Selling E-books where open a company

[Freewilly]

Does Kindle / Createspace work with UAE offshore company and which countries are accepted for bank transfer from Kindle?

How it works with Kindle + taxes number + Offshore Company?

 

[kekmaw]

Freewilly said:
Does Kindle / Createspace work with UAE offshore company and which countries are accepted for bank transfer from Kindle?

How it works with Kindle + taxes number + Offshore Company?
Click to expand...

No they do not.
However, it can still be solved by having a publishing company in the US and a company in the UAE that produces your books etc that is hired by the US company. This way you can get down the effective tax rate to 5-10%.

If you aren't making $100k+ a year though, I would just wait with moving and getting your tax down.

 

[rg56]

kekmaw said:
No they do not.
However, it can still be solved by having a publishing company in the US and a company in the UAE that produces your books etc that is hired by the US company. This way you can get down the effective tax rate to 5-10%.

If you aren't making $100k+ a year though, I would just wait with moving and getting your tax down.
Click to expand...

Thanks for your incredibly helpful posts, @kekmaw

I already have a company registered elsewhere which I use for my book business - I just want to live in Dubai and continue managing my company.
But do I need to set up a UAE company in order to have permission to manage my overseas company/work in Dubai (visa)? What would happen to this defunct company?