I learnt today that a business in UAE is charged 9% corporation tax on profits annually
The same tax in Australia is 30%
So
If you’re setting up a digital business, why would you do it as an Australian company?
You could own and operate out of Dubai, and any income to yourself would be declared as tax paying Australian resident
Really gets the brain firing
And I see a global network of entities, banks, residencies etc, that you might build alongside it
🤔
You could also operate out of Prospera:
https://intercom.help/prospera-c3520d800849/en/articles/8258630-overview-of-taxes
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Yeah read about that place as well
Happy to help you or others out!