US LLC sending money to UAE personal bank account - experiences?

[bigbite100]

Hello,

since it was often discussed in this forum, how to combine US LLC + UAE residency.
Are there any experiences? If a personal bank account recieves money from a LLC , how would are UAE banks reacting to that? Since their regulation is also getting more strict. What should the transfer say? Salary? Dividends are not possible from a LLC.

 

[openlaw]

Try more generic words like distribution (which is true 100%) and remuneration (which is not true in fact)
And try to send not big amounts at the start, then more and more.

 

[ShillGates]

bigbite100 said:
Hello,

since it was often discussed in this forum, how to combine US LLC + UAE residency.
Are there any experiences? If a personal bank account recieves money from a LLC , how would are UAE banks reacting to that? Since their regulation is also getting more strict. What should the transfer say? Salary? Dividends are not possible from a LLC.
Click to expand...

depends on what your bank has you pegged at for turnover in the account. If the acocunt says 5 million usd a year, you better pop 5 million in there, anything less is a waste

 

[bigbite100]

any other experiences?

 

[Shories]

bigbite100 said:
any other experiences?
Click to expand...

- Use "Management fee" or "Consulting services" instead of salary/dividends. These terms trigger less scrutiny in UAE banking system. Actually legitimate under LLC service agreements.
- I would send money following a pattern like 10-15% of intended amount on month 1-2, then month 3-4 increase to 30-40%, and month 6+ go full amount. This creates a more normal business flow appearance.
- In UAE bank account opening, always declare HIGH excepted turnover. So if you plan for $1M/year, declare $1.5M. Higher volumes than declared = red flag in UAE system.
- Create service agreement between you and LLC -> make it ongoing (not one-off payments) -> include clear scope of management duties -> matches transfer descriptions perfectly.
- Set up regular transfer dates (looks more legitimate).
- Use same transfer description every time.
- Keep LLC documents ready - UAE banks might ask.
- Consider multiple UAE bank accounts to split flow.

 

[alessio]

Shories said:
- Use "Management fee" or "Consulting services" instead of salary/dividends. These terms trigger less scrutiny in UAE banking system. Actually legitimate under LLC service agreements.
- I would send money following a pattern like 10-15% of intended amount on month 1-2, then month 3-4 increase to 30-40%, and month 6+ go full amount. This creates a more normal business flow appearance.
- In UAE bank account opening, always declare HIGH excepted turnover. So if you plan for $1M/year, declare $1.5M. Higher volumes than declared = red flag in UAE system.
- Create service agreement between you and LLC -> make it ongoing (not one-off payments) -> include clear scope of management duties -> matches transfer descriptions perfectly.
- Set up regular transfer dates (looks more legitimate).
- Use same transfer description every time.
- Keep LLC documents ready - UAE banks might ask.
- Consider multiple UAE bank accounts to split flow.
Click to expand...

How are you dealing with tax profit in UAE up to 1M AED revenue -

Don't you think bank will declare to authorities this activity and ask to declare the activity ?