Why don't you simply setup a company in the︃ UAE with any of the providers suggested here, simple and easy. Looks you have the︄ budget now 🙂
Setup new offshore company where?
- Thread starter Starlights
- Start date
- Status
Yes i want to do that. but i need the bank in dubai not report to tax goverment in EU where i lives
one more problem ,where find a trusted agency for doing this work?
one more problem ,where find a trusted agency for doing this work?
as far i read on this forum they will start report 2018, but i think it depends what company setup you pick, i no expert on dubai freezone offshore setup yet so maybe someone could explain better
for a example German customer with a FreeZone Company and bank account in UAE + Residency VISA in UAE (with real Utility Bill), the AEOI will be between UAE and UAE and not between UAE and Germany.
If the FreeZone Company has a bank account outside UAE (for example in Belize), the AEOI will be between Belize and UAE .
The AEOI is between the bank and the Tax Authority except for US citizens (FATCA).
But question is how to get a utilility bill? and what would this setup cost?
For me not importen to make business in dubai and i sell only apps ?︀
If the FreeZone Company has a bank account outside UAE (for example in Belize), the AEOI will be between Belize and UAE .
The AEOI is between the bank and the Tax Authority except for US citizens (FATCA).
But question is how to get a utilility bill? and what would this setup cost?
For me not importen to make business in dubai and i sell only apps ?︀
to get a utility bill you need to rent a flat or some office space. Is that complicated in the UAE or expensive so to say? I would say 10 m2 would be sufficient.
seychelles is also a good option because of its low tax rates. There will be no big change in main things like tax rates and legal framework etc.
it not works very whell for sell apps in apple store and playstore. but i agree it works good for other business that not sell apps
@Starlights are you sure that you can get payment from Google Play and Apple in UAE free zone? If these Google or Apple, pay your money from their UAE branch, it seems that would cause trouble. I happen to have similar trouble like yours and I am looking for an answer to this problem too.
Here is quote:
Trade Restrictions within UAE: Companies within freezones under the UAE law are not allowed to legally engage in business with companies and individual onshore, each freezone has different legislation with regards to the allowances or legality of operating the freezone
Here is quote:
Trade Restrictions within UAE: Companies within freezones under the UAE law are not allowed to legally engage in business with companies and individual onshore, each freezone has different legislation with regards to the allowances or legality of operating the freezone
If i honest i very tired to find a perfect business setup for people that sell︀ apps because on this forum there is only very expensive solutions for rich people and︁ for people that want earn money from the agency company and care 0% what happens︂ after you did open the business because you payed already the agency and need pay︃ this agency fees every year and they can make the fees higher every year who︄ will stop them do that i guess nobody. this offshore market i feel is outdated︅ and not works anymore as it was working 5 years ago because goverments from many︆ countrys is thigthen the tax loop holes at least in my country they talk about︇ this on news everyday how to stop business avoid taxes in tax paradice countrys and︈ force companys pay tax in home country . i wish i was open business 20︉ years ago it was more easy then and there loop holes where much bigger and︊ any things was not in public everywhere how to avoid taxes
still there is loop︋ holes but not many left and rich business owners pay alot of money to find︌ them to tax lawyers they hired. but we not rich and smaller business owners we︍ have no chance to follow this guys tracks all the time
and i speak here︎ for a long time how to open a cheap offhsore business for sell apps but️ as you see i still confused if there is any great options for smaller business owners that sell apps
i think there is but i feel maybe they not want share the secrets here in public
Let me know and keep me updated if you find any great solution
still there is loop︋ holes but not many left and rich business owners pay alot of money to find︌ them to tax lawyers they hired. but we not rich and smaller business owners we︍ have no chance to follow this guys tracks all the time
and i speak here︎ for a long time how to open a cheap offhsore business for sell apps but️ as you see i still confused if there is any great options for smaller business owners that sell apps
i think there is but i feel maybe they not want share the secrets here in public
Let me know and keep me updated if you find any great solution
- Status