Bank account in 2-4 weeks is great! Who told you that? Agent or DTEC?
Various agents that offer company formation and bank introductions.
Well if I don't need to worry about VAT than I am all set as it was my biggest concern and that's why I was searching for offshore bank accounts and offshore...
Thank you so much for your message. Its not a one time job, its 12 months with potentially another 3 years if everything goes properly. Besides that i have another part of my marketing business that goes on regardless so I need company long term. I was planning IFZA or Dubai Technology...
https://www.sovereigngroup.com/news-and-views/ras-al-khaimah-permits-rakicc-companies-to-conduct-onshore-business/
Do you guys think that RACICC will be reviewed in terms of being allowed to have UAE bank accounts and overall better reputation?
Yes that's what i understand as well. Before i pick any offshore zone for company I want to see how that impacts bank account opening? Do you know what offshore banking zones are reliable?
Its more complicated than 9%, you pay another 9% of than 9%. Privacy is one big part, second part is 21% VAT in Montenegro.
Additionally 90k is still very substantial sum of money, you can do a lot with that.
One option is to just send everything to the Free Zone company in Dubai and pay 5%...
Hello,
I am in process of signing a very large marketing and consulting contract and would like to set up on offshore company and be paid there to avoid corporate taxes. I was considering RAK offshore company but many forums and youtube videos claim its impossible to open a bank account for it...
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