Not long ago you claimed IFZA was one of Dubai’s best free zones, assuring us the structure was stable and corporate tax wouldn’t be an issue because the authorities had everything under control. Now you’ve stopped serving your clients in Dubai, cut all ties with IFZA, started criticizing the UAE corporate‑tax regime and pushing company setups in Panama—a high‑risk jurisdiction full of unknowns—which you’re once again touting as the best option.
Let me be honest and clear. IFZA is not a free zone; it’s a business hub operating under DSO FZ. Its model revolves around recruiting agencies like DLS to incorporate as many companies as possible and then sharing the commissions—something you won’t see with reputable free zones such as DMCC, DIC, or DWTC. Furthermore, UAE corporate tax is no mere formality introduced to appease the OECD. The 9 % rate is very real and applies to all companies in the UAE.
I claimed that IFZA is one of the most affordable Freezones in Dubai and that the Management Board across has the same Nationality like me and I have the best leverage for clients - while for most clients such a likes of DMCC would have been an overkill in terms of costs and regulations. Not less clients just used the FZCO to simply get a Dubai Residence Visa.
Yes - after my 2 Years pause for health reasons due to the enormous stress with the UAE 9% Corporate Tax Situation I did want to serve at least the former DLS Dubai Clients however IFZA did cut me off - I didn't cut off anything - for what reason cutting off clients and operations that are already setup and working?
With DLS Offshore I provide the people again the same Setup I'm personally using and even a lot of former DLS Dubai Clients setting up right now with us.
Yes - I couldn't believe back then that UAE is so ignorant and is just killing the entire Freezone Industry making Freezones almost useless compared to Mainland Companies however I have no problem with being wrong and went ahead since then.
Do you see any unhappy former DLS Dubai Clients? I don't.
Majority of DLS Dubai Clients are till date happy with the Setup we did provide and even take the 9% Corporate Tax - I personally don't hence I provide the DLS Offshore to achieve the 0% Corporate Tax with No Audit and Accounting requirements again and some people need this service.
I don't understand where your negativity is coming from and why you are so offended by me for building solutions for problems of OffshoreCorpTalk Users.
US Visa is not mandatory, if your citenzship qualifies for VWP and you are free to travel without visa then the bank will not require you to have a visa. Im talking from mine and my friends experience. Opening of bank account is free of charge, min deposit was required was 100 usd.
You are talking about things you dont have much experience with, misleading customers just so you can sell your product, thats not nice.
You can get a plane ticket for 500-1000 usd and fly to the US and spend a nice holiday and probably still spend less money than on your setup. I suppose annual maintenance of US LLC is cheaper than the one of Panama corp.
If someone is rich it doesnt mean he should waste money on overpriced services
You need to be able to enter the US - period.
One of my best friends got rejected at the Border with EU Passport and Birth Place Iraq - I don't understand why you guys have this holy grail and everything else is bad in your opinion - there are endless reasons why to NOT touch the US - some very cautious people like
@Martin Everson not even touch the USD.
Anyway I got your point and it's understood that US LLC is popular in the OffshoreCorpTalk Forum and many Users have it at the same time there is no reason for making the Setups we provide bad.
You just have a problem with us providing a commercial service - well welcome to capitalism.
It's so funny that new DLS Offshore Clients already begging me to onboard and not to waste my time with useless discussions here - anyway I do it so new people to the Offshore World get a fair Chance to make the right decision for themselves.
The main selling point I see for this set up is the anonymity it could provide via non crs. If you can guarantee nosy people cannot get access to Panama company register details and the HK bank/DLS Offshore will not share UBO details at any cost, even if intimidated or threatened by tax authorities, it would be worth the cost. Are we supposed to just take your word that no information will be exchanged? I would feel safest with having nominee directors/shareholder for both company formation and banking, but it is very expensive. I also worry about the bank pulling the plug on the whole operation, causing funds to be frozen or never see the light of day again. I look forward to reading reviews in the coming weeks/months.
All valid thoughts and yes I push the new clients to provide honest reviews here but even then and like I'm used toi from the past:
Some User claim I do the reviews myself.
Guys keep it fair and give new people to the Offshore World the possibility to make their own opinion and not just everything else of US LLC is dead evil.
When HHK banking is so "dog s**t" like some of you mention here - why is there a Thread here in the forum with 4K Views and 80 posts and a User running around in HK to open a Business Account for his Offshore Company?
Hello Guys ,as i am in Hongkong for two days i thought of trying to open a bank account in hongkong for my seyclles ibc(here is an excerpt of my experiences) .I tried this knowing fully well that " short answer is No and long Answer is Noooooooo" as mentioned by
@daniels27 in another thread.
But as you know i am a very stubborn diy person and want to test everything for its validity so here goes my experiences shortly:
Dah sin bank- Nice person kept on telling me low chances and scare me away stating 10000 hkd is opening fee and will not be returned if it fails to open also, he also...
Because there is demand - like it or not.
