Holding company structure was introduced in 2020
Ras Al Khaimah Economic Zone (RAKEZ) reported a remarkable surge in the registration of holding companies since introducing this company structure in 2020.
The consistent rise in registrations highlights the growing appeal of this innovative investment vehicle, as the total number of holding companies rose by 35% to 329 in the first eight months of 2023 compared to the same period last year, according to a press communique.
“The significant growth in holding company registrations within RAKEZ reflects the confidence and strategic interest of international investors in the country,” remarked Ramy Jallad, CEO, RAKEZ Group.
At RAKEZ, holding companies can benefit from the UAE’s favourable tax environment, a key factor that boosts the appeal for global investors.
Additionally, this structure offers enhanced protection against potential risks and legal claims, an essential feature in today’s complex business landscape. Also, holding companies provide the flexibility to invest in various industries and sectors through their subsidiaries.
