Overview

What Is a Special Purpose Vehicle in Dubai?

A Special Purpose Vehicle is a standalone legal entity created for a single purpose: to hold assets and isolate them from risk. It ring-fences what it owns, so trouble in one part of your structure stays contained.

An SPV is a passive holding vehicle, not a trading company. It does not run day-to-day operations or need staff. In the DIFC it is known as a Prescribed Company, while ADGM and RAK ICC use their own SPV frameworks.

Riz & Mona structures SPVs across all three UAE jurisdictions. We match the right one to the assets you hold and the outcome you want, then handle the incorporation and ongoing compliance.

Why an SPV

Why Set Up an SPV in Dubai?

An SPV gives investors and corporate groups a clean, low-overhead way to hold assets, manage risk, and structure ownership with legal certainty.

Asset Ring-Fencing

Each SPV isolates its assets, so liability in one entity does not spill over into your other holdings.

100% Foreign Ownership

You can own an SPV outright in all three jurisdictions, with no local shareholder required.

Tax Efficiency

A properly structured SPV can benefit from 0% on dividends and qualifying income, and treaty access.

Privacy

In the DIFC, there is no public register of beneficial owners, which keeps ownership confidential.

Low Overhead

No office, staff, or residence visa is required, so an SPV is cheaper to run than a trading company.

Common-Law Certainty

DIFC and ADGM run on English common law, giving investors a familiar, predictable legal framework.

Jurisdictions

DIFC vs ADGM vs RAK ICC: SPV Jurisdictions Compared

Choosing the jurisdiction is the core SPV decision. Each suits a different priority, legal certainty, cost, or international reach. Here is how the three compare.

DIFC
ADGM
RAK ICC
English common law
English common law
Common law based
Prescribed Company
SPV
Offshore SPV
From USD 100 + 1,000/yr
~AED 6,975 authority
Lowest, offshore
Not required
Not required
Not required
No public UBO register
Strong, regulated
High confidentiality
Complex, global deals
Fast, certain setup
Cost-effective holding
Prestige & reach
Speed & certainty
Lowest cost

Figures are indicative base fees for 2026 and exclude agent and service charges. Confirm current fees before filing.

Cost

How Much Does an SPV Cost in Dubai?

Government fees are only the base. Most clients budget an all-in figure that includes the registered agent and setup support. These are typical 2026 ranges.

DIFC Prescribed Co.

AED 12,000 to 25,000

Base fee from USD 100 plus USD 1,000 a year. All-in cost covers agent and registered office.

ADGM SPV

AED 14,000 to 22,000

Authority fee about AED 6,975. All-in cost adds the registered agent. Strong balance of cost and certainty.

RAK ICC Offshore

AED 8,000 to 15,000

The lowest-cost route, suited to straightforward asset holding and protection.

What Changes Your Cost

  • Jurisdiction

    DIFC sits at the premium end, ADGM in the middle, and RAK ICC is the most economical.

  • Structure Complexity

    Multiple shareholders or layered holdings add legal and documentation work.

  • Registered Agent

    An SPV needs a registered agent or corporate services provider, charged annually.

  • Ongoing Compliance

    Annual renewal, filings, and AML obligations add to the recurring cost.

Pricing Disclaimer

All figures are indicative and split between base government fees and all-in service cost, which is why ranges vary. Actual cost depends on jurisdiction, structure, and ongoing needs. Riz & Mona provides a personalised quote for every SPV.

The Process

How to Set Up an SPV in Dubai

A clear path from asset and goal to an incorporated, compliant SPV.

Step 1

Choose Jurisdiction

The assets and objective are reviewed to select DIFC, ADGM, or RAK ICC as the right home.

Step 2

Define Structure

Ownership, shareholding, and the assets the SPV will hold are set out clearly.

Step 3

Prepare Documents

A business plan, shareholder passports, and KYC are compiled to registry standard.

Step 4

File Application

The application is submitted to the chosen registry, usually through its online portal.

Step 5

Registered Agent

A registered agent or office is appointed, as required by the jurisdiction.

Step 6

Incorporation

On approval, often within days, the SPV is incorporated and its certificate issued.

Get Started

Structure Your Assets With a UAE SPV

Tell us what you want to hold and protect. We will recommend the right jurisdiction, structure the SPV correctly, and handle the incorporation and compliance end to end.

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DIFC, ADGM or RAK ICCClean ring-fencingAgent and office arrangedCompliance managed yearly
Fees are indicative and vary by jurisdiction and structure. Riz & Mona provides a personalised quote for every SPV.