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New Business in Maryland
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HOPE2
Level 9
2 weeks ago
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Hi everyone,
A new client has a company in Dubai that deals with the export and import of medical equipment. He wants to start a similar business in Maryland. Since the source of funds coming into his business account in Maryland will be from his company in Dubai (which doesn’t have any income tax), he needs to transfer his income to Maryland from Dubai. When purchasing equipment that will be imported to Dubai, he can maintain greater control over his profits and transactions.
Could you provide some guidance on the steps he should take in Maryland?
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2 Comments 2
sjrcpa
Level 15
a week ago
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Get a MD business attorney with import/export and Dubai expertise.
Ex-AllStar
qbteachmt
Level 15
a week ago
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"he needs to transfer his income to Maryland from Dubai."
Funds get transferred. Not Income. Income is the result of math. Funds are money.
I googled this:
maryland foreign corporation formation dubai
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