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Recent content by yoyodubai

  1. Y

    Dubai is dead, any alternative to the free zone 9% tax?

    I spoke with ifza end of last year and they said something similar. They suggested on waiting to register for CIT as they're expecting new amendments/clarifications for freezone companies. Did you hear something similar?
  2. Y

    Bank transfer with incorrect address details

    Good idea! Unfortunately I can't add multiple addresses. I assume this is because it's a company account.
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    Bank transfer with incorrect address details

    I'm using a third party service that will only issue payouts to a PayPal account as my business is outside the US even though I have a US bank account. Question: I've tested and I can add my US bank account if I use the bank's address (street, city, state, zipcode). My company name is listed...
  4. Y

    Are you thinking of closing your UAE business or already close down after New Corporate Tax ?

    @Fred, congrats on the new move and best of luck. Question: how are you setting up your personal consulting business? Are you doing this via a free zone or mainland company, golden visa and just receiving income to your personal account, or something else?
  5. Y

    Moving funds from crypto CEX to UAE bank..cheaper, safe and legit alternatives to my current system?

    thanks for sharing. quick follow-up, do you use their services directly or via binance?
  6. Y

    Moving funds from crypto CEX to UAE bank..cheaper, safe and legit alternatives to my current system?

    Hey! Do you have experience with using dubaiotc's services? i've only used coinsfera, but there rates are significantly higher.
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    Question Crypto to Cash exchange in Dubai

    anyone have experience with dubaiotc? any other suggestions for 5 figure USDC amount to cash?
  8. Y

    Wio Bank officially launches in UAE

    Still happy with your Wio account? No issues?
  9. Y

    Nevis company - open accounts

    Do you have any experience with FV Bank?
  10. Y

    UAE clarification of Freezone Qualifying Income

    Yeah, I get it. But the ambiguity makes it difficult to plan ahead. It seems being treated like a mainland company and receiving small business relief might be the most interesting path (at least for me) especially since I don't plan on being in the UAE long-term so the future consequences of...
  11. Y

    UAE clarification of Freezone Qualifying Income

    Very fair point. And I'm in agreement with you.
  12. Y

    UAE clarification of Freezone Qualifying Income

    An interesting webinar from Deloitte on corporate tax for free zones. https://players.brightcove.net/5756059982001/default_default/index.html?videoId=6329045640112 Can't delete my above message as the timelimit has passed so providing some more information. An interesting webinar from...
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    UAE clarification of Freezone Qualifying Income

    Everything is upside down when it comes to the roll out of the corporate tax. No clarifications, just ambiguity. Regardless of people's motives on here, the fact that there is so much ambiguity speaks volumes. I've been in touch with a few accountants, and they're also not able to provide...