The Double Taxation Agreement (DTA) signed between Jersey and
the United Arab Emirates earlier this year is just one of a number
of deals signifying the growing collaboration between the two
jurisdictions.
Jersey Finance established a regional office in the UAE five
years ago and has been very proactive ever since in raising
awareness of Jersey in the Emirates. UAE-based investors and high
net worth individuals look to Jersey to assist with the structuring
of their wealth and investments through the use of Jersey-based
trusts, foundations and companies.
Client teams at TMF Jersey frequently assist clients from the
UAE and elsewhere in the Middle East with investments in, and the
development of, real estate; often located in the United Kingdom.
Sharia-compliant investments such as Murabaha financing is quite
often used to partly or wholly fund the acquisition or development
of property. The DTA falls in line with the UAE Ministry's
emphasis on strengthening
