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The Perfect 0% Tax Structure for Online Businesses

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Wealthy Expat

Wealthy Expat

Күн бұрын

Пікірлер: 228
@Mqlekk
@Mqlekk 2 жыл бұрын
Man I really appreciate your effort, everything I need in 10 minutes
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Good to know thank you for watching!
@DD_DripGod
@DD_DripGod 2 жыл бұрын
Can you make a video explaining the legal structure more? Why the Arizona LLC versus Delaware or others, what freezone specifically you picked in dubai, etc?
@lunamorris2091
@lunamorris2091 10 ай бұрын
I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.
@waizazawad
@waizazawad 10 ай бұрын
This is pure gem man!
@salmandagiya4537
@salmandagiya4537 7 ай бұрын
Why not just connect Stripe to the Dubai bank account? As per my understanding, customers just see the Stripe portal, they dont know if its going to the USA or Dubai. So, why create the extra layer of USA when it can be done only from UAE?
@BDUDE
@BDUDE 6 ай бұрын
Outside the stripe link, clients generally don't like to deal with non western companies
@wjux
@wjux 5 ай бұрын
How they gonna know on stripe or paypal payments that its linked to dubai bank account 🤔​@@BDUDE
@user-wn2ho5ij5f
@user-wn2ho5ij5f 4 ай бұрын
In that case it doesn't matter, but people won't be doing 5 figure plus transfers through a stripe page... people at that level would find ask about your bank
@MarzellCrypto
@MarzellCrypto 11 ай бұрын
I’m trying to understand why you need to set up in the US and then have it owned by a UAE company. Why not just set up a UAE company.
@michaeldouglas7989
@michaeldouglas7989 7 ай бұрын
Because he can then get a residency permit in uae, one factor that provides uae tax residency ie 0% tax
@ericbpreston
@ericbpreston 2 жыл бұрын
This really spoke to me. Set up a US LLC last year and beginning stages of looking at A FZCO. Might be your perfect client 😂
@ericbpreston
@ericbpreston 2 жыл бұрын
Curious about how the personal tax residency is connected. Been looking at Cyprus non-dom
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Awesome man happy to help! The personal tax depends on where you live, Cyprus could be good but better have your residence in Dubai and connect your assets here
@sbadrawi2011a
@sbadrawi2011a 2 жыл бұрын
If everything is going great with the US LLC then why would you need to have a Dubai FZ company! In other words, if you are not paying taxes using the US LLC then what's the point of the FZ Dubai company!
@ericbpreston
@ericbpreston 2 жыл бұрын
@@sbadrawi2011a asset protection & investing. Potentially tax residence
@AIRfree
@AIRfree 2 жыл бұрын
@@sbadrawi2011a 1. If the members of the LLC is you, then you would’ve required to pay tax 2. If the member of the LLC is a FZCO , then the FZCO would be liable to pay tax …. 1. You=10% or 20% , or whatever % 2. FZCO = NO tax.
@thomassparks5205
@thomassparks5205 2 ай бұрын
You should have a uk company in between LLC and UAE to avoid any withholding tax issues
@2ndTim3_1-6
@2ndTim3_1-6 2 жыл бұрын
I learnt so much from you in a few videos about where to setup best for crypto and citizenship than all the other YTs I have been watching for the past 2 years.
@SUPERNVA-gr4sr
@SUPERNVA-gr4sr 7 ай бұрын
Your channel is a gold mine❤
@josephinebardot8403
@josephinebardot8403 8 ай бұрын
Thank you for the video!!! We learn a lot from you! Thank you!
@2mamun
@2mamun Жыл бұрын
Hi, What is the setup cost for this structure?
@aryanasmith4426
@aryanasmith4426 Жыл бұрын
I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!
@argenin-xp4nh
@argenin-xp4nh 3 ай бұрын
Great solution, Thanks a lot bud
@TheGlobalFederation
@TheGlobalFederation 2 жыл бұрын
Hi , quick question: What about the VAT you charge per service? Meaning would your invoices - USA LLC INVOICES - have the US TAX (local tax %) + the Amount you charge? How do you then justify the money to go all the way up to the UAE company? Invoice it as consulting? Thanks, Tiago
@mlee9049
@mlee9049 2 жыл бұрын
I have the same question but for e-commerce (selling products). Trying to figure out how the sales tax is handled. Update: I use TaxJar so I think it's just a matter of linking it my new (foreign) bank account. Still have to pay sales tax per each state as required.
