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Kakarot

Active Member
good question. So all the UAE LLCs, with their mandatory office address -- so what... are there just skyscrapers full of empty offices for each of us? Or does this tangible asset -- which they charge us for -- really exist and we can go there and see it anytime without notice?
 

Kol019201

Silver Member
How about travelling to dubai right now? Is there a quarantine period? Testing? Online it says Dubai is PARTIALLY open, so it sounds like we will be subjected to testing if we go there -- this is a hassle that should be addressed in full so we can know what to expect.
No quarantine.
You just need a negative PCR test when entering and you are good to go.
Everything is open, you just need a mask.
And to leave you just need a negative PCR test aswell.

So far better then most countries, also the infections are very low at the moment.
Vaccine you can get aswell probably.
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
good question. So all the UAE LLCs, with their mandatory office address -- so what... are there just skyscrapers full of empty offices for each of us? Or does this tangible asset -- which they charge us for -- really exist and we can go there and see it anytime without notice?
That's the office space that is required to have to get the Business Bank Account opened.

You can use the office of course as well as a car parking spot.

The office space is already included in our All-inclusive Package.
 

JackAlabama

Entrepreneur
No quarantine.
You just need a negative PCR test when entering and you are good to go.
Everything is open, you just need a mask.
And to leave you just need a negative PCR test aswell.

So far better then most countries, also the infections are very low at the moment.
Vaccine you can get aswell probably.
Good write up.
On the emirates website they write pcr test for leaving only if your destination country requires it. Which is in reality the same as most places want that anyway.
Also depending on the country you come from, you need a pcr test before AND one at the airport on arrival.
Coming from some other countries the pre flight pcr test is enough.

There is an info section on emirates website.
 

CaptK

Nominee Company Bank Account Real Estate Passport
Mentor Group Gold
You just need a PCR test taken within 72 hours previous before your flight.
 

CaptK

Nominee Company Bank Account Real Estate Passport
Mentor Group Gold
Yes, but if you come from Africa e.g. from Kenya you need one at the airport as well on arrival I have been told.
Is that not the case any more?

Yes majority of 3rd world countries require 2 test.

Kenyans currently are on the banned list with about 15 other countries. Even Kenyan passport holders in Europe and the US are denied visa's currently.
 

Admin

Forum Moderator
Staff member
To all you wonderful people with all your wonderful ideas, please open a new thread, this is a paid advertising thread, posts made here have to be specific to the advertisers services and products sold, everything else will be cleaned / deleted.
 

Mia0063

New member
Dubai Company Formation | Dubai Residence Visa | Business Bank Accounts | NON- CRS

With our experience as expats in Dubai can we help with zero tax NON-CRS Dubai Company formations and workarounds for cashing out Bitcoin profits in Dubai as well as setting up Broker Accounts under Dubai company name for investment purpose.

Dubai at a glance
Working with the most reputable business authorities in Dubai we can setup a Dubai Company structure that grants the shareholders of the company an investor residence visa in the UAE.
The Dubai Company structure business bank accounts as well as the personal bank accounts for each shareholder will be opened with local banks using the investor residence visa.
By using the investor residence visa to open the local UAE bank accounts the banks consider each residence visa holder as a resident within the UAE - this means NO-CRS reporting.
To keep the investor residence visa active there is only every 180 days a physical presence of minimum 24 hours within the UAE for each investor residence visa holder required.


All-inclusive package
- Preparation Business Plan
- Selection of the appropriate license
- Dubai Company Formation
- Investor Residence Visa
- Business bank account in the UAE
- Personal bank account in the UAE


Why Dubai?
As non-resident banking is coming to an end and classic offshore banks loosing there correspondence banks - Dubai as a Offshore jurisdiction with 0% tax still provides an affordable all-in-one solution with company, residence and banking within the same country.

Stop burning and losing money on old fashioned offshore shell companies with unreliable non-resident banking options and EMI's that rip you off.


Long lasting reputable all-in-one solution in Dubai:


dls-dubai.com
[email protected]
Thank you for all your constant help Fred.
Ill be honest, i was skeptical at first that who is this guy, haha but time showed your the real deal.
I have to be honest again, the process is a bit slower than anticipated, but thats expected of the middle east....

Glad you met me and we could have lunch to discuss my concerns and your re-assurance was much needed. Nobody wants to be “alone” in these kinds of sticky situations.

Hoping you can continue to provide the great guidance if any future issues do arise.

but overall thanks a bunch for setting everything up for me, even though i can be a pain and a bit impatient some times .
 

