The Dubai International Financial Centre (DIFC) is a globally recognized financial hub, offering an ideal environment for businesses aiming to establish a strong presence in the Middle East, Africa, and South Asia (MEASA) region. Among its many innovative structures, holding companies and foundations have become essential tools for businesses and individuals seeking asset protection, tax efficiency, and effective succession planning. This guide explores the key benefits and uses of these entities in the DIFC.
Favorable tax regime with access to double tax treaties and exemptions on capital gains.
DIFC entities benefit from tax exemptions on capital gains and dividends under certain conditions.
Robust legal frameworks ensure that assets are safeguarded against external risks and liabilities.
DIFC’s internationally recognized regulations provide credibility and transparency.
Foundations and holding companies are ideal for transferring wealth and ensuring business continuity.
A holding company is a non-operational entity designed to own and manage assets, shares, and investments in other businesses. In the DIFC, these companies are commonly referred to as prescribed companies and are tailored for tax-efficient ownership structures.
Ownership of intellectual property, real estate, and other investments.
Consolidation of subsidiaries and operational entities.
Simplification of international profit repatriation.
A DIFC Foundation is a legal entity that combines the benefits of a trust and a corporate structure, particularly suited for succession planning, wealth management, and philanthropic endeavors.
Foundations enable seamless intergenerational transfer of wealth without the need for probate.
Distinguish ownership and control, allowing founders to manage assets while ensuring future distribution aligns with their wishes.
Protection of family assets from external claims and liabilities
Establish charitable initiatives and manage them effectively through a foundation
With the introduction of a 9% corporate tax in the UAE from June 2023, businesses have had to adapt their strategies for tax efficiency. DIFC remains a highly attractive jurisdiction due to its favorable tax policies for holding companies and foundations.
Dividend and capital gains tax exemptions for qualifying holding companies and foundations.
Clear and predictable tax regulations, aligned with international standards.
Access to a wide network of treaties, reducing tax liabilities on international transactions.
As per Ministerial Decision No. (261) of 2024, holding companies structured for asset management and owned by foundations may qualify for tax transparency or exemptions if:
The absence of inheritance tax is a significant advantage for families establishing foundations or holding companies in the DIFC. This allows for:
At Flying Colour Business Setup Services, we specialize in helping businesses and families establish holding companies and foundations in the DIFC.
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