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

Kol019201 said:

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.

Good write up.
On the emirates website they write pcr test for leaving only if your destination country requires it. Which is in reality the same as most places want that anyway.
Also depending on the country you come from, you need a pcr test before AND one at the airport on arrival.
Coming from some other countries the pre flight pcr test is enough.

There is an info section on emirates website.

CaptK said:

You just need a PCR test taken within 72 hours previous before your flight.

Yes, but if you come from Africa e.g. from Kenya you need one at the airport as well on arrival I have been told.
Is that not the case any more?

To all you wonderful people with all your wonderful ideas, please open a new thread, this is a paid advertising thread, posts made here have to be specific to the advertisers services and products sold, everything else will be cleaned / deleted.

Fred said:

Dubai Company Formation | Dubai Residence Visa | Business Bank Accounts | NON-CRS

With our experience as expats in Dubai can we help with zero tax NON-CRS Dubai Company formations and workarounds for cashing out Bitcoin profits in Dubai as well as setting up Broker Accounts under Dubai company name for investment purpose.

Dubai at a glance
Working with the most reputable business authorities in Dubai we can setup a Dubai Company structure that grants the shareholders of the company an investor residence visa in the UAE.
The Dubai Company structure business bank accounts as well as the personal bank accounts for each shareholder will be opened with local banks using the investor residence visa.
By using the investor residence visa to open the local UAE bank accounts the banks consider each residence visa holder as a resident within the UAE - this means NO-CRS reporting.
To keep the investor residence visa active there is only every 180 days a physical presence of minimum 24 hours within the UAE for each investor residence visa holder required.

All-inclusive package
- Preparation Business Plan
- Selection of the appropriate license
- Dubai Company Formation
- Investor Residence Visa
- Business bank account in the UAE
- Personal bank account in the UAE

Why Dubai?
As non-resident banking is coming to an end and classic offshore banks loosing there correspondence banks - Dubai as a Offshore jurisdiction with 0% tax still provides an affordable all-in-one solution with company, residence and banking within the same country.

Stop burning and losing money on old fashioned offshore shell companies with unreliable non-resident banking options and EMI's that rip you off.

Long lasting reputable all-in-one solution in Dubai:

dls-dubai.com
info@dls-dubai.com

Thank you for all your constant help Fred.
Ill be honest, i was skeptical at first that who is this guy, haha but time showed your the real deal.
I have to be honest again, the process is a bit slower than anticipated, but thats expected of the middle east....

Glad you met me and we could have lunch to discuss my concerns and your re-assurance was much needed. Nobody wants to be “alone” in these kinds of sticky situations.

Hoping you can continue to provide the great guidance if any future issues do arise.

but overall thanks a bunch for setting everything up for me, even though i can be a pain and a bit impatient some times .

Hey @Mia0063 , @joseph1989 ,@wie7se
Thanks for sharing, have you had any lessons from the process? Anything you could have done to make it easier, quicker or just simpler (especially from the paperwork point)? How long did you stay in Dxb for? I'm also planning to incorporate soon, just want to get ready :)

Deenica said:

Hey @Mia0063 , @joseph1989 ,@wie7se
Thanks for sharing, have you had any lessons from the process? Anything you could have done to make it easier, quicker or just simpler (especially from the paperwork point)? How long did you stay in Dxb for? I'm also planning to incorporate soon, just want to get ready :)

Setting the company up before going to Dubai would save you a lot of time spending in Dubai itself. I'm in Dubai for a little longer than a month now and will have my Emirates ID in the next few days. I came to Dubai on a tourist visa and without the company been setup already.

wie7se said:

Setting the company up before going to Dubai would save you a lot of time spending in Dubai itself. I'm in Dubai for a little longer than a month now and will have my Emirates ID in the next few days. I came to Dubai on a tourist visa and without the company been setup already.

And how long has it taken you?

Hi @Fred i have a question: it's said that to get the visa you must be there 183 days during the first year; are they 183 in a row (meaning 6 months stuck in Dubai) or 183 days over 365 (e.g. one month in and one month out)? Thanks!

Fred said:

Hi @EuroKiss ,

you are mixing up the things let me clarify this for you.

The Dubai Company Formation grants you the residence Visa. Once you have received the residence Visa you have to be at least every 180 days for 1 day in the UAE to keep the residence Visa active.

The Tax Residence Certificate is granted after you spend 183 days per Year in the UAE - at least in the first year. From practice point of view we know from the 2nd year it's more like being 3-4 times per year for 1-2 weeks in the UAE.

You have to spend this time in total in the UAE and not in a raw. For example you can spend January till April in Dubai and then again October and November.

That's it.

