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freezone

  1. C

    FOR SALE UAE Freezone company with mashreq bank

    I am selling 1 year old FZCO in Silicon Oasis. It has a mashreq business bank account opened. The company had no activity apart from paying salary to owner for a couple of months. My emirates id expires in 2025 and I have no plan of renewing it so I am selling this company. I heard opening a...
  2. J

    Thai tax resident with UAE Freezone

    Dear OffshoreCorpTalk members, First, i would like to thank you all for the great information provided here. I am a 6 months lurker here and it helped me a lot. My business is online affiliate markerting. I just setup a company in IFZA. I was before in a UE tax hell country (>40% tax). I was...
  3. K

    Questions about UAE Freezone

    Hello Everyone, It’s been a couple of years now that I’m into Affiliate Marketing, and my monthly income has been growing steadily. Currently, the annual income is around $120k per year. Would you say it's time to form an LLC? Or is it still early considering the expenses/taxes of a company...
  4. I

    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...
  5. D

    Meydan Freezone

    Hello and thank you for this forum and everyone's participation. I've been learning a lot. There was a comment from @CaptK about Meydan being "useless, just as bad as RAK". I was wondering if he could be more specific, and if anyone has an experience with Meydan, if they could kindly share...
  6. C

    Question UAE Freezone Company - Indian national/ Irish resident.

    Hi All, I am an Indian citizen, currently living in Ireland for the last 2-3 years. I qualify for the non-dom status in Ireland so my worldwide income is not taxable unless I bring that money into Ireland on a remittance basis as per this source Ireland non-domiciled tax – 10 things you need to...
  7. Martin Everson

    Iran to launch Offshore Bank in Qeshm Island

    Qeshm Freezone is one of the many Freezones in Iran and according to Iran/China Chamber of commerce: ---- quote start “We hope that an offshore bank will be established in Qeshm in 1401,” the head of the Qeshm Free Zone Organization told. Afshar Fathollahi said in an exclusive interview with...
  8. Helkins

    Question Where can I sell my aged UAE company?

    Hi all I have an aged RAKEZ freezone company with commercial license from 2015 that has a couple of active bank accounts (no debts whatsoever) and I’m looking to sell it. Could anyone advise me on who I can reach out to for possible valuation and making such sale? Reason for selling -...
  9. M

    UBO Registration - UAE

    Lately, UAE has passed a new law for all companies to register their UBO. All FZ license companies are getting emails from FZA to furnish the details before 31 May. I wonder how will this affect the people who have registered the company in UAE and living elsewhere. It will be the end if UAE...
  10. O

    BVI vs UAE (Freezone)

    Hi I'm finding the BVI & UAE Freezone comanies to be both great solutions for an ecommerce business. But the UAE is a lot more expensive when it comes to annual renewals. Was just hoping for peoples opnions on this. Is the UAE now seen as more respectable maybe? Banking isn't an issue these...
  11. K

    Georgia International Company

    Georgia has announced "international company" status for IT and maritime business. https://agenda.ge/en/news/2020/3132 It seems rather like the existing Georgian Virtual Zone status for IT companies. Run a business for 2 years before finding out if it got the tax status? Ignoring the...
  12. H

    Freezone / offshore company fujurah

    hello guys, Im from morocco , i create a company FZE ( freezone company ) , in one agency they give me papers but when i tried create account 2 banks refuse my registration, someone have some experience wih this issue please ? Already 6 months and i have company without bank account Thanks
  13. B

    Offshore or Free zone ?

    Dear all, I just found this very interesting forum. Here is my question hoping that someone will be able to enlight me. I am starting a vending machine business based in a European country (outside of the EU). I am familiar with Dubai with family living/working there etc... I was wondering if...