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But as long as you trade/operate from that country, where you are resident, its no more foreign income in theory ? Some mentionned you cannot get the TRC with this scheme alone

Right, the part of your income below that would be at 0% tho even if you go above that right ? Just to make sure of how that works

In the public consultation documents, saying that even individual, as long as they would be conducting a business or commercial activity, would be undergoing the CT, the question is, is day trading of your assets, as a your main activity, subject to the CT then ?

If you are managing your own money, but actively, would it put you under the scope of the CT ? Even if you setup a company for trading, knowing most big exchange are licensed in the uae, wouldn't they be considered as local transactions and make these transactions liable of CT. And the fact to...

Now that with the new CT system it seems day traders or individuals trading regularly as opposite to occasionaly will be undergoing the CT in UAE, does someone know about Bahrain, is it a good alternativ, it seems there are not CT there, is it easy to settle there and get the tax residence ...

You said the opposite on the other page : "Day trading can be considered a professional activity and subject to CT tax. It is still uncertain" Does the new UAE CT applies to day tradings will there still a very clean way to be at 0% if day trading is your main activity ? You mention a setup...

Even your own personnal funds ? Are they really gonna distinguish a day trader doing 10000 transaction a year, people running high frequency trading bots doing 100M transaction a year, and the small investor doing 10 transaction per year ? Also are you sure that a FZ would be exempt, knowing...

I am interested in relocating in UAE as a crypto/stock day trader, however i don't know if it's suitable with the new rules. UAE is set to implement CT of 9% from mid 2023, they released this month a new consultation document trying to explain better who will be subject to that. However it is...

Most brokers are now licensed in UAE, binance, kraken, etc, so I don't know if this make it even worst in term of taxation, or better ? If you trade from UAE, your center of operation is from uae, then does it make you taxable at 9%, whether you trade on local or foreign brokers ?

"Are free zone companies eligible for 0 per cent corporate tax? Income earned from the following transactions is likely to benefit from 0 per cent CT: *Transactions with businesses located outside UAE" Does that mean if you are day trading throught your FZ on stocks platform like...

Is it new ? Seem people used to be able to do it.

If you get a local sourced salary you do comply with the requirement to get the tax residence certificate, I was meaning if the company stay dormant. By fake company I mean, if you are a professional day trader or a crypto trader and open a license to sell toothbrush or a consultancy company...

I was referring about actually moving to Dubai, with the classical opening FZ and get residency route, then live 183 days+ there. The problem is most consultant are proposing a bit shady roads where your freezone is dummy freezone with an unrelated activity, so it will be either dormant (then in...

Thank you, nice sum up, yes I heard more and less the same as you did from accountants and consultants. Looking for the same as you, so very interested in your threads, with UAE seeming to be a not so reliable solution now that 9%+VARA+grey list (these three could induce uncertainty on...

Are you sure, I saw here and there that above 3 transaction a year is 15% Also Bulgaria has permanent establishment rules so that if you manage your offshore from Bulgaria, shouldn't it be taxed as a bg company ? Thirdly is that even possible to get a bank account for offshore crypto trading...

Is it/will it be mandatory for exchanges to get a license to be able to serve UAE residents ? (exchanges without license cannot be used in UAE ?

Interesting, you think if some annual fix licence fee amount to be able to trade crypto ? Or actual tax % on turnover or profits

Yes, but what about all other platforms, will they still be serving uae residents

Are you sure it does not have any effect on randoms residents which day trade crypto ? Here seem to say otherwise : New Dubai law: All you need to know about virtual assets and regulations Will all randoms residents of uae still be able to day trade crypto without any registration or tax ? Will...

1)Also the question is are foreign exchange who aren't based in UAE and do not have that VARA licence still able to provide access to UAE residents ? It would mean you lose access to most platforms ? 2)Secondly I cannot find clear info on that : "Yes. It is prohibited for any person in the...