Cameroonian entrepreneur case study: Entity formed

The client was concerned about tax residency implications of incorporating in the UAE while maintaining French residence. He had received alarming advice from a French accountant who was not familiar with UAE structures and had overstated the risks. He needed clear guidance before committing.

We provided a pre-formation advisory session covering the interaction between UAE residence, French tax rules, and the treaty position. We clarified that a UAE entity alone does not affect his French residency and outlined the conditions under which UAE tax residency could be established if he eventually chose to relocate. He proceeded with formation on the basis of a clear and accurate picture rather than conflicting advice.

Entity formed. Client now has a UAE business presence and banking relationship. He has not relocated but is using the entity for his African consulting work billed to Gulf clients. Tax residency remains in France.