Search results

You will just have to state salary on the payment. They are that pedantic in the banks that you make it as simple as possible for them to understand.

Freezone is best for the visa for your wife and child. Plus it allows you to do other work. Crypto friendly banks, there is no real answer. You would be better to sell OTC and then pay it into your business account. If the companies are not exchanges then you can receive those payments directly.

UK Ltd would work perfectly for him.

Very difficult but once you have UAE residency then you can open a UK LTD/LLP and run it from the UAE.

Any payment you receive from the US for goods or services then makes you liable for tax then your accounting becomes a headache. Form W8/2771 and the rest regardless of being a non resident alien. DO NOT RECEIVE A PAYMENT FROM THE US, UNDER ANY CIRCUMSTANCE!!!!

Speaking from personal experience. State tax, Federal tax and Withholding. I had all non US sourced income for 3 years. I took one payment for services in the US and that opened a can of worms that I led me to shut down my US structure.

If you get a freelance you can then get a business bank account. Once you get your ID you can open as many personal bank accounts as you want. No problem at all. You will need to provide a bit more to get tax certificate like utility bills and bank statements with 95% day to day transactions in...

It all depends if you require a business account or not. ID can be got in a week but could take up to 2 weeks to actually receive the ID card The employment route is the quickest to get emirates ID and if you are paid salary then can obtain a tax certificate within 3-6 months. Freelance is...

Where is the asset based and is the new company going to be in a different Jurisdiction?

Is this under the rebate scheme? If so you would need a offshore entity, UK LTD is a favoured one. Then on paper you would pay the 35% tax but shift the profits to the UK LTD Holding Company. Apply the rebate and then only pay 5% to the Maltese tax office. You don't need a bank account for...

Since you have proof of transactions then just take it to them and apply.

A nominee company or companies to spread the risk. Happy to discuss options

Any of those are good, just print off all your bank statements and take them and ask if they can help.

Banks will not like you using your personal account for business. It will state LLC but I know I'm the UK you do have to alway state your account is a Limited/LLP. If you are a UK resident you can have a sole trader account which can be John Smith trading as John Smith Business. So the...

Depending on your sector you can be employed on a commission only basis. That will get you a visa and then you can be paid by your employer.

Single member LLC in Nevada, as a non resident alien can be in just your name. Nevada has no state taxes. You don't need to make the foreign company the owner. Mercury Bank and Signature Bank are the ones to go to. It would be better to finance the operation with a non US entity. So the stock...

If your bank statements show heavy use in Russia for day to day expenses then forget it. Russians unfortunately are being hit hard. Kazakhstan I know definitely works as there are a few Russians in Dubai using that route. They are merely using it as a pass through and are buying up assets...

What does your business do where you want the payment sent to?

No bank account about 2-3 weeks. Run that account and after 3-6 months you have bank statements to show all the other banks.

The process is simple it just takes time and patience. If you know what the banks require and provide them all the documents they require upfront then you will get one. The trick is not to go with a bank in mind but start with whichever bank accepts you. Build up a history and the after 3-6...