International investors purchasing property in Dubai must use a JAFZA Free Zone company to hold ownership of the property. JAFZA companies allow for 100% foreign ownership and permit holding of real estate. They also have no corporate or personal taxation, no exchange controls or local residency requirements for shareholders. The document provides contact information for Intuit Consultancy, who can assist with setting up and serving as the local agent for JAFZA companies to facilitate property purchases in Dubai by international investors.

1. 3 February 2013
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JAFZA Companies for International Investors to hold Dubai properties.
International investors purchasing property in Dubai must use a JAFZA Free Zone company if
they do not want to own the property in their own name. Shares in the JAFZA Company can be
held personally or through another holding company, or ultimately through a trust or a foundation
if a parent company structure is in place.
Features of JAFZA Offshore:
» 100% Foreign Ownership
» Can hold real estate property
» No Corporate or Personal taxation
» No Exchange controls
» No Recruitment restrictions
» No local residency requirement for shareholders, directors and officers
» The only offshore company permitted to own an interest in immovable property in Dubai
Intuit can assist JAFZA Companies, and to serve as their local agent. If you have any clients
considering buying of property in Dubai, please contact us on bc@intuitconsultancy.com
If you wish to have a discussion with our Partner, Mr. Piyush Bhandari, please write an email to
piyush@intuitconsultancy.com and he is also reachable on +9840302727.
Intuit Research Team
Intuit Management Consultancy
India Tel: +91 9840708181
Dubai Tel: +971 4 3518381
Email: newsletter@intuitconsultancy.com
www.intuitconsultancy.com
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