[charliebrown]

Hi

I have to start a 3 month assignment in Dubai next week as a contractor for a uk supplier.

I've not done anything about bank accounts or set up my own ltd co.

I'd like to know the most efficient way of reducing my tax liability. Looks like I will have to do it all from Dubai, I'm wondering if there are ways to get paid in Dubai as opposed to forming the company in the UK.

Hope that makes sense.

Many thanks CB.

 

[Elphaba]

To work legally in the UAE, you must have residency and a labour card. You obtain this via an 'employer' even of that means setting up your own company. You cannot open a company bank account without a business licence.

The procedure takes time and you have various options are to how you set up a company There have been previous threads about this.

If you work in the UAE for just three months, you will remain a UK resident and this liable for UK income tax on your earnings.

This is a complex issue and there are many aspects that you need to consider. Get a copy of Dubai Explorer today as that will give you a lot of useful information.

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