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Replying to Avatar Jake Woodhouse

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

🤔

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Timothy Allen 4mo ago 💬 1

You could also operate out of Prospera:

https://intercom.help/prospera-c3520d800849/en/articles/8258630-overview-of-taxes

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Jake Woodhouse 4mo ago 💬 1

Yeah read about that place as well

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Bitcoin District Prospera 4mo ago

Happy to help you or others out!

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