Deenica

New member
Hey @Mia0063 , @joseph1989 ,@wie7se
Thanks for sharing, have you had any lessons from the process? Anything you could have done to make it easier, quicker or just simpler (especially from the paperwork point)? How long did you stay in Dxb for? I'm also planning to incorporate soon, just want to get ready :)
 

wie7se

New member
Hey @Mia0063 , @joseph1989 ,@wie7se
Thanks for sharing, have you had any lessons from the process? Anything you could have done to make it easier, quicker or just simpler (especially from the paperwork point)? How long did you stay in Dxb for? I'm also planning to incorporate soon, just want to get ready :)
Setting the company up before going to Dubai would save you a lot of time spending in Dubai itself. I'm in Dubai for a little longer than a month now and will have my Emirates ID in the next few days. I came to Dubai on a tourist visa and without the company been setup already.
 

rainy

Active Member
Setting the company up before going to Dubai would save you a lot of time spending in Dubai itself. I'm in Dubai for a little longer than a month now and will have my Emirates ID in the next few days. I came to Dubai on a tourist visa and without the company been setup already.
And how long has it taken you?
 

EuroKiss

Active Member
Hi @Fred i have a question: it’s said that to get the visa you must be there 183 days during the first year; are they 183 in a row (meaning 6 months stuck in Dubai) or 183 days over 365 (e.g. one month in and one month out)? Thanks!
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
Hi @EuroKiss ,

you are mixing up the things let me clarify this for you.

The Dubai Company Formation grants you the residence Visa. Once you have received the residence Visa you have to be at least every 180 days for 1 day in the UAE to keep the residence Visa active.

The Tax Residence Certificate is granted after you spend 183 days per Year in the UAE - at least in the first year. From practice point of view we know from the 2nd year it's more like being 3-4 times per year for 1-2 weeks in the UAE.

You have to spend this time in total in the UAE and not in a raw. For example you can spend January till April in Dubai and then again October and November.

That's it.
 

EuroKiss

Active Member
Hi @EuroKiss ,

you are mixing up the things let me clarify this for you.

The Dubai Company Formation grants you the residence Visa. Once you have received the residence Visa you have to be at least every 180 days for 1 day in the UAE to keep the residence Visa active.

The Tax Residence Certificate is granted after you spend 183 days per Year in the UAE - at least in the first year. From practice point of view we know from the 2nd year it's more like being 3-4 times per year for 1-2 weeks in the UAE.

You have to spend this time in total in the UAE and not in a raw. For example you can spend January till April in Dubai and then again October and November.

That's it.
Appreciated @Fred many thanks!
 

PiersBlack

New member
Hello Fred,

I can't PM yet so I will post here, might as well benefit others with similar doubts.

1. What happens in the event that someone is not in Dubai for at least 1 day every 183 days?
2. The screenshots you posted about Kraken wires. Is that for business or personal accounts? My understanding was that Dubai banks, in general, are not crypto-friendly. Has anything changed?

Thanks.
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
Hello Fred,

I can't PM yet so I will post here, might as well benefit others with similar doubts.

1. What happens in the event that someone is not in Dubai for at least 1 day every 183 days?
2. The screenshots you posted about Kraken wires. Is that for business or personal accounts? My understanding was that Dubai banks, in general, are not crypto-friendly. Has anything changed?

Thanks.
Hi,

the written law says the residence Visa gets invalid if the holder is outside for more then 6 months. However from practice experience we know that clients could return without any single issue even with being 9 months+ outside the country. Due to COVID they won't enforce that hard as they understand that some people are simply restrict to travel. However you should try to be in the 6 months timeframe.

No bank except Mashreq and Arab Bank mention public that they are not crypto friendly.

It's simple - use your personal account organic pay yourself a salary and invest the salary in Crypto - once you get the double money back a few months later the bank knows you and all is fine. For the business the banks simple ask do you have a crypto business license - you have to mention no because there is no license so the bank tells you they can't accept because it's not covered by your business trade license. So you have to use some of our innovative methods to invest Crypto on the business level.

All the guys telling you something else have no personal experience and acting as a Papagai or they thought they open a personal account and withdraw 1m+ at once from Kraken without the banks ever knowing them.

The banks we work with are normal retail banks you have to use organic same like in every other country - if you don't use them organic then they don't accept your Crypto Money without knowing you like ING, Barclays, HSBC and every other bank in this world that has AML and isn't a laundromat like some "Fintechs".
 

PiersBlack

New member
Makes sense. In the event that the Visa becomes invalid, does it automatically affect the company/ bank account somehow? Is it easy to re-activate after going there again? With current travelling restrictions, it's certainly a concern.
 
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