Full Disclosure : THIS IS NOT MY FIRST HAND EXPERIENCE.
Information about Ajman freezone helping for free is something I know this from a fellow Indian who went through this process on his own.
My experience : I went through a consulting firm who charged me (and keeps charging me for silly...
I incorporated in UAQ Freezone.
Ajman freezone is also low cost.
Mistake I did was, I used an agency.
agencies charge too much fee.
If we just call up ajman freezone they will do all this for free.(might be slow)
With this incorporation we will get access to UAE residence visa as well.
I already have UAE residency and FZE company.
India Govt. requires to have proof that I lived in UAE for 240 days to let me off their hook.
Why do you think UAE won't report my income to India? They have signed the CRS agreement.
India is also part of CRS.
UAE has very close ties with...
Dubai Freezone company renewal is approx $4k USD a year.
Serves me no purpose as U.A.E. govt. reports my income back to India.
India govt. just updated tax laws stating that I have to stay abroad for approx 240 days to be a non resident.
I am seeing 0 benefits renewing the FZE company. (unless I...
Okay , with employees in USA this wont work.
I got this pdf from a website some time ago.
Explains the process.
I have 0 employees in US and plans to maintain it that way. So thats my plan till I exit India.
Hope you find solution for your issue soon too.
All the best brother.
Wow. Finally I found another Indian who face the same shit I face.
I have a UAE Freezone company and was living in SE Asia.
Now with the new laws by modi govt. I am f***d.
Looking at finding alternate solutions for tax free life.
Did you resolve your issue brother?
I am a resident of India.
I have software business where I get income worldwide.
I incorporated a Dubai Freezone company last year and have been receiving client payments on that account.
However , UAE reports income back to India via CRS.
Thinking about opening a Delaware LLC and accept...