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Thanks for pointing out the tax rate applicable over 375K AED in case of natural persons. Personal investments also includes a definition that states that the activity cannot be considered as a commercial business. However commercial business includes speculation (in Federal Decree Law No.50 of...

Yes, but can't it be avoided by selling the stocks of US companies by spouse or family before it becomes common knowledge that the account holder died? Even the funds can be withdrawn from broker's account to local bank account after liquidating the assets. Am I missing something? Will this...

I am an Indian citizen. I read that estate tax is applicable to US citizens or residents. If I become a UAE resident, is it applicable to me? In case of death of owner of IBKR brokerage account , can't the funds in the brokerage account transferred to owner's bank account, by spouse (or...

I have no idea about setting up LLC and using it. Another user in this thread suggested that there are a few advantages with US brokers that way. So, I wanted to find more details related to the structuring.

Indians who are no longer tax residents in India won't be liable to pay any tax on income (in any form) generated outside India to Indian Tax Department. Only rental income, interest income, dividends etc. received from within Indian sources are taxable for non-resident.

Thanks for your response. What would be the tax implications if I set it up under US LLC and reside in UAE for the entire year? I am planning to use US brokers such as Interactive Brokers, TastyTrade. What advantages can I expect if I set up a LLC and trade using LLC account? As you...

Thanks for the response. Professional trading is a business activity in India. So, I have made peace with it being treated as business activity everywhere else. I am comfortable with 9% tax rates in UAE on my business income. I also read that first 1 million AED is not taxable for natural...

Hi All, I am from India and my primary activity is going to be trading stocks, futures and options in US and European financial markets. I am looking to immigrate and setup a structure that minimizes my tax liability as much as possible. I am open to trading in a personal/business account...

Yes, I am an engineering graduate (Bachelor's degree in Chemical Engineering) working full time as a Software Professional in India.

Have questions regarding my specific situation. I am from India and I am looking to immigrate and setup a structure that minimizes my tax liability as much as possible. My primary activity would be trading stocks, futures and options in US and European financial markets (mostly US). I am fine...

I plan to have lot of trading activity. I was planning to fund IBKR account from UAE bank account after moving to UAE to start trading. I was just worried about withdrawal of profits to UAE bank account. Now it looks like I can use bank account from any country to send and receive funds...

That is great. Just for confirmation, if I transfer funds to IBKR from UAE bank account to fund my investments and trading capital, at the time of withdrawal if I feel my UAE bank can freeze/block the funds, can I transfer it to my bank account in another country (EU,US or Australia for example)?

Can one withdraw funds from IBKR to desired/different bank account(s)? I assume IBKR allows one to withdraw funds to the same account from which funds were transferred to IBKR?

Thanks for the response. I am interested in finding out the appropriate legal structure to carry out my trading activity (stocks, futures, options) in US and Europe financial markets. My activity involves very active day trading, large turnover, speculation and use of derivatives. I am using...

Hi troubled soul, Which freezone and license is appropriate for stock derivative trading in Dubai/UAE? Have you/(someone you know) traded derivatives without any hassles from freezone authorities about activity alignment with license? I would like to trade derivatives (in US and Europe) using...

Hey JSA, I would like to know about trading regulations in UAE. I am an Indian resident. Is there any business license or approval that is required if I wish to move to UAE and trade in stocks, derivatives on international exchanges US and Europe using personal funds? Can we just migrate to...