Hello, I am new to the FZ space and wondering how best to record corporate accounting entries in UAE.
Us invoicing customers and I want to keep 90% cash in the US.
Will FZ corp just bill invoice for consulting fees to the US LLC as intercompany revenue and leave a running intercompany Balance? Then pay salary off that revenue in the FZ but it's settled by the US LLC? But also keep the funds in the US?
Just wondering what the filing and accounting looks like. Any insight here would be great.i do not plan to keep all or 90% of my money in Dubai .
Us invoicing customers and I want to keep 90% cash in the US.
Will FZ corp just bill invoice for consulting fees to the US LLC as intercompany revenue and leave a running intercompany Balance? Then pay salary off that revenue in the FZ but it's settled by the US LLC? But also keep the funds in the US?
Just wondering what the filing and accounting looks like. Any insight here would be great.i do not plan to keep all or 90% of my money in Dubai .