Nostr Web Client

I learnt today that a business in UAE is charged 9% corporation tax on profits annually

The same tax in Australia is 30%

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

🤔

Is it possible to set up a company in Dubai remotely? The little bit of research I've done shows you need to be "based" there somehow.

Please Login to reply.

Not sure tbh. Would need to look into it

From my research, the "catch" is that you need an office in Dubai, and that can get quite expensive. But I might not understand the nuances.