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https://www.khaleejtimes.com/econom...-to-know-about-virtual-assets-and-regulations it says there " >>Is it illegal to trade virtual assets without VARA's permission in Dubai? Yes. It is prohibited for any person in the Emirate to engage in activities without VARA's authorisation. The person...

Thanks but these freezone have no financial licence (ifza), you can have just a ecommerce licence and use it to open bank account to only trade your stocks ?

Thanks for your answer How much would it cost for financial freezone that allow you to trade stocks (your own balance), heard some people mentionning about 50kusd spent on their first year, hope its a joke, can you work from your appartment or you have to own an office ? Which financial freezone...

Hi, If you are just a day trader, (your own balance), for example in stocks (and maybe in crypto though you can keep that part as an individual) which setup is the best in UAE, taking into account the need of a tax res certificate, thus possibility to grant yourself monthly salary from the...

I am also interested by the remerks from Verbatim about UAE, if you are a day trader, as a professional activity, and doing this activity online, but from the UAE, your desk and your computer and your connection are in the UAE, despite it is your own money that you trade, aren't you conducting a...

For the tax residence certificate you are required to prove local source of fund in UAE, in theory cannot get it just with the investor visa for simply owning real estate. Without proving you are tax residence somewhere some country automatically requalify you as tax resident to the country of...

If you read well what you says is true only for "other income earned by individuals that does not arise from a business or other form of commercial activity licensed or otherwise permitted to be undertaken in the UAE."" But if you are actively managing your investments from UAE online/trading...

In case you are resident in UAE, and actively managing your investments (online from UAE thus) , or even trading/day trading, could it requalify you as a professional commercial activity (above a certain number of yearly transactions) and thus put you under the scope of this new taxation ?

Talking about the TRC for individuals for people nationals of country where the law or case laws which set a precedent force you to prove an other tax residence : it depends if you want a foolproof solution, which will let you safe against any audit, or a solution that works only if you are...

This might be right for the UK. However more and more countries do require you to show the proof that you are tax residence somewhere else (by an annual declaration or a certificate of residence). If you cannot show the proof in case of a residence challenge, they would automatically recall you...

Are you sure it's also the case when it's your main professional activity, a lot of countries have different rules whether you are doing it up to 2-4 transactions per year, compared to when it's professional, different tax advisors can say different things to in the same country

Well maybe its an advantage when you are able to show that you declared and paid tax reasonably 10-20% to avoid hassles Of course it better be in a country which is not gonna spend years to audit and analyze every single digital skateboard you earnt for your ghost blockchain pet, but will tax...

Yeah I agree with it and it's a good avice in general, but my question was a different, in case you would fail to acquire the residence somewhere and that there is a risk this residence would be challenged, so the case of digital nomad was the best picture. Wanted to make sure I cannot be...

" Internal law In France, subject to international tax treaties, you are considered to be domiciled for tax purposes in France, if you meet one of these 3 criteria: if your household (spouse, partner of a PACS or children) or your tax domicile (main residence) remains in France even if you are...

you could open him some business accounts ? how much time it took ? Just curious on how hard is the process. cause on may 9 he also posted "I'd like to open personal and corporate account in Rakbank (in Dubai) but can't get a meeting with a banker. Everything is set up, business is legit and...

""In the absence of any other deciding criteria among the above (primary place of residence or no place of residence in either country), your tax residence will be in France if you hold French nationality."" Actually, the sense of "no place of residence in either country" here means no adress...

Hi, I was wondering if France, can domicile your tax residence there, if you are respectively french, in case you are a digital nomad without triggering the tax residence criteria in any country in the world (including France itself) ? It's not very clear, some people say you actually need to...

Hey you said you used already a service provider 2 months ago and this service was included, how come you need to ask it now, the SP failed in its promises ?

if you come less than 6 months in 2021 (example after july) then you aren't tax resident at all from uae right, and it does not remove you any tax liability on your previous residence for whole year 2021 isn't it for example if you go to UAE in september and stay there, your income from...