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Recent content by Checkmelater

  1. C

    Does the new UAE tax apply for RAKICC offshore companies?

    Yes but you still UAE resident so if you live there you will have to pay CIT, maybe interesting for people outside the country but in this case just open an US LLC ..
  2. C

    Switching from Freezone to Mainland issues

    Why 55 % ?
  3. C

    My New 0% tax Setup in Qatar

    In free zone it’s still 0%.
  4. C

    Dubai Corporate tax + Pay out maximum

    corporate tax = tax on benefits company 100k AED is not high salary when Marketing Director can own between 30-50k monthly Managing director can easily have 100k monthly and more with bonuses Don’t forget this is Dubai one of the most expensive city in the world you can easily justify 100k...
  5. C

    Dubai Corporate tax + Pay out maximum

    Not making any sense I’m sorry but the guys who told you this they told you bulls**t, in Arabic the text is even more clear and it says, (I read Arabic) you pay if you are involved in activity without companies, it’s for free lancer or peoples who make money without company, for exemple you have...
  6. C

    Dubai Corporate tax + Pay out maximum

    1.000.000 AED personal profits is different thing, salary from company is not taxable but for exemple if you have profits from a personal activity like I don’t know affiliations, you will have to pay even if it’s not company profits but personal profits They put this also for free lancer .. in...
  7. C

    Does UAE classify foreign companies as local Taxable residents?

    So for example if you live in Qatar and have UAE company you don’t pay corporate tax ?
  8. C

    Does UAE classify foreign companies as local Taxable residents?

    Yes but at first it’s benefits right so you pay tax and then you invest your benefits ? You can’t deduce benefits by buying stablecoins ??
  9. C

    Does UAE classify foreign companies as local Taxable residents?

    So we juste have to exchange AED with USDT / USDC hold it 12 months to avoid to pay taxes if benefits is higher than 375k AED ?
  10. C

    EU IBAN UAE Freezone

    3s money will offer you EU IBAN in Luxembourg, I worked with them for 1 year it was perfect, I stopped because I changed my setup but I only can recommend them. They have GB IBAN but also Luxembourg IBAN and really good international FX fees to convert in AED. Work with big amount and they have...
  11. C

    My New 0% tax Setup in Qatar

    Still planning, atm I’m good in the UAE for the next 3 years because of the small relief
  12. C

    Nomo Bank for UAE Residents is finally here

    No they don’t
  13. C

    Dubai is dead, any alternative to the free zone 9% tax?

    Maybe Free zone complaint against FTA because they become useless and their business model are almost dead actually and they ask for less aggressive taxation rules
  14. C

    Dubai is dead, any alternative to the free zone 9% tax?

    honestly until 1M USD it can be tax free with expenses and salary. Maybe more than that, 400-500k AED salary / month is ok I think depend on your role in the company.
  15. C

    Dubai is dead, any alternative to the free zone 9% tax?

    Wake up we are in 2024 and since 6 months everybody knows that free zone has to register for CIT and pay it for unqualified activities.
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