Recent content by yoyodubai

This is the problem. Are you doing a wait and see approach, or biting the bullet and doing an audit?

With the newly introduced corporate tax in the UAE, I would like to get some clarity on salary. My FZCO will be doing less than AED 3 million so I will be claiming Small Business Relief and paying 0% tax. In previous years, I have been paying myself a significant salary. Now with corporate tax...

With the inspection notices from DIEZ that everyone has been receiving, I thought it would be good to get some input from the community. I have been in contact with IFZA and they maintain that there are no audit requirements for IFZA companies. For reference, my company was incorporated in...

Does anyone have a list of DIEZ and/or DSO approved auditors?

I'm working through the inspection requirements and have a few questions so if anyone who has already completed the process can jump in that would be great. 1. Signed UBO declaration submitted to the registered Authority. What document did you submit? As part of the trade license renewal, you...

Just received my audit request this morning and yes, it came all of a sudden. Especially since IFZA had informed me earlier in the year that there would be no audit for 2023-2024. My company's year is May to April. And of course nothing was mentioned at the time of renewal, except that I may...

I spoke with ifza end of last year and they said something similar. They suggested on waiting to register for CIT as they're expecting new amendments/clarifications for freezone companies. Did you hear something similar?

Good idea! Unfortunately I can't add multiple addresses. I assume this is because it's a company account.

I'm using a third party service that will only issue payouts to a PayPal account as my business is outside the US even though I have a US bank account. Question: I've tested and I can add my US bank account if I use the bank's address (street, city, state, zipcode). My company name is listed...

@Fred, congrats on the new move and best of luck. Question: how are you setting up your personal consulting business? Are you doing this via a free zone or mainland company, golden visa and just receiving income to your personal account, or something else?

awesome. thanks man for sharing.

thanks for sharing. quick follow-up, do you use their services directly or via binance?

Hey! Do you have experience with using dubaiotc's services? i've only used coinsfera, but there rates are significantly higher.

anyone have experience with dubaiotc? any other suggestions for 5 figure USDC amount to cash?

Still happy with your Wio account? No issues?