UAE FZCO + US LLC Payment Processing

[AbsetJW]

Is it possible to own a UAE FZCO and use a US LLC for payment processing?

How would this work with accounting on the UAE side?

1) Owner is UAE resident
2) FZCO and pay 9% corporation tax
3) US LLC to process payments in USD

I know people do it - but I can't figure out who to ask to understand if it's legitimate.

 

[JustAnotherNomad]

Read this thread:

It's legitimate, but there is a risk that︂ the US payment providers won't like you.
If you have a lot of EU customers,︃ it might make sense to use a EU entity, as for example Stripe will offer︄ lower fees for EU cards then.

 

[AbsetJW]

Thanks. Would a US LLC work? Does the FZCO need changing to a holding company?‌

 

[JustAnotherNomad]

Yes, it should work with a US LLC as well. Not sure about the rest.‌
You'd probably have the highest chance of success if you set up the US LLC‍ as opaque, rent an office in the US and pay tax on the (tiny) profit.⁠