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01 — Legal

Foreign investment funds and private investment vehicles

Structure investment capital with credibility, control and compliance.

We help fund managers, founders, family offices, investors and asset owners create foreign investment funds and private investment vehicles for international capital management.

A properly structured fund can help attract investors, pool capital, manage assets, separate investor risk from manager liability, improve banking and brokerage access, and create a more professional framework for investment activity.

Our work covers fund structuring, jurisdiction selection, legal documentation, manager arrangements, investor onboarding logic, tax coordination, regulatory analysis and ongoing support.

Ordinary companies are often not enough for investment management

Many investment projects start informally: several investors pool money, one person manages the assets, and the structure operates through a regular company, personal account or broker account. This may work at the earliest stage, but it often becomes unsuitable once the project grows.

A dedicated fund or investment vehicle can help solve several practical problems:

  • Unclear legal relationship between the manager and investors
  • Personal exposure of the manager to investor claims
  • Difficulty attracting new investors
  • Lack of professional documentation
  • Weak investor protection mechanisms
  • Limitations of personal brokerage or bank accounts
  • Poor scalability
  • Difficulties with banks, brokers and compliance teams
  • Tax and reporting uncertainty
  • Inability to present the structure professionally to institutional or larger private investors

Key benefits of a proper fund structure

A dedicated investment vehicle does more than hold assets — it creates a credible, scalable framework for managing third-party capital.

01

A clearer legal framework

A fund creates a structured relationship between the manager, investors, assets, service providers and counterparties. Investors understand the rules of participation, risk allocation, redemption or exit mechanics, reporting, fees and governance.

02

Better investor confidence

Professional fund documentation can make the project easier to explain to investors, banks, brokers, custodians and counterparties. It shows that the investment activity is not simply a private arrangement, but a structured and documented vehicle.

03

Separation of risks

A fund structure may help separate the fund's assets, investor participation and management function from the personal assets and direct obligations of the manager, depending on the chosen structure and applicable law.

04

Easier capital raising

A properly designed investment vehicle can make it easier to onboard new investors, issue shares or units, document subscriptions, manage redemptions and maintain investor records.

05

More suitable banking and brokerage setup

Banks, brokers, custodians and payment providers usually need a clear explanation of the vehicle, source of funds, investor base, investment strategy and management structure. A fund structure can make this process more organized and credible.

Who creates investment funds

From private capital pools to family offices and crypto strategies — the structure adapts to the project.

Private investment funds

For managers pooling capital from a limited group of investors to invest in securities, private deals, digital assets, real estate or other asset classes.

Family investment vehicles

For families or family offices that want to consolidate asset ownership, succession planning, investment control and reporting within a dedicated structure.

Real estate investment structures

For developers, investors or co-investment groups pooling capital for real estate acquisition, development, rental income or resale projects.

Venture & startup vehicles

For investors creating a structure to invest in early-stage companies, technology projects, venture rounds or portfolios of startup assets.

Crypto and digital asset funds

For projects involving digital assets, token portfolios, exchange trading, OTC activity, custody arrangements or crypto-related investment strategies.

Holding & asset management

For clients who need a legal structure to hold, manage and administer investment assets internationally.

Our fund structuring work

From the first concept conversation to ongoing operational support — we cover every layer of the engagement.

01

Fund concept & structure design

We start by understanding the commercial idea behind the fund.

  • Target investors
  • Expected assets
  • Investment strategy
  • Target jurisdictions
  • Expected capital size
  • Manager role
  • Fee model
  • Investor rights
  • Banking and brokerage needs
  • Tax considerations
  • Regulatory sensitivity

Based on this, we propose a structure that fits the project's scale, budget, risk profile and long-term goals.

02

Jurisdiction selection

We help compare possible jurisdictions for the fund, manager, holding company or related entities.

  • Investor geography
  • Target asset class
  • Tax treatment
  • Regulatory requirements
  • Licensing obligations
  • Fund administration costs
  • Reputation of the jurisdiction
  • Banking and brokerage access
  • Reporting requirements
  • Substance expectations
  • Flexibility of fund documentation
  • Investor familiarity with the jurisdiction

We do not select a jurisdiction based only on tax. A fund must also be workable for investors, banks, brokers, administrators and regulators.

03

Fund type & regulatory analysis

Different structures may be suitable depending on whether the fund is private, professional, regulated, exempt, closed-ended, open-ended, venture-focused, real estate-focused or designed for a limited group of investors.

  • A licensed fund manager
  • A regulated fund vehicle
  • A private placement framework
  • Fund administrator involvement
  • Custodian or broker arrangements
  • Investor qualification rules
  • AML/KYC procedures
  • Offering documentation
  • Regulatory filings or notifications

Where local legal advice is required, we coordinate with licensed professionals in the relevant jurisdiction.

04

Legal documentation

We help prepare and coordinate the legal documents required for the fund or investment vehicle.

