Recent content by CaptK

Your DEX operations are easy but getting the funds into crypto is the challenge as you are using company money. It will have to be accounted for. On CEX operations you can just open an account with Kraken Corporate in your company name and they will easily onboard you. Then you can move between...

This is what is required, the last 2 are crucial, hence you need to be in country. The report from Foreign Affairs just details the amount of time spent within a year in Dubai, Bank statements show where you are spending your money and if they don't see majority UAE transactions you wont get...

You will need to prove your day to day living is in Dubai, via debit card transactions.

Yes, ideally spend as long as possible in country or go often. At least every other month for a few days and be paying utilities. Speaking from personal experience.

Unfortunately to become tax residents you will need to show that your centre of life is in the UAE. You will need to spend the majority of the 6 months in the UAE, pay utilities and have day to day transactions. Of course you can leave the country to "work" so I would suggest an FZ rather than...

By no means the cheapest but Hans and I have worked together for years and he is solid. If anyone requires an intro let me know.

LTD is easier as it's only one person required but you would need to do accounting to minimise you CIT. LLP is like an LLC but the only difference is it needs 2 directors one can be a an LTD which is owned by the same person. The benefit is there is no CIT as it's a pass through entity and...

Most of them want big deposit like DBS, Credit Suisse, Citi and HSBC if you want to open another account in the HQ.

Ideally yes until you get the certificate. But as you spend 90% of your time outside the UK you can try and be in the UAE as much as you can.

I'm not sure about obtaining tax residency in Cyprus but for UAE we will be required to stay there for at least 6 months for tax residency. With utility bills and local day to day spending.

IFZA manage DOSA on behalf of the government, so they are the same thing.

Cyprus is a good option but there is accounting costs as well. UAE is about the same but no accounting and only 1 day in the UAE every 180 days. US LLC is a lot cheaper but it's just the US is hard work if they make enquiries. No minimum time required at all in the US.

Yes that will work. It's just the crypto to fiat situation you need to get round.

UK LLP/LTD, US LLC and Dubai freezone. Your biggest challenge will be to get a cryto friendly bank especially at that volume. Look at OTC work around that are paying you dividends or investment returns.

I have never had a problem with the business account but personal should be ok if it's going to an account in the same name.