The Land Department is pleased to issue the following guidelines for registering a property in the name of offshore companies:
- From 1st January 2011, only JAFZA offshore companies will be considered eligible to register their properties with the Land Department.
- The measures apply solely to new registrations after 1st Jan 2011
- Properties currently registered with the Land Department and held by companies established in other offshore jurisdictions are not affected by these provisions
Please contact us, should you wish to know more about JAFZA offshore companies for property ownership.