  • Fund constitutional documents
  • Offering memorandum or private placement materials
  • Subscription agreements
  • Investor questionnaires
  • Risk disclosures
  • Management agreements
  • Advisory agreements
  • Shareholder or unit-holder documentation
  • Side letters
  • AML/KYC forms
  • Internal governance documents
  • Board or manager resolutions
  • Service provider agreements
05

Manager & service provider arrangements

A fund may require several parties to work together: manager, adviser, administrator, bank, broker, custodian, auditor, legal counsel, tax adviser or compliance provider. We help design and coordinate this operational setup.

  • Selecting or coordinating with a fund manager
  • Structuring the management company
  • Preparing management agreements
  • Supporting administrator onboarding
  • Coordinating broker or custodian requirements
  • Reviewing counterparty documentation
  • Helping prepare compliance files
06

Investor onboarding & compliance

Investor onboarding is one of the most sensitive parts of fund operation. We help create a practical onboarding framework covering:

  • Investor identification
  • Source of funds and source of wealth
  • Investor qualification
  • Subscription process
  • Risk acceptance
  • Sanctions and AML checks
  • Recordkeeping
  • Communication with investors
  • Compliance documentation

This is especially important where investors come from several jurisdictions or where banks and brokers require detailed supporting information.

07

Tax & reporting coordination

We help coordinate tax analysis and reporting logic for the fund, manager and investors.

  • Fund-level tax considerations
  • Investor-level tax questions
  • Withholding tax analysis
  • Dividend and distribution planning
  • Capital gains considerations
  • Reporting calendars
  • Accounting coordination
  • Audit requirements
  • Cross-border tax adviser coordination

The objective is to avoid structures that look efficient at the start but become difficult to maintain, report or defend later.

How an engagement runs

Six structured stages from initial consultation through fund launch and ongoing support.

01

Initial consultation

We review the investment concept, target investors, asset class, capital volume, management model and commercial objectives.

At this stage, we identify whether a fund structure is appropriate and what key legal, tax, regulatory and operational issues must be addressed.

02

Structure & jurisdiction planning

We compare possible fund structures and jurisdictions.

The recommendation may include a fund vehicle, management company, holding company, advisory entity, administrator, bank, broker or custodian setup.

03

Legal & regulatory roadmap

We prepare a roadmap for registration, documentation, licensing or regulatory coordination where required.

This helps the client understand the expected timeline, documents, service providers, costs and risk points before implementation begins.

04

Documentation

We prepare or coordinate the fund documents, investor materials, management agreements, corporate documents and compliance forms.

The documentation is adapted to the selected structure, investor profile and investment strategy.

05

Registration & setup

We coordinate registration of the fund or investment vehicle, communication with local providers and completion of the formal setup process.

Where required, we also support bank, broker, custodian or administrator onboarding.

06

Launch & ongoing support

After setup, we can support the fund's operation, investor onboarding, document updates, reporting coordination, service provider communication and legal review of new transactions or structural changes.

Investment-grade structuring with practical implementation

Four principles guide every fund engagement.

01

Cross-border perspective

Investment structures often involve several jurisdictions at once: investor residence, fund jurisdiction, manager location, asset location, banking jurisdiction and tax residence. We help connect these elements into one coherent structure.

02

Practical implementation

We do not stop at theoretical structuring. We help coordinate documents, service providers, registrations, investor onboarding and operational setup.

03

Investor-facing clarity

We prepare structures and materials that are easier to explain to investors, banks, brokers and counterparties.

04

Compliance-first approach

We help clients build structures that can withstand KYC, AML, tax, regulatory and reputational review.

Expected outcome

A structured investment vehicle ready for practical use

By the end of the process, you receive the fund entity, management structure, core legal documents, investor onboarding framework, compliance materials, tax coordination plan and operational roadmap for working with banks, brokers, administrators and investors.

Compliance note

Licensing & regulatory limits

Investment funds and asset management structures may be regulated. Licensing, registration, private placement, investor qualification, AML/KYC, tax reporting and disclosure requirements depend on the jurisdiction, asset class, investor profile and activity of the manager. We do not assist with structures intended to bypass licensing rules, sanctions, AML obligations, tax reporting, investor protection rules or other applicable legal restrictions. Where a structure creates legal, regulatory or reputational risk, we may recommend changes, involve local licensed counsel or decline the matter.

Planning to launch an investment fund or private vehicle?

Tell us about your investment strategy, target investors, expected assets and preferred jurisdictions. We will help you assess the legal, tax, regulatory and operational requirements and design a structure that can work in practice.

International legal advisory for founders, investors, and businesses operating across borders.

Contact

Office 2001-72 Prime Tower,
Business Bay,
Dubai, UAE

+971 4 000 0000

Mon–Fri, 10:00–19:00 (GMT+4)