dubai

I have an EU passport but residing in the UK, I’m making $12,000 per month currently but I expect this to keep growing. My partner has a British passport We have been looking at opening a company in Dubai and become tax residents to reduce the amount of tax paid in the UK while also allowing...

I'm trying to create a company in Dubai for crypto trading (license for a crypto trading business, something that is now offered by the DMCC). I need to select a bank where the business account will reside. The DMCC explicitly mention in their documentation that "we do not guarantee the...

I am interested in setting up a UK - UAE set up to not get taxed on my YouTube income (now @ $75,000 a month). At the moment I still have a Belgian BV, which has very high tax. Would it be possible to setup the Dubai company and shift profits from Belgium to that Dubai company legally? Thanks...

I have a UAE visa, bank, phone number and Emirates ID, and have recently returned to the UK to live. I have setup a UK LTD and will get most of my income this way getting paid from my clients. I still do a few odd jobs for people in Dubai and will make about £2-4k a month but it's not always...

https://timesofmalta.com/articles/view/taxmen-request-access-to-dubai-data-list.888952 Good luck to those in other countries with assets hidden in Dubai...lol. Other countries will have requested data access also. A weak and globally economically insignificant Dubai will soon be accepting...

Does any of you friendly people know of any EMI that excepts UAE FZ LLC and preferably issues debit cards in Euro? In a nutshell, I'm looking for a Wise Boadersless Business or Revolut Business copycat where I could hold and transact in multiple currencies. Thank you!

Hi all I have an aged RAKEZ freezone company with commercial license from 2015 that has a couple of active bank accounts (no debts whatsoever) and I’m looking to sell it. Could anyone advise me on who I can reach out to for possible valuation and making such sale? Reason for selling -...

I am holding two EU passports. I plan to set up my residency in Dubai, with both my citizenships that have different last names. Is this legal? I know its perfectly fine to enter/leave the country with the same passport if you are a dual citizen, giving you a different tourist visa. But what...

Hi all, I have a working algorithmic strategy based on Forex/Gold CFDs which has been giving me good gains after years of testing. Now I want to utilise the tax-benefits of Dubai or Abu Dhabi to set up a company there instead of my home country (UK). I have a person there as a Dubai...

From getting the residence visa, staying 6 months there to transfer your funds safely to your home country ? I mean some first hand experience step by step with no weird setting company in your home country to transfer it. Searching I'm seeing problems with banks regarding crypto, 1 month...

Hi forum This has been brought to my attention. https://gulfbusiness.com/uae-considering-movement-restrictions-on-unvaccinated-residents/ I checked the twitter feed and the tweet portrayed in this article seems to be legit. As many on this forum here have residency or consider having residency...

Guys, I'm shitting my pants. Right now. I have an "investor" visa from AMCFZ, so far, so good. I left the UAE in Nov 2020 and was supposed to go back end of Jan 2021. In mid-Jan, the UAE imposed a travel ban on all travelers from South Africa from entering. All passenger flights between JNB and...

Hello, I am a New Zealand citizen who runs a Shopify store. I am looking at relocating my company to Dubai UAE for the 0% taxes. Shopify Payments is not available in the UAE so I would need to use another 'shell' company in USA or UK and profit shift to the UAE FZ company. I understand Stripe...

Hey guys, Which freezone in UAE will allow me to do a dropshipping business? I’ve been quite successful testing dropshipping and selling to USA customers from my home north african country, now I want to establish a business in a low tax country and work full speed ... UAE is what you recommend...

Dubai is a center of economic wealth in the United Arab Emirates. Various corporations choose to build offshore companies there due to their economic stability, stable political power, and lax politics. Dubai also offers a Dubai Economic Free Zone that offers incentives for stakeholders who...

Just saw this, interesting. The annual remote working programme costs $287, plus medical insurance with valid UAE cover and processing fee per person. What are the criteria? Passport with minimum six months validity Health insurance with UAE cover validity Proof of employment from current...

Dear all, Trying to open the bank account for my UAE free zone company and looking for your experience and feedback for two banks that i am negotiating. 1. CIM Banque; 2. Alfallah Bank (Dubai branches) - compared to other banks in Dubai this bank agree to open account for our company. Thank...

Hello all, Possibly my problem is not new for this forum and it was asked earlier but due to my low experience in offshore questions i need help. In the beginning of 2019 i opened company in UAE Rakez free zone (FZE) and everything goes well till my first attempt to register the bank account...

Hello! I am looking for a decent low-capital tax optimization setup. I am operating a company making a small amount. It is about $1000/month in net profit. The model is quite simple; It has server hosting, and some freelance agents that get paid commission. I am an EU resident, and so are the...

Does anyone have ever opened a company in a United Arab Emirates Free Zone to get payments from Play Store, App Store, Admob, Facebook etc.? Does their trade restriction cause trouble to get payment from Google or Apple? Quote: Trade Restrictions within UAE: Companies within freezones under...