Can I own part of a business in Dubai but live in the U.K.? What are the tax implications?

[Frank Davis]

Can I own part of a business in Dubai but live in the U.K.? What are the tax implications?

[Paul Verder]

Well, have you applied to some experts yet? I know that SORP Group can be really helpful with your request https://sorp.ae/en/tax-adviser/ You see, they can help you with optimizing and reducing your tax burden, capital movement modeling, and safeguarding business etc. Then keep in mind that the UAE is the fastest growing country in the world and choosing to open a company in Dubai is a really profitable decision. Good luck

[olivia davis]

Possible income/gains attribution to you. You may be considered controlling the business in the UK if not careful which could move corporate entities to make them UK-resident. Owning foreign companies, or part of them (unless publicly traded) can be awkward.