Recent content by Omen744

It's not clear because you bring out information I don't ask about.

Right. Too frequently, tens of thousands. But previously you said a diffeernt thing

How can it be? You mean that any money, apart from salary and investment, *from ouside of UAE* would be deemed as business transactions? What if a UAE resident sent me some money, say $500, or even 1-3k usd? Maybe he owed it to me, maybe he made a gift -- there can be a gazillion of potential...

I don't either. But I figure that the business one are much larger.

You haven't understood. I didn't say that that I'd be condacting business using my personal UAE account for that.

Sold! First I think I'd obtain a freelance visa, open a personal bank UAE account and see how it goes for a half a year or so. Later, possibly I'd open a company and a business bank account. Can a freelance visa be converted into a company later on? Or will I have go through all the procedures...

How will a local government find out about my UAE company if UAE doesn't exchange information automatically?

If I live in UK, Canada, US, European Zone, Australia, NZ, South Africa (perhaps too) than an offshore company will give me no benefit - you wanted to say. Namely, all other countries don't chase their citizens, temporary residents and tourists for taxes.

I'm not from US, Canada, UK, Australia, Europe If I set up a company in Dubai and won't live there, what'll be a benefit of the fact that UAE is a zero tax country? Zero taxes apply only to those who spend at least 183 days per year in UAE, no?

Let's say, there's a company in UAE, UK, Georgia, Bolgaria, Deleware/Wayoming/New Mexico or Hong Kong, LLC/LTD, wherever it is... that no longer surves me. In general, how difficult would it be to close it? How long would it take? Would it cost me much ? Will I be able to do it on my own or...

My question still hasn't been answered the way I asked it. * one personal account, email1, phone1, country1 * one separate business account, email2, phone2, country2

I have a personal TW account. I know that I can convert my personal account into a business one, or add a business account or multiple ones Can one open a brand new TW business account, with a new email and phone number, which will be 100% independent from his current personal one? The...