Well - then you can opt for being handled as a Mainland Company - no need for auditing and 3M AED small business relief - 0% tax till 01.01.2027.
@Au999 mentioned this yesterday here but we have the impression no one really realized it or did understand it:
https://www.offshorecorptalk.com/threads/new-big-dubai-fzco-benefit.41495/
We gonna call this in our new blog article in the upcoming days "Escape-clause"︀
See here - Ministerial Decision No. 82 of 2023
So what you do then in the decision making︄ process in the first step is "NO" to Qualifying Freezone Person and you are opting︅ to become a Mainland Company with No Audit requirements, 3M AED small business relief till︆ 01.01.2027 an first 100k$ Profit Tax Free.
We gonna call this in our new blog︇ article "Escape-clause".
Correct - average business has 15% profit margin - for "Small︉ Margin Business" we would recommend the earlier mentioned "worst case tax" and for "High Margin︊ Business" the "Escape-clause".
Not at all but as our sticky get's either︍ ignored away, not recognized or frames as "DLS Dubai" can't be neutral - we mention︎ you based on your comments how the reality looks like.
Again our statement is:
We assume that the Excluded Activities is an exhaustive list, and that the activities not mentioned️ automatically belong to the Qualifying Activities.
This results in a Free Zone Company (FZCO) having a 0% Corporate Tax Rate.
Why?
Because everything else doesn't make any sense if you make yourself familiar with the vision of the UAE leaders.
Do they want to attract companies producing metal goods or do they want Blockchain Startups, AI and everything which is actually coming up?
Do they plan to have Air Taxis or are they planning to have again Public Rides on Camels as an Taxi Replacement?
Just see the Vision 2030:
https://en.wikipedia.org/wiki/Cultural_policy_in_Abu_Dhabi#The_Abu_Dhabi_Vision_2030_Master_Plan
Some of you even mention it themselves:
So again our Blog Article will be structured︄ in 3 points:
1. Our statement and why we see the things we do
2. "Escape-clause"
3. "Worst Case Tax"
For everyone who after this Blog Article still thinks that︅ Dubai FZCO is dead - well then let us know how your life goes in︆ Cayman Islands, Bahamas or Vanuatu and even the Banking Situation would be interesting. Maybe some︇ of you guys would then relocate to Bermuda or Somali - I doubt that some︈ Talabat Rider there delivers you in the night tooth paste or some Pakistani washs your︉ car 4 times a month for 25$ but 0% Tax it's then for sure.
EDIT:
Just posted and literally 10 new comments -
@alessio yes that's typical for forums but︊ don't worry most our clients think like you do - it's just unusual that they︋ take the time to fight ghosts in a forum - I do of course as︌ this is part of the business however at some point you gonna call it a︍ day as real life is more important.
@Konstanz if someone checks all your posts he︎ gonna see that you are bashing UAE since the beginning we are around - all️ good from my side as well - no bad feelings.
But
@Konstanz honestly in your earlier post you claim I'm using fake accounts and in the next post you are like "No one blames him of nothing. At least me" - Come On
😀
@bedouin you were earlier in this thread not amused that IFZA didn't sent you any e-mail in regards to CT - just look around - no Freezone did so far - they have a roundtable next week Monday as they have for there own taste too less information to make an Official Statement - no one did - no DMCC, no JAFZA etc.
We can do this as a Private Company in a faster and more straightforward︀ way - especially in a Forum like here.
