Recent content by 0ecomoff

Wordwide VISA cards should work for everything right? Maybe they force you to use a local card for rent and electricity but then again, you can rent via airBNB or take over a lease from someone else for cash? what does this mean?

So basically, if you don't plan to open up a local bank account (for what purpose would you need one, really?) and get your income from outside the country, managed by outside banks, you shouldn't run into any issues with taxation on worldwide income, right? I know this is not a legal advice...

Any update on this matter? I would wonder how they would even enforce (if not straight to jail) the taxation of foreign income like trading with e.g. banks in Switzerland? They wouldn't see anything.

I'm in the same position (UAE company, living here) right now, looking for a different living experience for now. Was thinking about Thailand too, but the half year stay limit is so unappealing. There are even tourist visas for 6 months available for some, why even use the DTV then? One solution...

BingX. If you need trading fee discounts, let me know. A friend is working for them.

I am incorporated in Ajman (FZE) with an Investor Visa. It was 3 years in 2020 and soon need to be renewed. So far I like it, not much trouble, good dashboard and all in all 2 visa spots. To my understanding I only get 2 years if I renew now, because the 3 years were only because of COVID...

I was hoping to get advice which Free Zone including prices are available. I don't need another bank account.

Can someone recommend me the cheapest company setup in the UAE for general trading or e-commerce? There are so many emirates and setup solutions, I don't know where to start. I'm looking to trade digital items and already own a different FZE from Ajman but it's not for trading.

someone is selling hundreds-thousands/per month. But what would be the right move? Does the VAT from the customers county really has to be on the invoice?

If someone has a free zone establishment F.Z.E. from UAE as a freelancer and invoices customers from Europe, does he need to register for a VAT number in the invoiced countries, put the VAT % (e.g. Spain 25%, Finland 24% etc.) into the invoice and pay the invoiced countries financial tax office...

I already applied for NEO but can not get an account and password remotely. I will be in the UAE again in 2-3 weeks and will take care of everything. Thanks for your advice about the DEWA bill.

The freelance package gave me an F.Z.E

How about "first tier" countries in Europe? I felt really discriminated in major bank branches like HSBC or RAK Bank even with my "first tier" passport. I have a flat there for a month now and haven't had the time to go to the meeting from other banks yet to "verify" my ID and other paperwork...

Thanks, I will bookmark it. So far with my bank accounts from my home country. I really need to get a bank account at the UAE, but it seems to be not that easy with the freelance package.

What do you mean with ESR? I'm still having problems to find a bank with my FZE.