Hi usebat ,
Very much on the same highway

Okay, taxes... As much as I know by research you pay only the 5% on top of the yearly rent fee.
Another point to mention is that with an LLC, you need to create accounting records | bookkeeping. Also calculate the renewal fee for
the License, the Visa fee(s), DEWA for the office and entity, etc.
There is no such thing as income tax as for example in Europe. I will check on this issue again too. Once I gained all, I will post it here.
Enjoy your Iftar & the adventure of being an entrepreneur here!

Life's an adventure....
--- Oct 08, 2012 ---Hi All,76 days ago the topic posted. As of now I could write a book already.
To make a long story short: homework properly done, all is set. We can take off.
BUT one thing you can take for granted - getting a License here is something you will never forget.
And now the adventure is about to start. Good luck to everyone who starts!!