What is it actually for?
Holding things. Shares in other companies, intellectual property, and most distinctively real estate in Dubai, which is the feature that makes JAFZA offshore different from other offshore registries.
Families and investors use it to hold property under a company rather than personally, which can simplify succession and ownership arrangements. That is a legal and tax question worth proper advice.
- Holding shares in other companies
- Holding Dubai property in approved areas
- Asset and intellectual property holding
- Succession and ownership structuring