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

But for the mainland branch they need a local partner?

Hello Fred,

What do you recommend for online entrepreneurs? Digital marketing/affiliate marketing and digital products/apps.
Which zone?
What the total cost would be for a such package including a visa and everything else required to be CRS complaint?

I conduct 0 transactions with my country of residence.

Currently, I have a foreign-owned us LLC but looking to move away from the USA...they will introduce a UBO registry in 2022.

I also may need Paypal and Stripe.

Thank you

Is it possible to be a crypto trader and stay as individual in Dubai having its tax residency?

Has anyone successfully incorporated a company with Fred? Method takes 3 weeks and he is kind of a rush... just suspicious he trying to get as many on board before bad reviews start to pop?
Appreciate if anyone can report back. Dont want to lose money and time.

mimis said:

Has anyone successfully incorporated a company with Fred? Method takes 3 weeks and he is kind of a rush... just suspicious he trying to get as many on board before bad reviews start to pop?
Appreciate if anyone can report back. Dont want to lose money and time.

And what is more important - has anyone successfully transferred money to his company bank account?

digirider said:

And what is more important - has anyone successfully transferred money to his company bank account?

I can share some experience.

I transferred. My bank blocked the transfer initially due to it not belonging to my transaction profile, but they said they had no complaints against said account or company and just wanted to check back that my account has not been hacked etc.

There was a few back and forth due me not being able to make nice passport pictures.

My company has been approved and now I wait for the documents, Fred told me this week. Replies are quick when I ask something.

I can report back with more info hopefully soon e.g. when I got a copy of the company documents etc.

Just met with fred today. Was nice meeting him in person finally.
I cant say much about bank transfers yet because we are still in the process of setting up everything.
Will keep you updated about this one.

But I can say that he replies in max 24hours and also works fast on the process.
Till now no problems at all.

mimis said:

Has anyone successfully incorporated a company with Fred? Method takes 3 weeks and he is kind of a rush... just suspicious he trying to get as many on board before bad reviews start to pop?
Appreciate if anyone can report back. Dont want to lose money and time.

As an update on this:

As I was checking my mails just before, I found the message from Freds company containing all company documents from the full package including the establishment card and rental contract.

Some doc like the certificate of formation can be verified with QR code & url of the dubai freezone eservice portal Fred works with.

So the total process so far was very good and took about 2 weeks including me being slow due to some sickness, bank trying to call me and blocked transaction and some back and forth with passport photo requirements.

So, yes my company is successfully incorporated.

JackAlabama said:

As an update on this:

As I was checking my mails just before, I found the message from Freds company containing all company documents from the full package including the establishment card and rental contract.

Some doc like the certificate of formation can be verified with QR code & url of the dubai freezone eservice portal Fred works with.

So the total process so far was very good and took about 2 weeks including me being slow due to some sickness, bank trying to call me and blocked transaction and some back and forth with passport photo requirements.

So, yes my company is successfully incorporated.

thanks for your update is good to see a reputable member with some history vouching for Fred. I will myself proceed with his services and inform here.
Btw he told me process took 3 weeks + 1 week irl , so in practice took less?

mimis said:

thanks for your update is good to see a reputable member with some history vouching for Fred. I will myself proceed with his services and inform here.
Btw he told me process took 3 weeks + 1 week irl , so in practice took less?

In my case it took 12 days after I paid to have my company set up.
Well, it can always vary in time especially during these volatile and unpredictable times. And I am also not always fast to reply.

for me, the 1 week irl is still to come, probably next month.

Fred said:

Yes - many Traders - no matter if Forex or Crypto - form a Dubai Company to get the residence Visa and living a 0% tax lifestyle and just using the Business Bank Account for daily expenses as no accounting is required at all.

How could i discuss my setup with you?

Fred said:

Send you PM.

Cant see it :(

Hi, I normally do not share my experience but after I met Fred yesterday in person I can see he is serious and knowledgeable. So far he has been very direct of what can be done and what cannot, and as well very fair in the fees ( in Dubai there are other "incorporators" much more expensive and less serious). My case is not that easy but somehow Fred is looking for the best solution which I truly appreciate. I hope he keeps growing and help people here doing good business. Thanks mate

Fred said:

Attached some pictures of the office space that comes with the Dubai Company Formation - as many people were asking about

who will be sitting in this office?

Kakarot said:

How about travelling to dubai right now? Is there a quarantine period? Testing? Online it says Dubai is PARTIALLY open, so it sounds like we will be subjected to testing if we go there -- this is a hassle that should be addressed in full so we can know what to expect.

No quarantine.
You just need a negative PCR test when entering and you are good to go.
Everything is open, you just need a mask.
And to leave you just need a negative PCR test aswell.

So far better then most countries, also the infections are very low at the moment.
Vaccine you can get aswell probably.