Guernsey fiduciary strikes UAE strategic partnership

Louvre Group has formed a strategic alliance with M/HQ Dubai to enhance its specialist fiduciary services offering from the United Arab Emirates.

Guernsey

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The partnership enables each firm to provide a broader range of services to its clients. M/HQ will initially assist Louvre to service its Middle Eastern clients by establishing and administering a wide range of local companies.

Headquartered in Guernsey, Louvre Group is an international provider of fiduciary and corporate structures to high net worth and ultra-high net worth clients. Its subsidiary, Louvre Middle East DMCC, was established in 2010 to offer private and corporate clients with first-class wealth structuring and administration services.

Through the M/HQ stable, Louvre will also provide new and existing clients with an even more comprehensive selection of services, from legal and local tax advice to audit services.

In turn; M/HQ, which is a legal and corporate services firm operating primarily in the Middle East, will be able to harness the personal and corporate services provided by Louvre Group’s international family office, fiduciary and fund administration experts.

Exciting opportunity

Derek Baudains, chief executive of Louvre, said: “This is an exciting opportunity for both businesses to collaborate and expand the range of services available to our current and future clients.”

Managing partner of M/HQ, Yann Mrazek, said: “Working closely with like-minded firms with an offering complementing ours has been and remains a key to M/HQ’s growth over the past decade. The tie up with Louvre Group is consistent with this strategy.”

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