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Recent content by AbsetJW

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    UAE FZCO + US LLC Payment Processing

    Thanks. Would a US LLC work? Does the FZCO need changing to a holding company?
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    UAE FZCO + US LLC Payment Processing

    Is it possible to own a UAE FZCO and use a US LLC for payment processing? How would this work with accounting on the UAE side? 1) Owner is UAE resident 2) FZCO and pay 9% corporation tax 3) US LLC to process payments in USD I know people do it - but I can't figure out who to ask to...
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    Hey - are you able to PM me? Are these posts private? It's regarding the person who scammed you...

    Hey - are you able to PM me? Are these posts private? It's regarding the person who scammed you...
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    Hi - please PM me.

    Hi - please PM me.
    • AbsetJW
    • Profile post
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    Perpetual Traveller (And Being A Tax Resident Nowhere - UK Citizen)

    So, with the recent Dubai developments, i.e. 9% corporation tax plus 183 days to be a tax resident in Dubai... As a UK citizen, what's stopping us from operating a Hong Kong Company/US LLC or low-tax company and traveling all year round? Just making sure to not spend more than 3 months in any...
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    Dubai 90 Days No Longer Possible (Must Be 180 Days!)

    Apparently, UAE have decided to change the rules for tax residency. It's no longer 90 days + a company/Ejari for tax residency. This was changed but no announcement has been made. It's now 183 days in the country to be an official tax resident. Has anyone heard of this?
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    Thailand 0% tax

    Thailand has always imposed tax on worldwide income.
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    Thailand 0% tax

    Where did you read that specifically?
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    Are you running USA LLC from Thailand ?

    If you stay over 183 days in Thailand, you’re a tax resident of Thailand and taxed on your worldwide income. The only way it works is if you’re a passive investor in your company. Then, and only then, is it foreign sourced income. It makes no difference where your company is based. The place of...
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    UAE ESR Submission Deadline 30th September (400k fines?)

    Has anyone actually done this?
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    UAE ESR Submission Deadline 30th September (400k fines?)

    A friend of mine just emailed me a notification about an ESR submission deadline. Does anyone have any clue what this is about? Is it something freezones need to submit? First I've heard of it!
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    Advantages of US LLC + UAE setup?

    Thanks chat gpt Hey Marzio - do you know much about setting up something like this? Could you DM me? Happy to pay you for your time
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    Dubai VAT Registration

    Have you already registered for it? Did you need to pay a fine?
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    Dubai VAT Registration

    Anyone else? 5%
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    Dubai VAT Registration

    Have you registered for VAT in Dubai? Apparently, if you're over 375k AED, you must register for VAT. Even if you're exempt from paying it, you still need to register. If not, 10k AED fine. Curious what you all have done.
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