Our services
We offer a range of services according to your needs
From consultation to handing over the keys we take care of the whole process.
Real estate
Buying property in the United Arab Emirates is a popular investment opportunity for businesses and individuals. The country offers a variety of real estate options, from apartments and villas to commercial properties such as offices and commercial premises. However, the real estate market in the UAE is dynamic and it is important that you have in-depth knowledge before making an investment decision.
Pantheon Elite is an experienced consulting firm that provides its clients with comprehensive advice and assistance in buying property in the UAE. We work closely with our clients to understand their specific requirements and needs and identify the best options to meet their needs.
Our real estate purchase service includes comprehensive assistance in the search and selection of properties, negotiation of prices and conditions, as well as assistance in carrying out legal checks and processing transactions. We have an extensive network of real estate agents that allow us to quickly and effectively identify properties that meet the requirements of our clients.
We also assist our clients in applying for mortgages and financing for the purchase of real estate. We work with a wide range of financial institutions to provide our clients with access to the best mortgage and financing options tailored to their needs and requirements.
Our property buying service also includes assistance in complying with local laws and regulations. We ensure that our clients are aware of all the legal requirements and restrictions that apply when buying property in the UAE. We also assist our customers in applying for necessary permits and licenses to ensure that all requirements are met and the purchase goes smoothly.
Company foundation
The United Arab Emirates is an emerging business environment and a popular location for companies looking to set up shop in the region. When deciding to start a business in the UAE, there are two basic options: setting up a company in the mainland or in one of the country's many free zones.
Setting up a company in the mainland means that the company is set up in collaboration with a local sponsor called an "Emirati Sponsor". The sponsor will hold 51% of the shares in the company, while the foreign investor will own the remaining 49%. However, there are exceptions in certain industries where foreign investors can own 100% of the shares. An example of this is companies in the Dubai Free Trade Zone.
Setting up a company in a free zone, such as the Dubai International Financial Centre or the Jebel Ali Free Zone, offers foreign investors the opportunity to hold 100% of the shares in their company. Freezones also offer tax benefits, a quick incorporation time, and a simplified registration process. Freezones are ideal for companies operating in the retail, logistics, IT and consulting sectors.
However, there are some limitations to starting a business in a free zone. For example, companies that are established in a freezone must operate within the boundaries of the freezone, which means that they cannot do business within the country. However, companies that are established in a freezone can export services and products to other countries and thus reach a global audience.
There is also a wider range of business opportunities in the mainland, as companies can operate in different industries, while in the freezones, specialized industries such as trade, IT or logistics are preferred. However, starting a business in the mainland usually requires more extensive business experience and knowledge of the local business culture.
Overall, there are various ways to start a business in the UAE, and each option has its advantages and disadvantages. Whether you choose to set up in the mainland or in a freezone depends on your specific needs and requirements. An experienced consulting firm like Pantheon Elite can help you weigh the pros and cons of both options and make the best decision for your business.
Private Placement Life Insurance (PPLI)
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A PPLI is an investment-linked insurance policy, tailored to grow tax preferred in compliance with the client’s tax nationality and residence
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Rather than owning the investment in his own name, the client signs up for an insurance policy
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The insurer opens an account on its own name. The funds will be invested according to the agreed investment strategy and risk profile
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Contrasting with traditional holding structures, the insurance company becomes the ultimate beneficial owner of the policy account and the respective underlying investments
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The client owns an investment-linked insurance policy
Legal & Tax Consulting
Every business start-up should be well planned and tax-optimized. Of course, the same applies to the purchase of real estate.
For example: Dubai does not levy taxes on profits from renting or selling real estate.
For companies, however, a corporate income tax of 9% on profits from AED 375,000 has come into effect since 01 June 2023.
When setting up a company, it is very important to choose the right legal location. There are 46 free economic zones in the United Arab Emirates, which specialize in individual sectors of the economy. Also, some activities are subject to stricter regulatory requirements than others. In this respect, it is important to examine which economic zone is best suited for a specific economic activity.
If several companies are founded because the economic activity is to be located in the respective company, the formation of a holding structure using the special life insurance - Private Placement Life Insurance (PPLI) could be a good approach.
Opening bank account
Differences between companies and individuals
Opening a bank account in the United Arab Emirates is an important requirement for starting a business or moving as an individual. However, opening an account may have different requirements depending on the status of the account holder and the type of account to be opened. This text explains the differences between opening an account for companies and individuals.
Account opening for companies:
Opening a bank account in the United Arab Emirates is an important requirement for starting a business or moving as an individual. However, opening an account may have different requirements depending on the status of the account holder and the type of account to be opened. This text explains the differences between opening an account for companies and individuals.
Documents for companies:
When opening an account for companies, it is usually necessary to provide a number of documents to confirm the identity of the company and its owners. These documents usually include:
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Copy of the Commercial Register
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Business plan
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Confirmation of business address
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Confirmation of the business license
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Passport and identification number of the owners
Account opening for private individuals:
When opening an account for individuals, there are usually fewer documents to submit. An account opening can be done within a few days and only requires a deposit of a minimum amount to open the account. However, it is important to note that the requirements for opening an account may differ depending on the bank and the type of account.
Documents for private individuals:
When opening an account for private individuals, fewer documents are usually required. As a rule, a person only needs to provide the following documents:
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Copy of passport
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Confirmation of address
However, in some cases, it may be necessary to provide other documents, such as a confirmation of the source of income or a credit check.
Residency permit /
visa
No matter whether you need a work, investment, family visa or a residence permit, we are there for you.
We will inform you about the conditions for obtaining all categories of visas and residence permits. We accompany you from the application, to the successful achievement of the desired goal.