@RookieSDR
@RookieSDR Жыл бұрын
@@mlee9049 I belive stripe has a feature where they collected does taxes, since each state has its own taxation which has to do with my client but not us. or am I wrong?
@mlee9049
@mlee9049 Жыл бұрын
@@RookieSDR Please elaborate. TaxJar does everything. Even files for me. For U.S only though
@DeanArviv
@DeanArviv 9 ай бұрын
It's called the Nexus law. Applies worldwide. Each country or state with their own conditions. Could do manually based on volume, or use a service to help you with that.
@marcoym5946
@marcoym5946 2 жыл бұрын
I have my US LLC for my online business. It works great. I hope in some years I'll have a free zone company in Dubai. Thanks
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Definitely yes, let me know if you need help setting it up
@sriram2k4
@sriram2k4 5 сағат бұрын
thanks mate
@nasserbrn
@nasserbrn 2 жыл бұрын
Thank you very much for this... I am definitely setting up a call with you
@growthcab
@growthcab 9 ай бұрын
Man this vid is a gold mine, thank's a lot for what you're doing ! What if you're non-US resident ( instead you're tax resident of a territorial tax country) and bill US clients via your US LLC and transfer instantly that money to your UK LTD. In this case do you have to pay taxes to the US on US sourced income ?
@Wilonda
@Wilonda 2 жыл бұрын
Wow! This Is Very Valuable Information. Thanks For Sharing 🙏🏾
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Thank you for watching!
@MisterSpeed68
@MisterSpeed68 Жыл бұрын
Dubai for the first time introduced taxes in main land companies , in case you want to do business in UAE you must have a mainland company set up not freezone
@nikolaradakovic5050
@nikolaradakovic5050 Жыл бұрын
Hmm, you cannot send money to parent company without proper reason, in this case is the capital distribution which implies withholding tax
@erictan9274
@erictan9274 Жыл бұрын
That’s what I am thinking about too
@nikolaradakovic5050
@nikolaradakovic5050 Жыл бұрын
@@erictan9274 yeah so one needs to be careful taking online advises
@albertzigrind
@albertzigrind Жыл бұрын
Thank you for the advices, well done
@michelfahed
@michelfahed 2 жыл бұрын
Could you explain why the US company owned by the UAE company doesn't have to pay any taxes to the US?
@WealthyExpat
@WealthyExpat 2 жыл бұрын
If it's owned by a non-US citizen, non-US resident then it doesn't pay any tax since LLCs are pass-through entities and taxed at the personal level.
@michelfahed
@michelfahed 2 жыл бұрын
@@WealthyExpat Thanks your reply, I'm currently not a US resident/citizen and I own real estate rental houses in the US, my LLC currently has to pay taxes. What's the difference between the business you are describing and my LLC? Is it because yours is an online business that does not serve US clients or it's because my business is in Real estate?
@dr.kanpassornsuriyasangpet3980
@dr.kanpassornsuriyasangpet3980 2 жыл бұрын
@@WealthyExpat Does this also include US-sourced income that made payment through WY LLC with foreign owner?
@sbadrawi2011a
@sbadrawi2011a 2 жыл бұрын
@@michelfahed I think that it has to do with the fact that the income you generate from your real estate is US sourced. In his case it is not US sourced (online).
@Headsavvy
@Headsavvy Жыл бұрын
I’m a licensed psychotherapist living in Vietnam. My company is technically owned by my Vietnamese girlfriend, however I also have a EIN tax ID number associated with this company (I’m American). I’m still paying 15% self employment tax every year. Can this be avoided?
@sirinath
@sirinath 6 ай бұрын
Great video!
@everstanding400
@everstanding400 3 ай бұрын
4:40 I don't understand, could you please clarify!? You say this setup is tax free for non US Citizens, then say i still need to pay taxes if i live in my country of origin! What do you mean?
@Support_4.0
@Support_4.0 Ай бұрын
I thought also about this for online business. But I have another idea. Company in Cyprus and LLC in US. What u think on that?
@johnwick860
@johnwick860 2 жыл бұрын
is it also possible to have an existing US LLC and then later on create a company in Dubai and have the US LLC to be a subsidiary of the UAE company?
@TheEliteMixer
@TheEliteMixer 2 жыл бұрын
Why would I move the money to Dubai if I'm a non-US citizen/resident? i could just keep the money and spend the money thru the USA Company bank account and credit card
@cirtey29
@cirtey29 Жыл бұрын
I read reviews that Mercury freezes accounts without warning, same for wise
@brenttaylorphotography
@brenttaylorphotography 2 ай бұрын
Is this still applicable with the new Dubai laws? How would your advice change?
