Receive income tax-free, use international treaties to avoid double taxation,keep personal information and asset ownership confidential
UAE legislation acts as an effective and reliable tool for optimizing taxes and international business. It works extremely well for both individuals and companies once the basic requirements to qualify are met. UAE tax residency is available to anyone in any country and has no adverse legal consquences.
To obtain tax resident status, you do notneed to reside in the UAE for more than 183 days a year
Individuals, including shareholders orcompany management, are required to obtain a resident visa
For an individual, confirmation ofemployment and actual place of residence in the UAE are required
A legal entity requires a physicaloffice as well as administrative staff
Permanent income derived from asource in the UAE must be proven
A legal entity must be have beenincorporated for at least one year
We choose a business license and form of legal entity, and incorporate a local or free zone company
Guards against automatic exchange of tax information when performing UAE banking operations
Use our close cooperation with UAE banks, understanding of procedures and assistance in passing KYC
New rules are in place since 2018 for the automatic exchange of tax information between jurisdictions under the provisions of the Common Reporting Standard (CRS). Automatic information exchange takes place between the tax authorities of an individual’s country of tax residency and the country of citizenship if a bank audit raises suspicions about the origin of funds owned by tax residents of a foreign country. SORP experts recommend obtaining a secure bank account and non-investment visas as categorized by the OECD.
The company offers a comprehensive set solution for business and shareholders, from incorporating companies to obtaining the status of a tax resident of the country
We incorporate companies, oversee investment projects, open bank accounts and offer high-quality business support to accelerate your success in the UAE
We provide a wide range of valuable outsourced services and tools in the UAE - from advising on acquiring a business to accounting and drafting legal documents and contracts
We have expertise across all market sectors and the tools to tackle complex issues. Our portfolio contains many success stories for obtaining special business licenses for our clients
5,000 square meters (54,000 sq. ft.) of modern office space for rent in a prestigious location in Dubai to accommodate staff, undergo bank checks and confirm economic presence in the UAE
Procurement of state licenses and accreditation helped by long-standing relationships with relevant departments
Confidential legal solutions for tax optimization, beneficiary concealment and protection from automatic information exchange under CRS
Submit a request and get a detailed consultation on the use of tax planning tools in the UAE.
SORP Group specialists will help you build optimal tax schemes and create conditions for obtaining UAE tax resident status
Take advantage of the unique benefits of UAE legislation now!