The UAE real estate industry has continually offered investors attractive returns. The country’s property sector may appreciate despite a recent downturn. An intriguing aspect driving this development is the May 20, 2018, announcement of a 10-year visa. Visa extensions allow investors to stay longer in the UAE, which boosts the real estate market. Real estate stocks rose after this statement, indicating ongoing favourable benefits.
Buying property through an offshore holding company can benefit investors in this promising sector. This method can increase ROI, reduce personal liability, protect privacy, and maintain confidentiality throughout the investing process.
Why Establish a UAE Real Estate Holding Company? JAFZA’s benefits will be discussed after we examine why investors buy real estate through offshore holding companies.
A real estate holding corporation is mostly chosen for confidentiality. Many investors prefer to keep their property holdings private, and a holding company makes that easy. This kind of property purchasing improves privacy and tax optimization.
Owning property through a company reduces personal liability and protects assets, in addition to increasing ROI. It also protects against the complicated UAE inheritance process.
The UAE freezes all business assets if an expatriate business owner dies without a will. Asset distribution without a will follows Shariah law, which divides an estate among family members. Allowing one to choose one’s native country’s inheritance rules is rare. Due to the inanimate nature of properties, offshore holding companies can protect and transfer them.
Why Choose JAFZA? JAFZA offers an appealing business setup package for anyone interested in UAE real estate investment through an offshore holding company. This is why many foreign entrepreneurs choose JAFZA.
JAFZA offers an attractive business structure framework for offshore holding companies that want to leverage UAE property investment. The establishment of a typical offshore company provides businesses with an exceptional degree of flexibility.
Confidentiality: JAFZA makes it easy for investors to protect their property holdings. Offshore companies registered with JAFZA do not publish owner information, unlike free zone companies.
Tax Advantages: JAFZA offshore installations offer tax benefits beyond anonymity. UAE-registered offshore corporations enjoy 0% corporate income tax.
Enhanced Protections: Beyond offshore holding company liability protection, JAFZA offers additional safeguards to its registrants. For instance, non-Muslim offshore company owners in Dubai can prepare a Last Will and Testament in DIFC courts to preserve their ventures.
Jebel Ali Free Zone Authority installation, so, after you’ve decided to form a JAFZA offshore holding company, what’s next?
The next steps vary in complexity. Initial steps include :
Submitting your application is easy if the necessary documents are arranged. Your application or free zone documents may be delayed or rejected if inaccurate. This shows the value of working with a business formation professional who can streamline the application procedure to save time.