Why would you form a UAE company?

[yngmind]

to pay your Dubai company from your other companies thus reducing tax burden in original jurisdiction, and pay 9% CIT on the remainder after giving yourself max high salary at 0% personal tax?

example
US company has $1M in profit, tax is from 18 to 40% depending on state. But you pay $500k to your Dubai company for whatever service is relevant. From those you give $400k in salaries at 0% personal income tax and pay 9% on the remaining $100k instead of of 18%-40% on $500k

Just thinking out loud, NFA.

If you have a US LLC and UAE tax residency, you can pay 9% CT, but salaries can be useful if you want to reduce profits.

You can sell visas to your friends and possibly get decent banking.

Yeah, I feel that's the best way to use it: an entity in a tax country to do business + a UAE company to shift profits. But yeah, what's the deal with BEPS?

 

[baio12]

You can sell visas to your friends and possibly get decent banking.

They would work for your company and you pay them salary? What is advantage for both sides?

 

[JohnLocke]

You can sell visas to your friends and possibly get decent banking.

You think it is legal ?

 

[yngmind]

You think it is legal ?

I know people doing that for 10 years, no one cares.

They would work for your company and you pay them salary? What is advantage for both sides?

They won't work for my company, lol.

 

[JohnLocke]

I know people doing that for 10 years, no one cares.

please explain how can you sell these Visa's and what exactly do they allow you ?

 

[yngmind]

please explain how can you sell these Visa's and what exactly do they allow you ?

You have a friend who wants a UAE residency. You offer him to get a residency through your company, you just "hire" him, and he get's an employment visa, and you charge him like $3-4k for that.

 

[icecold]

You mean where the idiots go we should not go. Dubai has still it's good sides don't you think so?

Common 9% corporate tax is acceptable if you consider all the privacy and other stuff you can do there. Looks also criminals are protected there as long as you keep it outside Dubai.