An SPV is a separate legal entity created to isolate specific assets, liabilities, or projects from a parent company. It's a versatile tool for various corporate structures.
SPVs offer numerous benefits, including asset protection, risk management, tax efficiency, and enhanced flexibility in structuring transactions.
Yes, SPVs are commonly used for real estate investments, allowing for asset segregation and potential tax advantages.
Popular jurisdictions for SPV set up in the UAE include Dubai International Financial Centre (DIFC), Abu Dhabi Global Market (ADGM), and Ras Al Khaimah International Corporate Centre (RAK ICC).
Costs vary depending on the jurisdiction, legal structure, and additional services required. Generally, expenses include government fees, legal fees, and ongoing maintenance costs.