@Felix-dopamine-acc
@Felix-dopamine-acc 3 ай бұрын
So when I setup a US LLC as a non US residence I pay 0% tax?
@VamosViverFora
@VamosViverFora Жыл бұрын
Great vid!
@mrbabyhugh
@mrbabyhugh 2 жыл бұрын
WOW, that's exactly what I'm doing, and already have mercury account for the US/FL company as non citizen (already dont pay taxes unless I employ a citizen and/or reside there for 6 months). Currently it's in my name, I was first considering to have a holding company in WY. Then I start to stumble across UAE and that is definitely the direction I am going for the holding company.
@dexterspeights3484
@dexterspeights3484 2 жыл бұрын
Wyoming is better than Florida and Cheaper!
@pranavchillal8868
@pranavchillal8868 2 жыл бұрын
I also have a mercury acc and company in WY.But i m not from US so do i have to file tax in US??
@sbadrawi2011a
@sbadrawi2011a 2 жыл бұрын
If everything is going great with the US LLC then why would you need to have a Dubai FZ company! In other words, if you are not paying taxes using the US LLC then what's the point of the FZ Dubai company!
@dexterspeights3484
@dexterspeights3484 2 жыл бұрын
@@sbadrawi2011a Dubai company is one of the members of the LLC - Dubai company pays UAE TAX on profits instead of US TAX which is higher!
@HiddenMan_
@HiddenMan_ Жыл бұрын
is this legal?
@vam9785
@vam9785 Жыл бұрын
What about EU options?
@Makash_432
@Makash_432 Жыл бұрын
Do I need to pay state tax for the US LLC
@jamesaldridge1128
@jamesaldridge1128 9 ай бұрын
What about VAT when you are selling online service to people all around the world?
@TheSecretSagas
@TheSecretSagas 4 ай бұрын
so this option isn't really available for Americans permanently living in the US?
@Jasmine-vq3mf
@Jasmine-vq3mf Жыл бұрын
What's the best way to make money from crypto training/stock investment?
@Davidmarex
@Davidmarex Жыл бұрын
I don't trade,I invest with a professional assigned by crypto/stock company that trade for us and return profit on weekly basis for me and you can invest your capital and get weekly Return of investment(ROI) without any extra fees attached
@Davidmarex
@Davidmarex Жыл бұрын
The professional is Mrs Yenifer Sanchez
@MihaeleHorea
@MihaeleHorea Жыл бұрын
Yeah that's right I think the best way is to invest with a professional, at least it saves the trauma of too much losses this just suprised me because I also invest with Mrs Yenifer Sanchez
@Davidmarex
@Davidmarex Жыл бұрын
Mrs Yenifer Sanchez is a great personality in the state,I trade stock with her,both are profitable but Bitcoin is higher
@MikeDaniloDias-ll9nj
@MikeDaniloDias-ll9nj Жыл бұрын
​@@DavidmarexHow favourable is the Market Now.i want to invest in crypto currency Can I start with $3000
@alfs3
@alfs3 Жыл бұрын
Rafael you talk too fast through most of the important parts and I don’t know if that’s a sales tactic just to get people to setup a call or not but it’d be helpful if you went a bit slower when explaining the details - otherwise well put together info thus far!
@Sandersamui
@Sandersamui Жыл бұрын
Hi what about the VAT when you sell to companies or private people in Europe?
@matthawksworth
@matthawksworth Жыл бұрын
Great presentation
@caverna_dev
@caverna_dev Жыл бұрын
Hey there... absolutely great content. I have a completely unrelated question, though: what is that wireless mic you are using in this video?
@ABMMOHINULISLAMMAHIN
@ABMMOHINULISLAMMAHIN 3 ай бұрын
Can you please explain this in more details? I'm completely new to online business and have no previous background so I didn’t understand most of the video, so I asked AI and it said "However, there are some nuances....consult a tax professional"...for example, I want to run a subscription based web design agency and I am from a third world country where stripe and paypal isn’t available so eventually I have to open a uk or us llc company to be able to use stripe..and according to my understanding of your video, if I open a free zone company in dubai and let it own my us llc 100% then i won't have to pay any taxes cuz ultimately the free zone company in dubai is making all the profit not the us llc, since it owns 100% of us llc, and thus 0% taxes, correct? Please clarify. Love from 🇧🇩🇧🇩🇧🇩
@learningsimplified5120
@learningsimplified5120 2 жыл бұрын
Awesome video, keep up the incredible work! :)
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Thank you so much for watching!
