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As business banking in the UAE can be a lengthy process, I'm working on contingencies. Does anyone have experience with opening up a business account with any of these Dubai-based currency exchanges in order to receive payments? - Delma Exchange - Al Ghurair Exchange - Al Fardan Exchange - Al...

There are some difference from country to country, but in general, how does the 183 day rule work? It seems that if you stay more than 183 days in a country, that's where you're considered tax resident. Consider the following scenario: you stay in country A where you are resident, but earn no...

I'm relocating to Dubai in the next few weeks. Freezone company is setup. For those that have done the move, any practical tips to share? Examples: - For the initial period, is a hotel preferred over a serviced apartment or hotel? - Sim cards: any particular preference for Du, Virigin or...

Can someone share more information about opening a business bank account for a freezone company, specifically minimum deposit amounts, revenue? It seems the requirements are substantial. ADCB seems to require a business revenue of AED5M. HSBC requires a minimum monthly balance of AED100,000...

it seems most UAE banks require a pay slip or similar to open an account. What if you haven't taken a salary in years and just lived off savings? Is it enough to just show proof of funds?

My European bank does not allow bank transfers to the UAE so I'm looking at solutions. There's TransferWise, but what else? I've come across Mercury Global (not to be confused with Mercury, the US bank) but I can't seem to find much on them. What other options are there that will allow large...

Perhaps a silly question, but just want to make sure. I will need to use Stripe in order to accept payments. As per Stripe docs, they have different requirements depending on the business setup in Dubai. For sole establishments, branches of sole establishments and free zone establishments, the...