  • Developing corporate policies and governance structures.
  • Ensuring regulatory compliance with UAE authorities.
  • Providing board advisory and corporate structuring solutions.

2. Trust Establishment & Administration

  • Setting up and managing your trust for secure wealth transfer.
  • Ensuring efficient administration according to your wishes.

3. Corporate Trustee Services

  • Professional trusteeship for businesses and corporate clients.
  • Ensuring compliance with UAE trust and corporate laws.

4. Foundation Formation

  • Establishing private and charitable foundations for legacy planning.
  • Supporting philanthropic goals with structured governance.

5. Legal & Statutory Services

  • Ensuring compliance with all UAE legal requirements.
  • Handling trust documentation, reporting, and regulatory filings.

6. Provision of Professional Officers

  • Appointing experienced officers to manage trust and estate affairs.
  • Ensuring proper oversight and governance.

7. Liaison with Legal & Financial Advisors

  • Assisting in drafting trust deeds and legal documents.
  • Collaborating with top legal experts to ensure compliance.

8. Tax & VAT Advisory Services

  • Optimizing tax strategies to maximize wealth preservation.
  • Providing expert guidance on VAT regulations in the UAE.

9. Accounting & Reporting

  • Maintaining accurate and transparent financial records.
  • Providing detailed trust and estate financial reporting.

10. Investment & Asset Management

  • Strategically growing and protecting your wealth.
  • Working with leading financial advisors for optimal returns.

11. Securities Custody & Safe-Keeping

  • Secure storage and management of financial assets.
  • Ensuring the safety of shares, bonds, and investment portfolios.

12. Estate Settlement & Probate Services

  • Efficient handling of probate and wealth distribution.
  • Ensuring hassle-free estate settlement for beneficiaries.

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Explore our full range of governance and fiduciary services. 

Let’s create a customized plan for your financial security—get in touch now!

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Get Expert Guidance 

Protect your assets and secure your legacy with professional corporate governance and fiduciary services from Consult Kumar. 

Our experts are ready to assist you with customized governance and estate planning solutions.

Book a FREE Consultation

FAQs

How to apply for UAE resident visa?
Residence Visa in the UAE can be obtained through multiple ways such as applying for a job, purchasing a property, getting sponsored by the spouse, opening a company, and applying for the freelance permit.

How to apply for spouse and dependent visa?
After the principal owner of the company has successfully gotten his/her UAE resident visa along with Emirates ID card, you may proceed with applying for your spouse and kid’s visa

Can I apply for all dependents visas?
Yes, you can apply for all dependents visa, subject to the rules of the Emirate from where your visa is from, if it is a Freezone based UAE resident visa then it is as per each Freezones regulation

What about sponsoring domestic help and or driver?
In some cases, it is limited to only applying for domestic helper’s visa, in Mainland company ownership, applicant can expect to process all kinds of visa requirement subject to both immigration and labor approval

Can I transfer visa from one Emirate to another?
Transfer of visa between Emirate is not allowed, you may hold visa between job or company in Dubai Mainland

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FAQs

ConsultKumar advises all its clients to reach out to us with your query as rules and regulations may have changed at the time of you reading this information.

Call us on 050 6577025 / 050 5527930 or email us help@consultkumar.com or you may chat with us on whatsapp. We will be sure to address your queries within 1 hour.

Is there a fee to open a Bank account in UAE?
To open a bank account there is no fee, each bank operating in the UAE have different requirements to provide you with a bank account which may either be in the form of maintaining a minimum average balance from AED 10,000 – AED 200,000 a month, to Zero or less than AED 10,000 average balance however the bank would charge you monthly rental and or all other services may come at a fee.

Bank account opening for a Mainland vs Freezone is there a difference?
Yes, Mainland company will find it easier to open bank account due to inherent stronger compliance of a Mainland firm. It must be noted bank account processing is at the discretion of the bank and its internal compliance regulation.

Companies operating in Freezone such as JAFZA, DAFZA, KIZAD, ADAFTZ, DSOA, DMCC, DIC, DIP, DMC, SAIFZONE, Ajman Freezone can find it easier to open bank account however subject to all other bank requirements are fulfilled by the applicant.

Can a non-resident open a company and personal bank account in UAE?
Yes, subject to banks required documentation are in proper order.

What are the documents required to open Bank account in UAE?
In general bank requires all owner(s) to be present at time of bank opening.

License, Memorandum and Articles document, a genuine lease agreement, off late having a virtual desk and or flexi desk in a freezone deters banks from offering banking services. Besides incorporation document banks will also require each shareholder(s) personal documents such as passport copies, residence visa page, emirates ID document, proof of residence in some case, providing a business plan, turnover declaration, names of suppliers and customers for establishing references, if you are new entity in UAE then your home country documents such as proof of address, bank reference letter, your personal CV or that of all partners.

Why some Freezone company have difficulty in opening Bank Account in UAE?
Some Freezone provide with lease agreement which is Flexi, virtual or smart desk, in such case banks find it difficult to establish physical location of the client’s company, therefore it is essential to understand banking standard requirements in UAE before opening a trade license. There are new digital banking products offered by leading national banks in UAE such as Emirates NBD, Mashreq, RAK, ADIB, ADCB for new start-ups this can address the issue in bank account rejection. (if the rejection is based on individual compliance then you must approach the said Bank for clarification)

Can I open Bank account of a UAE company outside of UAE?
Yes, ConsultKumar provides service of opening bank account outside of UAE, in legitimate and internationally recognized jurisdiction with strong banking structure. In some case we provide this service without having to travel for bank account opening.

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