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    Visa debit card - name on card

    Ok, I understand what you mean, thanks. When either visa or the banks send the cards, the envelop is also in the name of whatever name is on the card. So, I imagined there was a decent chance that this "name on card" would run a bit deeper than just this. But it seems not. And just to wrap it...
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    Visa debit card - name on card

    Thanks for your input. Would you mind detailing a bit what you mean regarding what tax authorities see in case of, let's say, a cash withdrawal? Let's assume a scenario where they don't pay a particular attention to this withdrawal, but I somehow assume they have a data base with all cash...
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    Personal HK bank account

    In case you already have a HSBC premier account, I think you may not even need to fly there. They can do online account opening usually as long as you are already premier client somewhere.
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    Visa debit card - name on card

    Hi, Sometimes with banks (we talk outside the EUSSR of course), it's possible to put the name you want on the visa debit card associated with your account. Let's say you then have a card with a complete different name. Do you know how far the anonymity goes in case of ATM withdrawals and usual...
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    Dubai Corporate tax + Pay out maximum

    I remember being quoted about 5k USD by two UAE law firms for studying my relatively basic structure case and offering me a setup solution. But from either how they wrote to me or talked to me, I realized they did not have much of a clue or only the basics info that everybody knew... my point...
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    Dubai Corporate tax + Pay out maximum

    Thanks for referring to the specific law. So as far as I see, for natural persons it says: "A natural person conducting a Business or Business Activity in the State shall submit a Tax Registration application", so that's as we have been saying. It's only when an individual is carrying out on...
  7. T

    Dubai Corporate tax + Pay out maximum

    Do you have a law (or explanatory document) from the FTA to show us to support this claim?
  8. T

    Dubai Corporate tax + Pay out maximum

    Not if that income is a salary or a dividend. For an individual, it's liable at 9% if the income is directly generated from an activity that would be taxable if it was made under a company in UAE. As far as I know, there is still no tax declaration to be made by individuals. The pain starts if...
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    Dubai Corporate tax + Pay out maximum

    I am no expert, but that's the first time I hear that if your personal income if above 1 milliion AED, that you would be subject to tax on a personal level. Also, I never heard the general manager's salary should be written in the MOA. I would advise you to find a good accountant and ask to...
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    BEST Jurisdiction for Day Trading Futures in the US

    That very much depends what kind of futures you trade, if it's financial index, then I think it's fine. But if it's commodities for example, it's taxable in theory.
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    Min accounting requirement

    I feel there has been/is a OECD crusade around the world forcing countries to consider tax transparent (no change in the status of the source of income) any entity considered tax transparent in its country of origin. Mauritius is the perfect example, where their laws allow (I did not read the...
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    DLS Dubai Free Zone company renewal and audits

    Yeah IFZA is not really a model of quality and efficiency in their way of dealing with things and practices. But they tend to be decently reactive per email [email protected]
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    Question Cypriot Non Dom looking for possibility to NOT spend 2 Month in Cyprus

    For the sake of accuracy, in theory Cyprus won't give you the TRC if you spend more than 6 months in another country. As 60 days is not the only condition to get the TRC, you need also to be able to demonstrate you are not a tax resident in another country and that you hold an office / be an...
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    Min accounting requirement

    The hiccup is that I like to distribute :), and I like to do it tax and hassle free. Thanks Wellington, will look into it.
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    Min accounting requirement

    That fits both tax opaque and 0% CIT?
  16. T

    DLS Dubai Free Zone company renewal and audits

    IFZA now does direct relationship with ex DLS clients.
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    Company with substance - 0% tax

    I remember deep diving into the Kazakhstan free zone, to avoid being taxed at 20%, on top of having to fit some activity types and having local substance, there was also restriction on what you can outsource outside of the country. So it seemed quite strict on paper about "you better f****** do...
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    Why is it that the price of gold has been shooting up so drastically over the last few days?

    Powell has been hinting at reducing the QT of the fed's balance sheet and the market also anticipates rates cut in 2024. Interesting to notice that EUR/USD has been going down lately (USD going up) and usually metals suffer from that, but not recently.
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    Min accounting requirement

    Thank you for your answers. I looked into Marshal island and understood that local companies (needs substance) are taxed at up to 3% and that to get 0%, the authorities there ask to be provided with a TRC from a different jurisdiction, which makes it quite unattractive. Ok great info, thank...
  20. T

    10M.+ optimization tax residency when you have 3/4 bases.

    I don't think there is any such requirement, I guess it depends on your threat level. The way I understand it, UAE won't care whether you match the requirement to get TRC (except to give it to you). But it may turn a useful document if a different country looks into you with intention to claim...

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