Recent content by nnwakelam

Great. Thanks.

Thanks for the advice. That's the way I understand it too. I don't plan on moving back at all but I could potentially see myself back here in a decade (maybe).

I understand. Sorry to make you reiterate the point I'm just trying to get a completely clear understanding. Do you know much about Australia in regards to this? I haven't been back for any considerable amount of time in the last ~5 years and have no financial or personal ties to the country.

So anecdotally would you say this advice is wrong or simply that my mileage may vary in personally implementing it?

All of the advice I have gotten from people in the UAE on the ground is that I'd only need to enter once every ~180 days in order to maintain tax residency. The elite visa doesn't have a work permit. I agree with you that is a good idea but I am more looking for an interim solution as I need...

As far as I une As far as I understand it - If I'm incorporated in UAE and am paying the taxes there my obligation to my home country is non-existent. I think it would be non-existent regardless I just want to make sure I cover myself as I know how friendly taxation authorities can be when...

I mean - wouldn't a business account be required in order to operate as a business (as opposed to a personal bank account)? Correct me if I don't understand correctly! Great - I'm happy to take advice from whoever. I was mainly angling towards opting for a more expensive option as I feel it...

Thanks. This was the conclusion I'd come to. I'm looking at "Masdar Free Zone" for this purpose.

This seems to answer my question regarding UAE. "Don't forget you have to reside there for a 180 days to be able to get a tax residence."

haha! I doubt one exists. I've been reading online and speaking to people who have done something similar and at this point my understanding is that I would need to relocate (which I don't want to do).

Hey there, I'm currently trying to figure out the best place to incorporate. I'm an Australian who lives in Thailand. I haven't been back to Australia for ~5 years. I am currently paying taxes in Labuan but due to tax changes there are now multiple on-going costs which make this a...

Hey there, I've been reading online and have spoken to an agent regarding incorporating in the RAK (offshore). I've been told that I apparently need a residence visa as it will be very difficult to source a banking relationship without residence. Does anyone have recent experience with this...