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Questions tagged [uae]

For questions that relate to the laws, practices, and products of United Arab Emirates

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0 votes
2 answers
240 views

Trying to understand the financial condition of my parents for them to be able to help with university [closed]

My parents and I live in Dubai, UAE. I’ve recently been accepted into Cambridge university. I am eager to attend but since I’m not a home student, the annual fees there are very high and amount to £50,...
Boson's user avatar
  • 3
1 vote
1 answer
129 views

Form W8BEN-E type of beneficial owner

I just opened a FZE in UAE. An FZE is technically a LLC with a single shareholder, who owns 100% of shares, and who is also self-employed with a defined salary and a payroll. I'm filling out form ...
Matteo Gobbi's user avatar
0 votes
0 answers
472 views

How to calculate Municipality fee, Service charge, and VAT for restaurants in Dubai

Restaurants in Dubai charge Municipality fee, Service charge, and VAT. Let's say all Prices are inclusive/exclusive of 10% service charge, 7% Municipality fee and 5% VAT. How can I calculate this? ...
337910's user avatar
  • 1
0 votes
3 answers
391 views

I shared my bank account number and my name, can they drain my account?

I shared my bank account number and my name with my gmail info with an online trading company. Do I need to worry? Can they drain my bank account?
Nijesh Pandey's user avatar
0 votes
1 answer
207 views

Money transfer returned but not received by the sender

I was sent a money transfer from the UAE. Unfortunately, I gave details of my closed account to the sender. The receiving UK bank could not credit the money to an account so returned the amount to the ...
Rashmi Vyas's user avatar
2 votes
3 answers
2k views

I gave my full name and phone number and details to deposit money on my debit card for me to make a purchase for them

I gave my debit card number ny full name and phone number and my email address and password to someone so they could deposit funds to my card to make a purchase with and then mail that purchase to ...
Tina Kienholz's user avatar
2 votes
1 answer
256 views

Tax on remittances from UAE to India

My son is working for a company in the UAE. His salary is paid there in AED and every month he transfers some money to his mother's account in SBI. Does my wife have to pay tax on that?
Rakesh Sharma's user avatar
0 votes
1 answer
117 views

Joint Account Signatories

If joint account have three signatories and instruction says account operates with joint signatures without any further specification of "any two", how many signatures are required to do financial ...
Saad's user avatar
  • 1
2 votes
1 answer
130 views

Transfer of Indian rupee account funds to UAE to open business

How can I transfer from my rupee account in India a sum of Rupees 25 lacs to my UAE bank account, for investment purposes for starting my own business.
kumar naidu's user avatar