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I think UAE/Dubai. Since I would spend more than 6 months in Dubai. But as far as I understand, UAE's 9% tax will not be applicable because this is not a mainland company doing business in the UAE.

My understanding was that if I spend more than 183 days in Dubai, I would qualify for the tax residency certificate. Is it not so? I am not an expert on this subject, but here is what I have learned so far. I would own real estate in Dubai valued over 750k AED, and get a 3 year residency...

Thank you. I am thinking to start with a fresh LLC and bank accounts, just dissolve the old one. Or should I rather just start filing the right forms with the old entity? Thanks again for your time!

Yes that part has been handled in a timely fashion. Just wasn't aware of the IRS forms so looking for guidance.

Hey Guys, So i have a US Single Member LLC I have missed filing Form 5472 and Form 1120 for 2 years. Had anyone else dealt with a similar situation? What are my options? Should I just dissolve the LLC and form a new one, or is there any way to retroactively file the forms and not get in trouble...

With the complexity of banking in UAE, and costs associated with Freezone companies/licenses/expensive resources, isn't it best just to live in UAE (through real estate investment) and operate your business out of a Single Member US LLC or a UK LLC? Your business entities are basically tax free...

Thanks for your answer. I have been leaning towards the setup you suggested, but also want to know that what if I don't become a UAE resident at all. Maybe some years, I might not be able to spend the 183 days in UAE for tax residency. What would be amazing is that if someone can confirm that...

Hello, I am a Canadian who has been a non-resident of Canada since last 4 years, living in Tbilisi Georgia. No ties to Canada whatsoever, other than the passport. I manage all my affairs through US Single Member LLCs, using the pass through entities. So basically things come down to my personal...

As far as I know, you can open an LLC in any US State and open bank accounts all across the US. For example, I have a Wyoming LLC and opened the bank account at Wellsfargo in Seattle, WA. Just my 2 cents..if you want to compare Florida LLC with other states'.

I am a Canadian currently in Georgia. Be careful with this setup. Some "consultants" (say nomad capitalist) claim that foreign sourced income is not taxed in Georgia. But in reality, it is very specific passive income that is tax free. If you manage a foreign corporation from Georgia, that...

I hear you..you wouldn't want a random company/person to have that type of power over you. But I know people who have used friends who own companies sponsors their visas for a fee. Generally it comes out to $1000-1500/year. If you don't want a business account and are mainly interested in a...

Has anyone tried the options listed on sites like https://dubai.dubizzle.com/? Some companies seem to provide visa sponsorships for a fee. For example, https://dubai.dubizzle.com/communit...000-2-653---6ea02af332d842c7b5c76442aef8f8ca/.

Wow..truly eye opening. I am going to re-read your message in the morning again and really register it in my brain :) Thanks again..much appreciated.

Thanks for taking the time Nicholas! I thought that along with the 5M AED for 5 years and 10M AED for 10 years gold visa, 1M AED allowed a property owner to get 3 year resident permits. Has that been scrapped completely? Source: Residency Visa Rules (2021) at a glance for Dubai Property...

@Nicholas Van Orton , would you please share what your nationality is? Does that affect the success rate with the banks, opening bank accounts for Free Zone companies or Personal accounts? I am a Canadian. Just to confirm, in your opinion, if I shell out the 1M AED for real estate, and get the...

@CaptK could you please send me a PM, I am not sure how to from my end. I would like to know more about what you do, and possibly create a similar solution for myself.

You mean you are able to deposit that amount of cash in a single transaction? That's amazing. In your opinion, is it better to make cash deposits, or wire/bank drafts to receive funds? How does one explain cash deposit anyway, I mean I could always show them an invoice but do they reach out to...

Thanks for answering @CaptK . How long have you and/or your clients been banking in Dubai? And how many times has the bank asked you to provide proof of source of funds, invoices etc?

I am considering opening a Dubai Free Zone company and actually making the move to UAE. Not getting in trouble with the authorities is my top priority, so I want to keep my setup as simple as possible. The company would ideally be pretty lean, me and max 1-2 more key employees in the UAE along...

I am a software engineer. Do you think there are local business opportunities in the IT field? Do UAE based businesses look for local Software solution providers, online marketing etc.? Also, would love to hear from anyone who has explore local e-commerce opportunities, such as Amazon FBA/FBM or...