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US citizen paying no tax in Dubai

venturevis

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venturevisNew MemberAuthor
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#1

I am a US citizen, planning to move to Dubai, form a freezone company, and apply for a residence visa. I will keep a majority of the profits inside the company, and I want the company to pay tax in Dubai not the US as the freezone company tax rate will be 0%. If I create the company and it's not a disregarded entity where would I pay tax? Company will be a CFC? I will be majority shareholder greater than 50%. I plan to leave earnings inside the corporation and pay myself a salary under $100k which I wouldn't have to pay taxes on via FEIE. What is best way to do this? And is this possible?

Last edited: Sep 20, 2022

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