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They're interested in companies with a minimum $600K annual turnover but it can be reduced because 3s Money is trying to get a share from UAE market hardly. They got a license from UAE last year and marketing everywhere in DIFC.

I'm talking about the address hotel not the outdated apartments inside the same building. Try to read first and after that use your keyboard. I don't need to justify anything to you. I own and manage properties in Dubai worth 8 figures. I know the market and how real estate agencies work and...

1-) They are furnished apartments in the different part of the address marina building not "Address 5 Star Hotel" as Fred mentioned. 2-) You sorted the cheapest listings first. Real estate agents use fake cheap listings like this to attract potential customers. This is a very common tactic in...

How? I just checked the lowest room price at Address Dubai Marina for 29 days. The cost is 12K EUR 1 month even in ramadan. You can check from their official website. You can't rent a room at the Address Hotel for 30-40K EUR per year. You can get a discount with 1-year agreement but obviously...

Which Address hotel is it? Decent means any average flat in Dubai Marina. If you want to live in the middle of the desert then yes the price will reduce. JVC to downtown takes 30-50min and there is a huge traffic problem in the area during business hours also JVC is very problematic because of...

You shouldn't be subject to 9% CIT with a free zone company. It depends on revenue and transaction count but generally costs 2-3K EUR. Possible but not in the near feature(in 3-4 years). A proper company set up in a reputable freezone costs 15-20K EUR per year including a small physical...

Deposit $1M to have a good account in Switzerland? No thanks. Their second biggest bank collapsed just a week ago. There are lots of safer alternatives with less fees. https://fortune.com/2023/03/20/how-did-credit-suisse-collapse-so-fast/

I heard that Nigerian thing but all of them were arrested in 24 hours and probably they're still in jail and waiting or hoping for deportation. You can rent a shitty dark place without air for 20K aed annually. If you want to rent a place for 20K AED then Dubai is not the right place for your...

Banks have your transaction profile they know your usual transfer amounts and destinations. If you're wealthy and keep several million USD worth of assets with the bank then a $1M bank wire will not raise too much attention and it will be easily executed. If you have a bank account like average...

As long as you deposit 500K, they will be ok for a non-resident account. Number 1 rule is never trust real estate agent in Dubai. My suggestion is to go to EMAAR and check the properties available right now. Their building quality is above Dubai's average. You can book a unit with your credit...

You shouldn't look for offshore company strategies at that profit level. Simply pay taxes in your country, focus on your business and check after $200K+

bluewaters residences, bvlgari residences, one at palm...

I'm not saying all buildings have good quality in Dubai but if you buy from a good developer, you will get a high-quality unit but they're expensive. Dubai is much better than EU, if you have money.

They are trying to rip you off. There is no such thing as "Escrow Agent" and you can open a bank account before your residency. Fly to Dubai as a tourist and approach to ENBD, ADCB or Mashreq. They can open a non-resident account for you but you need to apply their priority/gold segment which...

I suggest you withdraw your remaining balance before saying something like this because your account will probably be frozen. I don't know what you're dealing with exactly but if the bank notifies the authorities, you will be in trouble.

VAT exempt and VAT exception are different things. If you're 100% sure that you won't have any supplies or VAT subject imports, then proceed with the VAT registration and request an exception. You must log in to the FTA portal and complete the form. The form is interactive and will guide you but...

This is completely wrong. 0% rated exports are taxable supplies and count for the threshold.

Correct but has to be declared 0% rate and counts for the registration threshold. No one-time only.

I already shared an official document written by MoF but somehow you are obsessed with the FAQ page instead of the actual law. I understand that you never experienced FTA tax audit before, good luck.

Deloitte is one of the most reputable accounting firms in the world but if you want an official source check the PDF I attached. The document is released by the Ministry of Finance UAE and gives a good insight about what is coming. Attachments Public Consultation Document English.pdf...