Hey guys,
So I am currently researching a country, that is favorable, for setting up a new SaaS business.
Background information:
- The new company will be a collaboration between a Dutch entity (BV) and a Canadian individual
- We only sell digital goods
- We do not want to relocate to the UAE
- UAE is preferred due to low tax
Upon engaging this topic, two free-zones keep popping up:
RAK and Meydan. Are there any pro's or cons for either of these zone's or doesn't it matter?
We also read about a UAE residency visa that you can purchase with your company formation, why should one need it if you are not willing to relocate?
Are there other things that we need to consider? We see that competitors in our niche are also located in RAK and Meydan.
And at last, how would one be able to move the profit back to either Canada or NL without paying a huge amount of tax? Any Accountant that you guys can recommend.
I know these are many questions, but I appreciate all feeedback!
So I am currently researching a country, that is favorable, for setting up a new SaaS business.
Background information:
- The new company will be a collaboration between a Dutch entity (BV) and a Canadian individual
- We only sell digital goods
- We do not want to relocate to the UAE
- UAE is preferred due to low tax
Upon engaging this topic, two free-zones keep popping up:
RAK and Meydan. Are there any pro's or cons for either of these zone's or doesn't it matter?
We also read about a UAE residency visa that you can purchase with your company formation, why should one need it if you are not willing to relocate?
Are there other things that we need to consider? We see that competitors in our niche are also located in RAK and Meydan.
And at last, how would one be able to move the profit back to either Canada or NL without paying a huge amount of tax? Any Accountant that you guys can recommend.
I know these are many questions, but I appreciate all feeedback!