@rawmark
@rawmark 2 жыл бұрын
I would love to see you do a video about which countries allow us to make deposits by bitcoin. I know there are a few. Andrew Henderson, who. She's so e great videos, loves to post click bait videos. He made one on this topic but gave away nothing as he never gives anything away for free.
@maxwess1753
@maxwess1753 2 жыл бұрын
Awesome! How often would I need to file taxes in the US? Can I easily open a paypal account under the name of the LLC? Would it be possible to have multiple PayPal accounts for multiple LLCs? Thanks :)
@serdiary
@serdiary 6 ай бұрын
What is the purpose of putting FZCO instead of yourself as the beneficiary for a US LLC? IRS will find out the ultimate beneficiary anyway, when you will receive EIN and you will have to disclose the information. And especially with the new law (orporate Transparency Act), which started in January 2024, the point is completely lost, even if you don't get an EIN.
@JBYT41
@JBYT41 4 ай бұрын
Great video but there is a problem... You can open up a US LLC and use neo-banks like Wise & Mercury with no issues at all. But as a non-resident of the USA, how do you set up Paypal & Stripe accounts for US customers to pay? This entire plan doesn't work if you can't use US payment processors.
@phantomstays
@phantomstays 3 ай бұрын
simple, Stripe PayPal will ask for a US SSN (to prove you arre a citizen) or, a US EIN (to prove you have a company in the US). Use the EIN option.
@SashaPogba
@SashaPogba 6 ай бұрын
This structure in great for the US, but won’t work for the EU because of the new ATAD 3 Unshell regulation
@anafloreani3270
@anafloreani3270 7 ай бұрын
I am an American citizen who recently just got dual citizenship in Italy. I live in Italy now. What’s the best way for me to start and LLC and have the least tax possible. Help!
@michaeldouglas7989
@michaeldouglas7989 7 ай бұрын
Do you need to add in your professional license that the FZCO also holds shares in other entities (which I believe is a commercial activity).
@dropshipdownunder
@dropshipdownunder Жыл бұрын
Great video, I’ll be in touch
@antonrekun13
@antonrekun13 6 ай бұрын
Yeaaah… you kind of forgetting about transfer pricing, which is essentially a corporate profit tax in the US 😁
@ManifestingChange
@ManifestingChange 10 ай бұрын
What is strategy for capital gains tax for US Citizens?
@auroraarcturusambassador8042
@auroraarcturusambassador8042 Жыл бұрын
Also, regarding Freezone and Main....(?) businesses; what if you want to trade locally in Dubai And internationally?
@YouNeverKnowWhoIsWatching
@YouNeverKnowWhoIsWatching 2 жыл бұрын
My dream destination is Japan. How can I find out the tax benefits and legal structure to do business from Japan?
@shaolin100
@shaolin100 Жыл бұрын
Don't you need a Transfer Pricing (TP) document as these are transactions between related entities?
@jhonathanmondragon7162
@jhonathanmondragon7162 Жыл бұрын
It's not a payment for the use of an asset, it's the shifting of profits from a company to another that just makes the scheme useless
@zeeshancbm
@zeeshancbm 2 жыл бұрын
Hi Rafael, please don’t mind but the person who is holding USA passport in their hand in the video at 2:13 possibly get your nail checked - the line in the nail can be an issue.
@gn2650
@gn2650 Жыл бұрын
Would subscriptions for online content be considered local source of income in a territorial taxation country?
@Techguru604
@Techguru604 2 жыл бұрын
Why don't you qualify for the foreign exclusion as a bonafid resident of Dubai and not worry about the 330 days?
@nathanielatfield5706
@nathanielatfield5706 2 жыл бұрын
Perfect structure for georgia aswell😁
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Yes can definitely work but the banks will shut you down for large transfers unfortunately
@sbadrawi2011a
@sbadrawi2011a 2 жыл бұрын
Do you need to set up a company in Georgia as well or a bank account will just do?
@Timesynergy
@Timesynergy Жыл бұрын
How do you set up a usa-based Stripe account without having a USA address?
@Mooneater57
@Mooneater57 2 жыл бұрын
whats the difference between owning the US LLC yourself, or having the dubai company own it?
@WiresNStuffs
@WiresNStuffs 5 ай бұрын
Isn't there transfer pricing rules and regulations?
@therealashleycrouch
@therealashleycrouch 11 ай бұрын
Dubai charges 9% tax now even in free zones is that correct?
