Recent content by bigbite100

Hello, as someone who is General Manager of a FZCO and recieves salary from this company (non WPS), is it possible to get a loan for buying real estate abroad? And is it possible to get a unconditional loan, so they dont ask what to use it for? Which banks/companies have the best interest...

So in that case, the LLC could be owned by a HK company and the FZCO owns the HK company. Would that work? The HK itself should also be 0% because its foreign income or not?

Hello, there are qualifying activities for UAE companies to pay 0% tax. one of the activites is "holding shares". Does that mean, a UAE FZCO which owns 100% of a US LLC (US LLC is the operating business and serves customers outside of UAE) is eligible for the 0% qualified activity?

Hello, 1) is it possible to create a Wise (personal) account as a Cyprus resident? 2) is it possible to craete a Wise business account for a US LLC as a Cyprus resident? Thank you.

Do you know about the deadlines for the reports?

Hello, is a Fzco required to file VAT returns if it is qualified for VAT exemption (no business in UAE) ? If it is required, it just needs to provide "0 VAT"? And what will be the deadlines for each quarter? i read that it was prolongated but dont know if its true.

Hello, lets say someone owns a US LLC but a family member is the director / manager. what advantages / disadvantages regarding tax implications (for the owner and also for the director) does this structure have? many youtube influencers are doing these kind of things, the influencer is just...

Hello, I heard that virtual adresses or registered agent adresses are not allowed to add to the corporate transparency act. Is that correct? What solution is for that? If a physical office is required, doesnt that mean that will make the company a tx resident?

good point from @Kirito . Also heard that virtual offices are not allowed. Guys, what is your take on that?

Hello, which bank accounts / EMI can you recommend for US LLC? Imporant is an EURO account. Already know about Wise, Revolut, Zen, Currenxie, Airwallex, 3S Money and Mercury (which doesnt work with EURO) Do you have other alternatives?

Hello, if someone would like to import a car to Cyprus, what costs should be calculated? There is also a tax on engine size I read. Is there a way to lower the overall import costs?

Wouldnt the 49$ year package be sufficient? as it has an unique suite number. or why is an office lease necessary?

Thanks, very helpful. Wouldnt the 49$ year package be sufficient? as it has an unique suite number. or why is an office lease necessary?

Hello, with the new laws in 2024 / 2025 and also with banking regulation, it is asked (for example Mercury asks) for a physical adress for US LLCs. Can anyone help with that? They dont accept registered agent adress anymore. What will be the price for this adress?

why or how is uk ltd taxfree?