dubai

Hi, Can someone help we clarify if I am correct here? Let's say that you operate an offshore business with an HK or BVI company (therefore not taxable) and you reside (and receive your salary in Panama (for instance) or Dubai. Does that means that you pay zero corporate taxes and zero incomes...

I've been reading some of the Tax Treaties signed between the UAE and other countries and I'm surprised to see that in many of them the definition of "resident individuals" only seems to include UAE nationals. Here are example extracts from some of these treaties defining what is a "resident...

I have recently tried several USD withdrawals from IBKR to UAE bank accounts. All of them were rejected by local banks because it was missing the "necessary regulatory information". For sending payment to the UAE, the regulator requires two extra pieces of information: 1) a residency indicator...

Hi all, new here. I'm currently in the process of forming a FZ company doing ecommerce, marketing, consulting and IT sercvices. (have my eyes on DIC, open to suggestions where you think is best) My brother has a mainland company. Wondering how or what way can we share/transfer profits/revenue...

I have 2 citizenships, say A and B. I entered Dubai few months ago with an employment visa (hiring myself through a company I formed in one of the free zones) and with citizenship A. Now I'd like to dissolve the company, cancel the employment visa and re-enter Dubai with a freelance visa. The...

Hi, from what I know need to enter Dubai at least 1 time every 6 months to keep the resident visa active. But what's the minimum amount of time that I need to stay there for each entry? 1 day, 24 hours, a few hours? Can I just exit through immigration and then immediately go back inside...

Hello. I have an online blogging business. I pay close to 37% tax in India on my income. And also Indian new RBI policies are making international transactions hard. I'm looking to incorporate an LLC in either Singapore or Dubai for tax saving and ease of transactions. I consulted 3...

Hello everyone, I am in the process of getting UAE residency (Dubai) with a freezone company. As far as I understood, banking here is pretty hard, so I would like to open another company in an easier and more supported country such as UK LLP. What I'm interested in, is having access to: -...

https://www.businessinsider.com/politicians-activists-call-for-dubai-blacklisted-2022-6 ----- quote start A growing number of politicians and activists are calling for Dubai to be blacklisted: The Observer. 8 European Parliament members signed an open letter to a European Commissioner...

Hello guys, I'm curious how it's possible to use Mollie.com from a Dubai FZCO. I have a Dubai FZCO and use Currenxie as by business bank account. For doing e-commerce, I want to use the payment service Mollie.com Unfortunately Mollie.com says in their terms that they only accept European...

I am Dubai resident and Cyprus Tax resident. From what I understand CFC (controlled foreign corporation) Cyprus laws mandate me to pay Cyprus corporate profit tax on my foreign company's profit. So as long as Dubai bank considers me local resident and doesn't report me to CRS, I am safe. But if...

If someone has a offshore company, for example in Dubai, and opens a bank account in Seychelles with companies physical address in Portugal (as the offshore company itself has no physical address in the UAE only P.O.), and the 100% shares owner, director and benefical owner (also the one who...

Hi, apologies in advance if this has been posted before. Former UK based sole trader, with a contract with a UK based company. I left the UK on March 30 and have been travelling around Europe for now, with the aim of becoming UK tax non-resident (less than 16 days in UK per SRT). I'm mid way...

Hello, Do you know any UAE substance provider? I would need an Ejari (1 year lease agreement) plus 1 month utility bill. Thanks in advance.

Dubai just issued a consolation paper aiming at regulating service providers wishing to deal with/in "crypto tokens" https://dfsaen.thomsonreuters.com/sites/default/files/net_file_store/CP143_Regulation_of_Crypto_Tokens.pdf Interesting to those that wish to start a business in this sector. For...

The offshroecorptalk forum is full of entrepreneurs, digital nomads, tax advisors and more in the field. Everyday I read the term digital nomads! Latest post I saw is the one: https://www.offshorecorptalk.com/threads/new-startup-law-in-spain.35982/#post-197650 It's easy to post about a 0% tax...

What is "the best" visa option for someone aged 65+? It seems as retirement age is 65 in UAE a visa for working for own company might not be granted per default, costs extra and for sure involves other hoops to jump thru. Work visa age limit in Dubai: Labour law, retirement & more - MyBayut...

https://www.bloomberg.com/news/articles/2021-12-16/binance-in-talks-with-dubai-abu-dhabi-on-headquarters-plan Binance in Talks With Dubai, Abu Dhabi on Headquarters Plan

I will try my best to summarize this unique situation. In summary, got PR and moved to Toronto from Dubai. Still have residency in UAE because of remote work in a Dubai company. Good money but yes I WILL pay Tax here in Toronto. (PS: Don't ask why I moved here. That's a long discussion. Doesn't...

I'm a Canadian citizen who has the opportunity to maintain my income and relocate anywhere in the world, my employer doesn't care where I live. I'm investigating a serious life change to move to UAE (Dubai) in order to receive my income tax free. I've been approved for the remote-work visa of...