Paysera in uae offshore company

[Frank Lucas]

Hey all, appreciate every forum but still can't get enough information concerning my question.

I want to set up companies in UAE free zones for my clients. My clients do F.E freelance work in their home country (EU). Getting money into the company (UAE) is not a problem.
But using the money from the UAE company in the EU is a problem. I have done some research in Paysera and my question is if it is possible to use a Paysera account (linked to the company in UAE) and use it in the EU
without any problems with the CRS etc...

Thank you all

 

[newNomad]

Wondering about that also..
Moreover how they are supposed to do freelance work in EU but invoice from a UAE company? Might work only if it's 100% remote work, otherwise most of the EU companies are hesitant to hire a consultant who then invoices them continiously from a non-local and moreover a non-EU company...Makes sense?

The money you can use from the Paysera visa card, not sure how they do the CRS reporting, you can send from that account wia wire anywhere in the world but again if you transfer from Paysera to a local bank account in EU you trigger thre local checks which annualy compare your gross inflow in local bank accounts versus the tax declaration

 

[whirlgirl]

Hi have you found any kind of working solution?