Guernsey-headquartered Louvre Group has formed a strategic alliance with legal and corporate services firm M/HQ Dubai to enhance its specialist fiduciary services offering from the United Arab Emirates (UAE).
The partnership will enable both parties to provide a broader range of services to their clients. M/HQ will initially assist Louvre to service its Middle East clients by providing a variety of corporate services. The firm can also establish and administer a wide range of local companies for new clients.
Through the M/HQ stable, Louvre can also provide new and existing clients with a more comprehensive selection of services ranging from legal and local tax advice to audit services.
In turn, M/HQ will be able to harness the personal and corporate services provided by Louvre Group's international family office, fiduciary and fund administration experts.
Louvre's access to its extensive international network means it can increase the range of services and expertise that M-HQ can provide to its clients.
Louvre Chief Executive Derek Baudains said the opportunity was exciting opportunity for both businesses to collaborate and expand the range of services available to our current and future clients.
"Like Louvre, M/HQ is a customer-centric boutique firm that ensures clients receive the highest level of personalised service," he said.
"With over 40 years' of experience providing private and corporate service solutions and a global insight, Louvre Group is well placed to meet the challenges of modern wealth structuring and fund administration."
M/HQ Managing Partner Yann Mrazek said lining up with Louvre was consistent with his company's strategy.
"Working closely with like-minded firms with an offering complementing ours has been and remain a key to M/HQ's growth over the past decade," he added.
For more information about Guernsey's finance industry please visit www.guernseyfinance.com.
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