Search results
-
F
Offshore investing companies in Tax Heaven
- Singapore company with banking there is considered onshore business. You have to pay 17% tax on profit and do auditing annually. Hongkong is similar. - UAE company LLC/FZ is good choice if you move there to live and enjoy 0% tax. Cost is not cheap. - Tax-haven companies with Singaporian banks...- For Free
- Post #8
- Forum: Offshore Company
-
F
UAE offers now 100% ownership of LLC??
You can own 100% LLC but it is not easy as you think because there will be heavy investment in specific sectors. On the other hand, LLC has to submit financial statement annually while FZE not. For bank account, yes LLC is easy to open accounts in many banks but there may a requirement of...- For Free
- Post #4
- Forum: Offshore Company
-
F
TransferWise and Workable Jurisdictions
Transferwise can work with BVI for sure, but other jurisdictions (Seychelles, Nevis) may not be the problem. The matter is you have to pass KYC process to prove your legit business and it is not easy at all. The best chance is if you already have legit business somewhere with supporting...- For Free
- Post #3
- Forum: Offshore Bank & EMI Accounts
-
F
TW closing UAE accounts
You may need to provide the following information and supporting documents: Any other sister/parent company in UAE or abroad? What is the company line of business? In which services/products Company is majorly dealing? What is the actual reason of establishing free zone company? Perform...- For Free
- Post #67
- Forum: Offshore Bank & EMI Accounts
-
F
TW closing UAE accounts
Dear @BlueMist, is your company LLC or FZC/FZE? Do you need local office to open business account at ADCB?- For Free
- Post #63
- Forum: Offshore Bank & EMI Accounts
-
F
Best setup to live in Dubai without doing business?
Yes, after having Emirate ID and your address at UAE with utility bill to prove (even Banks may not need it). Thing will be very easy- For Free
- Post #19
- Forum: Offshore Company
-
F
Best setup to live in Dubai without doing business?
Yes. Cheap FreeZone is difficult to open business account, but the topic owner is asking about residence visa and personal account only. For business account, bank KYC is always difficult and you need legit documents of your previous/current business to prove. Start with small banks and run...- For Free
- Post #17
- Forum: Offshore Company
-
F
Best setup to live in Dubai without doing business?
S Sharjah, Ajman, UAQ... If you don't plan to open business account, there may be no need to rent flexi desk which costs ~15 AED/year. So register Free Zone Entity, apply for 3-year Visa, rent an apartment to live in Dubai and apply for personal account.- For Free
- Post #14
- Forum: Offshore Company
-
F
Best setup to live in Dubai without doing business?
Free Zone Entity is better option. Chose cheaper freezones (not Dubai or Abu Dhabi) which may cost you 8000$/year (3-year Visa). Rent an apartment and use information to apply for personal bank account like Mashreq Neo easily.- For Free
- Post #11
- Forum: Offshore Company