Recent content by RRR

  1. R

    Bad Credit - Lease/Purchase Car

    Nicolas I think it has come as a shock to you because I haven't explained the full breakdown of the UAE company. Yes I am fully aware of the running/annual renewal costs (VERY HIGH). I have spoken to an international tax advisor, I won't go into too much detail as that is not needed and or...
  2. R

    Bad Credit - Lease/Purchase Car

    Would have to agree to disagree with you on this one. Completely different situations. I now understand my options hence why I asked for helpful advice, isn't this what the forum is here for. I will be leasing the car myself with a higher deposit (due to the bad credit rating). Problem solved...
  3. R

    Bad Credit - Lease/Purchase Car

    This is exactly the response and advice I have been waiting for. JustAnotherNomad thank you very much for highlighting the above and making things much clearer All the best!
  4. R

    Bad Credit - Lease/Purchase Car

    Correct (the UAE company will be a separate business to my UK business activities). Real estate sales official source of income in the UK.
  5. R

    Bad Credit - Lease/Purchase Car

    Sorry who said anything about not "having a pot to piss in"? I'll take it that you judge people by their credit rating? which in this case your assumptions are wrong. Happy to pay for the car outright but I just remember reading in other threads to avoid it. If I am moving the majority of...
  6. R

    Bad Credit - Lease/Purchase Car

    Well as I explained in my original post, I will be setting up company formation in UAE (eliminate UK corporation tax) - would it not raise any alarm bells with HMRC (tax-man) that I own a £100,000 car? where if it is leased there's no questions asked under the radar, have I got this wrong?
  7. R

    Bad Credit - Lease/Purchase Car

    Yes UK Citizen
  8. R

    Bad Credit - Lease/Purchase Car

    As mentioned above I would prefer to lease for various positive reasons (also highly recommended in other threads from experienced members of the OSCT community). The question is finding a way to guarantee the lease with a bad credit rating.
  9. R

    Bad Credit - Lease/Purchase Car

    Hello all, My second post. Just wanted to start and say how great this forum is and that I have already connected with some great people to assist with my business requirements/activities. Some quick background, awaiting comms from a deal I have brokered. Monies will be used to set up a...
  10. R

    Ras Al-Khaimah UAE Company Formation (UK Citizen)

    I have been looking at a G63...but no this is helping allot and I appreciate everyones feedback and assistance. I need to do much more research and make sure I make the right decisions as I do not want HMRC coming back to bite me in the a**
  11. R

    Ras Al-Khaimah UAE Company Formation (UK Citizen)

    Fully aware that I need to show substance in the UAE. If you were in my position would you opt for different structure/formation? I am happy to invest to make it work and keep HMRC happy ha! - first time owning a business and I will fall into the higher tax band for personal income tax and 20%...
  12. R

    Ras Al-Khaimah UAE Company Formation (UK Citizen)

    I am going to email you as I have seen a number of your replies in threads and your UAE knowledge will considerably help. Thank you CK
  13. R

    Ras Al-Khaimah UAE Company Formation (UK Citizen)

    Hi, New to OCT - I'm looking into organising an off-shore company formation in the UAE, I've come across Ras Al Khaimah (RAK) which may be a suitable location cost wise compared to neighbouring emirate Dubai. Can anyone recommend an agent or have experiences opening an off-shore company in...
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