Please convince me. Real advantages of owning a corporation.

[banafinfodafuggiano]

The Ex‌ wife living in his home country.

 

[jafo]

Did you‌ miss his post?

He has NO wife and NO ex-wife!
That man is on a mission clapping Latina⁣ cheeks in Latin America with NO intention of ever slowing down. rof/% smi(&%

That man is living⁢ the life I wished I could live! There is so much we could have learned︀ from him. I spoke to him a few times. Man is a legend! 😎

 

[Deepbarrels]

Yes, I'd diversify to.⁠ open a 2nd brokerage account like ibkr and buy VWRA (world etf non-us domiciled /Ireland)⁤ so no witholding tax on dividends

 

[Houdini]

well explained it does not need any further words.

 

[cuno]

Similar questions have come up here many times. I would think that people are aware‌ of when they need to register a company for their business. Moreover, it’s only necessary‍ if you're earning enough money to reduce taxes a bit, while also covering the costs⁠ associated with setting up the company and still having a profit left over.

 

[Houdini]

very true @cuno something every startup entrepreneur must consider.

 

[Primat2024]

How much money I need to earn to make a new company⁣ in Dubai?

 

[JustAnotherNomad]

VWRA has 15% WHT on US dividends internally.
There are actually some‌ swap-based ETFs that can avoid it. But probably not really worth it.

 

[dany]

reach out to some of the many Dubai company formation services‍ around here at OCT or on google.