Are you happy to pay 9% on Dubai Freezone Company ?

[troubled soul]

I agree on everything except if they say you had PE in UAE, you will have to pay 9% CIT and face criminal tax fraud

Spend just 91 days in Dubai and You get the TRC....
I am not sure but 91 days may not trigger PE rule....

 

[Konstanz]

Spend just 91 days in Dubai and You get the TRC....
I am not sure but 91 days may not trigger PE rule....

The 91 days exactly will trigger PE, because you will become tax resident in UAE.
If you are resident in UAE you are controlling foreign company inside of UAE.

 

[Houdini]

(2) With a group of other unproductive people called "government" that want to stick 9% of the length of a rod up your rectum every year. If you refuse, they'll gang up and violently attack you and if you survive they'll cage you! You get the displeasure to pay for ALL of this! After your incarceration is completed, if you were not born there, they'll deport you with nothing. Complete destitute! If born there, you'll be homeless, have a criminal record, and bar you from getting employment or opening a bank account.

I go with them if they protect my assets while they rape my rectum at the same time, I'm fine.. man I must get a huge hole somewhere

 

[drphantom]

Paying my 9% corporate tax and still smiling the whole way to the bank.

(2) With a group of other unproductive people called "government" that want to stick 9% of the length of a rod up your rectum every year. If you refuse, they'll gang up and violently attack you and if you survive they'll cage you! You get the displeasure to pay for ALL of this! After your incarceration is completed, if you were not born there, they'll deport you with nothing. Complete destitute! If born there, you'll be homeless, have a criminal record, and bar you from getting employment or opening a bank account.

I go with them if they protect my assets while they rape my rectum at the same time, I'm fine.. man I must get a huge hole somewhere

You guys have something with your RECTUM & TAX AUTHORITIES - you pay RectumTAX ?

 

[Houdini]

You guys have something with your RECTUM & TAX AUTHORITIES - you pay RectumTAX ?

YEAH I DO - It's a bad habit

 

[2fire]

Cyprus for holding location

Is Cyprus holding better then Swiss or UAE?

 

[Don]

Is Cyprus holding better then Swiss or UAE?

Often personal lifestyle preferences play a part here, but also the existence of double tax treaties, type and location of business, etc.

 

[Marzio]

Is Cyprus holding better then Swiss or UAE?

It really depends on the purpose of the holding.

If you want to live in Switzerland and pay Swiss taxes then a Swiss holding is the way to go.

In any other case i'd choose something else (probably go for a UK holding because of no WHT on dividends)