@RexTenebris
@RexTenebris Жыл бұрын
Unfortunately now u need to pay 9% generically in uae
@quandaledingle3565
@quandaledingle3565 Жыл бұрын
U have to pay 9% in tax on a mainland company, not a free zone company right ?
@RexTenebris
@RexTenebris Жыл бұрын
@@quandaledingle3565 I’m Pretty sure that you need to pay 9% on all your companies that resides in uae but for free zone company’s it shouldn’t apply theoretically, but I’m not 100% sure. Btw idk if u need this but oil company’s needs to pay around 53% into tax.
@auroraarcturusambassador8042
@auroraarcturusambassador8042 Жыл бұрын
Hey, what are your thoughts on setting up an office in the US for US clients which you just visit from time to time (as you don't recommend living their for tax purposes when you run your business from Dubai)?
@momentumstocks3493
@momentumstocks3493 3 ай бұрын
Illegal
@Vgb_ali_official
@Vgb_ali_official 3 ай бұрын
@@momentumstocks3493 :))))
@paolavelasco9578
@paolavelasco9578 Жыл бұрын
Where is the video for people living in US
@honchohndrxx6921
@honchohndrxx6921 2 жыл бұрын
I’d really love to consult with you in about a months time when I’ve got everything sorted out from my side and you help me set up a free zone company, can I still live in my countries of origin and withdraw cash from the dubai free zone company and only be held liable for dividends tax (which is 20% in my country) or will the free zone in dubai also he liable for corporate tax in my country? Thank you.
@AIRfree
@AIRfree 2 жыл бұрын
Hi , did you found the answer at your question?
@marciomatos1975
@marciomatos1975 2 жыл бұрын
No country can charge corporate taxes from a company in another country. You’ll pay on the dividends only. Probably higher than the standard IRC in your country, if they don’t have a Treaty.
@ajitavmohanty8808
@ajitavmohanty8808 Жыл бұрын
How much you keep paying to Dubai for the Freezone, Visa, corporate Bank account and the corporate taxes ?
@morale493
@morale493 2 жыл бұрын
Hey, when trying to complete a 6 month stay to claim residency in Dubai for tax purposes, are u able to leave the country for holidays and if so how long? Also, is there a certain amount u have to spend on a property before applying for residency? Thanks a lot.
@WealthyExpat
@WealthyExpat 2 жыл бұрын
You can leave for holidays but keep it short at 7-10 days and no need to spend certain amount of time in the property just have the lease / deed ready
@naturelyrics7577
@naturelyrics7577 5 ай бұрын
Awesome video bro, I'm not in the us or use but this still works worldwide right?
@VoiceofQuran-rq9sm
@VoiceofQuran-rq9sm 9 ай бұрын
Brother like Mercury in USA, is there any bank in UAE as well in which we can easily open without living there and operate easily from any part of the world?
@CloudSecurityGuy
@CloudSecurityGuy Жыл бұрын
hey what about if you have UK customers ? what do I do then
@soliditytutorial
@soliditytutorial Жыл бұрын
Does anyone know how to open the LLC in the US and incorporate it as the owner of the Freezone company? Anyone that's gone through the process?
@onderozcan985
@onderozcan985 Жыл бұрын
Thanks for this amazing content. I just wonder, do I have to live in UAE in this solution you explained? Imagine I am a UK rezident and want to follow that solution. Does it work? Please let me know. Cheers! Onder
@nomsTube
@nomsTube 2 жыл бұрын
But then how easy is it to move money to another country without getting taxed
@krishnabellani
@krishnabellani 2 жыл бұрын
Do Wyoming LLCs owned by non-resident+non-citizens need to file taxes in the US?
@WealthyExpat
@WealthyExpat 2 жыл бұрын
You only need to file form 5472 thats all.
@krishnabellani
@krishnabellani 2 жыл бұрын
@@WealthyExpat thank you so much!
@ibh90023
@ibh90023 Жыл бұрын
@@WealthyExpat do have to fill FBAR form? what about income and expenses of the LLC that flow onto personal income tax return in my home country?
@soamjena
@soamjena 2 жыл бұрын
Wait, are they asking KZfaq payments to come to company account ? I think for KZfaq we can simply use personal account.
@mrbabyhugh
@mrbabyhugh 2 жыл бұрын
dont do that, separate your business earnings from your personal money. send the money to a business account from youtube or ANY business. than pay/transfer to your personal account from the business account. trust me, protect your personal assets. if you get sued for any reason due to your business, your personal account will be liable. So yes, REGISTER A BUSINESS, even for youtube.
