Recent content by discussionor

Yes but the tax residence wasn't the question. EMIs do care about ultimate beneficial owners. If they deny applications from UAE, would they not also deny applications from UK company with UAE parent?

@Marzio thank you but doesn't the EMI ask for full ownership details all the way to UBO which would include the UAE entity if this is a UK company which has UAE domicile for tax purposes due to location of ownership/management control? If so I would have assumed it isn't different from direct...

Why does this improve access? if the shareholder of the UK company is in Dubai, don't UK/EU EMIs still treat you as high risk like a Dubai applicant?

Someone on the MGG mentioned that Mainland Dubai companies could make payments to FZCOs but I wasn't clear under what circumstances. I thought for example that FZCOs were precluded from doing business on the mainland, and hence payments for trade with the FZCO selling to a mainland company...