Recent content by Brokenby2703

Hi ! My previous CPA which did take care of filing form 1120 & 5472 run out of business (closed down) due health problem (covid) I'm searching for a new one. I don't wanna fill it up by myself. Any suggestion ? Thanks BB

Never got any problem. Used for 1 year time. Very professional (in 2018 but don't know if their service still good)

I was not clear enough, sorry. Bank won't accept anything based on FLEXI DESK SHARE package. By the way survey here around and you may read many facing trouble with a RAK FZE company (Flexi Desk package) in open a bank account....

Hi Guys anybody with experience opening bank acount in Jersey (offshore UK) ? Feedback + comments will appreciated especially for business account. Thanks Brokenby2703

I read it in the GULF NEWS newspaper in October last year when I was in UAE for vacation/work I will ask my agent to source for it. RAK FZ are officially blacklisted. No dare to approach a bank... they will simply not entertain any more same as IBC.

Yes confirmed. Unless you are willing to share with them a lot of personal informations (other bank account / names of clients & suppliers / bank statement) AND AND AND put down at least US$ 200/250k in their fixed bank account under your NEW personal account that they will happy to open for...

GIFFGAFF will be your friend. Bought one via amazon. got it in 3 days. Bought a second one directly from their website. No stress for ID verification and so on.... Just remember to make a phone call once a while and a top up as well.

If you feel losing trust on your agent, I can ask my agent to check and follow up with you. I can write to them saying that you have trouble to get it done with your local agent. See if they are willing to assist you at least to check whether your ICC if properly formed. Write in private a...

Sorry to ask you. Did you set up a RAK ICC LIMITED company ? If yes, did you get the RAK ICC official certificate like the one in attachment? Did you get from your agent the following ? - MOA - REGISTER OF OFFICERS - REGISTER OF MEMBERS all duly signed and stamped by RAK ICC ? Only registered...

My flat neighbour in Marina Bay is renting his 2 bedroom @ AED 139.000 / year half furnished (Kitchen and toilets) I'm renting my flat minimum one week @ 8.000 AED but it's for 4 persons. Please note that any hotel in Dubai in Marina Bay charge you around 1.000 AED per 2 adults without breakfast...

No.... I start to setup in December 2017. At that time RAK was on high. It was perfectly smooth, not a single hiccup. But as you know, UAE are sourcing income selling license.... all emirates are in continuous competition among themselves....

If you are planning to buy house, your resident VISA will come along with it. You have to apply but it is included normally If you don't plan to buy house but to move there then you need to have a resident working visa. So either you get employed or you setup your company. Forget RAK consider...

I have two holiday house which I use for renting and self funding. One is in Marina DUBAI under EMAAR One is in Orlando, FL as a lot of Mexican and Brazilian like to go there in house rather then hotel. The Orlando is at 95% paid so eventually I will move the US income to cover the DUBAI flat...

:cool::p

For your reference about ESR in UAE including RAK FZE