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dubai

  1. Bexxley

    Mollie.com with UAE FZCO

    Hello guys, I'm curious how it's possible to use Mollie.com from a Dubai FZCO. I have a Dubai FZCO and use Currenxie as by business bank account. For doing e-commerce, I want to use the payment service Mollie.com Unfortunately Mollie.com says in their terms that they only accept European...
  2. 5K1PP3R

    Dubai resident and Cyprus tax resident opens Dubai company account outside Dubai. CFC+CRC?

    I am Dubai resident and Cyprus Tax resident. From what I understand CFC (controlled foreign corporation) Cyprus laws mandate me to pay Cyprus corporate profit tax on my foreign company's profit. So as long as Dubai bank considers me local resident and doesn't report me to CRS, I am safe. But if...
  3. U

    Question How is a Offshore Company treated regarding CRS?

    If someone has a offshore company, for example in Dubai, and opens a bank account in Seychelles with companies physical address in Portugal (as the offshore company itself has no physical address in the UAE only P.O.), and the 100% shares owner, director and benefical owner (also the one who...
  4. A

    Moving from UK to Dubai - Remote working visa and tax residency - Other options?

    Hi, apologies in advance if this has been posted before. Former UK based sole trader, with a contract with a UK based company. I left the UK on March 30 and have been travelling around Europe for now, with the aim of becoming UK tax non-resident (less than 16 days in UK per SRT). I'm mid way...
  5. carlosbl

    Question UAE substance provider. Ejari (1 year lease agreement) + 1 month utility bill

    Hello, Do you know any UAE substance provider? I would need an Ejari (1 year lease agreement) plus 1 month utility bill. Thanks in advance.
  6. C

    Dubai seeking to regulate Crypto Tokens

    Dubai just issued a consolation paper aiming at regulating service providers wishing to deal with/in "crypto tokens" https://dfsaen.thomsonreuters.com/sites/default/files/net_file_store/CP143_Regulation_of_Crypto_Tokens.pdf Interesting to those that wish to start a business in this sector. For...
  7. uplana

    Settle for digital nomad, where would you start?

    The offshroecorptalk forum is full of entrepreneurs, digital nomads, tax advisors and more in the field. Everyday I read the term digital nomads! Latest post I saw is the one: https://www.offshorecorptalk.com/threads/new-startup-law-in-spain.35982/#post-197650 It's easy to post about a 0% tax...
  8. J

    Visa for Dubai for someone aged 65+

    What is "the best" visa option for someone aged 65+? It seems as retirement age is 65 in UAE a visa for working for own company might not be granted per default, costs extra and for sure involves other hoops to jump thru. Work visa age limit in Dubai: Labour law, retirement & more - MyBayut...
  9. troubled soul

    Binance in Talks With Dubai, Abu Dhabi on Headquarters Plan

    https://www.bloomberg.com/news/articles/2021-12-16/binance-in-talks-with-dubai-abu-dhabi-on-headquarters-plan Binance in Talks With Dubai, Abu Dhabi on Headquarters Plan
  10. V

    Unique situation. Moved from UAE to Toronto

    I will try my best to summarize this unique situation. In summary, got PR and moved to Toronto from Dubai. Still have residency in UAE because of remote work in a Dubai company. Good money but yes I WILL pay Tax here in Toronto. (PS: Don't ask why I moved here. That's a long discussion. Doesn't...
  11. C

    Canadian moving to UAE - am I thinking about this correctly?

    I'm a Canadian citizen who has the opportunity to maintain my income and relocate anywhere in the world, my employer doesn't care where I live. I'm investigating a serious life change to move to UAE (Dubai) in order to receive my income tax free. I've been approved for the remote-work visa of...
  12. C

    Lowest income taxes countries in Europe

    Hello, I'm from Italy and i want to move somewhere in Europe where the Income Taxes are low. My option was Montecarlo but it's kinda complicated with all requirements (and expensive). What's the best option? UK (even tho it's not in EU anymore)? Netherlands? Switzerland? Perhaps, if there is...
  13. J

    Question The best set up for OnlyFans business?

    I have an EU passport but residing in the UK, I’m making $12,000 per month currently but I expect this to keep growing. My partner has a British passport We have been looking at opening a company in Dubai and become tax residents to reduce the amount of tax paid in the UK while also allowing...
  14. M

    Dubai bank account for crypto business

    I'm trying to create a company in Dubai for crypto trading (license for a crypto trading business, something that is now offered by the DMCC). I need to select a bank where the business account will reside. The DMCC explicitly mention in their documentation that "we do not guarantee the...
  15. FreedomSearcher

    Profit Shifting YouTube profits from Belgium to Dubai/UK

    I am interested in setting up a UK - UAE set up to not get taxed on my YouTube income (now @ $75,000 a month). At the moment I still have a Belgian BV, which has very high tax. Would it be possible to setup the Dubai company and shift profits from Belgium to that Dubai company legally? Thanks...
  16. A

    UAE Visa, bank & ID but Living in UK. Will UAE CRS me?

    I have a UAE visa, bank, phone number and Emirates ID, and have recently returned to the UK to live. I have setup a UK LTD and will get most of my income this way getting paid from my clients. I still do a few odd jobs for people in Dubai and will make about £2-4k a month but it's not always...
  17. Martin Everson

    Tax authorities ask Germany for data of Maltese with offshore Dubai accounts

    https://timesofmalta.com/articles/view/taxmen-request-access-to-dubai-data-list.888952 Good luck to those in other countries with assets hidden in Dubai...lol. Other countries will have requested data access also. A weak and globally economically insignificant Dubai will soon be accepting...
  18. kriyazen

    EMI for an UEA FZ LLC

    Does any of you friendly people know of any EMI that excepts UAE FZ LLC and preferably issues debit cards in Euro? In a nutshell, I'm looking for a Wise Boadersless Business or Revolut Business copycat where I could hold and transact in multiple currencies. Thank you!
  19. Helkins

    Question Where can I sell my aged UAE company?

    Hi all I have an aged RAKEZ freezone company with commercial license from 2015 that has a couple of active bank accounts (no debts whatsoever) and I’m looking to sell it. Could anyone advise me on who I can reach out to for possible valuation and making such sale? Reason for selling -...
  20. I

    Dual citizen = dual residency in UAE: Possible to get 2 residence visas with 2 passport in same country?

    I am holding two EU passports. I plan to set up my residency in Dubai, with both my citizenships that have different last names. Is this legal? I know its perfectly fine to enter/leave the country with the same passport if you are a dual citizen, giving you a different tourist visa. But what...