The main purpose of the asset protection is the safeguarding of the company assets from the possible political and business risks. The various assets, financial assets, intellectual property, immovable and movable property, securities, and etc can serve as the object of protection.
Registration of the offshore company in the UAE allows to use the effective tools for asset protection, including:
- Registration of an offshore formation or a company;
- Availability of the nominee service;
- Obtaining of the tax resident status, and etc.
Obtaining of the tax resident status in the UAE is a great opportunity to protect the assets from withdrawing by third parties or other form of loss. The fact is that the residents can count on civil rights and freedoms in the field of asset protection. It is not a secret that the protection of the property rights and business interests in the UAE is enshrined in law.
Nominee service also possesses not less efficiency for asset protection. In this case, a nominee shareholder, who is acting on the basis of the nominee contract, acts as the business owner. In this situation, the actual control is exercised by a real business owner. Owing to the nominee service, the business, registered on the offshore company in the UAE, is ensured a high degree of confidentiality and security of information.
