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On personal level no need license but on corporate yes .

Please share bank name

If a client has stocks or etfs, he can transfer it to other bank I believe But for cash 100k Please confirm

Absolutely not No signs of flood anymore

Do they onboard UAE company?

UAE full package and all shared 100% owned by you for freezone company. There is no alternative.

I have a feeling that you will waste time looking for other banana jurisdictions with no real bank account and later come back to Dubai. As others suggested: find better accountant. Go meet 5-10 accounting firms at their office and you will figure it out.

Most likely auto converted to aed

Consult accounting firm in dubai. Only they can help. Last edited: Apr 6, 2024

Wio bank has partnership with stripe to accept card payments I think it is good solution

I agree but I have a solution He should have spent only dividends, let's say 1.50% a year. Leave 10% annual income untouched and held his positions and let compounding do it's magic.

Why Monday Any reason for this specific day?

Timing the market is a waste of time The point is to buy at anytime using dca strategy Any extra money you have. Buy!

https://www.joshuakennon.com/janitor-ronald-read-leaves-behind-8000000-secret-fortune/

Please share swiss bank name that closed your account

Thanks for this informative video It brought up very important point Climate change would make it imberrable to live there even in winter Imagine +40c in winter and 60c in summer On the other hand, Saudia arabia is big threat to UAE. Imagine if they setup freezone with 0% tax and copy same exact...

The only thing that works, I have looked in other jurisdictions but couldn't find any alternatives to Dubai. Taxes are at 9%. It is just that some folks are looking for ways around it and wasting time. I have been telling them to get accounting done but they still want to wait. Result is same...

Dubai is best for you Move there so your new residency is UAE. Pay 9% when you reach 100k income in USD. Setup stripe to accept credit card payments and Wio bank for wire transfers.

You are absolutely right this screenshot and this performance of brk clearly shows Warren buffett beat the s&p500 in the past. But a question comes to my mind knowing that he is 93 years old, can Brk still beat s&p after his death?