Solutions
Benefits & Features of Property Holding Companies
This company is used for asset management and property holding. These properties can be immoveable ones such as a house, apartment, yacht, ship etc and moveable ones such as shares, bonds, rights, etc
The company is exempted from taxation and in a jurisdiction where there is no capital gains tax. It is a limited liability company, which has as its name says with limited liability. Ownership is confidential. Sale of a property for example, can only mean the sale of the company, which automatically avoids the element of transfer tax in the country where the property is situated.
- Property Holding
- Asset management
- Businessman looking for asset protection against potential liabilities
- No Capital Gains Tax
- No tax on income (rental, capital, etc)
- Avoidance of double taxation
- Confidential vehicle
- Can avoid transfer tax in country where property is held
Only in resident state of beneficiaries