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January 24, 2019

SO-LE Studio creates unconventional and striking jewellery using leather remnants from the luxury fashion industry. Fresh from winning the Top Next Generation Entrepreneur Award at our European Families in Business Awards, founders Sole Ferragamo, an artist, designer, and the granddaughter of Salvatore Ferragamo, and Leila Hoda, a banker turned humanitarian turned entrepreneur, spoke to Alexandra Newloveabout offcut inspiration, chance meetings, and the double-edged sword of a famous name.

SO-LE Studio creates unconventional and striking jewellery using leather remnants from the luxury fashion industry. Fresh from winning the Top Next Generation Entrepreneur Award at our European Families in Business Awards, founders Sole Ferragamo, an artist, designer, and the granddaughter of Salvatore Ferragamo, and Leila Hoda, a banker turned humanitarian turned entrepreneur, spoke to Alexandra Newloveabout offcut inspiration, chance meetings, and the double-edged sword of a famous name.

January 15, 2019

How the Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy”.

The Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy” (through digital platforms like Airbnb) in the article 111 of Law 4446/2016, as amended and in force.

Important definitions

A sharing economy is considered to be any model where digital platforms create an open market for the temporary use of goods or services that are often provided by individuals.

January 14, 2019

Classic cars are in the fast lane of luxury assets, but what are the nuts and bolts of collecting to consider? James Beech is in the driving seat

Classic cars are in the fast lane of luxury assets, but what are the nuts and bolts of collecting to consider? James Beech is in the driving seat

Each year East London’s vast ExCel centre is overrun by more than 40,000 discerning owners, collectors, experts, and enthusiasts who flood the events space on the banks of the River Thames for the London Classic Car Show. Hidden among the masses, passion investors from global multigenerational family businesses are hard to spot, but they are here.

January 8, 2019

India’s traditionally cautious investors are using family offices to diversify their allocations into riskier assets and face disruption head on. James Beechreports

Locally orientated, ‘risk lite’, with a strong preservation ethic. This has been the traditional profile of Indian family investments, dominated by senior wealth holders with a preference for safe and steady assets. Fuelled by operating businesses where any profits have been funnelled back into the business, diversification has traditionally meant investing in subsidiaries of the family business or real estate, rather than new asset classes. Yet could a new breed of family investors with a desire to professionalise private investment be set to break this mould?

January 7, 2019

Georgia is becoming an increasingly popular jurisdiction for doing business both domestically as well as internationally. Attractive factors include the country’s top international ranking on ease of starting and maintaining a business, as well as the fact Georgia has proven itself to be a corruption-free destination. 

Georgia is becoming an increasingly popular jurisdiction for doing business both domestically as well as internationally. Attractive factors include the country’s top international ranking on ease of starting and maintaining a business, as well as the fact Georgia has proven itself to be a corruption-free destination. 

January 2, 2019

The Gulf has seen transition planning become a key area of focus in recent years. Across the region, transition-friendly systems and laws are being explored

The Gulf has seen transition planning become a key area of focus in recent years. Across the region, transition-friendly systems and laws are being explored, with fresh initiatives and platforms aimed at providing support to business and high net worth families.

Both the Dubai International Financial Centre and Abu Dhabi Global Market have family office and holding company regimes. The Abu Dhabi Chamber of Commerce and Industry is exploring the setup of a dedicated Family Business Leadership Centre.

December 18, 2018

Last year, the Cypriot House of Representatives voted into law the revised criteria for determining the tax residency of individuals in Cyprus.

Last year, the Cypriot House of Representatives voted into law the revised criteria for determining the tax residency of individuals in Cyprus.

Specifically, a second test was added in addition to the 183 day rule for individuals who do not spend more than 183 days in Cyprus or another jurisdiction. As per the new test, all of the following three criteria should be met for an individual to be considered a Cyprus tax resident:

• Remains in Cyprus for at least 60 days in the year of assessment

December 17, 2018

Family offices are becoming increasingly popular amongst India’s growing ultra-wealthy population, but while family businesses are deeply entrenched in the country, family offices are still a relatively new phenomenon. Susan Lingeswaranreports

Family offices are becoming increasingly popular amongst India’s growing ultra-wealthy population, but while family businesses are deeply entrenched in the country, family offices are still a relatively new phenomenon. Susan Lingeswaran reports

When Uday Kotak, managing director of Kotak Mahindra Bank and the eighth-richest person in India, announced earlier this year that he was setting up a family office to invest his $10.3 billion fortune, it was hard to ignore the sense that a tide had turned.

December 12, 2018

Family and non-family principals of Ireland’s leading food retail and wholesale company crowded the stage to accept the Top Family Business Award 2018 as next generations vowed to build on the success of their families at the gala ceremony in Madrid.

Family and non-family principals of Ireland’s leading food retail and wholesale company crowded the stage to accept the Top Family Business Award 2018 as next generations vowed to build on the success of their families at the gala ceremony in Madrid.

The Irish family that claimed this year’s leading prize at the CampdenFB European Families in Business Awards paid tribute to the “fantastic families” who shared their “best in class” stories on the stage.

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