UAE free zone for dropshipping business
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For Dropshipping I think you need PayPal and Stripe and maybe other merchants?
PayPal is working very limited in UAE. Stripe dont work at all.
You should go for a combination of US LLC for the merchant account part and UAE freezone for the profit shifting and residence.
PayPal is working very limited in UAE. Stripe dont work at all.
You should go for a combination of US LLC for the merchant account part and UAE freezone for the profit shifting and residence.
Thanks Fred for the feedback!
How much taxes do I have to pay on the US LLC while living in the UAE? knowing that I sell mainly to US customers (I guess that will require to collect state taxes)!
And how about the UK LTD, will that be better for taxes?
How much taxes do I have to pay on the US LLC while living in the UAE? knowing that I sell mainly to US customers (I guess that will require to collect state taxes)!
And how about the UK LTD, will that be better for taxes?
With the Dubai company setup UK LLP will be your real deal.
You simply setup the Dubai company with residence and bank account and proceed after that with the incorporation of the UK LLP. As the UK LLP require 2 partners - you will be a partner and your︀ Dubai company.
The UK LLP is tax neutral and you get taxed in your residence︁ country - in your case the 0% tax UAE + UK LLP works very good︂ with Stripe and PayPal.
If you require help with this setup or further clarification -︃ feel free to PM me.
You simply setup the Dubai company with residence and bank account and proceed after that with the incorporation of the UK LLP. As the UK LLP require 2 partners - you will be a partner and your︀ Dubai company.
The UK LLP is tax neutral and you get taxed in your residence︁ country - in your case the 0% tax UAE + UK LLP works very good︂ with Stripe and PayPal.
If you require help with this setup or further clarification -︃ feel free to PM me.
To insert a US LLC when the client deals with US persons just to solve the question of the merchant account? Why not talk to your bank in the UAE? Many of them provide card acceptance as a service - obviously with restrictions on your citizenship
It's the simplest way.
The banks in UAE are old-school and provide mainly PoS stations not online merchant processing for let's say Shopify in multicurrency. If it's possible like with merchant services - avoid a UAE bank service.
Even local companies that work online and collect in AED only work with online merchants like Payfort.
The banks in UAE are old-school and provide mainly PoS stations not online merchant processing for let's say Shopify in multicurrency. If it's possible like with merchant services - avoid a UAE bank service.
Even local companies that work online and collect in AED only work with online merchants like Payfort.
Yes as mentioned in other topics the best recommendation is to forma a UK LLP in combination with the previously formed Dubai company. The UK LLP is tax neutral and is easier to work with compared to the US LLC.
The UK LLP can be formed with 2 partners. One partner is the Dubai company and the oder partner is yourself.
The UK LLP can be formed with 2 partners. One partner is the Dubai company and the oder partner is yourself.
Not at all.
But as mentioned in other topic we do the setup mainly with UK LLP.
The additional cost is close to zero.
For example if a client setup with us the Dubai company with residence and bank account in UAE - we don't charge anything additional for the UK LLP Consulting / setup.
But as mentioned in other topic we do the setup mainly with UK LLP.
The additional cost is close to zero.
For example if a client setup with us the Dubai company with residence and bank account in UAE - we don't charge anything additional for the UK LLP Consulting / setup.
It's a valid question, why not to continue it public? Although I have never considered such option, I would also be interested in the UK LLP compliance going further and running fees, reporting requirements (accounting, audit), VAT registration requirement, annual submission if any. Can the 2nd partner have 0% shares (e.g. UAE FZ) to be considered as a legal setup? Are profits distributed from UK LLP (dividends) tax free on the UK level?
Any UK real bank possibility with such a structure of UK LLP with 2 non resident shareholders (essentially the same UBOs...)?︀
Any UK real bank possibility with such a structure of UK LLP with 2 non resident shareholders (essentially the same UBOs...)?︀
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