Appreciated @Fred many thanks!

Looks like you've got many positive feedbacks, I'll be waiting to hear someone who has finished the process of bank account opening in person to report here.

Hello Fred,

I can't PM yet so I will post here, might as well benefit others with similar doubts.

1. What happens in the event that someone is not in Dubai for at least 1 day every 183 days?
2. The screenshots you posted about Kraken wires. Is that for business or personal accounts? My understanding was that Dubai banks, in general, are not crypto-friendly. Has anything changed?

Thanks.

Makes sense. In the event that the Visa becomes invalid, does it automatically affect the company/bank account somehow? Is it easy to re-activate after going there again? With current travelling restrictions, it's certainly a concern.

@Fred
Is there a licence for a NFT marketplace? the payment is obviously in crypto
I mean can this be done in a straight way without workarounds?

Fred said:

Dubai Company Formation | Dubai Residence Visa | Business Bank Accounts | NON-CRS

With our experience as expats in Dubai can we help with zero tax NON-CRS Dubai Company formations and workarounds for cashing out Bitcoin profits in Dubai as well as setting up Broker Accounts under Dubai company name for investment purpose.

Dubai at a glance
Working with the most reputable business authorities in Dubai we can setup a Dubai Company structure that grants the shareholders of the company an investor residence visa in the UAE.
The Dubai Company structure business bank accounts as well as the personal bank accounts for each shareholder will be opened with local banks using the investor residence visa.
By using the investor residence visa to open the local UAE bank accounts the banks consider each residence visa holder as a resident within the UAE - this means NO-CRS reporting.
To keep the investor residence visa active there is only every 180 days a physical presence of minimum 24 hours within the UAE for each investor residence visa holder required.

All-inclusive package
- Preparation Business Plan
- Selection of the appropriate license
- Dubai Company Formation
- Investor Residence Visa
- Business bank account in the UAE
- Personal bank account in the UAE

Why Dubai?
As non-resident banking is coming to an end and classic offshore banks loosing there correspondence banks - Dubai as a Offshore jurisdiction with 0% tax still provides an affordable all-in-one solution with company, residence and banking within the same country.

Stop burning and losing money on old fashioned offshore shell companies with unreliable non-resident banking options and EMI's that rip you off.

Long lasting reputable all-in-one solution in Dubai:

dls-dubai.com
info@dls-dubai.com

Thanks @Fred , you mention later in the thread that the cost also includes rental of a business space. Is this required just initially for the activation of visa or the company?
Is it required to maintain a business space/flexi desk permanently to retain the company license?
Do you use this as the address of the company?
To open a personal account, do you use a PO box as well or an airbnb?
Is it all done electronically or do they post anything out to the address?
Later someone else posted about insurance that this is a 'good idea' to maintain your residence visa. What is teh annual cost of this and is this included in the 7k set up and 4k ongoing fees you quoted?

Just my two cents on the DLS DUBAI service offered by Fred:
Have been in contact with Fred for almost two months now, continuously asking question upon question, without even committing yet. Fred has been very friendly and helpful and shared his expertise and recommendations nevertheless, including a personal and very informative zoom videoconference.

I have been in contact with numerous providers of offshore solutions, and many came off as too commercial, too expensive, too unpersonal, and most couldn't answer more detailed, complicated questions. (None from this board though! Ahaha).

Not so with Fred. Seems he knows what he is talking about a-z, I still haven't got "I need to look that up" replies. A onestop shop it seems.

For obvious reasons, as I haven't fully committed yet, I can't say with 110% certainty that his is kosher. I will report when service has been paid, company is operative, and the postsales commitments kick in.

For now, I feel that I am in good hands, and that is coming from someone who is totally paranoid. The positive feedbacks I read on this board adds to my confidence, too.

To be updated.

Interesting thread! I trade through a stock broker in EU and was wondering about getting UAE tax residency as a long-term solution. That also means cutting economic and social ties with my EU country and becoming tax non-resident.

1. Is it possible to open freezone company without corporate bank account and then getting residency visa + open personal bank account? I don't really need a company, just residency visa. Does freezone company need any accounting?

2. I would like to stay in UAE for 1-2 months every year, and come every 180 days. What is the cheapest solution for having an address in UAE? Do you need to rent something for 12 months or can you use some mail forwarding service or p.o. box as your address or maybe even hotel address? Or is it better to just buy some cheap small place as your permanent base?

3. Health insurance: do you need UAE health insurance or can you use private international health insurance from abroad?

4. Driving license: can you exchange your EU driving license to UAE with ease?

Hey Fred,
Can you please hit me in DM?
I need a setup in Dubai including crypto with a short turnaround.