Recent content by nnwakelam

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    Incorporating in UAE / RAK (offshore)

    Great. Thanks.
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    Incorporating in UAE / RAK (offshore)

    Thanks for the advice. That's the way I understand it too. I don't plan on moving back at all but I could potentially see myself back here in a decade (maybe).
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    Incorporating in UAE / RAK (offshore)

    I understand. Sorry to make you reiterate the point I'm just trying to get a completely clear understanding. Do you know much about Australia in regards to this? I haven't been back for any considerable amount of time in the last ~5 years and have no financial or personal ties to the country.
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    Incorporating in UAE / RAK (offshore)

    So anecdotally would you say this advice is wrong or simply that my mileage may vary in personally implementing it?
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    Incorporating in UAE / RAK (offshore)

    All of the advice I have gotten from people in the UAE on the ground is that I'd only need to enter once every ~180 days in order to maintain tax residency. The elite visa doesn't have a work permit. I agree with you that is a good idea but I am more looking for an interim solution as I need...
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    Incorporating in UAE / RAK (offshore)

    As far as I une As far as I understand it - If I'm incorporated in UAE and am paying the taxes there my obligation to my home country is non-existent. I think it would be non-existent regardless I just want to make sure I cover myself as I know how friendly taxation authorities can be when...
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    Incorporating in UAE / RAK (offshore)

    I mean - wouldn't a business account be required in order to operate as a business (as opposed to a personal bank account)? Correct me if I don't understand correctly! Great - I'm happy to take advice from whoever. I was mainly angling towards opting for a more expensive option as I feel it...
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    Incorporating in UAE / RAK (offshore)

    Thanks. This was the conclusion I'd come to. I'm looking at "Masdar Free Zone" for this purpose.
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    Best location to incorporate

    This seems to answer my question regarding UAE. "Don't forget you have to reside there for a 180 days to be able to get a tax residence."
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    Best location to incorporate

    haha! I doubt one exists. I've been reading online and speaking to people who have done something similar and at this point my understanding is that I would need to relocate (which I don't want to do).
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    Best location to incorporate

    Hey there, I'm currently trying to figure out the best place to incorporate. I'm an Australian who lives in Thailand. I haven't been back to Australia for ~5 years. I am currently paying taxes in Labuan but due to tax changes there are now multiple on-going costs which make this a...
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    Incorporating in UAE / RAK (offshore)

    Hey there, I've been reading online and have spoken to an agent regarding incorporating in the RAK (offshore). I've been told that I apparently need a residence visa as it will be very difficult to source a banking relationship without residence. Does anyone have recent experience with this...
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