Search results

  1. L

    Buying Dubai Property as Non-Resident - 1.5% Escrow Agent Fee

    Thanks for this mate. When you say "buying directly from the owners", how would you suggest one does this? Obviously looking at Propertyfinder I can only see the agent listings and have no idea who the actual seller is to be able to contact them. Do you suggest posting in owners' facebook groups...
  2. L

    Buying Dubai Property as Non-Resident - 1.5% Escrow Agent Fee

    Hi all, I am looking to buy a property in Dubai for around AED 2.5m (no mortgage) on the secondary market to get the golden investor visa. My money is currently in USD and I'm being told that I will need to pay an "Escrow Agent" 1.5% of the price as a payment intermediary for the purchase...
  3. L

    UK online biz, where to move?

    Hi, does anyone know if the 30% withholding would also apply to Amazon.com FBA businesses run out of, say, UAE companies?
  4. L

    UK Asset Purchase proceeds extraction

    That's certainly the plan. Should be c.£300k left in the LTD company after retained earnings are depleted for dividends so going to speak to a tax advisor about whether this kind of amount can be extracted through a salary next tax year and the NIC concerns of doing so (potentially need to...
  5. L

    UK Asset Purchase proceeds extraction

    Update to the situation - the asset purchase will go ahead and we will aim to complete by end of March, meaning 19% corporation tax will be paid. Then this will be redistributed to myself as a dividend in the following tax year, which should be considered disregarded income as I will be a UAE...
  6. L

    UK Asset Purchase proceeds extraction

    Thanks a lot guys, this is super helpful. I had my suspicions that this might be the case so I will now try to push for a share purchase.
  7. L

    UK Asset Purchase proceeds extraction

    Hi all, I'm about to sell my online brand (within a LTD company) as an asset purchase deal. Wondering if you can see any initial red flags with this plan: If I left the UK for the UAE in Year 0, the LTD company received £1m for the sale of the brand and then paid me (a director) a salary of...
  8. L

    Dubai Expat best Setup for Amazon FBA US/EU selling?

    I'm in the exact situation in looking to set up a UAE structure - I've heard of multiple sellers using a HK corporate structure (no tax treaty with the US) and not having to deal with withheld sales by Amazon. Would appreciate if someone with such experience could weigh in
  9. L

    UK Resident - HK Company - How to keep central management & control non-UK?

    Hi all, I run an eCommerce business (have stock and sell in the US and EU) currently out of a UK LTD company as I'm a UK resident. I'm aware that if I want to switch over to a HK company, I need to prove to HMRC that the company is centrally managed and controlled outside of the UK. A lot of...

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu