Search results

I've got a quick question. I need to update my employment contract (just revise the salary). Should I just take my existing contract and revise the salary and effective date, and send that to IFZA, or do I need to do something else? Thanks!

Quick note to share with the community. Just had my Wio account blocked with no notification or reason. Never done anything strange with the account and the funds are clean. This seems to be happening for several people....

With the newly introduced corporate tax in the UAE, I would like to get some clarity on salary. My FZCO will be doing less than AED 3 million so I will be claiming Small Business Relief and paying 0% tax. In previous years, I have been paying myself a significant salary. Now with corporate tax...

With the inspection notices from DIEZ that everyone has been receiving, I thought it would be good to get some input from the community. I have been in contact with IFZA and they maintain that there are no audit requirements for IFZA companies. For reference, my company was incorporated in...

I'm using a third party service that will only issue payouts to a PayPal account as my business is outside the US even though I have a US bank account. Question: I've tested and I can add my US bank account if I use the bank's address (street, city, state, zipcode). My company name is listed...

If you run a freezone company in the UAE, have you registered for corporate tax? I received a note from the federal tax authority about corporate tax registration for public joint stock companies and private companies (LLC). Does this include free zone companies or we can wait to register?

I've seen @Fred mention Citibank a few times on here, so started looking into them as I'm looking for another personal banking option. Love to hear you thoughts on and experiences with Citibank in the UAE (as a Citigold account holder) or other account.

Have you had good success or issues when using a crypto exchange/provider (Coinbase, Kraken, Circle, etc.) to off-ramp crypto to fiat and withdraw to your UAE business bank account? The crypto that is being deposited with an exchange has been received as payment to a private wallet address. The...

@Fred recently posted about Nomo Bank launching in the UAE and shared that onboarding was straightforward. I'm intrigued by their term deposit rates, but trying to do some due diligence. Does anyone have any insight into Nomo Bank?

I'm soon due to renew my passport. My UAE residency visa (Dubai) is stamped in the passport. What's the process? Do I need to have the residency visa re-issued to the new one, or is this no longer relevant as I have an Emirates ID card? Anything else I should be aware of in addition to...

Hi all, I'm coming up on my second year here in Dubai and I will soon need to start the renewal process. I used a service provider to set everything up, but I'm no longer working with them due to their pricing (they provide a package which is far more extensive than I need). Some questions for...