backtoexpat@alien.topBtoDigital Nomads•Offshore company for European citizen living abroadEnglish
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1 year agoUAE have introduced corporate tax at 9% on profits above 300,000 AED. UAE is also on the FATF grey list
An offshore company can cost $1k-$2k a year in admin fees and a offshore bank account will usually require a balance of $25k-$100k and have monthly fees if $50-$100. Which is why it’s usualy only worth it once you are in the six figure profit stage
UAE have introduced 9% corporate tax on profits above 300,000 AED