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Dubai company for asset protection, good?

Why does Dubai agree to this?

OECD moved in on them some years back to get them to clean up their financial sector. UAE wanted to avoid being put on blacklist and the negative implications to foreign investment it would have on its economy. They are powerless to fight back against the OECD demands just like us in the Caribbean were also.
 
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What about an US c corporation as a holding company for your companies and real estate in other countries? You have moderate privacy (no public records of owners) and banks don't treat you like a criminal for being owned by a foreign company (like they would do with Belize, Saychells, UAE etc....)?
 
There have been a few around able to provide a reliable and trusted service on OCT - sadly they seem not active any more since Dubai went down with their taxing of companies. It's less popular it looks.
 
There are better options such as Nevis, Cook Islands or Belize for asset protection.
How are they better, any real point you can mention ?

No



If you don't live in UAE and company does not have any economic substance the company will be automatically reported as per below.

https://www.offshorecorptalk.com/th...es-with-no-substance-with-ubos-country.36103/
okay, that's not to be discussed, however, are they really doing it or is it just on official papers they do it?
What about an US c corporation as a holding company for your companies and real estate in other countries? You have moderate privacy (no public records of owners) and banks don't treat you like a criminal for being owned by a foreign company (like they would do with Belize, Saychells, UAE etc....)?
what bank would not do this ?
 
okay, that's not to be discussed, however, are they really doing it or is it just on official papers they do it?

They are really doing it.
 
Then it doesn’t really make sense to register a company in Dubai. It would be better to look for another option, like a US LLC in New Mexico instead.
 
With all due respect, I have a feeling that your chances of getting customers here would increase if you would give useful answers rather than posting outright spam. Would it be possible to edit your post and add at least some content? And I mean real content that he neither generic not from some AI generator?
 
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You are right, I closed mine and just kept my personal bank accounts open as a non-resident as the banking is not bad (at least ENBD).
open a account with non resident is not a good option because as a non resident you signed CRS form that means your information will share and as a UAE Resident you are protected for this.