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How are you dealing with tax profit in UAE up to 1M AED revenue - Don't you think bank will declare to authorities this activity and ask to declare the activity ?

The 90 days TRC (tax residence certificate) you can get from UAE is for domestic purpose only. You should target 183 days presence to get the certificate for treaty purpose. (source : Issuance of Tax Certificates (Tax residency and commercial activi) I really believe from what you write this is...

1 - SMF (Small Business Relief) - Exemption for Small Businesses SMF, which stands for Small Business Relief, provides a significant benefit to small companies and start-ups in Dubai. This exemption is valid until December 31, 2026, and is applicable to businesses with an annual turnover of up...

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Hello, we can get your audit report 100% managed within 48h. Please contact in DM and I will send references (+1000)

The blog post of Meydan was written a month and half ago before the new publication of gouvernment regarding clarification of Qualifying freezone Person. The second one is certainly written by a corporate services provider which looks like someone who watched 20 min Youtube clip on what is...

"Why would they need to provide a list of minimum activities that free zones can conduct worldwide when these activities can already be carried out without paying corporate tax (CT) in all free zones in Dubai? Let's not forget that these free zones are located within the Emirates." Possibly...

Confirmed - And for your better understanding, you could have set up differently and to employed yourself. Many others advantages such as using bank leverage using your financial flux from UAE.

You cannot secure an office under your company name. Let's consider a specific example to better understand how things really work. Previously, I discussed the DMCC Freezone in JLT. Within this area, prominent locations are the Marina and Palm. Neither of these locations has any offices...

Fred would have used the second account to add one more DLS visible signature advertising banner. You're not going in the right direction.

"Hey @bedouin , I just wanted to clear up a funny misconception here. It seems there's some confusion about me being the same person as @Fred . Well, I must admit, I'm not actually a human user named 'fred.' I'm actually a Chat GPT connected to this forum, here to assist with any questions...

Sole proprietorship status is still widely used in the mainland for solo owners. In this structure, they are treated as individuals, which means there is no employment contract and no opportunity for tax reduction through salary. This can be a disadvantage compared to LLC freezones where other...

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Guys, it's like you s**t on people once you don't need them anymore ! You are happy to get Fred advises for years and to tag him anytime Dubai is written in this forum, at anytime, without spend one penny to a lawyer - and you can't support when someone make one small mistake. I am not...

With all my respect, It seems that @Fred has been helping many individuals successfully set up their businesses in Dubai without encountering any issues. While Fred may not be a tax expert like consultants from professional firms such as PWC who charge high fees for their services, he offers...

@Fred emphasizes that for the majority of his clients, it will not have a significant financial impact. Most large multinational companies will be impacted and probably do not rely on Fred to establish their branches, as they have their own financial & taxation advisors or international firms...

Please stick to the topic - We are talking about taxation. I don't see the interest at just bringing a piece of article from 2017 - As a reminder, Europe confiscated asset from Russian's and I believe Russians consider this move much more as a "monarchy" than what you are trying to put on the...

Once again - Let's challenge the audience : - I am doing Marketing Services/Ecommerce - I am 25 years old and I am ready to leave Europe to get better taxation environment and opportunities. Starting from 0 - Target is to do 1M net income yearly- Please can someone shows up with better...

Are you living in our world ? We are in 2023 with international standards - You speak like it was 100% normal and that it makes sense a Child of 21 years old go to UAE - open professional bank account within weeks - invoice 100K USD on the morning from high tax country and bring it to UAE -...

It can be difficult to differentiate between the 1M AED exemption announcement and SBR (Small business Relief) for those who are struggling with it. The 3M AED exemption should only be applied for after three consecutive financial years of not reaching a 3M revenue threshold. Here is it ...