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Recent content by bedouin

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    UAE clarification of Freezone Qualifying Income

    If you're not Fred you're still definitely German (or indeed a robot), you must be... that sense of humor is terrible :D
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    UAE clarification of Freezone Qualifying Income

    From a tax perspective its not better now to operate Freezone. Regarding the office, if you want to rent an office with your fzco, it has to be in the very freezone it's in. That means if you live in JBR you have to go to shitty Silicon Oasis to rent your office. Not a good thing. Theres...
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    UAE clarification of Freezone Qualifying Income

    Yeah all PARTNERS got these emails. This is by no means any statement on what happened. Also they say UAE has the lowest CT in the world (yeah no sh!t Sherlock, tell us something we don't know). What disturbs me are two things: - What is IZFA bragging about in the first place? UAE just raised...
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    UAE clarification of Freezone Qualifying Income

    No, I still think Dubai is the least bad of all the options, fact is I am staying in Dubai and not relocating. So in that stance we all agree. It is not worth the hassle to relocate and the other options suck harder. Malta? Give me a break. What bothers me are various things: - The way...
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    UAE clarification of Freezone Qualifying Income

    I find it funny how some people here consider that their totally twisted understanding of "ancillary" just to be able to fool their own selves into accepting that their marketing / consulting FZCO is indeed qualifying income. Good luck explaining that reasoning to the FTA if they ever ask for...
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    UAE clarification of Freezone Qualifying Income

    No. It would be a non-qualifying freezone person but a freezone person nonetheless. :( Bad times for FZCO's, they've become as useless as elevator operators I'm afraid.
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    UAE clarification of Freezone Qualifying Income

    Sorry but we must not be talking about the same statements. "No matter if you are doing E-Commerce or Marketing Services - it's a Qualifying Activity and therefore 0% Corporate Tax." and " E-Commerce Qualifying Activity: Manufacturing or Processing of Goods (b) Marketing Services Qualifying...
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    UAE clarification of Freezone Qualifying Income

    Whats the 15% marge? Youre considering a 15% margin over the revenue? And how does this work with your sticky where you say all this qualified income thing is jadda jadda and in reality digital marketing is manufacture of goods?
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    UAE clarification of Freezone Qualifying Income

    You dont understand. It's done for Dubai as a jurisdiction for all digital nomads, marketers, ecoms, etc. Yes. Dubai are aware of this and they are stepping up their game, that is all. Think about the ugly girl who was laughed at in her school days but then she turned super hot at college...
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    UAE clarification of Freezone Qualifying Income

    Funny how IFZA keeps sending emails to partners about BS promos like "IFZA Property Promotion!" (sent today), "Dubai Real Estate Market lectures" (yesterday), "SPECIAL SOHO OFFER" (yesterday), and are dead silent about how absolutely useless they have become overnight. The only event that...
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    UAE clarification of Freezone Qualifying Income

    Why can't you? Of course you can. As of right now at least.
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    New Big Dubai FZCO Benefit?

    Setups are cheaper for mainland companies and they are not considered high-risk by banks as FZCO's were until now. But maybe now with the CT law it will also be easy to open company accounts for FZCO. FZCO's have disappeared as you know them. They are all in essence mainland. FZCO only comes...
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    New Big Dubai FZCO Benefit?

    Yes, everyone (basically) will pay. There is zero benefit to do FZCO right now. Like, at all. Someone prove me wrong. In fact, it's easier to open bank accounts if you have a mainland. FZCO's right now only make sense, ONLY, if you in fact carry out one of the qualifying activities. Otherwise...
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    New Big Dubai FZCO Benefit?

    Do you build ships? Do you manufacture something tangible? If not, then you pay.
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    UAE clarification of Freezone Qualifying Income

    @Martin Everson I appreciate all your input and you seem a very realistic guy, and for what I read you have not bought into all the auto-lies of people blindly believing they can get away from the 9% CT. What I don't understand, out of all respect, is how there is a sticky by an ifza reseller...