@live--now
@live--now 7 ай бұрын
Would this work on Malta or maybe Bulgaria instead of UAE ?? I'm in Italy but want to move and get better tax setup.. Thx
@RookieSDR
@RookieSDR Жыл бұрын
if someone has a nonforeign LLC, and selling consulting services to the US, should they get the stripe feature for collecting sales tax even tho is not a physical product?
@mohammadtaghipour9099
@mohammadtaghipour9099 Жыл бұрын
Can you please tell some other alternative for ppl like iranian citizens?
@soundmoneysecrets
@soundmoneysecrets Жыл бұрын
Hey is this possible if you are traveling and spend most of your time in Asia
@aveenof
@aveenof 11 ай бұрын
Will this still work if the US LLC is owned 50/50 by a Dubai FZCO and another company elsewhere?
@MrDanial007
@MrDanial007 4 ай бұрын
How does this work in Germany?
@icimatch9128
@icimatch9128 3 ай бұрын
Unless u leave your country and Move to a 0 tax place for longer than 183 days.. nothing can be done..
@urbanplanninganddesign4651
@urbanplanninganddesign4651 6 ай бұрын
I am iranian but I have an Italian ID card and bank account ( no valid residemce permit at the moment tho) will I be able to work online and take benefit from this UAE zero tax program?
@10X_Brain_Time
@10X_Brain_Time Жыл бұрын
You mean to say Dubai Freezone Company or InLand Company. ..?
@Lionessa8
@Lionessa8 Жыл бұрын
Can I transfer my existing US LLC to a company that I open in UAE? Or is it necessary to open a new US LLC after opening the UAE Freezone co?
@MarialeChirivella
@MarialeChirivella 2 жыл бұрын
How would this work for Canadian entrepreneurs ?
@WealthyExpat
@WealthyExpat 2 жыл бұрын
Same way, I wouldn't recommend Canadian non-residents to have a Canada company just so the CRA doesn't tag you back as tax resident
@lesalphasdelafinance
@lesalphasdelafinance 4 ай бұрын
Hi! If I live in Canada , my corporation currently is à Québec corporation. Would it be possible to keep living in Canada, have an LLC in US and transfer the money to UAE without having to leave Canada ? Or any money that is foreign if I still live in Quebec Canada will get taxed?
@nhhd99
@nhhd99 10 ай бұрын
Hi Rafael, question.. what if I earn my profits to my uae bank acc (wio) but actually live in EU (Hungary). Are there solutions to 0%? 😏 Thanks!
@monzerfaisal3673
@monzerfaisal3673 Жыл бұрын
I'm wondering: Why would you do this instead of having a webstore with your service as something you can buy online with Stripe and paypal and then just receive the money into you bank account directly?
@MrArtVein
@MrArtVein Жыл бұрын
Asset protection and extra fees. When doing business one of the worst things you can do is have one method of payment. Systems go down and fail. And sometimes you get holds. You want complete control if mercury can get it direct from payment processor then more power to you
@Dahni555
@Dahni555 Жыл бұрын
Anyone know if this is possible with a UK Ltd? I wanna make income from UK 6 months a year then be resident abroad for the other 6 months a year (and pay no corporation tax at 19% !) Thanks
@Coolnventions
@Coolnventions Жыл бұрын
and I dont have to pay self employment tax or any of that bs either because the American company made no money right?
@dimitardimitrov8576
@dimitardimitrov8576 7 ай бұрын
What is the reason for the Dubai company owning the US LLS? Why is this done? Can't we own these two companies. Where is the logic?
@icimatch9128
@icimatch9128 2 жыл бұрын
What’s the tax amount when u withdrawl.
@jeffmoore3582
@jeffmoore3582 2 жыл бұрын
Thank you for your informative videos! I'm from Iran. Is there any way for me to setup a free zone company in Dubai and get residency?
@MisterSpeed68
@MisterSpeed68 Жыл бұрын
Of course many Iranians live here and open business , see Mr taster roaming every day and eating in different restaurants making KZfaq videos and grabbing $$$ like our friend here
@BDUDE
@BDUDE 6 ай бұрын
How can you just transfer the money to the UAE company? Doesnt that count as dividends which isn't technically a business expense? They are not tax deductible
@proro485
@proro485 5 ай бұрын
Just create an invoice from the UAE company for some "service" you provided to the US LLC.
@BDUDE
@BDUDE 4 ай бұрын
@@proro485 is that legal? Looks very much like a gray area.
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