UAE FZ TO MAINLAND TRANSFER REVENUE

[USDT]

I mean, what is the best way to withdraw the company's‍ profits - as salary or dividends - in order to avoid problems with the bank?⁠
For example, a company with an annual profit of 1.2M and one shareholder/employee. Would it⁤ be optimal to pay a salary of 50k and quarterly dividends of 150k?

 

[rowena]

If you have about $1M annual profit then the best way is salary because;

- It⁤ will be tax-free even after CT comes in 2023.
- It will make easier to⁣ work with banks, easy to get credit cards, loans, easy KYC, etc.. or government related⁢ things like foreign country visa applications etc.. because all the systems mainly focused on people︀ who are on salary.

If you have a $10M annual profit, then you have to︁ go with salary + dividends because a $1M salary will be questioned.

 

[overnbeyond]

Here is an example using rak bank. It is all about the combination of exchanges‌ and your profile with the bank, private or business.