FREELANCE PERMITS in Dubai,UAE license cost details and provider
- Thread starter troubled soul
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well it's a clear warning that you are under constant surveillance and that they have the tech to recognize you. When you talk to USA people living there the first thing they always mention about Dubai is how safe they feel, it might be creepy, but it's an important part of the package.
I must admit that I have been quiet, and for this reason is that I am doing a little research. According to twofour54's step one of their process I am supposed to have a letter of intent (which I don't have, from a company or media zone) or a business plan as part of my application process. Even though I know what type of work I will carry out I haven't found my skill on their freelance activities list / categories unless it falls under one of the software design / engineering categories. This is the only concern I have is that if I follow︀ the application process, pay-up the fees and get absolutely no opportunities presented to me, or︁ unable to find any. This is my main objective.
If you are a software engineer you will find work, I mean, you don't have to︂ work for a Dubai company, you can work remote, it's basically impossible to be non︃ employed as a software developer in 2022. The freelance permit allows you to work for︄ a Dubai company, if you want, but that doesn't mean that you need to work︅ for them. I've received tons of offers from dubai companies, for working from the office︆ in Dubai, because companies need local substance, which means workers in dubai.
Think of the︇ freelance permit as a way to get residency in the UAE, the fee you pay︈ to be able to live in the UAE, but don't ever think that you will︉ get work through the freelancer visa, you will have to find that out for yourself︊
Think of the︇ freelance permit as a way to get residency in the UAE, the fee you pay︈ to be able to live in the UAE, but don't ever think that you will︉ get work through the freelancer visa, you will have to find that out for yourself︊
Freelancers will be subject to corporate taxes from next year, but only for the part that you earn in Dubai, if you have a company outside Dubai and distribute dividends those dividends should not be taxable. Or at least that's how I understand things so far.
what after you got your certificate and you the year after have been there less, will you lose it?
no taxes on personal income, Freelance permit is more similar to a company. So what you make under the freelance permit is taxed ( after 100k USD ), while everything you gain personally is not taxed. So if you have a company outside the UAE and distribute dividends, that's not taxed.
So a US LLC and US bank account + freelancer VISA in Dubai = 0% tax. Why would anyone go through the hassle of incorporating a Dubai freezone company, bank account opening deal with (possibly) accounting when all you need is an offshore company?
You don't need the freelancer visa for that setup, you need the remote working visa which is even cheaper. @Fred reports that you might have issues when requesting a tax certificate though, I guess that if you do 100k, it's ok, if you do 500k a year, it's a little bit too much and you should︀ have your freezone company in dubai
Similarly, granted that one gets UAE residency via freelancer VISA, why would anyone generating income (capital gains, dividends, interests) through personal investment/trading (stocks, cryptos) go through the hassle of incorporating and maintaining any kind of company anywhere?
Can't undestand the link between tax certicate and the amount your earn as a freelancer. AFAIK the only thing that matters from the tax certificate standpoint are the days you spend in UAE. What's the problem if you spend 183 days and ear 100K vs 500k?
The introduction of corporate tax coming in mid 2023 bothers me.
Let's assume somebody wants to move Dubai just to stay there using a freelance visa. He's keeping all assets out of UAE somewhere (Switzerland, Singapore, ....). Everything is legit. No business running.
In Dubai, I suppose you can get a private bank account (maybe better if I drop some large amount of cash?) and just transfer monthly some cash from a personal bank account (in the same name) to cover daily expenses. When would the corporate tax kick in? How can a bank distinguish between personal gains and business revenue?
What happens if you︀ incorporate a company just for residency and do not run any business in a free︁ zone with no activity / accounting rules? Without a bank account for the company, there's︂ no business activity, so there's no corporate tax. Personal bank account shouldn't be a problem︃ because you have a visa through own company, correct?
Let's assume somebody wants to move Dubai just to stay there using a freelance visa. He's keeping all assets out of UAE somewhere (Switzerland, Singapore, ....). Everything is legit. No business running.
In Dubai, I suppose you can get a private bank account (maybe better if I drop some large amount of cash?) and just transfer monthly some cash from a personal bank account (in the same name) to cover daily expenses. When would the corporate tax kick in? How can a bank distinguish between personal gains and business revenue?
What happens if you︀ incorporate a company just for residency and do not run any business in a free︁ zone with no activity / accounting rules? Without a bank account for the company, there's︂ no business activity, so there's no corporate tax. Personal bank account shouldn't be a problem︃ because you have a visa through own company, correct?
Even freezone company are tax free for next 40-50 years. Just do not do business in︄ GCC. You are good.
Tax for only for mainland company , when entities serve gcc︅ clients.
There will be no personal tax in future that's for sure.
Tax for only for mainland company , when entities serve gcc︅ clients.
There will be no personal tax in future that's for sure.
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