Offshore Structures

offshore_structures_uae

An offshore company is one that is incorporated in an offshore jurisdiction, for one or more advantageous reasons :

  1. Legal and Asset Protection
  2. Succession Planning
  3. Simpler Set-up
  4. Less Formalities
  5. Thinner Capitalisation
  6. Lower Operational Costs
  7. Tax Benefits
  8. Privacy and Anonymity

Our focus is on providing advice and actions related to asset protection and succession planning for business owners in the UAE. In this jurisdiction, company shares do not pass automatically by survivorship and have to be probated in the case of a shareholder’s death – often resulting in lengthy processes that affect the performance and profitability of the company. This gets compounded when the company has more than one key shareholder, or upon the death of a husband and wife who are joint shareholders.

We can help with planning and creating special purpose offshore vehicles that are structured to meet the requirements of individual clients, so that shares can pass without probate and the company goes through a seamless transition.

To obtain more information on setting up Offshore Structures & Companies, please contact our experienced team. Email us at info@twslegal.ae or call +971 4 448 4284.