Offshore Company Set-up
When buying a property in the UAE, one should consider an offshore company structure in which to hold the asset.
In January 2011, a new law came into effect restricting the jurisdiction in which this could be done to the Jebel Ali Free Zone Authority.
A poignant reason for choosing this form of ownership is to avoid complicated inheritance procedures.
Also the confidentiality it provides and ability to organise assets under a manageable structure. Specialists in this area will provide a speedy and cost-effective company formation service.