Hello guys,
i'm new to the forum
I have a company in the creative city of Fujairah with e-commerce/software etc business for a while now
We have a service that we sell on Telegram
So there is a bot and people send crypto funds to these wallets
The service costs x and we get paid more in bnb
I...
Hi,
I just wanted to ask if I am a Canadian passport holder but have obtained UAE residency (with Emirates ID) and I apply to the bank and use my Emirates ID and provide a local UAE address will the bank still report my accounts to Canada?
Thanks in advance.
Hey, guys!
Where should a tax resident of Tunisia register a company to save maximum taxes?
The company will provide marketing services to a client in Germany. The annual income is around EUR 100.000. Currently services are provided by Tunisian company.
I was thinking between UAE or...
Hello Everyone,
It’s been a couple of years now that I’m into Affiliate Marketing, and my monthly income has been growing steadily.
Currently, the annual income is around $120k per year. Would you say it's time to form an LLC? Or is it still early considering the expenses/taxes of a company...
I just transferred some money from from an account in my name in a EU bank (in EUR) to an account under my name in a Swiss Bank. It was bounced, apparently for regulatory reasons.
Swiss bank will look into it and let me know next week as the customer service lad had no idea.
He did mention tho...
Does anyone know any fintech service providers with competitive rates for currency conversion from USD to EUR and vice versa in UAE? This is for business banking.
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?
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...
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...
Hello,
I plan to close one of my freezone companies in UAE. I contacted FZ and they told me that I could easily dissolve/cancel the company license without liquidation. It is a much more straightforward and affordable option than the liquidation process, but is there any catch?
P.S.: Company...
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...
Mmm just a quick Q following another thread I just read here. I am a Dubai tax resident and live in Dubai more than 183 days a year.
So far my route for sending funds to my UAE bank has been:
1) withdraw EUR from Kraken to EU bank
2) send EUR from EU bank to Wise
3) convert EUR to AED on Wise...
Hi,
I am an Indian crypto trader and investor looking to establish a company in Singapore because of harsh crypto regulations in India. The main business is to do crypto trading and investment in an Individual capacity. (I will trade using my own crypto funds). I was assessing Dubai but it...
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...
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...
Hello everyone, I'm going to buy a property in the UAE for cash (I exchange USDT for cash AED at a local exchanger) The transaction amount is 2,700,000 AED, will the realtors/DLD have any questions for me? Is proof source of funds required?
In short, can I just come with a bag of cash and buy an...
No wonder EU wants to go after UAE. Not surprised UK listed with one of highest outflows. The country is doomed economically after brexit.
https://www.msn.com/en-ae/money/news/uae-to-attract-the-highest-number-of-millionaires-globally/ar-AAYpduJ
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The UAE will take over the US...
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