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Recent content by BobbyUAE

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    Opening an offshore company

    I also want to ask where to get the UAE utility bill. I suppose UAE does not have post delivery as we know it in Europe, it seems everyone is using PO boxes. Most banks also ask for a reference letter from another bank. Is it a problem if this is from my home country?
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    Opening an offshore company

    Thanks for the clarification. Allthough, I did read in the CRS that the bank has to report to the country they believe you are a citizen. I am quite sure that a UAE bank will still somewhere see on identity card I have a different nationality. Meaning they may still consider reporting to my home...
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    Opening an offshore company

    Now that you mention the registers in UAE, is this public? I know some people with a freezone company but I can't seem to find any registry with them in it. Moving would indeed be a great option, I don't really consider it right now as I cannot leave my family behind. The CPA is quite...
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    Opening an offshore company

    I'm still look for an answer why this is a solution to CRS. In fact this place offer an office and you can make holidays there. This is expensive. But there is no place on earth that you can send legit invoices to and have an office with staff for 20k a year.
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    Opening an offshore company

    Yes but why does that stop CRS?
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    Opening an offshore company

    How comes that the freezone company with UAE visa works? This is enough to stop the bank from reporting?
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    Opening an offshore company

    Can you explain why you find it an important structure? Also, I read sometimes that people are saying, the only solution for CRS is having a second residency. So this is all then? And expensive UAE company and resident visa and you're good to go?
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    Opening an offshore company

    Hello, This costs includes everything: - Incorporaton fees - Annual license fee - Annual flexidesk rental (cheapest option) - Government fee for a visa - Agent fee for complete setup of the company (including business plan), opening of the bank account and the obtaining of the visa. (25,000...
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    Opening an offshore company

    Hello, Thank you for the replies. - Payment gateways are mostly dealt with. I could use a Skrill account. PayPal would be nice but is not required. - I understand that Belize is a cheaper. And we indeed only sell digital goods. I forgot to mention this in OP. It is not my intention to hide a...
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    Opening an offshore company

    Hello, I run a company in digital goods and I have been searching for a solution for months for some problems we are having, I am looking for some advice. My current company is based in the EU. I have a few websites where I process 1000's of small transactions per day. I do have expenses, but...