Better Homes Dec 2009

Page 67

Kiss your assets goodbye?

– Company incorporation and management

Or take steps to protect them. Are you unsure of local inheritance laws? Whatever your nationality, purchasing assets in the UAE through an offshore company can offer significant benefits, such as:

– Trusts and trustees

A company can own any asset – be it property, shares, even a yacht.

– Succession planning

Property sales can be transacted simply through a transfer of shares in a company.

– Offshore banking

Domestic law code and inheritance provisions can be avoided.

– Free Zone set up

A company provides a good legal framework for joint investments. A company provides added privacy and confidentiality, and can have a local corporate bank account to accept rental returns.

– Personal and corporate tax planning

services – Offshore credit cards – Property holding

With 10 years of experience in Dubai, and 25 offices in various offshore jurisdictions, Sovereign has expert knowledge in all areas of legal asset protection. So don’t let your assets loose, set off on the right track with Sovereign. Contact John D. Hanafin, Managing Director Tel: +971 4 397 6552 Email: dubai@SovereignGroup.com

www.SovereignGroup.com Offshore & Freezone Specialists since 1987 Bahamas, British Virgin Islands, The People’s Republic of China, Cyprus, Denmark, Dubai, Gibraltar, Hong Kong, Isle of Man, Malta, Mauritius, The Netherlands, Netherlands Antilles, Portugal, Seychelles, Singapore, South Africa, Switzerland, Turks & Caicos Islands, United Kingdom and Uruguay.

structures – Asset management – Mutual fund set up and licensing – Yacht registration


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