Consider a group that is consolidated in the UAE under that country’s favorable legislation. Asset integration and share conversion are free from taxation. Internal monetary settlements within controlled structures such as subsidiaries are greatly simplified. All these features create unique opportunities to build the right architecture for international business to drive out very worthwhile benefits.
The main advantages of consolidating businessand assets in the UAE jurisdiction
Reducing the costs within a group ofcompanies of the management team of multiple divisions.
Adopting consolidated reporting thatshows improved financial performance of the business.
Growth inasset values
Additional capitalization and valuation ofassets that have been combined within a consolidated group.
Preparing a businessto be sold
Elimination of “bad” debts and assets,separation of more liquid divisions for further successful sale.
Access to capitalmarkets
Opportunity to attract funding andlending due to improved business financial performance.
Justification formovement of funds
Legal validation of the grounds used formonetary payments between structures of a consolidated group.
Steps to building business consolidation schemeswith SORP’s guidance:
Preliminary analysis of the goals and objectives of consolidation
We will analyze the activities of the group and the objectives of consolidation, assess the synergistic effect ofthe proposed deal and evaluate potential legal and tax risks.
Selecting the optimal business structuring schemes
Our team will develop the most suitable mechanism for executing a consolidation deal using proven tools andwill help create a restructuring architecture.
Choosing the organizational and legal form, and company registration
We will help you determine the correct type of legal entity with the capabilities required to fulfil the goals andobjectives of the consolidation, as well as actioning its incorporation.
Administration of the business consolidation process
The competencies we have accumulated over many years allow us to solve a wide range of issues, includingsupport in opening bank accounts, legalization of documents and others.
Legal support for the consolidation processes
SORP Group corporate lawyers will develop the necessary contracts within the framework of the new internalgroup relationship, transfer of assets, movement of goods and cash flows.
Preparing consolidated audit reports
We will put together the consolidated balance sheet and support the audit process and procedures required tocertify it.
Legal forms of business and asset consolidationin the UAE
Forming a holding company
Facilitates optimal managementschemes for activities of controlled structures
Forming a consortium
Formalized structure of a temporaryassociation of range of independent companies in the UAE
Mutual ownership of shares in twoor more companies, where one acts as a shareholder in the other
Combining financial indicators toattract investments and participate in tenders
Mergers and acquisitions
Delivers asset value growth aswell as improving management efficiency
Change of jurisdiction to the UAE,a country which provides favorable tax regime
Consolidating business and assets at parent company level and creating international structures and schemes for business optimization are considered as legitimate actions under the United Arab Emirates legislation. This guarantees the confidentiality of the beneficiary’s data, the absence of major taxes and currency controls, and the protection of the rights of investors and their investments. Obtaining UAE tax resident status will allow shareholders and investors to protect themselves from automatic exchange of tax information.
SORP — full range of business registration,support and management services in the UAE
Confidential legal solutions for tax optimization, concealment of beneficiaries and protection from automatic international information exchange.
Turn-key company incorporation, including analysis of your business needs and selecting the most appropriate type of legal entity.
15 years in the UAE market
Expertise and experience in providing professional advice, company incorporation, and supporting client businesses in many sectors of the economy.
Assistance in choosing a bank that is suitable for your purposes, support with opening bank accounts and passing KYC procedures (Know Your Customer).
Leverage business andassets consolidation
SORP Group experts will select the best legitimate solution for consolidating business and assets, as well as help you build the correct scheme of management and capital movement, and generate a positive credit history for your company.
Take your business to the next level using the possibilities provided by UAE legislation.