dubai

I have fzco in dubai and I accept crypto using coinbase. Looking for crypto friendly emi but with free on-boarding. Or maybe I can pay emi on-boarding fees with crypto. I am looking to withdraw from coinbase biz account to emi, then from emi to local uae business bank account. I have business...

Dear forum I've got a customer that has sold precious metals to some investors in UAE. He now is about to get a big check, many M's. They are going to pay him with a transfer from a dubai bank to an a business account in Spain. After recieving the money has to pay some fees to other...

Looking at Property Finder | Buy and Rent Real Estate in UAE I found multiple apartments for rent that are extremely cheap (around 20k AED / year or even less). Nothing seems to be wrong with them, so where's the trick?

Me and my partner are looking at moving from our home in the UK to Dubai. We were wondering what the steps would be to do this. We both have UK passports and would be looking to relocate for tax reasons. We currently make around $100k per month, we’re unsure how would be best to go ahead with...

The issuance of anonymity-enhancing crypto are banned under the Emirate's new regulations for digital assets. In Dubai, the issuance of, and all activities related to, anonymity-enhancing cryptocurrencies such as monero (XMR) are prohibited under new laws published Tuesday. The jurisdiction in...

Hello, I opened a company and moved to Dubai. I'm the only owner of my company, which is in a free zone and I don't have to pay corporate taxes or personal income taxes. Furthermore, I'm not a GCC national, so I don't have to pay te pension scheme. Therefore I was thinking to pay myself the...

What options are there to cash out EUR from EUR (or USD) accounts in UAE? I know Citibank is an option, but for corporate accounts they have high requirements. Does anybody have with personal accounts, I know they request Ejari (how often do they request it - is it just during opening?)...

Hi, My Dubai company got invited by the FTA to for early corporate tax registration with the new EmaraTax platform. however, this specific company is not doing any work within the mainland nor any GCC country. but I have other companies which do work in the mainland and Bahrain. So, I'm confused...

Hi, lets say you are currently based in a EU country , have different bank accounts (wise, revolut, german bank accounts- real banks), Paypal and also broker (Interactive Brokers) and move out of EU to Dubai. You become a Dubai resident, so there shouldnt be CRS anymore. 1) Will this also be...

As some of you who live in the UAE already knew, the UAE government launched a federal program that wants to force "private companies" to make sure that at the very least, 2% of their workforce is made up of emirates (will be raised to 10% starting 2025) and companies that fail in doing so, will...

Ok two basic question for those who use HSBC in Dubai for personal baking. 1) As I mentioned in another thread I would like to transfer EUR from a EU bank into HSBC UAE and only then convert them in AED (at market rate, possibly w/out a horrific fx spread) and later on doing the inverse...

Hi, Can someone help we clarify if I am correct here? Let's say that you operate an offshore business with an HK or BVI company (therefore not taxable) and you reside (and receive your salary in Panama (for instance) or Dubai. Does that means that you pay zero corporate taxes and zero incomes...

I've been reading some of the Tax Treaties signed between the UAE and other countries and I'm surprised to see that in many of them the definition of "resident individuals" only seems to include UAE nationals. Here are example extracts from some of these treaties defining what is a "resident...

I have recently tried several USD withdrawals from IBKR to UAE bank accounts. All of them were rejected by local banks because it was missing the "necessary regulatory information". For sending payment to the UAE, the regulator requires two extra pieces of information: 1) a residency indicator...

Hi all, new here. I'm currently in the process of forming a FZ company doing ecommerce, marketing, consulting and IT sercvices. (have my eyes on DIC, open to suggestions where you think is best) My brother has a mainland company. Wondering how or what way can we share/transfer profits/revenue...

I have 2 citizenships, say A and B. I entered Dubai few months ago with an employment visa (hiring myself through a company I formed in one of the free zones) and with citizenship A. Now I'd like to dissolve the company, cancel the employment visa and re-enter Dubai with a freelance visa. The...

Hi, from what I know need to enter Dubai at least 1 time every 6 months to keep the resident visa active. But what's the minimum amount of time that I need to stay there for each entry? 1 day, 24 hours, a few hours? Can I just exit through immigration and then immediately go back inside...

Hello. I have an online blogging business. I pay close to 37% tax in India on my income. And also Indian new RBI policies are making international transactions hard. I'm looking to incorporate an LLC in either Singapore or Dubai for tax saving and ease of transactions. I consulted 3...

Hello everyone, I am in the process of getting UAE residency (Dubai) with a freezone company. As far as I understood, banking here is pretty hard, so I would like to open another company in an easier and more supported country such as UK LLP. What I'm interested in, is having access to: -...

https://www.businessinsider.com/politicians-activists-call-for-dubai-blacklisted-2022-6 ----- quote start A growing number of politicians and activists are calling for Dubai to be blacklisted: The Observer. 8 European Parliament members signed an open letter to a European Commissioner...