From what I’ve read online, not actually done, you can get a tax residency in the UAE after you start your company there. You then only need to visit the UAE at least once every 6 months. This could allow for zero taxes, and no real residential requirement. However there are yearly business fees, and your company must obey Islamic values.
This is what I’ve read online. Could be way off.
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When it comes to establishing a business and/or branch in a country, you also want to take into account what the minimum financial requirements to do that are. For example, maybe a country requires that you put $1mil USD either into a local bank account registered to your business whereas another jurisdiction may only require $3000.
When it comes to tax residency, most countries now are going to require that you spend at least 3-6 months a year (with an increasing number moving toward 6+) within their borders to maintain your tax residency. For this reason, it is important to find a place that you will like living in and it is acceptable to pay a little bit (within reason) more in tax if it means saving yourself from being miserable or bored for a large chunk of every year.
This is what I’ve read online. Could be way off.
[/quote]
When it comes to establishing a business and/or branch in a country, you also want to take into account what the minimum financial requirements to do that are. For example, maybe a country requires that you put $1mil USD either into a local bank account registered to your business whereas another jurisdiction may only require $3000.
When it comes to tax residency, most countries now are going to require that you spend at least 3-6 months a year (with an increasing number moving toward 6+) within their borders to maintain your tax residency. For this reason, it is important to find a place that you will like living in and it is acceptable to pay a little bit (within reason) more in tax if it means saving yourself from being miserable or bored for a large chunk of every year.