5K1PP3R 🗣️ Active Recruit Jun 9, 2021 229 0 161 May 11, 2024 #1 Wouldn't UAE consider this LLC a CFC (Controlled foreign corporation) with the need to pay 9% corporate tax?
Wouldn't UAE consider this LLC a CFC (Controlled foreign corporation) with the need to pay 9% corporate tax?
J JustAnotherNomad 🦍 High-Ranking Operative Oct 18, 2019 3,674 0 161 Jun 24, 2024 #3 No, not a CFC. But it might be tax resident in the UAE, or have a PE in the UAE. Yes. Nobody knows if/when this will be enforced. You should be able to lower that risk a lot by having a director in a country that doesn't care.
No, not a CFC. But it might be tax resident in the UAE, or have a PE in the UAE. Yes. Nobody knows if/when this will be enforced. You should be able to lower that risk a lot by having a director in a country that doesn't care.
