NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai

Can you please provide some resources about residence visa banking being non-CRS? All I find online is about UAE banking being CRS compliant.

How can I know you're a reliable person? It's hard to trust anyone on this forum, I've seen some people being accused of scamming, and the threads just vanish.

jim0thy said:

How can I know you're a reliable person? It's hard to trust anyone on this forum, I've seen some people being accused of scamming, and the threads just vanish.

I understand what you are saying.

That's why I wanted to meet Fred in person first. I suggest you meet him in person if you don't trust it, which is what I did.

So far he setup my freezone company already and the additional things are being worked on. Once everything is setup for me I will post a more detailed review of working with Fred, so far so good.

wie7se said:

I understand what you are saying.

That's why I wanted to meet Fred in person first. I suggest you meet him in person if you don't trust it, which is what I did.

So far he setup my freezone company already and the additional things are being worked on. Once everything is setup for me I will post a more detailed review of working with Fred, so far so good.

Are you going to live there yourself? What high-tax country are you based in?

Roamer said:

Are you going to live there yourself? What high-tax country are you based in?

Yeah I am going to live in the UAE, used to be based in the Netherlands.

Any updates? What are the odds of wie7se and Fred being the same person? Looks like both of them started their activity in this forum a few weeks ago... Fred was registered in 2019, but his messages date from february 2021, wie7se registered this month too.

His website also has WHOIS protection, can't check owner. Googling anything related to their office on Cayan Business Center doesnt get any results besides their website.

jim0thy said:

Any updates? What are the odds of wie7se and Fred being the same person? Looks like both of them started their activity in this forum a few weeks ago... Fred was registered in 2019, but his messages date from february 2021, wie7se registered this month too.

And you registered a month ago and claim such conspiracy, I can confirm they are not the same! Maybe you have a hidden agenda?

I'm not advertising any kind of service like he's doing, so my date of registration is irrelevant. I came here looking for legit serivice providers, that's why I'm questioning his honesty and asking for vouches from other members.

jim0thy said:

I'm not advertising any kind of service like he's doing, so my date of registration is irrelevant. I came here looking for legit serivice providers, that's why I'm questioning his honesty and asking for vouches from other members.

Take it or leave it, you can either go with Fred or not, if you don't trust it then don't do it. You could also wait for me to leave a full review of Fred his service after everything has been setup for me, but since you don' trust me either that would make no differnce. And if you still think me and Fred are the same I would love to join a zoom call to confirm we are not. You can even meet hem irl.

wie7se said:

Take it or leave it, you can either go with Fred or not, if you don't trust it then don't do it. You could also wait for me to leave a full review of Fred his service after everything has been setup for me, but since you don' trust me either that would make no differnce. And if you still think me and Fred are the same I would love to join a zoom call to confirm we are not. You can even meet hem irl.

Sounds great, how long does the process take to be completed?

Hi Fred!
Do you also have experience with opening a foreign branch somewhere in UAE Freezone?

I am working with Fred aswell, half of the setup is already finished. I will fly to Dubai next month to finish everything.
Can keep you updated.

jim0thy said:

Sounds great, how long does the process take to be completed?

Can't tell you as off now because my setup is still being worked on.

Fred established the company for me and already sent me a scan of the company documents and a scan of the establishment card.

I was also skeptical in the beginning because you can't know if somebody tells the truth here, but I spoke several hours with him and decided to go with him because it sounds like he knows what he does. As he is German like me, it was an additional advantage for me.

I will probably fly to Dubai this weekend to get the residence visa and to open the bank accounts with Fred. I will give an update here when everything is finished.

There is many ways banks will report you to the CRS even if you have a residency visa:

• Factually most banks will report you if the phone number you report is not local. So if you go to UAE and your country code on your phone number is something else, then you can be assured that they will report to CRS just to make sure

There is probably also banks who will report you for other reasons, like having a hotel address.
I could assume some banks also just reports to your homecountry for the fun of it.