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    NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai

    Saw quite a few shops like this
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    NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai

    Hi all! Just wanted to update that Fred and his team did a great job in completing my setup. I did everything expedited which I paid extra for and got it done in 28 days. Got my online Emirates ID on the 8th day and then the rest of the time was basically waiting for the business bank account...
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    NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai

    If I may ask why didn't you open the personal account with Mashreq aswell? What is the advantage with NBD?
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    eu vaccine passport

    No passport yet, just a certificate of vaccination. Same for the the PCR test.
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    Dubai offer

    Assistant professor salary is 4k euros per month, nothing horrible in that! Last edited: Jul 30, 2021
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    Dubai offer

    80000 aed is 18000 euros per month. In EU that's considered quite a lot!
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    CRS Reporting, confused if I am reportable via my bank and broker.

    Well that makes you tax liable to Uk for CGT
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    CRS Reporting, confused if I am reportable via my bank and broker.

    Did you transfer your positions from personal IB account in UK to personal IB account in UAE?
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    Seaspiracy - You must see this, the most watched documentary on Netflix ever!

    Yes I saw it a couple of weeks ago. Haven't eaten marine life since! Lets grow public awareness on this, our future depends on this!
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    NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai

    Fred can you please comment on how the company is dissolved? All cash goes to the owner? Fees etc.
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    The list of non CRS countries 2019 - 2025

    Checking the OECD website and seems UAE is CRS complaint under Automatic exchange of information (AEOI) since 2018. So does offshore make sense there http://www.oecd.org/tax/transparency/country-monitoring/
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    NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai

    Great questions and I am on the same boat. I do not need a company but it seems you need to set it up for residence permit. So if company related costs could be reduced it would be of great benefit. I dont know if bookkeeping and audit costs are included in the 4000 euros yearly company...
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    Does Offshore still makes sense now for EU nationals?

    I read that to get tax residency I would need to stay 183 days but the visa is issued for 6 months? So it is short of the target. I could move there and trade stocks from there so I dont really have to set up a company unless that is what is required to get the visa. But I need the bank ccount...
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    Does Offshore still makes sense now for EU nationals?

    Thanks for sharing your experience. I am in Finland and was looking for options. It makes sense that it cannot be that easy/cheap to set up management elsewhere without government knowing about it
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    Offshore setup ideas

    I looked at the costs for a bvi company with nominee director to be around 3k from fidelity. They did mention these signings would be extra but they didn't mention anything specific. For a trading company with IB the director will not be required to sign anything on a regular basis
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    Does Offshore still makes sense now for EU nationals?

    BVI is not blacklisted! But it is scary how others have been blacklisted.

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