Recent content by AbsetJW

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...

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?

Thailand has always imposed tax on worldwide income.

Where did you read that specifically?

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...

Has anyone actually done this?

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!

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

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

Anyone else? 5%

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.

Yes

Why not show the papers or explain the "correct setup"? It sounds more like you're trying to confuse people to set them up to sell something...

Got any official publications of this? Or just gossip?

Why do you say until it goes into effect? Isn’t it in effect June 1? Also did you register yet?