BIZ Opportunity in Dubai- Get Free Advice- R U Looking to setup UR Business in Emirates
R U Looking to setup UR Business in Emirates
To enter Dubai UAE, s market foreign companies face certain barriers including language, cultural and legal considerations. We offer foreign investors the opportunity to mitigate these barriers by establishing a Joint Venture to share our resources and expertise to gain a competitive advantage in the market. Our Joint Venture Companies benefit from being part of a larger group and infrastructure with access to unrivalled resources, connections and support.
As a Business Zone Company, you have access to:
• Direct Government Departments
• Corporate Services
• An Extended Network of Powerful Contacts
• The Services and Support of our Affiliates
Dubai enacted a new investment Trust Law in 2006 and provides for a strong legal framework for individuals and corporations seeking to open trusts, particularly investment trusts, in Dubai.
An offshore trust is created when assets are transferred to a trustee. The trustee becomes the legal owner and is responsible for managing the assets and distributing them to the beneficiaries of the offshore trust (which could include the person or corporation which transferred the assets to the trustees) in accordance with the terms of the trust deed.
Dubai is a lucrative and highly attractive jurisdiction to create a trust. It is the 7th emirate of the UAE and a very rich state. Its political stability is excellent and is a desired location for many offshore investors, with an expatriate population of 83%. Dubai has no corporate taxes, nor does it insist on tax information exchange agreements. Privacy is highly regarded in this jurisdiction, and the need for disclosure of a trust owner is unnecessary.
If you have Trust or Foundation anywhere and interested to have Setting up Trust or foundation in UAE, Bari & Co Ltd will fully assist you.
Private relationship, for example, in the Isle of Man offshore trust deeds are not publicly registered
Wealth protection
Tailored to specific family requirements
Recognized in all common law jurisdictions
Increasing recognition in important civil law jurisdictions
An important tool in international income, capital gains and estate tax planning
Used by corporations for employee benefit plans, retirement and stock option schemes, insurance plans and special financing arrangements
Due to Dubai’s widely appreciated reputation for being a profitable and productive financial centre, it attracts individuals to open trusts on the basis of holding a good reputation.
Further advantages of having a trust in Dubai are;
No minimum capital is required to set up a trust
There is 100% tax exemption
Foreigner ownership is permitted
Dubai offers a high level of anonymity, which most individuals opening a trust primarily seek
There is no inheritance tax or forced heir ship rules, allowing controlled distribution of wealth
Avoiding probate
There are no exchange control regulations
High level of Asset protection and wealth management
Shares and stocks in both quoted and private companies
Investment portfolios
Real and intellectual property
Bank deposits
Life assurance policies
Most other types of asset
A foundation is the solution for individuals who:
Want to preserve their wealth against uncertainty; political, economic or family related
Want to transfer wealth to their heirs in a tax-efficient manner. They want to plan their estate to maximize the benefits of their wealth for family members and others
Want to transfer wealth to their heirs in accordance with their wishes and not in accordance with the laws of the country where they live
Want to consolidate the ownership of assets owned throughout the world in one location
Want centralized reporting
Want to minimize or eliminate estate taxes arising on the death of the founder
