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Recent content by iansommersault

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    UAE to introduce 9% corporate tax on business profits from June 1, 2023 (FZCO REMAINS 0%)

    hi all, it has been a while. hope all is doing good. can someone tell me again how accounting works in FZCO? i know bookkeeping is not required. 1. so can i just simply fund it every time? my source of income are always from out of uae. mostly usd. 2. do you guys take salary from your own...
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Alright I understand now. Thank you for this. I also saw your reply about my question in the other topic. thanks for that. I have a follow up tho, is you wallet linked to a local bank here? How do you encash the crypto? Or do you use nexo? Thanks!
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Hi rowena, ok that's amazing. thank you. Since you're here now, i have a question on the topic below. perhaps you have some thoughts about it. if you have any, please you may reply. thank you so much. :) There is no EMI or bank that really supports crypto P2P - All Lies
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    There is no EMI or bank that really supports crypto P2P - All Lies

    hello all, if i have a company and i have clients who wants to pay me using crypto, is that considered P2P? I am highly considering this model and so far all the FZ companies I spoke with said i can do whatever I want, like I can accept payments however I want. What possible implications...
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    I was just told by one of their local development managers that it is not mandatory for them. It is highly recommended to keep audit reports but not submitted. I can confirm that from her.
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Hi @rowena , Thank you for your reply! I have thought of this too, and I think it may be the easiest. I am just trying to think of any possible complications regarding this. Do you think of any?
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Hi @Gediminas , thank you for replying! Can you cite an example of that agreement betweeen both companies? What scheme options can I choose from? You can dm me your thoughts if you prefer. I agree with you on the last part when CIT will be implemented. Thanks again for your reply. :)
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Hi @overnbeyond . thank you so much for your replies. I really appreciate it. We may get a service desk or a co working space as a lot of this FZ offer that. You're right, I wouldn't say e-commerce in my list of activities on my trade license. Actually, we mostly provide IT infra, web design...
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    Hi Fred, I saw your posts here and knew that you offer company formation in Dubai. Would like to...

    Hi Fred, I saw your posts here and knew that you offer company formation in Dubai. Would like to talk to you more about it as I am shopping around which FZ to choose. Also interested in buying some real estate properties in Dubai, please dm me if you can help me. Thanks.
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Hi, my FZ is an ecommerce business plus my home is near to it. any FZ suggestions if your business is mostly digital? We will be expanding the mainland business and I want to fund that. We'll be adding more services and probably real estate under that LLC. Thanks!
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    UAE FZ TO MAINLAND TRANSFER REVENUE

    Hi all, new here. I'm currently in the process of forming a FZ company doing ecommerce, marketing, consulting and IT sercvices. (have my eyes on DIC, open to suggestions where you think is best) My brother has a mainland company. Wondering how or what way can we share/transfer profits/revenue...