Interesting facts:The value of real estate in UAE must be at least 1 million dirhams in order to obtain a residency visa. Full version
The online business on the Internet is relatively new in comparison with the offline one. The fundamental principles of its legislative regulation are only emerging in different countries and it is convenient for online entrepreneurs.
Online offshore in one of the tax havens is the best choice to minimize taxation. By means of opening an offshore company, one can significantly ease the tax burden and at the same time be absolutely sure about privacy. Moreover, opening an offshore company gives you the opportunity to set up an account and keep your funds in the reliable international banks.
After registering a company, for example, in the United Arab Emirates, you can place your servers there and provide online services or carry on internet trading all around the world.
The first difficulty to solve is what part of business to move into online offshore. The best option is when commercial activities (orders, payments) are performed on behalf of the foreign company via website. In this case, you will pay taxes in accordance with the law of an offshore zone — at zero rates. The server hardware should also be located in an offshore country. That helps you not only to minimize taxes but also to be additionally protected. As to the part of business concerning the last stage — goods delivering, it is better to locate it in the country where you will sell them.
Clarify the cost of opening company, corporate or personal bank account, obtaining a residence visa, or another question regarding business in Dubai, UAE:
Good luck with opening an online offshore!
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