Recent content by visive

Sorry about my earlier response. I wasn't in a good mood when I wrote that and it came out harsher than I intended. I didn't actually expect you to look up banks for me; my question was more aimed at anyone on the forum who might already have the solution. Anyway, thanks for trying to help out.

I'm going to be honest, Daniels, I don't know if you are farming posts or who you are answering to, but read my first post. You are not helping nor addressing my question, just babbling a bunch of nonsense. Google Ads Ireland charges a UAE company in AED via debit card. Yes, it's a foreign...

AED. However, I can see a 2% charge mentioned.

Thank you for your advice, but when you take into consideration the spending fee plus the fee for acquiring the crypto, it will be roughly 2%, and I'm not even mentioning that the card is not a business card. I saw ENDB fees and I see 2% as usual. Do you know any EMI that would take on a UAE...

Hi everyone, I'm planning to run campaigns on Google Ads. It seems every bank charges a 2-3% fee for international transactions on business credit cards made in AED. This could significantly impact the budget for my campaigns. Does anyone have suggestions or workarounds to avoid these fees? Any...

Does the company require to have minimum of 2 shareholders? What type of activity is currently on the licence?

What you mean by "pay 9% anyway later" ?

Even if I opt for dividends or capital withdrawal instead of a salary? It seems impractical for a business with zero expenses to just keep the money in the company without a specific reason.

Does paying an excessive salary to the owner fall under GAAR (General Anti-Avoidance Rule) if my FZE business meets the De Minimis requirement threshold and is therefore considered a qualifying free zone person because its revenue is under 5M AED? It shouldn't, right? Because the tax liability...

Should i make an eID even if I'm able to open an account there (in the same bank) as a non-resident without one?

ofcourse nice suggestion but i would need to be a resident which im not and i dont want to be.

I'm not sure if my local banks like crypto. I have never tried it. Should I use kraken/binance for this? Also, there will be definitely some % loss during the conversion. I like the HSBC expat strategy so far. Thanks to all who tried to answer my question.

How would i then get the crypto to my IB?

I hold an EU passport. I would prefer the currency to be USD but it can be also EUR or AED. Do you mean I should go to HSBC or my family member? Last year, I received a gift worth seven figures in USD, and it was fine.

One of my family members, who lives in the UAE, wants to gift me a seven-figure sum annually. However, I'm concerned that using Wise to transfer the funds again might not be a good idea. I have already received a similar gift through Wise last year. Therefore, I'm looking for a different EMI to...