Assets and Succession Planning in UAE
Structuring your assets effectively
Our expertise centers on two crucial areas: protecting your assets and ensuring a clear, efficient succession plan. We aim to facilitate the seamless transfer of your assets to your chosen beneficiaries without the need to involve UAE Courts or undergo Probate.
How We Achieve This?
We utilize various structures to safeguard your assets and streamline succession planning, including:
– Free Zone Companies
– Foundations (similar to Trusts)
– Holding Companies, also known as Special Purpose Vehicles (SPVs)
Where We Can Help?
Tailored Advice: We provide bespoke guidance on structuring and protecting your UAE assets, ensuring you have a robust and secure framework in place.
Confidentiality and Transparency: Our structures are designed to offer both privacy and clarity, giving you peace of mind.
Avoiding Probate: We help you establish a clear and recognizable succession plan, avoiding the expensive and time-consuming Probate process.
Compliance with Sharia Law: We offer advice on structuring assets to complement Sharia Law, facilitating wealth distribution in line with your wishes.
Why Choose Aura Ventures?
Choosing Aura Ventures means partnering with a team dedicated to safeguarding your assets and ensuring their smooth transition to your beneficiaries. We combine deep local expertise with a commitment to confidentiality and efficiency, making us the trusted choice for asset protection and succession planning in Dubai.
Let Us Structure Your Assets: Drop Us a Line and We'll Get in Touch Promptly
Frequently Asked Questions
What is the benefit of structuring my assets through a Free Zone company?
Structuring assets through a Free Zone company provides numerous advantages, including 100% foreign ownership, tax exemptions, and simplified processes for asset protection and succession planning. This can enhance confidentiality and offer more control over your assets.
How does a Foundation differ from a Trust?
A Foundation is an independent legal entity that combines features of both a Trust and a company, offering flexibility and asset protection.
What is a Special Purpose Vehicle (SPV)?
An SPV is a type of holding company used to isolate financial risk. It holds specific assets and liabilities independently, providing an extra layer of security and flexibility in asset management and succession planning.
How does Aura Ventures ensure confidentiality and transparency in asset structuring?
We design our structures to maintain strict confidentiality while ensuring full transparency in their operation. This dual approach protects your privacy while complying with legal and regulatory requirements.
Why is avoiding Probate beneficial?
Avoiding Probate saves time and money by bypassing the lengthy and costly legal process of validating a will.
How can structuring my assets help comply with Sharia Law?
Proper structuring ensures wealth distribution according to Islamic inheritance principles while fulfilling your personal wishes.
What makes Aura Ventures different from other advisory firms?
We offer deep local expertise, personalized solutions, and a commitment to confidentiality and efficiency.
Can I change my succession plan in the future?
Yes, our flexible structures allow for adjustments as your circumstances or wishes change.
What are the steps to get started with Aura Ventures?
Contact us to schedule a consultation, discuss your needs, and propose tailored solutions for asset protection and succession planning.
How long does it take to set up a Free Zone company, Foundation, or SPV?
Setup typically takes a few weeks to a couple of months, depending on complexity. We provide a detailed timeline during the consultation.