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Hi, from your experience, what would be a good jurisdiction for setting up a personal investment/holding company which would then invest in different startups in Europe/US/GCC? Imagine shareholder lives in a jurisdiction where PE not a problem. Also as the company would only do a few high risk...

excellent @nurredon thank you. One question: If the ownership of the investment target is less than 5% (imagine you'd use that structure to invest in many startups), then normal corp tax applies? Cyprus Holdings (less reputable than above) seem to have 0% tax on their investments when used as...

thank you @nobel Can you also buy stocks/ETFs with Barclays IOM? https://ciiom.barclays.com/premier-banking/investments/ HSBC Expat premier until now pretty disappointed as looks quite unorganized. Thank you guys for information as I will close HSBC Am wondering which jurisdiction to add...

@Martin Everson A f**k, thank you, luckily didnt wire anything yet Is there another Jersey bank you would recommend instead?

Hi, HSBC expat Premier Jersey, what's your experience with them? I opened an account recently but it takes like two weeks until they answer? Is that also your experience or they just got backlog over Christmas and usually reply faster?

Did any of you try to on/off ramp via https://www.m2.com/en_AE/ or their OTC Desk ( https://www.m2.com/en_AE/otc/ ) to UAE Bank?

Thank you for sharing @benq, appreciate it. May I ask out of Curiosity why the TradeCo is in Switzerland and not Liechtenstein having the potential CH source tax on dividends in mind? I assume with Lux holding the EU mother/daughter directive may apply, but 'i heard' in some cases CH made...

CHAT GPT says that here Federal Decree-Law No. 50 of 2022, also known as the Commercial Transactions Law, has indeed introduced some important changes regarding the definition and scope of commercial activities in the UAE. You are correct in noting that the law now explicitly includes...

I don't know what would be reason to setup US LLC to trade while being tax resident in the UAE (but hey I'm not a tax advisor and maybe I'm missing something). Best would be to speak to an Indian tax advisor in the UAE as there may be special rules for Indian passport holders/former Indian tax...

Ibkr.com Sygnum.com Swissquote.com Saxobank.ae Aminagroup.com Bankfrick.com For example as uaeA Resident

Wio Bank has extremely tight USD/AED spreads 3.6715/3.6730 Banking wise it's also better to send USD to IBKR As otherwise if you send AED to IBKR, they sometimes have issues with their corresponding banks and AED wires get stuck

Depending on your setup maybe look into Malta as dividends if not remitted to Malta are tax free Also CFC rules are bit more relaxed (for the moment?)

Depending if you got proper source of funds, you could open accounts with IBKR or Swissquote or such and buy MoneyMarket ETFs. Keep in mind as Swissquote is a Swiss Broker, they have stamp tax there 0.15% half turn

Hi Ragav, to be honest until now for personal active trading I heard several opinions: Some say if you trade actively its a business, some others say if you trade personal accounts its free. Didnt find any written confirmation yet of it being taxed or not taxed. However, if you trade through...

In the past you could open BVI TradeCo and onboard with many Crypto Exchanges Dont know if thats still the case. However, if there's no substance in the BVI Malta may question Permanent establishment and hence you'd be taxed Or you go easy route Malta TradeCo/CY HoldCo and have 5% effective...

Hi, As a Maltese resident trading actively, you're afraid MT tax office considers this activity as a business and hence you'd be liable to income taxes/social charges on that? Cap gains in Malta if not remitted is tax free, but they may draw a line if your profits are much higher than your...

Keep in mind if UBO shareholder is NOT a Swiss resident, there's a risk of UP TO 35% Swiss withholding tax on dividends https://taxsummaries.pwc.com/switzerland/corporate/withholding-taxes Therefore, as non Swiss resident, look for example in Liechtenstein or such

For this special program you'd pay 15k to Malta no matter how much you paid abroad. The ordinary residence (where you'd need to stay longer, you'd have a minimum of 5k EUR).

Cyprus NonDom is 60days: link for example with google here https://gk-lawfirm.com/cyprus-tax-residency/ (thats if you are NOT creating substance in other countries like you are for example living quite 'nomadicly' For Malta, if you go for the 15k TRP Special program (which takes some months for...

Do you need the OTC desk to be in the UAE or just a professional desk catering to UAE Residents?