Offshore Companies and Trusts
Our corporate lawyers are highly experienced in advising clients on protecting business and personal assets via offshore or trusts.
Our Legal Consultants are registered with the UK Solicitors Regulation Authority (SRA) and the Dubai Legal Affairs Department and are active members of STEP. We have over ten years’ experience providing advice on setting up companies, and trusts, wealth protection, and estate planning to UAE nationals and foreign investors.
Our multi-lingual lawyers will ensure you receive accurate and practical legal advice that is bespoke to your business and/or family objectives. Our team understand the nuances of corporate and trust law when it comes to setting up offshore entities and will provide the advice and skills you need to ensure your best interests are protected.
What is an offshore company?
An offshore company is one that is incorporated in an offshore jurisdiction, for one or more advantageous reasons:
- protection of assets
- succession planning
- lower operational costs
- tax planning
- an allowance for 100% foreign ownership
- flexibility in the transferring of shares
- no minimum share capital is required
What are the advantages of an offshore trust?
When formed correctly, an offshore trust provides the strongest asset protection vehicle available. They offer complete anonymity – which is extremely attractive to many high- net-worth families.
With our robust experience we have advised many international clients on setting up offshore trusts in the UAE region. We can manage every aspect of the structuring and trust deed creation for you.
Why choose us?
We focus on providing comprehensive legal advice and proactive asset protection and succession planning for business owners and private individuals in the UAE and UK.
We are alive to the intricacies of UAE corporate and trust law. For example, 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 is 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 companies and trusts, please contact our experienced team:
Get in touch today to book your complimentary Wills consultation by clicking here with one of our Wills & Estate Inheritance Lawyers. We are happy to help you.