Our valued sponsor

uk company? soon moving to uae - dropshipping saas

billybobs

New member
Mar 18, 2021
16
11
3
40
USA
Visit site
We have profitable online companies (ecommerce and saas), we currently have UK ltd companies setup and working.

In 18 months time we are moving to dubai and will setup dubai company / residency etc to get 0% tax on company / personal.

What is my best plan over the next 18 months? At current rates i expect at least £2mil net profit over the 18 months. The simplest way is to pay the money to the uk company bank accounts and pay 23% corporation tax, and remove none for me personally. When i arrive in dubai i guess this approx. £2mil in the uk company bank could be 'invested' or 'loaned' to the dubai company and used? Then i could remove money personally in dubai at 0%? Anything wrong with this approach for uk tax liabilities?

Any better setup to avoid the uk corporation tax?

thankyou
 
If it is future profit , Best way to move to Dubai right now.

You can get Residence visa with Corp Formation. Do business on Dubai entity.

Whole Profit will Tax free. Because You earn money during staying in Dubai.
 
If it is future profit , Best way to move to Dubai right now.

You can get Residence visa with Corp Formation. Do business on Dubai entity.

Whole Profit will Tax free. Because You earn money during staying in Dubai.
im uk resident and its not possible to move to dubai for another 18 months, need other solution to reduce corporation tax on uk company
 

Latest Threads