The global trend toward strengthening controls over businesses leaves fewer legal methods of tax burden minimization, fund flow optimization and settlement distribution. However, legislation within the United Arab Emirates provides entrepreneurs with a unique set of tools to shield themselves from the automatic exchange of financial accounting information required by the Common Reporting Standard (CRS).
Put SORP Group’s effective international tax planning tools to work for you
Success factors for tax planning schemes centered in the UAE
When planning tax optimization through Emirati companies, it is important to analyze the factors and opportunities that impact the success and stability of schemes being considered:
Obtain UAE tax resident status
Obtained on a non-investment basis, for shareholders, directors and others.
Comply with international requirements
Specifically those requiring a company’s management and control to be located in the place of incorporation.
Confirm Economic Substance in the UAE
In order to avoid additional taxes in the jurisdiction the place of business operations.
Appoint nominee shareholders
To conceal the beneficiaries and confirm that the entire business structure is unaffiliated.
Choose an effective international strategy
For applying treaties on the avoidance of double taxation between the UAE and other countries.
Follow the trend of deoffshorization
Make sure that any contractors registered in ‘tax havens’ have been excluded from regular business operations.
You can easily circumvent the requirements of various countries’ legislation for controlled foreign companies by using the legal opportunities offered by the UAE, and by applying trust instruments and nominee services. SORP Group experts guarantee to choose only the best solutions for you based on
legal advantages for shielding beneficiaries’ data.
SORP solutions for successful international planning based on UAE legislation
Bespoke business model preparation
Which will be an ideal tool for optimizing taxation, maintaining confidentiality of beheficiaries, creating secure structures and entering international markets
Tax planning and consulting
We analyze legal methods of international tax planning based
on successful cases and offer optimal solutions for you to do business tax-free.
Methodologies and business analysis
We will conduct a detailed audit
of current contracts and business schemes as well as eliminate the risks of non-compliance with the legislation, and adjust strategy
Business registration and licensing
We will choose the jurisdiction
for incorporation as well as the right legal form of the company, get approvals , and pass “turnkey” licensing procedures
Opening bank accounts
We guide you through bank KYC compliance with your choice of the leading UAE banks. Our know-how gets things done quickly with top quality support.
SORP nominee services
We will provide nominee directors and shareholders with restricted rights as allowed by legislation to avoid transfer pricing and also
to conceal actual beneficiaries.
Business Accomodation
SORP business center provides excellent solutions for renting fully equipped office spaces to suit all requirements and for passing all licensing procedures.
Outsourced business processes
It makes sense to use SORP’s expert professional administrative, immigration, accounting and tax competencies, saving the cost of employing highly paid personnel.
Legal support
SORP Group’s corporate lawyers, and our strategic partnerships with the best lawyers in the UAE and around the world, provide superb legal support for your business.