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Where Taxpayers and Advisers Meet

Companies Profits and Dubai resident

IntoleranceLab
Posts:8
Joined:Mon Jul 30, 2018 6:36 am
Companies Profits and Dubai resident

Postby IntoleranceLab » Sat Jul 17, 2021 2:57 pm

Hi Guys

Just a little pipe dream at the moment but ...

Theoretically

I have an Ltd company in the UK and it holds around 500K accumulated profits from the last few years.

Is there a way I could move to a tax-free country say Dubai, gain residency there and then pay myself these profits from the UK company and not pay income tax on it ?

Sounds so easy but I know there will be many factors stopping this so any input would be welcome .

Thanks in advance

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