UAE Holding Companies
Concerns mainly clients operating Malta Companies …but also Cyprus and other EU Companies or Non EU – Seychelles – Companies with bank accounts in the EU.
Malta
(scroll down for Cyprus and other EU structures)
Use of a “Double Malta-Malta” Structure (Malta Holding Company of another Malta Company – necessary to achieve the 5% effective corporate tax rate in Malta) – Recommendation / Suggestion to improve the corporate structure and avoid the EU banking, confidentiality and financial crisis risks.
We recommend inserting a UAE holding company “above” all existing Malta structures for the following reasons.
UAE – Malta” structure = UAE holding company of Malta subsidiary
The UAE – Malta structure it is the most popular structure among clients recently as a hedge to avoid unnecessary risks.
- The Malta – Malta structure is less optimal tax-wise than the uae-malta structure.
- The Malta – Malta structure is less favorable for confidentiality purposes as Malta is under the EU exchange of information regime while UAE is not and has not signed any exchange of information agreements with any other countries.
- The Malta – Malta structure is problematic for ensuring security of funds in Malta banks, if there is an “EU induced” banking haircut/crisis in Malta in the next few years, as if there is a UAE holding company with UAE bank account, funds can at a click of a button be transferred out without the bank raising compliance issues for the transfer as the transfer is to the holding company (when banks are “squeezed” they overzealously apply compliance procedures to slow down the flight of deposits).
- It avoids, in these risky times, “putting all our eggs in the same basket”
- Most local providers promote the Malta – Malta structure for purely commercial reasons as they do not have a presence in other jurisdictions – our firm is in a position to offer improved structures due to its solid international presence and expertise
Cyprus and other EU Corporate structures as well as Non EU – Seychelles – Companies with bank accounts in the EU
For similar reasons (especially 2., 3. and 4.) the same is also recommended generally for other structures.
We recommend inserting a UAE holding company generally “above” all existing EU structures (or non-EU but with EU bank accounts) for the above reasons.
UAE Company Formation Packages | |
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Start-up Packages | Company Set-up in Dubai, RAK and UAE |
UAE Offshore Company Formation | Startup Package |
By forming an offshore company in the UAE you can have a UAE address and run your business tax free internationally, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK | Dubai Offshore Company Ras Al Khaimah - RAK ICC Company |
Free Zone Company Incorporation in the UAE | Startup Package |
By setting up a free zone company in the UAE you can enjoy the privileges of onshore presence and UAE and international trading tax free, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK. Residence Visa is given to investors and staff. | Dubai Free Zone Company RAK Free Zone Company Sharjah Free Zone Company: Abu Dhabi Free Zone Company: |
Extra UAE Company Set-up Services on request | Prices |
Virtual office, telephone answering, mail forwarding, accounting, tax and VAT services and consulting, PRO services and Visa processing | On request - we price our services very competitively and are flexible to find fair agreements with clients |
Offshore Companies and Free Zone Companies in Dubai, RAK and UAE | |
RAK Offshore Company - RAK ICC | Dubai Offshore Company - JAFZA |
DMCC | RAK Trade Free Zone |
DAFZA | Ajman Free Zone |
JLT | RAKIA - RAK Investment Authority |