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Recent content by MillionCents

  1. M

    Which country you recommend for second citizenship

    - What is the minimum requirement $$$ - Looking to invest in real estate/ rather than in a business - Country should not be black listed or in grey area
  2. M

    Banking for UAE free zone IFZA company

    WIO is fine, my FZCO is using it since two years and we handle mid 6 figure transactions monthly with no issues at all. Payments from HongKong or NewYork never been an issue for WIO. You can set up a EUR or USD account with them too, pretty good and easy to use so def recommend it, but as stated...
  3. M

    Switching from Freezone to Mainland issues

    I currently own a freezone company in Dubai but am planning to expand with employees and office space. To achieve this, transitioning to a mainland company is necessary. After extensive discussions with my freezone authority, including visits and multiple phone calls, I’ve confirmed that it's...
  4. M

    Any idea how to move mid 6 figures crypto to Dubai?

    I've noticed that several local online crypto exchanges like Rain, Coinmena, and BitOasis now allow you to send USDT, convert it to AED, and withdraw it to your local bank account. Over the past six months, I transferred about 500,000 AED this way without encountering any issues with my bank...
  5. M

    Dubai Corporate tax + Pay out maximum

    Hi, I own a Freezone company in Dubai and generate a monthly profit of around 300,000 - 400,000 AED. I typically pay myself a monthly salary ranging from 70,000 to 90,000 AED, along with an additional 50,000 AED in bonus payments. My goal is to maximize the amount I can pay out to my personal...