Our UAE-USA solution
The issues
We have developed a solution specifically for dropshipping professionals to address 3 issues:
– Personal tax residency in the Emirates (no income tax or social security contributions)
– Selling goods without taxation on profits
– Ensuring tax compliance (VAT, etc.)
The solution
The solution is therefore to obtain a freelance permit in the Emirates, which makes it possible to obtain a residence visa for the Emirates. It will then be possible to open a bank account in Dubai. At the same time, a company is established in the USA with a business bank account.
There is no income tax in the Emirates, and the US company is tax-transparent: the partner is taxed in their country of residence, not the company (so there is a TOTAL zero tax burden because there is no tax in the Emirates either).
Pros & cons
We are the first and only agency to offer this UAE-USA solution. We handle it entirely in-house from A to Z because we are present in Dubai and Florida.
The benefits of this solution
The advantages of this solution:
– Comprehensive tax optimization (company income and personal income)
– Residence in the Emirates
– Good image of the USA
– Total cost of the solution
The drawbacks of this solution
Drawbacks of this solution:
- Not suitable for a business with multiple partners
- Not suitable for complex structures (holding companies)
- No business bank account (in a company’s name) in the Emirates
UAE/USA Presentation
Company type
United Arab Emirates: Freelance permit in the Emirate of Dubai.
USA: Limited Liability Company (LLC).
Capital
Emirates: No capital.
USA: USD 100.
Accounting
United Arab Emirates: Maintaining accounting records is mandatory. No audit.
USA: Maintaining accounting records is mandatory. No audit.
Justifications of expenses and revenue
United Arab Emirates: Nothing to justify.
USA: Nothing to justify (unjustified expenses will be debited from the shareholder's current account).
Director/Partner
United Arab Emirates: 1 individual only.
USA: 1 individual only (who will be both manager and shareholder).
Residence visa
United Arab Emirates: Allows you to obtain a residence visa for the United Arab Emirates.
USA: Does not allow you to obtain a residence visa for the USA.
Bank account
United Arab Emirates: Personal bank account in the United Arab Emirates.
USA: Business bank account in the USA.
Applicable taxation
United Arab Emirates: No income tax. No social security contributions. No wealth tax.
USA: No corporate income tax (tax transparency for the LLC “disregarded entity“).
Expected time frame
View the timeline diagram
Documents to provide
Passport
United Arab Emirates: Passport copy.
USA: Passport copy.
Proof of address
United Arab Emirates: “Utility bill” (= water, electricity, gas, telephone, etc. bill) dated within the last 3 months. A copy (including in PDF format) is sufficient.
USA: “Utility bill” (= water, electricity, gas, telephone, etc. bill) dated within the last 3 months. A copy (including in PDF format) is sufficient.
CV
United Arab Emirates: Required by the Registry.
USA: Not required.
Business Plan and Diploma
United Arab Emirates: Depending on the requested activity (please contact us).
USA: Not required.
Bank selection
Emirates
- Minimum deposit to be made within 30 days of opening the account and average monthly balance to be maintained in the account: AED 5000 (otherwise, a fee of AED 25 per month).
- E-banking available: yes, free of charge.
- Bank card: withdrawal limit of AED 15 000 per day (no other limit). No purchase payment limit.
- Account maintenance fee: free of charge.
- Opening time: 3 business days.
- E-banking activation time: immediate upon account opening.
- Remote account opening: no.
USA Bank A
- Minimum deposit to be made within 30 days of account opening and average monthly balance to be maintained in the account: USD 3500 (otherwise, a fee of USD 11 per month).
- E-banking available: yes, free of charge.
- Bank card: free of charge. Daily withdrawal limit of USD 3500 (no other limit). No purchase payment limit.
- Account maintenance fee: free of charge.
- Account opening time: immediately during the appointment with the banker.
- E-banking activation time: immediately during the appointment with the banker.
- Remote opening: no.
USA Banque B
- Minimum deposit to be made within 30 days of opening the account and average monthly balance to maintain in the account: no minimum.
- E-banking available: yes, free of charge.
- Bank card: free of charge. Daily withdrawal limit of USD 1000 (monthly limit of USD 4000). Payment limit of USD 2000 per purchase (monthly limit of USD 10 000 for purchase payments).
- Account maintenance fees: free of charge.
- Account opening time: approximately 1 week.
- E-banking activation time: immediate upon account opening.
- Remote account opening: yes.
USA Banque C
- Minimum deposit to be made within 30 days of opening the account and average monthly balance to maintain in the account: no minimum.
- E-banking available: yes, free of charge.
- Bank card: free of charge. Daily withdrawal limit of USD 1000 (monthly limit of USD 30 000). Daily payment limit of USD 10 000 (monthly limit of USD 300 000 for purchase payments).
- Account maintenance fees: free of charge.
- Account opening time: approximately 1 week.
- E-banking activation time: immediate upon account validation.
- Remote account opening: yes.
Pricing for our packages
Package costs in USD
Payment by bank transfer or in cash at our offices in Dubai or Orlando.
Please note:
- Office in Dubai: it is possible to rent an office from a business center such as Regus, ServCorp, etc.
- Family visa (spouse/children): it is possible to “sponsor” your family so that they can also obtain a residence visa.
Package contents
Freelance permit package in Dubai
Our package includes the following:
- Obtaining the Freelance permit.
- Agent, advisory, and company follow-up fees in French.
- On-site support and full assistance for appointments at the Registries.
- Company stamp (in the local format in English and Arabic).
- Company registered office address (scanning and mail forwarding included).
- Correspondence address in Dubai (scanning and mail forwarding included).
- Assistance with opening a personal bank account in Dubai (the freelance licence allows professional funds to be received in a personal account).
- Shared telephone and fax number in Dubai.
- Online invoicing and accounting software (installation, configuration, and training).
- Occasional use of a meeting room in our Dubai offices.
- Delivery of documents, forms, faxes, etc. to your bank.
Package LLC USA
Our package includes the following:
- Drafting the Articles of Organization and the Operating Agreement.
- Company registration.
- Registered office (mail scanning/forwarding included) with a real physical address.
- Obtaining an Employer Identification Number (EIN).
- Agent, advisory, and company follow-up fees in French.
- On-site guidance and assistance for the appointment with the bank to open the business bank account.
- Drafting the Board of Resolution for opening the company’s bank account.
- Shared telephone and fax numbers.
- Online invoicing and accounting software (installation, configuration, and training).
- Tax returns for the company and its shareholder.
- Coordination with the accountant to prepare accounting documents and tax returns.
Dubai Residence Package
Our package includes the following:
- Obtaining a residence visa.
- Obtaining an identity card (EmiratesID).
- UAE driving license (through a license exchange, if applicable).
- Assistance with opening a personal bank account.
- All our advice regarding your expatriation to the UAE: health insurance, housing in Dubai, children’s schooling, etc.
- We handle all the procedures for these applications and assist you on-site (accompanying you to the various services in an air-conditioned vehicle with a driver from our offices). The member of our team who accompanies you speaks French, English, and Arabic.