Recent content by Cryptohodler

True, it's unfortunate but the freezone company can opt to get taxed as a mainland company and avail of the threshold of three million AED tax free. What I don't understand is why anyone would incorporate a freezone company anyways since they have all but lost their advantages over mainland...

Are you a Dubai business formation consultant ? How can we contact you ? Do you have an office in UAE ?

What are your fees for UAE mainland company incorporation with bank account ? Is it possible to get a crypto friendly bank account like @Fred here has supposedly provided to many members on here in the past ?

Hello can you clarify if a company is registered today in uae, will it qualify for the small business exemption of 3 million AED turnover and pay no tax ? or is this facility for only existing companies that have been doing business in uae for a while ?

What about the 3 million AED turnover limit for small businesses which will still be taxed at zero ? Is it applicable to new companies set up today or to only existing companies ?

Hello, if someone incorporates a new company in Dubai today, will it be eligible for the 0% tax small business exemption of 3 million AED ? or is it only applicable to existing companies ?

Right, he would be better off just receiving dividends from the US pass through and declaring this as income.He might still be able to use the small business exemption for freelancers to pay zero tax. Or just invoice the French nationals via the UAE company and use the 3 million AED small...

Before going to Dubai read the really long thread on UAE tax clarification. US LLC tax will depend on your residence country which if you choose as Dubai you will be taxable as doing business from uae.again, read the thread.

What exactly does "limiting" mean and which bank in particular? HSBC ?

Countries for residence could be territorial tax ones like Thailand Paraguay uruguay etc For Thailand pay yourself after one year though I think the local tax authorities don't enforce it strictly.

Hello, what is the official process to follow to move my UK Ltd company 's tax residency to another country ? If say I am actively managing and controlling it from there ? Do I log into HMRC or companies House website and fill some form online ?

If even a single client is from HK, you won't get the certificate of exemption.you will pay full corporate tax on all revenue both offshore and local. If possible, preferably live outside HK, and create a separate company for HK clients and another for purely European clients.request for...

To take advantage of the territorial tax rates you should not be managing it from HK, you should not have HK clients nor should you or your HK staff sign contracts with clients in HK. It helps if entire management is non resident of HK.

To take advantage of HK territorial tax rates you need to apply for and be awarded foreign income exemption certificate.speak with your accountant. You need an audit to prove income comes from abroad.

For such a company will georgian banks be willing to open corporate account ? If ubo is non eea non resident?