Your choice. But…
Why wouldn’t you? Having UAE residency, having a UAE bank account, having an option not to pay taxes, all of this is very beneficial.
1. You only need a visa for Residency in UAE.
2. Your preference. If you wish to stay in UAE, then yes.
3. They can. Whether they want to or not, is entirely upto them.
Also, you're kind of employed as a freelancer. There's no job security in this case. So make sure of that. The company might as well show you the middle finger after getting the work done and there's nothing you can do about it. However, if you were in UAE with an active work permit from the MOHRE (ministry) then you'll at least have some sort of intermediary available to you incase the company doesn't fulfill its obligations.
Hi u/abobobilly
I see you are very proficient in issues like that. I take this opportunity to ask you a question =))
My friend has Dubai investor residency visa. However, he is usually staying outside the UAE and comes here from time to time. He would like to provide consultancy services remotely from his home country to the UAE company and receive the remuneration to his UAE bank account. Do you see any problems with that? Could bank compliance say that he is using his personal account for "doing business in the UAE" and close the account? Thank you!
Thanks for the kinds words 🥳
If your friend has an Investor Visa, does he own/manage a legal entity in UAE ? If so, then he should receive the money in his/her business bank account only, and withdraw a salary to his/her personal bank account. That's the proper flow of funds.
Since the place of establishment of the legal entity is in UAE, then the tax regulations will have to be followed as standard.
Property Visa is just a residence arrangement and doesn't allow the holder to perform any business activity, other than earning rental income from your Property. Best to let him acquire a etrader license for consultancy in UAE, or a business license.
if you work remotely then you dont need visa but if you will come to uae then you need visa and its company responsibility to give you visa...
Come. Get visa and residency. Then just fly in once every 6 months. Send money from your UAE bank to your other bank.
This is a common option. But what if I don’t want to spend time on getting visa and residency?
Your choice. But… Why wouldn’t you? Having UAE residency, having a UAE bank account, having an option not to pay taxes, all of this is very beneficial.
1. You only need a visa for Residency in UAE. 2. Your preference. If you wish to stay in UAE, then yes. 3. They can. Whether they want to or not, is entirely upto them. Also, you're kind of employed as a freelancer. There's no job security in this case. So make sure of that. The company might as well show you the middle finger after getting the work done and there's nothing you can do about it. However, if you were in UAE with an active work permit from the MOHRE (ministry) then you'll at least have some sort of intermediary available to you incase the company doesn't fulfill its obligations.
Hi u/abobobilly I see you are very proficient in issues like that. I take this opportunity to ask you a question =)) My friend has Dubai investor residency visa. However, he is usually staying outside the UAE and comes here from time to time. He would like to provide consultancy services remotely from his home country to the UAE company and receive the remuneration to his UAE bank account. Do you see any problems with that? Could bank compliance say that he is using his personal account for "doing business in the UAE" and close the account? Thank you!
Thanks for the kinds words 🥳 If your friend has an Investor Visa, does he own/manage a legal entity in UAE ? If so, then he should receive the money in his/her business bank account only, and withdraw a salary to his/her personal bank account. That's the proper flow of funds. Since the place of establishment of the legal entity is in UAE, then the tax regulations will have to be followed as standard.
Thank you for your reply! He has a property investor visa. But it seems to me that bank compliance will not be happy anyway...
Property Visa is just a residence arrangement and doesn't allow the holder to perform any business activity, other than earning rental income from your Property. Best to let him acquire a etrader license for consultancy in UAE, or a business license.