A family foundation managing the family's assets — is it taxed like an investment company?
التساؤل
If I set up a family entity to manage the family's assets and investments, is it treated like an ordinary investment company for tax purposes?
الإجابة
Not necessarily. Entities that meet the specific definition of a "Family Foundation" (such as an activity limited to managing the assets of members of a single family, rather than an open commercial activity) may receive different tax treatment than an ordinary investment company serving outside clients.
What matters is the actual nature of the activity and its beneficiaries, not how the entity is described in its incorporation documents. At RASEEKH, we help families choose the right structure for managing their assets from the start, rather than needing to restructure later.