Benefits of setting up a holding company in the UAE

Benefits of setting up a holding company in the UAE

Often banking can be a struggle for holding companies, but if you can demonstrate that you own one or more properties, the whole process of working with banks can become far easier.. If you dream of spending more time in the UAE but have problems with your visa, owning your property though a holding company could be the best option for you.. Obtaining a visa is simple if you buy property through a holding company in JAFZA (or by setting up a free zone company without the property.). There are significant tax savings to be made if you buy property via a holding company.. You have an increased level of protection from risks such as debt liabilities and lawsuits.. If you have a residency visa and you hold a UAE business license through JAFZA, it should be far easier to open a corporate bank account..