Despite the numerous tax and cost benefits of setting up a company in Dubai, the starting fee can be relatively high depending on the type of company. Specifically, Dubai company registration cost differs for offshore and onshore firms. If you are not planning to conduct business in Dubai, an offshore company can be a much...
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With the increase in the company’s participation and investments in Cryptocurrency assets, accounting for cryptocurrency in 2021 has become a huge topic. While cryptocurrency commenced in 2009, it has been booming in the past few years. Regardless of whether you own an Estonia cryptocurrency license, Malta VFA license or Singapore payment institution license, all regulated...
Applying for a visa in a foreign country can be a cumbersome process, especially if you are a foreign entrepreneur seeking to expand your business in a different jurisdiction such as Malaysia. The most common way of applying for a work visa in Malaysia for foreign entrepreneurs is through the Professional Work Permit Visa (DP10)....
Paying income taxes can be quite expensive, depending on where you live. However, some countries do not levy an income tax on their residents. Whether you are considering offshore company setup or applying for permanent residency in a foreign country, one of the key factors to take into account is comparative tax rates. This article...
Estonia, being one of the most advanced European countries, is spearheading the development of blockchain technology by allowing foreign investors to set up companies relating to cryptocurrency trading in 2021. As such, numerous cryptocurrency companies seek to conduct their businesses in Estonia because of the speed and low cost of implementing a cryptocurrency project there....
An offshore bank account is an account set up in a country outside of the home country of the account owner. Such a bank account is usually set up after the offshore business setup process is completed, as it is often more convenient and faster to open a bank account after offshore company incorporation. However,...
Registering an offshore company in Dubai can be highly attractive due to the tax benefits, high level of confidentiality and low administration and maintenance costs required to operate an offshore firm. If you are planning to register company in Dubai, it is important to know the type of businesses that exist and the requirements for...
There are numerous reasons why a business owner would want to setup offshore company in a different jurisdiction. Some reasons include higher levels of asset protection, lower tax rates and business costs, greater ease of business transactions with foreign stakeholders and better banking infrastructure. It is important to identify your business structure and main areas...
An offshore business bank account has traditionally been associated with all sorts of illicit behaviours, from tax evasion to money laundering. However, not only is it 100% legal, it can even offer a multitude of benefits crucial to a globalized, international business. Find out more on how many business owners and investors are engaging Tetra...
Setting up an offshore company in Dubai has been highly attractive in recent years due to the high level of confidentiality offered to businesses, the lenient requirements for accounting and auditing practices and the absence of corporate taxes. The three main free zones for offshore company setup in Dubai are namely the Jebel Ali Free...