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  1. J

    Arival Bank - Anyone Used

    that's a good question, maybe they still support vibes and good intentions
  2. J

    Arival Bank - Anyone Used

    I'm looking for a business bank account to switch from Arival Bank, which no longer supports ACH payments. The company is a UAE freezone entity providing marketing services for other businesses Based on what I found on the internet, this might be a relevant alternative: https://www.fvbank.us...
  3. J

    Arival Bank - Anyone Used

    I didn't specify, I'm looking for business bank account Zenus currently provides only personal account, at least that what they have on their website https://zenus.com/en/business/
  4. J

    Arival Bank (Review 2024)

    I'm looking for alternatives to Arival bank that accepts ACH Any recommendations?
  5. J

    Arival Bank - Anyone Used

    Recently, Arival discontinued support for ACH payments I'm looking for alternatives that accept ACH Any recommendations?
  6. J

    Brokerage account for Panama company

    Congratulations! I would like to open account in Arival for investment in crypto and stocks at IBKR. I don't want to be rejected at once just by mentioning crypto and stock in my application. do you know is it ok to mention crypto and stocks investments, as a purpose? or is it a way to get a...
  7. J

    Arival Bank - Anyone Used

    I would like to open account in Arival for investment in crypto. Does anyone know is it ok to mention crypto and stocks investments, as a purpose ? or is it better not to mention crypto, stocks at all?
  8. J

    Question Crypto to Cash exchange in Dubai

    Looking for recommendations for non-KYC OTC in Dubai, crypto -> cash, 5 figures any recommendations?
  9. J

    What structure to wrap UAE residency (and reduce US taxes)

    Because if you operate as US entity and would like to put your payment to expenses then, service provider have to file W8 - for non-residents or W9 for US residents. So, as UAE resident you will file W8
  10. J

    What structure to wrap UAE residency (and reduce US taxes)

    When you work with a US client, the client will ask you to file a W8 form and once you put their UAE, this means the US client should withhold 30% of the payment amount to you, that's the US client's obligation. of course, there is a case when the client doesn't hold it and it could be a case...
  11. J

    What structure to wrap UAE residency (and reduce US taxes)

    B2B payments from US companies for IT software development. So, if I got everything right if there is FZCO in the structure = WHT 30% should be paid. Any other suggestions, e.g. Cyprus, where should I look at? As I can see DTT was signed by the US only with Cyprus and Malta as low-tax...
  12. J

    What structure to wrap UAE residency (and reduce US taxes)

    I'm just wondering, can you share more details about how Canadian Extra Provincial Corporation should be set up, as a holding company owned by FZCO? If you are dealing with US clients as Canadian inc and effective management is in UAE, I suppose IRS can count you as UAE based and apply 30% WHT...
  13. J

    How will be taxed Pass-through entities in 2023 in the UAE?

    Could you clarify, are you talking about US citizens or residents who is trying to avoid paying taxes in the US? Or about non-citizens as well? Do you mean if you do B2B business and US LLC client send you a payment e.g. for marketing service to FZCO it's not deductible expense for US LLC...
  14. J

    UAE FZ + USA LLC, best way to structure

    Do you think it's possible? If you pass taxes to Ukraine, I suppose you have to pay Dividend tax or effective corporate tax which is 18% instead of PE 5%. Lately, CFС was announced and this year companies starting to report. If there is no information exchange between Ukraine and US right now...
  15. J

    UAE FZ + USA LLC, best way to structure

    First of all, there is a limitation on your turnover as PE in Ukraine (not income), now it's around $175K which doesn't work for me if you exceed this limit you are no longer 5%. Secondly, because of war, there are some banks' limitations on spending, for sure they should keep economics alive...
  16. J

    UAE FZ + USA LLC, best way to structure

    I'm resident of Ukraine
  17. J

    How will be taxed Pass-through entities in 2023 in the UAE?

    I'm pretty sure IRS is continuously searching how to tax you at least corporate tax 21% especially in case, you do business with other US companies mostly and it looks like you try to avoid paying CT Thank you for your detailed explanation, it's really helpful! Actually, I'm not a US citizen...
  18. J

    How will be taxed Pass-through entities in 2023 in the UAE?

    Did you have experience with such a setup? I would like to know more details about this setup. I'm also in a service business and would like to have US LLC as a billing company for my clients (also the reason is conservative clients which prefer not to pay to FZCO), charging a small percent...
  19. J

    UAE FZ + USA LLC, best way to structure

    Thank you for your response! I'm just wondering how do you suppose to minimize the taxable income of US LLC? I suppose if you use your US LLC as a payment processor and get a 1-5% fee, you can get in trouble with IRS, they probably will ask a lot of questions if you send 95% of profits to FZCO...

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